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Adoption among SMEs to Augment the Growth of the Network Automation Market Research

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Adoption among SMEs to Augment the Growth of the Network Automation Market Research

Network Automation Market Research

The global network automation market is expected to attain a market valuation of USD 27 Bn, at an astounding CAGR of 49% over the forecast period of 2017–2023, projects Market Research Future (MRFR) in a detailed study. Network automation refers to managing and executing network process through the integration of software and network solutions. Network automation adoption is associated with numerous benefits which include improved efficiency, low operational expense, and reduction in the possibility of errors, and improved business continuity and agility. The high rate of adoption of smart connected devices across diverse industries is one of the primary reasons driving the growth of the global network automation market. The proliferation of Smart connected devices has resulted in increased complexity of networks which augments the need for new approaches, tools, and technologies to improve agility and respond to advanced business demand. As enterprises are increasingly adopting virtual and software-defined wine area network infrastructure, the demand for networking automation is also growing which is fuelling the growth of the market. Other factors boosting the growth of the global network automation market include high adoption rate of network automation solutions among SMEs and substantial investment in R&D.

Segmentation

The global network automation market has been segmented based on component, network infrastructure, deployment, organization size, and vertical.

By component, the global network automation market has been segmented into solution and services.

The solution segment has been segmented into SD-WAN, network automation tools, and intent-based working. The services segment has been segmented into professional and managed services.

By network infrastructure, the global network automation market has been segmented into physical network configuration, virtual network configuration, and hybrid network configuration.

By deployment, the global network automation market has been segmented into on-cloud and on-premise.

By organization size, the global network automation market has been segmented into SME and large enterprises.

By vertical, the global network automation market has been segmented into IT and Telecommunications, media & entertainment, energy and utilities, and others.

Regional Analysis

By region, the global network automation market has been segmented into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is expected to domineer the global network automation market. The high adoption rate of smart connected devices and the existence of key players in the region spur the growth of the market in North America.

Europe is the second largest market for network automation. Consistent demand for network automation from the manufacturing and BFSI sectors is contributing to the growth of the Europe market.

Competitive Landscape

The notable players in the global network automation market include Micro Focus International plc (U.K), Riverbed Technology, Inc. (U.S.), BlueCat (Canada), Apstra (U.S.), IBM Corporation (U.S.), Entuity (U.K), Cisco Systems, Inc. (U.S.), NetBrain Technologies Inc. (U.S.), Veriflow Systems (U.S.), BMC Software (U.S.), Juniper Networks, Inc. (U.S.), and SolarWinds Inc. (U.S.).

More Information@ https://www.marketresearchfuture.com/reports/network-automation-market-5852

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]

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