The Global Market for Network Automation - Forecast to 2023: Drivers, Trends, Opportunities and Challenges

DUBLIN, Aug. 21, 2018 /PRNewswire/ --

The "Global Network Automation Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global network automation market is expected to grow at a CAGR of over 48.7%, during the forecast period (2018-2023).

IT & Telecommunication Sector to Dominate the Market over the Forecast Period

Telecom companies and managed service providers live and die by their networks. Downtime is considered fatal to business, with slow performance a close second. As more and more services are introduced and network traffic skyrockets, service providers need intimate network knowledge and end-to-end visibility to maximize uptime, reduce mean time to repair (MTTR), and avoid SLA violations. One of the most important factor driving the growth of the market is human errors. By reducing human errors, organizations can offer a higher level of services and enhances business stability.

The network automation market in the IT sector cater the need for network bandwidth management as well as 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 by human errors are also some of the factors that can be resolved using the advances in the automation technologies.

North America to Appear as one of the Leading Region in the Network Automation Market

Due to rising growth in the adoption rate of network automation solutions and services in North America, the emergence of trending technologies, along with the SaaS-based application, cloud networking, network analytics, DevOps, and virtualization, has authorized users and businesses in North America to undertake network automation solutions. Investment in R&D and evolution of innovative automation solution are the opportunities in the North America region market.

Notable Developments in Network Automation Market

• April 2018: Susman, the leader of plaintiff NetFuel Inc., takes on Cisco over network automation patents, charging that numerous Cisco routers and switches infringe two of its patents on automating the management of networking systems.
• January 2018: Verizon joined the Open Network Automation Platform (ONAP) project as platinum member, under the direction of The Linux Foundation, in part to boost industry efforts around software-defined networking (SDN) and network functions virtualization (NFV).

Key Topics Covered

1. Introduction
1.1 Key Study Deliverables
1.2 Market Definition
1.3 Study Assumptions

2. Research Methodology

3. Executive Summary

4. Network Automation Market Insights
4.1 Network Automation Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products and Services
4.2.5 Competitive Rivalry in the Industry
4.3 Industry Value Chain Analysis
4.4 Industry Policies
4.5 Technology Snapshot

5. Network Automation Market Dynamics
5.1 Network Automation Market Drivers
5.1.1 Increasing Demand of Data Centre Network
5.1.2 Rising Trend of Smart Connected Devices
5.1.3 Rising Demand in the Virtual Network Infrastructure
5.2 Network Automation Market Restraints
5.2.1 Increasing Security Vulnerability
5.2.2 Lack of Skilled Professional Across Industries
5.2.3 Huge Initial Cost Involvement
5.3 Network Automation Market Opportunities
5.3.1 Rising Demand in Cloud Based Adoption
5.3.2 Increasing Application of IoT based Product Across Multiple Industry

6. Global Network Automation Market Segmentation
6.1 Network Automation Market By Type
6.1.1 Network Type
6.1.1.1 Physical
6.1.1.2 Virtual
6.1.1.3 Hybrid
6.1.2 Service Type
6.1.2.1 Professional
6.1.2.2 Managed
6.1.3 Solution Type
6.1.3.1 Network Automation Tools
6.1.3.2 SD-WAN & Network Virtualization
6.1.3.3 Intent-Based Networking
6.2 Network Automation Market By Deployment Model
6.2.1 On-premise
6.2.2 Cloud-based
6.2.3 Hybrid
6.3 Network Automation Market By End-User Industry
6.3.1 IT & Telecommunication
6.3.2 Manufacturing
6.3.3 Energy and Utility
6.3.4 Banking and Financial Services
6.3.5 Education
6.3.6 Others (Broadcast & Media, Healthcare, Defense)
6.4 Network Automation Market By Region
6.4.1 North America
6.4.2 Europe
6.4.3 Asia-Pacific
6.4.4 Latin America
6.4.5 Middle-East and Africa

7. Competitive Intelligence - Company Profiles
7.1 Cisco System, Inc.
7.2 Juniper Networks, Inc.
7.3 IBM Corporation
7.4 Hewlett Packard Enterprise Development LP
7.5 SolarWinds Inc.
7.6 Network Automation, Inc.
7.7 Micro Focus International PLC
7.8 NetBrain Technologies, Inc.
7.9 Apstra Inc.
7.10 Arista Networks Inc.
7.11 Extreme Networks, Inc.
7.12 BMC Software, Inc.
7.13 Veriflow Systems, Inc.
7.14 VMware, Inc.
7.15 Nokia Networks (Nuage Networks)
7.16 Red Hat, Inc. (Ansible Inc.)
7.17 Forward Networks, Inc.
7.18 AppViewX, Inc.
*(List Not Exhaustive)

8. Investment Analysis

9. Future of Global Network Automation Market

For more information about this report visit https://www.researchandmarkets.com/research/n3slsz/the_global_market?w=5

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