Network Automation Market Size, Share, Global Growth Rate Trends, Business Results, and Predictions through 2028

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Market Size – USD 3.04 Billion in 2020, Market Growth – at a CAGR of 23.7%, Market Trend – Technological advancements in network automation

The most recent report from Emergen Research, "World Network Automation Market," was painstakingly created with the reader's comprehension in mind. It includes a comprehensive database of industry distribution. The study examines past and current market conditions to forecast the Network Automation market's prospects for the near future (2021-2028). The factors influencing the market's overall expansion were the main focus of the researchers' in-depth examination of the global market. The research employs potent analytical techniques like SWOT analysis and Porter's Five Forces to analyse the strengths, weaknesses, opportunities, and threats connected to the expansion of various market segments.

The global network automation market is expected to reach a value of USD 16.77 Billion in 2028, at a rapid revenue CAGR of 23.7%, according to a latest analysis by Emergen Research. Rapid growth of the market can be attributed to rise in the usage of connected devices, along with rapid and continuous innovations and technological advancements in the field of network automation. Rising demand for efficient and robust automated solutions is also playing a major role in market development.

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Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Network Automation market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Network Automation market and pinpoint the fundamental growth trends. 

The leading market contenders listed in the report are:

6Connect, Inc., Anuta Networks International, LLC, AppViewX, Inc., Apstra, Inc., Arista Networks, Inc., Cisco Systems Inc., Cumulus Networks Inc., Fujitsu Ltd, HCL Technologies, IBM Corporation, VMware Inc

Global Network Automation Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • RD Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales distribution channels

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East Africa
  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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Key Highlights of the Report

  • In January 2021, Ericsson launched 5G RAN to boost their 5G business growth. The purpose of this launch is to support business models and strengthen network slicing capabilities.
  • In February 2021, VMware and Accenture entered into a partnership to create a new business group, in order to help and encourage organizations to accelerate their transition to a faster cloud strategy.
  • The vitual segment is expected to register a high revenue growth rate in the global network automation markert during the forecast period, owing to increasing adoption of virtual network systems due to their ability to access computer devices or servers remotely.
  • North America accounted for largest revenue share in the global market in 2020 and is expected to register a rapid revenue growth rate over the forecast period, which can be attributed to the presence of a large number of startups in the region. Moreover, major market players in the region are establishing partnerships to increase their customer base, which is expected to have a positive impact on growth of the North America market.

Market Overview:

The report bifurcates the Network Automation market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Network Type Outlook (Revenue, USD Billion; 2018–2028)
    • Physical
    • Virtual
    • Hybrid
  • Solution Outlook (Revenue, USD Billion; 2018–2028)
    • Network Automation Tools
    • SD-WAN and Network Virtualization
    • Intent-based Networking
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • IT and Telecom
    • Manufacturing
    • Energy and Utility
    • Banking and Financial Services
    • Education

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Key reasons to buy the Global Network Automation Market report:

  1. The latest report comprehensively studies the global Network Automation market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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