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Premium Report Details
Base Year: 2021
Companies covered: 29
Tables & Figures: 494
Countries covered: 19
Pages: 300
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Network Automation Market
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Network Automation Market Size
Network Automation Market size exceeded USD 5 billion in 2021 and is estimated to grow at nearly 30% CAGR between 2022 and 2028.
Increasing need for network bandwidth, visibility, and adoption of connected devices is likely to drive the industry growth. Telecom operators and managed service providers use network automation technology to reduce the Mean Time To Repair (MTTR), avoid SLA violations, and maximize visibility to improve uptime. Furthermore, the adoption of SD-WAN infrastructure and increased network downtime due to errors will drive the market demand. The increase in demand for virtualization technology is supporting the market revenue.
The COVID-19 restrictions around the globe resulted in an upsurge in work-from-home across various industry verticals. This growing work-from-home trend resulted in the increasing demand for strong network for data transitions.