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May 31, 2019 6:41 AM ET

Network Automation Market 2019: Industry Trends, Size, Growth Insight, Share, Competitive Analysis, Statistics, Regional, And Global Industry Forecast To 2024

iCrowd Newswire - May 31, 2019

Global Network Automation Market report is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market.

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The global network automation market is expected to grow at a CAGR of over 48.7%, during the forecast period (2018 – 2023). The scope of the report is limited to solutions offered by various market players from various end-user sectors including IT and Telecommunication, manufacturing, energy and utilities, and banking and financial services. The regions considered under the scope of the report include Asia-Pacific, North America, Europe, South America, and Middle East and Africa.Network automation is a method in which tasks are performed automatically. The network automation software automatically configures provisions, manages and tests electronic network devices. Network automation tools enable network operations staff to gain process and configuration agility, while ensuring compliance. By combining computer hardware and software-based solutions, large enterprises, service provider, and organizations can implement electronic network automation to restraint and manage repetitive processes. This technology is used to improve efficiency, network service availability, and reduce human errors by many organizations.IT and Telecommunication Sector to Dominate the Market over the Forecast PeriodTelecom 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.

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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 MarketDue 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 RandD 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).Major Players: CISCO SYSTEM, INC., JUNIPER NETWORKS, INC., IBM CORPORATION, HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP, SOLARWINDS INC., NETWORK AUTOMATION, INC., MICRO FOCUS INTERNATIONAL PLC, NETBRAIN TECHNOLOGIES, INC., APSTRA INC., ARISTA NETWORKS INC., EXTREME NETWORKS, INC., BMC SOFTWARE, INC., VERIFLOWSYSTEMS, INC., VMWARE, INC., NOKIA NETWORKS (NUAGE NETWORKS), RED HAT, INC. (ANSIBLE INC.), FORWARD NETWORKS, INC., and APPVIEWX, INC., . amongst others.Reasons to Purchase Network Automation Market Report• To understand the impact of network automation in the IT and Telecommunication sector.• Analyzing various perspectives of the market with the help of Porter’s five forces analysis• To understand the dominating technology in the market• The region that is expected to witness the fastest growth during the forecast period• Identify the latest developments, market shares and strategies employed by the major market players• 3 months analyst support along with the Market Estimate sheet (in Excel)Customization of the Report• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.

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Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Some of Toc Points in Network Automation Market Report are:-

1. Introduction1.1 Key Study Deliverables1.2 Market Definition1.3 Study Assumptions2. Research Methodology3. Executive Summary4. Network Automation Market Insights4.1 Network Automation Market Overview4.2 Porter’s Five Forces Analysis4.2.1 Bargaining Power of Suppliers4.2.2 Bargaining Power of Consumers4.2.3 Threat of New Entrants4.2.4 Threat of Substitute Products and Services4.2.5 Competitive Rivalry in the Industry4.3 Industry Value Chain Analysis4.4 Industry Policies4.5 Technology Snapshot5. Network Automation Market Dynamics5.1 Network Automation Market Drivers5.1.1 Increasing Demand of Data Centre Network5.1.2 Rising Trend of Smart Connected Devices5.1.3 Rising Demand in the Virtual Network Infrastructure5.2 Network Automation Market Restraints5.2.1 Increasing Security Vulnerability5.2.2 Lack of Skilled Professional Across Industries5.2.3 Huge Initial Cost Involvement5.3 Network Automation Market Opportunities5.3.1 Rising Demand in Cloud Based Adoption5.3.2 Increasing Application of IoT based Product Across Multiple Industry6. Global Network Automation Market Segmentation6.1 Network Automation Market By Type6.1.1 Network Type6.1.1.1 Physical6.1.1.2 Virtual6.1.1.3 Hybrid6.1.2 Service Type6.1.2.1 Professional6.1.2.2 Managed6.1.3 Solution Type6.1.3.1 Network Automation Tools6.1.3.2 SD-WAN and Network Virtualization6.1.3.3 Intent-Based Networking6.2 Network Automation Market By Deployment Model6.2.1 On-premise6.2.2 Cloud-based6.2.3 Hybrid6.3 Network Automation Market By End-User Industry6.3.1 IT and Telecommunication6.3.2 Manufacturing6.3.3 Energy and Utility6.3.4 Banking and Financial Services6.3.5 Education6.3.6 Others (Broadcast and Media, Healthcare, Defense)6.4 Network Automation Market By Region6.4.1 North America6.4.2 Europe6.4.3 Asia-Pacific6.4.4 Latin America6.4.5 Middle-East and Africa7. Competitive Intelligence – Company Profiles7.1 Cisco System, Inc.7.2 Juniper Networks, Inc.7.3 IBM Corporation7.4 Hewlett Packard Enterprise Development LP7.5 SolarWinds Inc.7.6 Network Automation, Inc.7.7 Micro Focus International PLC7.8 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 Analysis9. Future of Global Network Automation MarketAnd Continued…

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