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.
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Network automation is the process of automating the configuration, management, testing, deployment, and operations of physical and virtual devices within a network. It is the methodology in which software automatically configures, provisions, manages, and tests network devices. It is used by different enterprises and service providers to improve efficiency and reduce human error and operating expenses.
The tools of network automation functions are ranging from basic network mapping and device discovery, to more complex workflows such as network configuration management and the provisioning of virtual network resources. It plays an important role in software-defined network, network virtualization, and network orchestration, enabling automated provisioning of virtual network tenants and functions, such as virtual load balancing. It has several core benefits such as improved efficiency, reduced likelihood of human error, and lower operational costs.
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The network automation market is segmented based on component, deployment mode, organization 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).
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. These players have adopted various strategies to increase their network automation market penetration and strengthen their position in the industry.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global network automation market size along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global network automation market share from 2018 to 2026 is provided to determine the market potential
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