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Self-healing networks market share from the solution component segment is anticipated to record over 25% CAGR between 2023 to 2032. A self-healing network solution is used to capture data and dependency information in snapshots. These solutions are implemented by distributed communication protocols that utilize redundant links to enhance the connectivity of network systems. It also allows network administrators to set configuration baselines and standards for continuous change tracking and detect configuration mismatches in network devices from various vendors.
Network configuration and provisioning application held over 15% share of the self-healing networks market in the year 2022. Self-healing networks are used in network deployment as it focuses on device and identity management as well as improve connectivity and security. The use of automated provisioning and control platform can reduce network complexity and integrate the complete provisioning process, including Dynamic Host Configuration Protocol, IP address allocation, and Domain Name System (DNS) configuration.
Self-healing network from the telecom end-use segment is forecasted to reach over USD 1 billion by 2032. Self-healing networks are largely used in the telecommunications sector to handle increased loads and exponential growth. Employees have shifted their patterns of work, rest, communication, and shopping into existing routines, resulting in severe strain on communication networks.
Companies in the telecom sector are using self-healing techniques to optimize their networks. For instance, in March 2023, HCLSoftware announced the expansion of its partnership with SolarWinds to build an end-to-end 5G network observability platform that uses the former’s Augmented Network Automation (HCL ANA) platform that automatically monitors real-time, cross-domain data to forecast, configure, and optimize hybrid networks using AI-based self-healing techniques.
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North America self-healing market was valued at over USD 300 million in 2022 and is expected to grow during the forecast years 2023 to 2032. Prompt adoption of new and innovative technologies, exponential growth in data generated by IT & network equipment, and stringent laws and regulations regarding network data security are some of the factors that will facilitate regional market growth. Innate investments in technologies such as AI, IoT, ML, and big data should further bolster the development of self-healing networks in North America.