According to the new market research report " Network Automation Market by component, deployment mode, organization size, network type and end use industry and Region - Global Forecast to 2028", published by IMARC Group, the market is projected to reach US$ 35.4 Billion by 2028, exhibiting at a CAGR of 6.69% during 2023-2028.

Network automation involves the utilization of software to automate network operations, including provisioning, management, and security, with the goal of optimizing network efficiency. This approach relies on logic and frameworks akin to software programming to schedule and execute automated tasks. It encompasses a wide range of network functions, such as resource provisioning, network mapping, and network testing. Moreover, it facilitates the integration of cloud-native applications and DevOps workflows into networking and security management for organizations. By implementing network automation, companies can achieve significant time and cost savings while enhancing process flexibility and agility.

The global network automation market size reached US$ 17.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 52.7 Billion by 2028, exhibiting a growth rate (CAGR) of 19.5% during 2023-2028.

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List of key players

AppViewX Inc., BMC Software Inc., Cisco Systems Inc., Extreme Networks Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks Inc., Micro Focus International PLC, Netbrain Technologies Inc., Solarwinds Corporation and Vmware Inc.

Network Automation Market: Key Drivers and Trends

Currently, the market for network automation is witnessing significant growth, driven by various factors. One key factor is the escalating demand for network automation, which brings standardization to processes and eliminates the risk of human errors. Additionally, the adoption of network automation is on the rise as it enables rapid integration and configuration of application services and network infrastructure by operational units, thereby fueling market growth. Moreover, the employment of network automation is increasing due to its ability to enhance network uptime and stability, which contributes to a positive market outlook. Furthermore, the market is being supported by the growing utilization of advanced technological tools like machine learning, big data, and artificial intelligence (AI).

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 Network Automation Market 2023-2028: Segmentation

Breakup by Component:

• Solution
• Network Automation Tools
• SD-WAN and Network
• Virtualization
• Internet-Based Networking
• Services
• Professional Service
• Managed Service

Breakup by Deployment Mode:

• On-premises
• Cloud-based

Breakup by Organization Size:

• Large Enterprises
• Small and Medium-size Enterprises

Breakup by Network Type:

• Physical
• Virtual
• Hybrid

Breakup by End Use Industry:

• IT and Telecom
• Manufacturing
• Energy and Utility
• Banking and Financial Services
• Education
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Report Purchase Reason:

• Historical market data from 2017-2022
• CAGR of the market during the forecast period 2023-2028
• Detailed information on factors that will drive Network Automation Market growth during the next five years
• Precise estimation of the Network Automation Market size and its contribution to the parent market
• Upcoming market trends and changes in consumer behavior
• The growth of the Network Automation Market industry across North America, APAC, Europe, Latin America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on key players
• Comprehensive details of factors that will challenge the growth of Network Automation Market key players