Zero Touch Provisioning Market
Overview and Scope
Zero-touch provisioning (ZTP) is a method of automating network devices and infrastructure deployment and configuration without requiring manual intervention or human interaction. This method simplifies and accelerates network infrastructure deployment by automating the configuration process, reducing manual errors, and improving operational efficiency.
Sizing and Forecast
The zero touch provisioning market size has grown rapidly in recent years. It will grow from $3.51 billion in 2023 to $4.10 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to rising adoption of smart devices, growing number of connected consumer devices, rising adoption of industrial internet of things, increased demand for connected devices, growth in internet of things devices.
The zero touch provisioning market size is expected to see rapid growth in the next few years. It will grow to $7.70 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to integration of artificial intelligence and machine learning technologies, expansion of the internet of things and efficient device onboarding, increasing demand for faster network provisioning and scalability, rising adoption of cloud-based services and virtualization technologies, growing complexity of network infrastructures. Major trends in the forecast period include standardization and interoperability, cloud native provisioning, expansion into new verticals, self-healing and autonomous operations, ecosystem collaboration and partnerships.
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Segmentation & Regional Insights
The zero touch provisioning market covered in this report is segmented –
1) By Component: Platform, Services
2) By Network Complexity: Multi-Vendor Environment, Complex Network Architecture, Dynamic Network Environment
3) By Device Type: Routers, Switches, Access Points, Firewalls, Internet Of Things Devices, Other Device Types
4) By Enterprise Size: Large Enterprises, Small And Medium Enterprises
4) By Industry: Information Technology And Telecommunications, Manufacturing, Healthcare, Retail, Other Industries
Asia-Pacific was the largest region in the zero touch provisioning market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the zero touch provisioning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Increasing deployment of 5G networks is expected to propel the growth of the zero-touch provisioning market going forward. 5G refers to the fifth generation of wireless cellular technology and provides better capacity, more reliable connections, and faster upload and download rates than earlier networks. The deployment of 5G networks is driven by the demand for faster data speeds, lower latency, and support for a vast array of connected devices. 5G networks enable zero-touch provisioning, streamlining device setup and management remotely with enhanced speed and efficiency. For instance, in September 2023, according to 5G Americas, a US-based industry trade organization, North America had 151 million 5G connections and 496 million LTE connections in the 2nd quarter of 2023 and is expected to reach 669 million by 2028. Therefore, the increasing deployment of 5G networks is driving the growth of the zero-touch provisioning market.
Key Industry Players
Major companies operating in the zero touch provisioning market are China Mobile Communication Corporation, Verizon Communications Inc., Huawei Technologies Co Ltd., Hewlett Packard Enterprise Development LP, Cisco Systems Inc., Qualcomm Technologies Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, ZTE Corporation, Reliance Jio Infocomm Ltd., Juniper Networks Inc., Arista Networks Inc., Emirates Integrated Telecommunications Company P.J.S.C., Extreme Networks Inc., NetBrain Technologies Inc., Indonet, Itential LLC, Parallel Wireless Inc., BlueCat Networks Inc., Anuta Networks International LLC, Entuity Limited, Apstra Inc., Riverbed Technology LLC, Trace3 Inc
The zero touch provisioning market report table of contents includes:
1. Executive Summary
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