Information Communication and Technology Reports Network Automation Market

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 and in-depth TOC on “Network Automation Market”
71 - Tables
46 - Figures
142 - Pages
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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.
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.
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Europe is expected to hold the second largest market share in the network automation market during the
forecast period.