Network Automation Market to reach $7bn by 2024 Network Automation Market

Network Automation Market to grow at 22% CAGR from 2018 to 2024: Global Market Insights Inc. Network Automation Market to exceed USD 7 billion by 2024; driven by rise in investment by network automation solution vendors. A significant surge in the adoption of software-defined networking and network function virtualization to enhance the IT environment of enterprises is expected to augment the industry share over 2018-2024. The network automation market trends are further driven by supportive government initiatives to deploy advanced network technology. The BFSI sector accounted for 18% of the global network automation market share in 2017. According to the report, digitalization trends and the adoption of automation in the banking industry have been propelling the product demand in this sector. Network Automation Market 1 | Page