What Insights Does The Network Automation Market Size Analysis Reveal?
The network automation market size has experienced exponential growth in recent times, reaching $8.93 billion in 2024 and expected to rise to $11 billion in 2025, marking an impressive compound annual growth rate (CAGR) of 23.1%. This growth can be attributed to increased data traffic, demand for operational efficiency, cost reduction initiatives, vendor-agnostic solutions, and an increase in network complexity.
Further, this market is expected to witness an even steeper growth in the coming years, with projections estimating it to grow to $29.3 billion by 2029 at a substantial compound annual growth rate (CAGR) of 27.8%. The rapid growth in the forecast period is primarily due to an increased focus on self-healing networks, zero trust security models, containerization and microservices, network-as-a-service (NaaS) models, and compliance and regulation requirements. Major trends fuelling this growth include ai-driven automation, edge computing growth, ai and ml integration, hybrid and multi-cloud environments, and network slicing for customization.
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What Are Key Drivers Impacting Network Automation Market Growth?
The surging adoption of cloud-based services is a key driver for the network automation market. Network automation establishes consistent infrastructure and operations, reducing labor while promoting productivity gains and operational efficiency. As companies increasingly shift towards cloud-based applications or tools, an automated platform is required for smooth deployment and operations, as well as policy-based distribution, application lifecycle management, and more. According to a survey by Cloud247 Research in 2022, over 60% of companies plan to employ cloud computing in the next 18 months, and more than 45% of the surveyed companies had already transitioned to cloud IT infrastructure. This growing tendency towards cloud-based services is expected to further escalate the demand for network automation in the forecast period.
What Are The Major Segments Of The Network Automation Market?
The network automation market covered in this report includes the following segments:
1) Solution Type: Network Automation Tools, SD-WAN And Network Virtualization, Intent-Based Networking
2) Component: Solution, Services
3) Deployment Mode: On-premises, Cloud
4) Industry Vertical: IT And Telecom, BFSI, Manufacturing, Healthcare, Energy And Utilities, Education, Other Industry Verticals
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Who Are Major Players In The Network Automation Market?
Major companies operating in the network automation market include Cisco Systems Inc., Juniper Networks Inc., NetBrain Technologies Inc., Forward Networks Inc., SolarWinds Inc., Apstra Inc., BlueCat Networks Inc., Entuity Ltd., Veriflow Systems Inc., Riverbed Technology Inc., Itential LLC, Volta Networks Inc., Sedona Systems Ltd., Kentik Inc., NetYCE B. V., Versa Networks Inc., AppViewX Inc., 128 Technology Inc., Anuta Networks Inc., IBM Corporation, Hewlett Packard Enterprise Development LP, Fujitsu Limited, Network Automation Inc., Micro Focus International PLC, Arista Networks Inc., Extreme Networks Inc., BMC Software Inc., SaltStack Inc., BackBox Software Ltd., HCL Technologies Limited, NVIDIA Corporation, Intraway Corporation.
What Are The Upcoming Trends In The Network Automation Market?
Major players in the network automation industry are focusing on developing technology advancements such as Networking Cloud Platform to enhance network management, improve scalability, and streamline operations through automation.
Which Regions Are Poised For The Fastest Growth In The Network Automation Market?
North America was the leading region in the network automation market in 2024. However, Asia-Pacific is projected to experience the highest growth rate during the forecast period.
What Does The Network Automation Market Report 2025 Offer?
The Network Automation Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Network automation refers to a software that automates the network and security provisioning and management to maximize the network efficiency and functionality. Network automation software predicts the efficient way to map, configure, provision, and manage networks, and increases the speed of application development.
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