PUBLISHER: KBV Research | PRODUCT CODE: 1616632
PUBLISHER: KBV Research | PRODUCT CODE: 1616632
The North America Network Automation Market would witness market growth of 21.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Network Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,514.4 million by 2031. The Canada market is expected to witness a CAGR of 24.1% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 23.1% during (2024 - 2031).
Network automation uses technology to configure, manage, and operate networks with minimal human intervention. This process is pivotal in enabling organizations to streamline their network operations, enhance efficiency, improve security, and reduce operational costs. The network automation market encompasses many tools, technologies, and applications and has witnessed significant growth and transformation in response to these trends.
In addition, network automation finds applications across various industries and sectors as organizations of all sizes strive to automate and optimize their network functions. Automating the configuration of devices, software, and networks is one of the foundational applications of network automation. Configuration management tools help network administrators define and enforce configurations across all devices on the network, ensuring consistency, reducing errors, and improving operational efficiency. With automated configuration management, network teams can push out updates, patches, and configuration changes to large numbers of devices simultaneously, making the process faster and more reliable.
Network automation is crucial in supporting the infrastructure required for these digital healthcare advancements. Automated network solutions enable healthcare providers to manage large volumes of sensitive data securely and efficiently, ensuring seamless connectivity for remote consultations, data sharing, and patient monitoring. The scale of the Canadian government's investment will likely drive the adoption of automation technologies to ensure that healthcare networks remain resilient, responsive, and scalable as the sector expands and integrates new technologies. In conclusion, the rising factors in Mexico's telecommunications and Canada's healthcare investment will substantially accelerate the demand for network automation solutions.
Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Component, the market is segmented into Solution (SD-Wan and Network Virtualization Tools, Intent-Based Networking Solutions/Platforms, Configuration Management Tools, and Other Solution Type) and Services (Advisory, Analytics & Automation Services, Deployment & Integration Services, and Training Services). Based on Infrastructure, the market is segmented into Physical, Virtual, and Hybrid. Based on Deployment, the market is segmented into On-Premises and Cloud. Based on Vertical, the market is segmented into IT & Telecommunications, BFSI, Retail, Healthcare, Manufacturing, Government, Media & Entertainment, Education, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Network Automation Market Report Segmentation
By Enterprise Size
By Component
By Infrastructure
By Deployment
By Vertical
By Country