20th April 2023
Network automation and orchestration is the process of automating the configuration, management, and provisioning of network devices and services using software and programming. It involves using tools and techniques to simplify and streamline network operations, reducing manual effort, and increasing efficiency. They are critical components in modern network management, particularly as networks become more complex and distributed. It enables network administrators to automate routine tasks, such as deploying new network devices, managing network configurations, and monitoring network performance, freeing up time to focus on more complex tasks that require human expertise.
An increasing trend in utilizing software-defined networking ad network functions virtualization since they allow the organization to virtualize and automate network functions as well as support regulating and scaling up the network systems. Hence, it is crucial in managing complex network architectures. Further, the end-user industries are picking up the cloud services that could be managed and optimized through an automation orchestration process. In addition to that, these networks become more complex and distributed, network administrators need to manage an increasing number of devices and services. This created a huge demand for Network automation and orchestration services that could help to simplify network operations and reduce the manual effort required to manage these networks. It eventually grows the Network Automation and Orchestration in the next coming years.
The Global Network Automation & Orchestration Market has reached a value of $15.82 billion in 2022. This market is projected to grow from $18.9 billion in 2023 to $68.4 billion in 2030 with a CAGR 0f 20.1% in the forecast period of 2023-2030. This market is estimated based on different key pointers that attribute to the growth which are network types including Physical, Virtual, Hybrid, solution types such as Network Automation Tools, SD-WAN and Network Virtualization, Intent-based Networking, service types including Managed Service, Professional Service, deployment involving Cloud, On-Premise, Hybrid, and end-user industry such as IT & Telecom, Manufacturing, Energy & Utility, Banking & Financial Services, Education, others. The prominent companies are Fujitsu, Samsung, Netcracker, ADVA, Amdocs, Juniper Networks, ADTRAN, Ericsson, and Nokia involved in providing services in Network automation and orchestration.
The Virtual Network System segment of the Network Automation & Orchestration Market plays a great role in driving the market to a high level. Since they support enhancing network agility, lowering operational costs, greater flexibility, improving network performance, and network security. Further, they provide the tools which are necessary to regulate the complex network environment more efficiently. In virtual network systems, software-defined networking and network functions virtualization aid the growth of the network automation & orchestration market in the upcoming years.
The European region has shown a huge market share for Network Automation & Orchestration compared to other regions. Due to the presence of well-established and advanced telecommunication infrastructure, along with that, they have a high penetration of broadband and 4G/LTE networks. All these are critical for the deployment of network automation and orchestration solutions. Further, the government itself provides support to the adaptation of these network systems. For instance, European Commission's Horizon 2020 program provides funding for research and innovation in advanced networking technologies, including network automation and orchestration.
Europe is the region that has accommodated with leading players in Network Automation and orchestration services such as Microfocus International PLC, Nokia Communications, Ericsson, and Entuity Network Management. ?This opens up a rapid transformation in the digital sector that could improve operational efficiency, reduce costs, and enhance the customer experience. Overall, the enhancement in the areas of telecommunications, digital transformation, and network security improvement leading the network automation & orchestration market to the next level in the coming years as predicted.
Globally, this market faces a huge upliftment that attributes to the emergence of connected devices, hybrid working places, and adaptation to 5G-driven technologies. Companies that are dwelling on giving efficient services in the network automation & orchestration segment should deploy easy-to-use solutions that allow the organization to quickly adapt to these network systems. Further, they should invest in research and development to stay ahead of the curve on emerging network automation and orchestration technologies. This will help to ensure that they are able to meet the evolving needs of their customers and remain competitive in the market. Finally, prioritizing the focus on the growing demand as mentioned with respect to the client’s need would aid in reaching the network automation & orchestration market to a greater place in the coming years as expected in the forecast period.