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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.

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