The network automation market is segmented based on component, deployment mode, organisation size, industry vertical, and region. In terms of component, the market is bifurcated into solution and services. Based on solution, the market is again sub-segmented into network automation tools, SD-WAN & network, virtualization, and internet-based networking. Based on service, the market is sub-divided into managed services and professional services. As per deployment mode, the market is segmented into on-premise and cloud. In terms of organization size, the market is classified into large size organization and small and medium size organization. As per industry vertical, the market is categorized into BFSI, Retail & e-commerce, IT & telecommunication, manufacturing, healthcare, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
Rise in adoption of smart and connected device, increase in the adoption of automation technologies such as artificial intelligence (AI) and machine learning, which enables enterprises to enhance troubleshooting of the network issues through real-time data monitoring are major factors that drive the growth of the network automation market. In addition, increase in number of start-ups offering solution for network automation and network downtime caused due to human errors fuel the growth of the network automation market. However, availability of open source automation tools hampers the growth of the network automation market. Furthermore, adoption of advanced networking solution by different SMEs and rise in investments on R&D in network automation by different SMEs are anticipated to provide major opportunities in the market.
The key players profiled in the network automation market analysis are IBM Corporation, CISCO System Inc., Juniper Network Inc., SolarWinds Inc., Hewlett Packard Enterprise Development LP, Network Automation Inc., BMC Software Inc., VMWare Inc., Apstra Inc., and Network Automation Inc.
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