Global Network Automation Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Network Automation Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Network Automation Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Network Automation Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The method in which software automatically configures, provisions, manages, and test network devices is called as network automation. Enterprises uses it for improving efficiency and reduce human errors and operating expenses. There are number of tools of network automation which supports various functions ranging from basic network mapping and device discovery, to more complex workflows.
There is tremendous increase in the adoption of smart devices which leads to the growth of the market. Other driving factor responsible for the market growth includes network downtime caused through human errors, increasing adoption of virtual and software-defined networking infrastructure.
There are some elements which can hamper the growth of the market such as open source automation solutions hampering the demand for commercial solutions. The opportunity which can strengthen the market growth includes adoption of advanced networking solutions and proper investment in R&D. There are various challenges the market has to face such as lack of awareness among the network administrator.
Key Question Answered:
What will be the market size in 2025 and at what rate it will grow?
Who are the major key players in global network automation market and what are their strategies?
Which vertical industry is expected to show major growth?
What segment and region will lead the market and why?
The major companies profiled in the report include: Cisco, Juniper Networks, IBM, Micro Focus, NetBrain Technologies, SolarWinds, Riverbed Technology, BMC Software, Apstra, BlueCat , Entuity, and Veriflow.
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