DUBLIN, Dec. 21, 2017 /PRNewswire/ --
The "Network Automation Market by Solution (SD-WAN, Network Automation Tool, Intent-Based Networking), Network Infrastructure (Physical, Virtual, Hybrid Network), Service, Deployment, Vertical, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
It's forecast the global network automation market size will grow from USD 2.32 Billion in 2017 to USD 16.89 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 48.7% during the forecast period.
Major drivers of the network automation market include the critical need for network bandwidth management and network visibility, and the growing adoption of smart connected devices across all industry verticals. Moreover, increasing adoption of virtual and software-defined network infrastructure, and network downtime caused through human errors are also some of the other factors driving the market growth.
The network automation market is segmented on the basis of components (solutions and services), network infrastructure, organization size, deployment types, verticals, and regions. The solutions segment is further segmented into SD-WAN, network automation tools, and intent-based networking.
North America is expected to hold the largest market share and dominate the network automation market during the forecast period. The emergence of trending technologies, such as SaaS-based application, cloud networking, network analytics, DevOps, and virtualization, has encouraged users and enterprises in North America to adopt network automation solutions, such as SD-WAN, automation tools, and intent-based networking for gaining better insights into enterprise networks.
APAC consists of major economies such as Japan, China, India, and Australia. These countries are expected to witness high growth rate in the automation market. APAC has recorded advanced and dynamic adoption of new technologies and has always been a lucrative market for the network automation.
Rapidly growing web, telecom, data centers, and IoT in APAC is driving the need to monitor, protect, and manage these applications from vulnerabilities. Security of IT applications is a major concern for enterprises. This has driven the demand for network automation solutions, which proactively monitor application performance, identify security gaps in the application code, and reduce risks.
The availability of open-source network automation tools could restrain the growth of the network automation market.
The study measures and evaluates major offerings and key strategies of major network automation vendors, including Cisco (US), Juniper Networks (US), IBM (US), Micro Focus (UK), NetBrain Technologies (US), SolarWinds (US), Riverbed Technology (US), BMC Software (US), Apstra (US), BlueCat (Canada), Entuity (UK), and Veriflow (US). These companies have been at the forefront in offering reliable network automation solutions to commercial clients across diverse locations.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Network Automation Market, By Component
7 Network Automation Market, By Solution
8 Network Automation Market, By Network Infrastructure
9 Network Automation Market, By Service
10 Network Automation Market, By Organization Size
11 Network Automation Market, By Deployment Type
12 Network Automation Market, By Vertical
13 Network Automation Market, By Region
14 Competitive Landscape
15 Company Profiles
- BMC Software
- Cisco Systems
- Juniper Networks
- Micro Focus
- NetBrain Technologies
- Riverbed Technology
For more information about this report visit https://www.researchandmarkets.com/research/kc3tww/global_network?w=5
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