Network automation refers to the process of using software to automate the managing, testing, and operating of physical and virtual devices. It utilizes various solutions and services, such as virtualization, network automation tools, internet-based networking, and managed services. Network automation also uses programmable logic to manage network resources and services, which, in turn, aids in maximizing the functionality and efficiency of the network. These tools enable basic network mapping, device discovery, and complex workflows, such as provisioning of virtual network resources and network configuration management. Apart from this, it assists in eliminating manual tasks, gaining network visibility, building a reliable network, enhancing operational speed, and analyzing and resolving issues. As a result, network automation is widely used across various industries, such as healthcare, information technology (IT) and telecommunication, and banking, financial services, and insurance (BFSI).
The global network automation market reached a value of US$ 13.85 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 48.19 Billion by 2027 exhibiting a CAGR of 21.50% during 2022-2027. The v for the market. Network automation assists in simplifying and scaling network operations by minimizing configuration errors. In line with this, the rising concerns in cloud security is further facilitating the demand for network automation across organizations to reduce the risks of data thefts and increase the degree of customization.
Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML), to enhance troubleshooting and identify inefficiencies and irregularities through real-time data monitoring, are providing an impetus to the market growth. Additionally, the increasing demand for high-resolution and quality videos due to the growing popularity of over-the-top (OTT) platforms is positively impacting the market growth. Network automation assists in predicting the network demand by analyzing failures to enhance its effective use and reduce operational costs. Other factors, including a shift towards remote working solutions and increasing research and development (R&D) activities, are anticipated to drive the market further toward growth.
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Global Information, Inc. [JASDAQ 4171]
Toll Free (US): +1-866-353-3335
Outside US: +1-860-674-8796
Europe (Belgium): +32-2-535-7543