Information Communication and Technology Reports Network Automation Market Research Report 2022

Network Automation Market size to grow from
USD 2.3 billion in 2017 to USD 16.9 billion by 2022
According to a new market research report” Network Automation Market by SD-WAN, Network
Automation Tool, Intent-Based Networking, Network Infrastructure (Physical, Virtual, and Hybrid
Network Configuration, and Automation), Service, Deployment, Vertical, and Region - Global
Forecast to 2022", published by MarketsandMarkets™, The network automation market size is expected to
grow from USD 2.3 billion in 2017 to USD 16.9 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 growing adoption of smart connected devices across industry
verticals. Moreover, increasing adoption of virtual and software-defined network infrastructure and network
downtime caused through human errors are also some of the factors that are expected to drive the market.
Browse 71 market data Tables and 46 Figures spread through 142 Pages and in-depth TOC on "Network
Automation Market by SD-WAN, Network Automation Tool, Intent-Based Networking, Network Infrastructure
(Physical, Virtual, and Hybrid Network Configuration, and Automation), Service, Deployment, Vertical, and
Region - Global Forecast to 2022"
Major Key Companies:
Major vendors in the network automation market include 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).
The virtual network configuration and automation segment is expected to be the fastest growing
network infrastructure in the network automation market during the forecast period
The virtual network configuration and automation segment is based on the requirement and need to enable
installation and provision of virtual machines, virtual devices and workloads. The automation of virtual
devices and machines ensures that there are no bottlenecks by providing centralized visibility and control
into the utilization and capacity of virtual devices in the virtual network infrastructure. Virtual network
configuration and automation is essential for enterprises to improve their network agility and enhance its
availability.
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The on-premises deployment type is expected to hold the largest market share in the network
automation market during the forecast period
The on-premises deployment type refers to the on-premises installation of software and solutions. These
solutions are delivered on a one-time license fee and an annual service agreement, which includes free
upgrading and installation of new functionalities. The deployment of on-premises network automation
solutions requires huge infrastructure and individual data centers. Organizations that are able to afford such
expensive automation solution usually deploy the on-premises solutions. The on-premises deployment type
also offers offline data analytics, configuration, and provides better control over systems and data. The
deployment of on-premises solutions requires dedicated IT staff for the maintenance and support of such
high-end IT infrastructure.