Network automation is paving the way for self-driving networks by automating repetitive tasks and streamlining operations. Network automation helps align network capabilities with business objectives through easy provisioning and centralized management of networking components. It provides visibility and control over the network with advanced analytics and dashboard views. With network automation tools and platforms, IT teams can spin up new services faster, troubleshoot issues quickly, and ensure optimum network performance.
The Global Network Automation Market is estimated to be valued at US$ 25.54 Bn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024 to 2030.
Network automation minimizes manual errors, saves time and reduces costs associated with network infrastructure and operation tasks. It brings agility, scalability and reduces downtime by automating day to day tasks as well as incident and problem resolutions. With complex networks and evolving business needs, there is a growing demand for automation solutions that can handle high volume of operations seamlessly.
Key players operating in the Global Network Automation market are Pfizer Inc., AstraZeneca plc, F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Boehringer Ingelheim GMBH, Novartis AG, Bristol-Myers Squibb Company, and Merck & Co., Inc. These leading players are investing in development of advanced automation platforms and tools.
The growing complexity of networks due to hybrid infrastructure models, virtualization, micro-segmentation and software-defined networking has increased the need for network automation. Automation solutions help reduce risks of failure and ensure smoother roll out of new services.
Global Network Automation Market Size is witnessing considerable expansion in North America and Asia Pacific region. Many large enterprises as well as small and medium businesses are adopting automation to streamline their networking operations and strengthen security posture. Growing infrastructure investments in emerging economies will further drive the adoption of network automation solutions.
Market key trends
One of the key trends in network automation market is intent-based networking. Intent-based networking provides networking teams the capability to define business-level networking policies. It then automatically configures the underlying network to fulfill the business intent. This facilitates transformation to autonomous networks through AI and machine learning. Intent-based approaches help reduce errors, accelerate service delivery and optimize networking experience as business needs evolve over time.
Porter’s Analysis
Threat of new entrants: Low start-up costs for software solutions pose a moderate threat. Bargaining power of buyers: Large network operators wield strong bargaining power due to high volume purchases. Bargaining power of suppliers: Few global players control the market giving them significant bargaining power. Threat of new substitutes: Ongoing innovation in AI and other adjacent technologies may pose a future threat. Competitive rivalry: Intense rivalry exists between major players for market share and technological superiority.
Geographical regions where market is concentrated: Currently North America holds the largest market share primarily due to heavy IT investments and early adoption of advanced network technologies in the region. With over 40% share of the global market, North America is expected to continue dominating network automation revenues over the forecast period.
Fastest growing region for the market: Asia Pacific is anticipated to register the fastest growth during 2024-2030. This can be attributed to rapidly expanding mobile and internet subscriber base, heavy investments in digital transformation by telecom operators, and government initiatives to develop smart infrastructure across developing nations such as India and China. Strong economic growth, favorable policies, and the massive scale of upcoming digital projects make Asia Pacific extremely attractive for network automation vendors.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it