Network Automation Market to Grow by USD 46.61 Billion (2024-2028), Rising Industry Adoption Drives Growth, with AI Redefining the Market Landscape - Technavio

NEW YORK, Nov. 28, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global network automation market size is estimated to grow by USD 46.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 21.48% during the forecast period. Increasing demand for network automation in various industries is driving market growth, with a trend towards use of ai with network automation. However, increased risk related to data security and privacy poses a challenge. Key market players include Anuta Networks International LLC, AppViewX Inc., Arista Networks Inc., Backbox Software Ltd., BlueAlly, BlueCat Networks Inc., BMC Software Inc., Cisco Systems Inc., HCL Technologies Ltd., International Business Machines Corp., Itential Inc., Juniper Networks Inc., Kentik Inc., NetBrain Technologies Inc., NetYCE BV, OpenText Corp., Palo Alto Networks Inc., SolarWinds Corp., Versa Networks Inc., and VMware Inc..

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Market Driver

Network automation is a hot trend in IT, with businesses in various sectors, including healthcare, energy and utilities, and telecommunications, increasingly adopting this technology to manage their data center infrastructure. Network virtualization, a key component of network automation, enables the creation of virtual networks, improving efficiency and reducing costs. Artificial intelligence (AI) and machine learning (ML) are transforming network management, enabling predictive analysis and automated response to security threats and performance issues. Networking companies are developing AI-powered configuration management tools to help large enterprises and SMEs manage their switches and routers more effectively. The growing demand for SD WAN, IoT products, and 5G technology is driving the need for more bandwidth networks and advanced networking technologies. Businesses are also looking for solutions to address security concerns in their enterprise networks. The networking solutions market is segmented into cloud and on-premises, with cloud segment expected to grow due to the increasing adoption of cloud services. Standardization and automation are key trends in networking technologies, with open source projects gaining popularity. Entuity Network Management is one such solution that offers network architectures, management tools, and performance and capacity monitoring. CSPs are also investing in network functions virtualization to improve their offerings and meet the demands of digital transformation. 

In today's business landscape, digital transformation is a key priority for organizations to link structures and boost enterprise revenue streams. Industries such as banking, finance, IT, and manufacturing are investing in real-time solutions and AI technologies to gain a competitive edge. Advanced Business Intelligence (BI) is in high demand as companies seek to centralize their business operations and data. AI offers significant technological advances, including virtual agents and chatbots, targeted advertising, and voice recognition, to name a few. These tools provide valuable insights and automate processes, enabling businesses to make informed decisions and improve efficiency. The adoption of AI also allows for the analysis of large amounts of data, leading to new opportunities for innovation and growth. In summary, AI is a game-changer for businesses looking to streamline operations, enhance customer experiences, and stay ahead of the competition. 

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 Market Challenges

• In today's fast-paced business world, IT departments face numerous challenges in managing complex network infrastructures. Network automation is a key solution, enabling large enterprises and SMEs to streamline operations and reduce costs. However, implementing network automation and network virtualization in data centers requires overcoming hurdles such as integrating with existing IT systems, ensuring security, and managing complex configurations. Networking technologies like switches and routers, SD WAN, and configuration management tools are essential for automation. Businesses in sectors like healthcare, energy and utilities, and telecommunications are increasingly adopting network automation to meet growing bandwidth demands and secure their networks against security threats. Artificial intelligence (AI) and machine learning (ML) are transforming network management, offering predictive analytics and automating repetitive tasks. Edge computing, 5G technology, and open source projects are also driving innovation. However, standardization and automation remain key challenges for networking companies. The network automation market is segmented into solutions and cloud segments, with solutions focusing on performance, capacity, and security concerns. Management and security solutions are in high demand due to increasing internet traffic and lockdown measures driving remote work. Network functions virtualization and digital transformation are also major trends. CSPs are investing in virtualization and automation to enhance network architectures and meet business demands.
• Cloud-based network automation software streamlines marketing operations by managing content creation and maintenance across multiple platforms. This includes copy, videos, images, and other assets. The convenience and cost-effectiveness of hosting information on the cloud make it accessible to a wider audience. However, security and reliability are crucial concerns for organizations before transferring sensitive data to the cloud. The dependence on cloud computing service providers increases with the adoption of cloud-based network automation software. While the benefits are significant, potential risks such as data leakage must be carefully managed to maintain data security and integrity.

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Segment Overview 

This network automation market report extensively covers market segmentation by

1. Component 
• 1.1 Solutions
• 1.2 Services
2. Deployment 
• 2.1 On-premise
• 2.2 Cloud
3. Geography 
• 3.1 North America
• 3.2 Europe
• 3.3 APAC
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Solutions- Network automation market encompasses various ways to automate network components using either command line automation or automation software. Basic automation involves using standard CLI commands and chaining events with bash operators or shell scripts. Alternatively, automation software integrates network tasks into pre-built programs, allowing users to select, schedule, and execute them from a front-end application. For instance, Red Hat Ansible Automation Platform offers playbooks for automating network configuration, security, orchestration, and more, across providers like AWS, Microsoft, and Cisco. Such solutions contribute to the growth of the network automation market through the solutions segment during the forecast period.

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Research Analysis

Network automation is a critical aspect of modern Information Technology (IT), enabling the management and configuration of complex network infrastructure with minimal human intervention. It encompasses network virtualization, which allows the creation and management of virtual networks, and is increasingly being adopted in various sectors, including data centers, healthcare, energy and utilities, and telecommunications. Network automation leverages advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) to optimize network performance, ensure security, and adapt to changing business demands. The adoption of network automation is driven by the increasing complexity of IT infrastructure, in Internet traffic due to remote work and IoT products, and the need for efficient bandwidth networks. Edge computing and switches and routers also play a crucial role in network automation by enabling decentralized processing and improving network agility.

Market Research Overview

Network automation is a critical aspect of modern Information Technology (IT), enabling the use of artificial intelligence (AI) and machine learning (ML) to manage and optimize network infrastructure. This includes network virtualization in data centers, SD WAN, switches, and routers, as business demands for increased bandwidth, security, and digital transformation continue to grow. The Networking industry is witnessing significant changes with the adoption of AI and ML for network management and security, especially in sectors like healthcare, energy and utilities, and telecommunications. Networking companies are focusing on solutions segment and cloud segment to provide advanced networking technologies, including network functions virtualization, open source projects, and 5G technology. Enterprises of all sizes, from large corporations to Small and Medium Enterprises (SMEs), are adopting network automation to enhance performance, capacity, and standardization. The increasing use of IoT products, edge computing, and the need for secure bandwidth networks have further fueled the demand for networking solutions. Lockdown measures have accelerated the adoption of network automation, as remote work and virtual collaboration have become the new norm. Networking solutions are also addressing security concerns, such as configuration management tools and threat detection, to ensure secure and reliable network operations. Overall, network automation is a key driver for digital transformation, enabling enterprises to optimize their network infrastructure, enhance security, and improve overall network performance.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Component
• Solutions
• Services
• Deployment
• On-premise
• Cloud
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

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