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The publisher brings years of research experience to the 9th edition of this report. The 178-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Network Automation Market to Reach US$59.4 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Network Automation estimated at US$4.9 Billion in the year 2020, is projected to reach a revised size of US$59.4 Billion by 2027, growing at a CAGR of 43% over the analysis period 2020-2027.
Network Automation Tool, one of the segments analyzed in the report, is projected to grow at a 39.5% CAGR to reach US$26 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the SD-WAN segment is readjusted to a revised 42.3% CAGR for the next 7-year period. Thi
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$4.9 Billion Worldwide Network Automation Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
January 22, 2021 GMT
The publisher brings years of research experience to the 9th edition of this report. The 178-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
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Global Network Automation Market to Reach US$59.4 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Network Automation estimated at US$4.9 Billion in the year 2020, is projected to reach a revised size of US$59.4 Billion by 2027, growing at a CAGR of 43% over the analysis period 2020-2027.
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According to this report, the Global Network Automation market accounted for $2.36 billion in 2019 and is expected to reach $12.14 billion by 2027 growing at a CAGR of 22.7% during the forecast period. Some of the key factors propelling market growth include an increasing network traffic and cloud infrastructure leading to a significant transition in data centers, rising adoption of virtual and software-defined infrastructure, surge in human error rates in manual systems causing network downtime, and increasing adoption of automation technologies such as AI and machine learning. However, availability of open-source automation tools is restraining market growth.
Outlook on the Network Automation Global Market to 2027 - Impact Analysis of COVID-19
January 13, 2021 05:43 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
ResearchAndMarkets.com s offering. According to this report, the Global Network Automation market accounted for $2.36 billion in 2019 and is expected to reach $12.14 billion by 2027 growing at a CAGR of 22.7% during the forecast period. Some of the key factors propelling market growth include an increasing network traffic and cloud infrastructure leading to a significant transition in data centers, rising adoption of virtual and software-defined infrastructure, surge in human error rates in manual systems causing network downtime, and increasing adoption of automation technologies such as AI and machine learning. However, availability of open-source automation tools is restraining market growth.