Global Network Automation Market worth US$ 10.89 Billion in 2019 with a CAGR of 19.60 %.

The report "Global Network Automation Market, By Network Type (Physical, Virtual, and Hybrid), By Type (Network Automation Tools, SD-WAN and Network Virtualization, and Intent-based Networking), By Service Type (Managed and Professional), By Deployment (Cloud, On-premise, and Hybrid), By End- User Industry (IT and Telecom, Manufacturing, Energy and Utility, Banking and Financial Services, Education, and Other End-user Industries), and Region - Global Forecast to 2030" Global network automation market is projected to grow up to US $ 10.89 billion in 2019. The rise in demand for the data centre network drives the growth of the global market. Additionally, the increasing trend of connected devices such as mobile, smartphones, iPod, laptop, and tablets which is the propelling factor for the growth of the target market. Moreover, increasing the need for the fastest network for better connectivity is another fueling factor for the growth of the target market. For instance, Oracle declared the acquisition of the SD-WAN specialist, Talari Networks. Besides this, it plans to improve customer application experience and enhance WAN security.

Key Highlights:

  • In 2018, Cisco Systems Inc. and the government of Portugal have declared that the digitization of the country’s systems has to be accelerated. Both the entities will be in collaboration for the next two years.

Key Market Insights from the report:        

The global network automation market accounted for US $ 10.89 billion in 2019 and is projected to register a moderate CAGR of 19.60% over the forecast period. The market report has been segmented based on network type, type, service type, deployment, end-user industry, and region.

  • By network type, the global network automation market is segmented into the physical, virtual, and hybrid
  • By type, the target market is segmented into network automation tools, SD-WAN and network virtualization, and intent-based networking
  • By service type, the global market is classified into managed and professional
  • By deployment, the target market is bifurcated into the cloud, on-premise, and hybrid
  • By the end-user industry, the global market is sub-segmented into IT and telecom, manufacturing, energy and utility, banking and financial services, education, and other end-user industries
  • By region, The North America region is dominating the target market and largest share is taken by the United- States due to emergence of the trending technologies such as cloud networking, network analysis, and virtualization. Asia- Pacific region is anticipated to dominate the global market during the forecast period due to an increase in investment for the adoption of the 5G network.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Network Automation Market, By Network Type (Physical, Virtual, and Hybrid), By Type (Network Automation Tools, SD-WAN and Network Virtualization, and Intent-based Networking), By Service Type (Managed and Professional), By Deployment (Cloud, On-premise, and Hybrid), By End- User Industry (IT and Telecom, Manufacturing, Energy and Utility, Banking and Financial Services, Education, and Other End-user Industries), and by Region – global forecast till 2030

To know the upcoming trends and insights prevalent in this market, click the link below:

Links:-

https://prophecymarketinsights.com/market_insight/Global-Network-Automation-Market-By-3999

The prominent player operating in the global network automation market includes Cisco System Inc., Juniper Networks Inc., IBM Corporation, Hewlett Packard Enterprise Development LP, SolarWinds Inc., Network Automation Inc., Micro Focus International PLC, NetBrain Technologies Inc., Apstra Inc., and Arista Networks Inc. 

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions. Development Company that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Contact Us:

Sales

Prophecy Market Insights

Email- sales@prophecymarketinsights.com

Comments

Post a Comment

Popular posts from this blog

Stock Music Market is estimated to be US$ 2.9 billion by 2032; Rise in Individual Content Creators to Fuel Market Growth

Image
  Music has become incredibly important as it elevates mood, helps in reducing stress, relieves symptoms of depression, and also helps in stimulating memories. Stock music is less expensive and has two types: royalty-free stock music, which is of lower costs and covers ongoing royalties and can be used on Facebook, YouTube videos, brand-sponsored content, and Instagram.  The growing adoption of digital technologies with newly launched music platforms has contributed to market growth. High demand for smartphones and the internet has enabled stock music to reach a global market or audience by making it easier to access music for content creators from different cultural backgrounds and regions, which is expected to fruitful the demand for  Stock Music Market  growth.  The report  “ Stock Music Market, By Type (Licensed Stock Music and Royalty-free Stock Music), By Application (Advertising, Gaming, Film Soundtracks, Television & Radio Broadcasts, and Others), By End-Users (Small &a
Read more

Human Machine Interface Market is estimated to be US$ 11.54 billion by 2030 and is anticipated to register a CAGR of 9.8%.

Image
  The report  " Human Machine Interface Market,   By Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI), By Configuration Type (Stand-Alone HMI and Embedded HMI), By End User (Process Industries and Discrete Industries) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)  - Global Forecast to 2029" .  The Human Machine Interface Market size is projected to grow from US$ 3.85 billion in 2018 to US$ 9.48 billion by 2028. The global human machine interface market is expected to register lucrative growth over the forecast period. This is attributed growing need for monitoring of production and responding to the changing demands through enhanced diagnostics is expected to drive the human machine interface market. Furthermore, development in wireless technology have open-up a new avenues for the human machine interface market. Moreover, the technologies li
Read more

Data Analytics Outsourcing Market is estimated to be US$ 19.35 billion by 2030 with a CAGR of 22.1% during the forecast period

Image
  Data Analytics Outsourcing Market accounted for US$ 2.6 billion in 2020 and is estimated to be US$ 19.35 billion by 2030 and is anticipated to register a CAGR of 22.1%  Data analytics outsourcing is a partnership model in which a corporation entrusts its data to a service provider in exchange for intelligent reporting. At the same time, the supplier handles infrastructure setup and support, as well as data management and analysis .   To arrive at a final conclusion, data is extracted and categorised in order to recognise and evaluate data trends. Data analytics outsourcing refers to the acquisition of data analytics services such as data science, data visualisation, data management, and statistical research in order to improve operational efficiency and meet high revenue goals. The report   "  Global Data Analytics Outsourcing Market, By Type (Business Analytics Outsourcing, CRM Analytics Outsourcing, Supply Chain Analytics Outsourcing, Risk Analytics Outsourcing, and Others),
Read more