PUBLISHER: KBV Research | PRODUCT CODE: 1616633
PUBLISHER: KBV Research | PRODUCT CODE: 1616633
The Europe Network Automation Market would witness market growth of 21.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Network Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,238.1 million by 2031. The UK market is registering a CAGR of 20.9% during (2024 - 2031). Additionally, The France market would witness a CAGR of 22.9% during (2024 - 2031).
Automation plays a crucial role in network monitoring, helping organizations track and analyze network performance in real-time. Automated network management solutions can detect performance issues, such as bandwidth congestion, latency, or security threats, and alert administrators when intervention is required. These systems can also trigger automatic responses to correct issues without manual intervention.
As cyber threats become more sophisticated, network security is a growing concern. Automation allows for real-time threat detection, vulnerability scanning, and policy enforcement. Tools can automatically detect and mitigate security risks such as unauthorized access attempts or malicious traffic patterns, reducing the need for constant manual oversight. Automated security systems can also facilitate compliance with regulatory standards by ensuring that security protocols are continuously updated and applied.
Adopting network automation is a critical component of their operational strategy for large businesses in the EU, which are already more digitally mature. With a high percentage of these enterprises already reaching very high and high digital intensity, automation technologies are essential for managing the complexity of their network environments. Large businesses are leveraging automation to manage their expansive IT infrastructure, enhance the security of their networks, optimize bandwidth usage, and improve network reliability. As digital transformation accelerates, large enterprises will continue to rely on automation to meet the growing demands of their digital operations, which further drives the growth of the network automation market. Hence, the increasing digital intensity across businesses in the EU, especially among large enterprises and SMEs, presents significant opportunities for the network automation market.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Network Automation Market Report Segmentation
By Enterprise Size
By Component
By Infrastructure
By Deployment
By Vertical
By Country