The network automation market projected to grow at a Compound Annual Growth Rate (CAGR) of 48.7%

LONDON, Jan. 5, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5246310


The global network automation market size is expected to grow from USD 2.32 billion in 2017 to USD 16.89 billion by 2022, at a CAGR of 48.7% during the forecast period. The growing adoption of smart connected devices across all industry verticals and of virtual and software-defined network infrastructure, and network downtime caused by human errors are major factors driving the network automation market.

Human error is one of the biggest and most important reasons driving the demand for network automation solutions. However, availability of open-source automation solutions is anticipated to be a major restraining factor for the market growth

The intent-based networking segment is expected to grow at the highest CAGR during the forecast period
Intent-based networking offers enhanced access control, scalability, security, and multi-vendor device management in an enterprise network. The intent-based networking takes business policy as its inputs, converts the requirement to a network configuration, and generates a network design. The system is capable of taking action dynamically, enforce the intent in real time by rerouting traffic, blocking malware traffic, or modifying capacity. Intent-based networking is a nascent technology which is believed to help improve network availability and agility (two major concerns for modern day enterprises)

Physical network infrastructure and automation segment is expected to hold the largest market size in the network automation market during the forecast period
The physical network configuration and automation segment is based on the requirement and need to enable the setup and configuration, patching, rollout and rollback, resource use, and change history of the physical network infrastructure. These solutions capture data and dependency information into the snapshots that let network administrators to establish configuration baselines and gold standard for continuous change tracking and to detect configuration drifts in multivendor network devices

North America is expected to hold the largest market size, and Asia-Pacific (AAC) is projected to grow at the highest CAGR during the forecast period

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