DUBLIN--(BUSINESS WIRE)--The "Network Automation Market by Solution (SD-WAN, Network Automation Tool, Intent-Based Networking), Network Infrastructure (Physical, Virtual, Hybrid Network), Service, Deployment, Vertical, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global network automation market size is expected to grow from USD 2.32 billion in 2017 to USD 16.89 billion by 2022, at a CAGR of 48.7% during the forecast period.
The growing adoption of smart connected devices across all industry verticals and of virtual and software-defined network infrastructure, and network downtime caused by human errors are major factors driving the network automation market. Human error is one of the biggest and most important reasons driving the demand for network automation solutions. However, availability of open-source automation solutions is anticipated to be a major restraining factor for the market growth.
Intent-based networking offers enhanced access control, scalability, security, and multi-vendor device management in an enterprise network. The intent-based networking takes business policy as its inputs, converts the requirement to a network configuration, and generates a network design. The system is capable of taking action dynamically, enforce the intent in real time by rerouting traffic, blocking malware traffic, or modifying capacity. Intent-based networking is a nascent technology which is believed to help improve network availability and agility (two major concerns for modern day enterprises).
The physical network configuration and automation segment is based on the requirement and need to enable the setup and configuration, patching, rollout and rollback, resource use, and change history of the physical network infrastructure. These solutions capture data and dependency information into the snapshots that let network administrators to establish configuration baselines and gold standard for continuous change tracking and to detect configuration drifts in multivendor network devices.
North America is expected to hold the largest market share in the network automation market during the forecast period. The growth of evolving low-power high-range IoT technologies and automation bringing major technological revolution in this region.
Asia Pacific (APAC) is expected to be the fastest growing region in the network automation market, as various enterprises in this region are implementing network automation solutions across their networks. The high adoption rate of new technologies has made this region a lucrative market for IT companies. Rapidly growing web, telecom, data centers, and IoT in APAC drives the need to monitor, protect, and manage these applications from vulnerabilities. It is a major concern for enterprises.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Network Automation Market, By Component
7 Network Automation Market, By Solution
8 Network Automation Market, By Network Infrastructure
9 Network Automation Market, By Service
10 Network Automation Market, By Organization Size
11 Network Automation Market, By Deployment Type
12 Network Automation Market, By Vertical
13 Network Automation Market, By Region
14 Competitive Landscape
15 Company Profiles
- BMC Software
- Cisco Systems
- Juniper Networks
- Micro Focus
- NetBrain Technologies
- Riverbed Technology
For more information about this report visit https://www.researchandmarkets.com/research/zxxg9j/network?w=4
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Related Topics: Networks