Technology

Autonomous Networks Market worth $17.5 billion by 2029- Exclusive Report by MarketsandMarkets™

Published

2 years ago

May 31, 2024

CHICAGO, May 31, 2024 /PRNewswire/ — The market for autonomous networks will be defined in the future by the incorporation of cutting-edge technology, support for newly developing network requirements, improved security, operational effectiveness, and an emphasis on sustainability and user experience. Autonomous networks will continue to expand and change due to these dynamics, becoming an essential component of contemporary digital infrastructure.

The Autonomous Networks Market is expected to reach USD 17.5 billion by 2029 from USD 7.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Autonomous Networks Market”

150 – Tables
50 – Figures
250 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2018-2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

Value (USD) Billion

Segments Covered

By Offering (Solutions, Services), and End-user (Service Providers, Verticals)

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Companies covered

Ericsson (Sweden), Nokia (Finland), NEC Corporation (Japan), Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise (US), Cisco Systems (US), IBM Corporation (US), Ciena (US), Extreme Networks (US), Arista Networks (US), Broadcom (US), ZTE Corporation (China), Allied Telesis (Japan), Logic Monitor (US), SolarWinds Worldwide (US), BMC Software (US), Drivenets (Israel), Versa Networks (US), Arrcus (US), Intraway (Argentina), Augtera (US), Auvik Networks (Canada), Infovista (France), and Innovile (Turkey).

The Autonomous Networks Market is undergoing significant transformation due to advancements in AI and ML, the rollout of 5G technology, and the increasing demand for high-speed, reliable internet connectivity. Additionally, the growing need for enhanced network security and the expansion of IoT devices drive the adoption of autonomous network solutions for better performance, efficiency, and resilience. This market is divided into segments based on different aspects, such as the type of offering and end users. Offering ranges from essential solutions such as AI networking, AIOPS, Network Management Tools, and other solutions along with various services such as consulting, system integration, & deployment, support & maintenance. End Users include both service providers and verticals such as hospitality, education, government, healthcare, transportation and logistics, and other verticals. These segments collectively offer a comprehensive overview of the evolving autonomous networks landscape and its potential business implications.

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“Based on end users, service providers segment to hold the largest market size during the forecast period.”

Within the Autonomous Networks Market, the service providers segment is estimated to capture the largest market size throughout the forecast period of 2024-2029. Service providers are at the forefront of adopting cutting-edge technologies to enhance their network efficiency and reliability, and autonomous networks offer a compelling solution to meet these evolving needs. The increasing demand for seamless connectivity, driven by the spread of IoT devices and the growing popularity of bandwidth-intensive applications, compels service providers to invest in autonomous network solutions to ensure uninterrupted service delivery. Additionally, the rising complexities in network management and operations necessitate deploying autonomous systems to streamline processes and reduce operational costs. Moreover, regulatory mandates and industry standards emphasizing network optimization and security further incentivize service providers to integrate autonomous capabilities into their infrastructure. Overall, the service providers’ segment is set to lead the Autonomous Networks Market as organizations prioritize agility, scalability, and innovation to stay competitive in the digital landscape.

“Based on offering, the services segment is expected to hold a higher growth rate during the forecast period.”

In the forecast period of 2024-2029, the services segment within the Autonomous Networks Market is anticipated to experience notable growth. As companies increasingly adopt autonomous network solutions, there will be a growing demand for specialized expertise to guide them through the implementation process. Consulting services will be crucial in advising businesses on the most effective strategies to integrate autonomous network technologies into their existing infrastructure. Additionally, as these technologies become more sophisticated, there will be a heightened need for ongoing support and maintenance to ensure optimal performance and reliability. Support & maintenance services will thus be in high demand for timely assistance and troubleshooting. Moreover, the complexity of deploying autonomous network solutions requires expert aid in seamlessly integrating them into diverse IT environments. System Integration & deployment services will, therefore, see increased demand as businesses seek to minimize disruptions and maximize the efficiency of their autonomous network deployments.

“Asia Pacific is expected to hold a higher growth rate during the forecast period.”

The Asia Pacific region is expected to achieve a higher growth rate in the Autonomous Networks Market from 2024 to 2029 due to several compelling factors. The region’s rapid technological advancements and extensive adoption of 5G technology provide a strong foundation for autonomous network implementations. Additionally, Asia Pacific is home to some of the world’s largest and most densely populated countries, leading to a high demand for efficient and scalable network solutions to support the number of connected devices and users. The presence of major technology companies and innovative startups in countries such as China, Japan, and South Korea further accelerates the development and deployment of autonomous network technologies. Moreover, supportive government policies and significant investments in digital infrastructure across the region enhance the growth prospects of the Autonomous Networks Market. Lastly, the increasing emphasis on smart cities and digital transformation initiatives drives the need for advanced network solutions supporting complex and diverse applications.

Top Key Companies in Autonomous Networks Market:

The major vendors covered in the Autonomous Networks Market are Ericsson (Sweden), Nokia (Finland), NEC Corporation (Japan), Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise (US), Cisco Systems (US), IBM Corporation (US), Ciena (US), Extreme Networks (US), Arista Networks (US), Broadcom (US), ZTE Corporation (China), Allied Telesis (Japan), Logic Monitor (US), SolarWinds Worldwide(US), BMC Software (US), Drivenets (Israel), Versa Networks (US), Arrcus (US), Intraway (Argentina), Augtera (US), Auvik Networks (Canada), Infovista (France), and Innovile (Turkey). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Autonomous Networks Market.

Recent Development

In December 2023, Ericsson and AT&T collaborated in an industry-defining roughly USD 14 billion five-year network transformation and digitalization strategic agreement to pioneer the path to programmable and intelligent networks of the future.

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Autonomous Networks Market Advantages:

Through real-time modifications and self-optimization, autonomous networks optimise resource allocation and consumption, lowering latency and enhancing overall network performance.Autonomous networks save operating costs by automating common network administration chores. Predictive maintenance can help minimise downtime and lessen the need for manual interventions.As network usage increases, these networks can adapt dynamically to different traffic loads and service needs, guaranteeing reliable performance and high-quality service.Artificial intelligence (AI) and machine learning are used by autonomous networks to anticipate and avert possible faults, improving reliability and guaranteeing increased network availability and uptime.Network interruptions are lessened when problems are automatically detected and resolved, which results in faster reaction times and a shorter mean time to repair (MTTR).Advanced security features found in autonomous networks can identify and address threats in real-time, offering strong defence against cyberattacks and guaranteeing data integrity and privacy.Network administrators may more easily supervise and manage network operations, even in expansive and complicated environments, thanks to automation, which makes complex network administration duties simpler.With the flexibility to accommodate new and developing applications, autonomous networks facilitate the deployment and management of cutting-edge services like edge computing, 5G, and the Internet of Things.

Report Objectives

To determine and forecast the global Autonomous Networks Market based on offering, end-user, and region from 2024 to 2029, and analyze the various macro and microeconomic factors that affect the market growthTo forecast the size of the market segments with respect to five key regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA)To provide detailed information related to the major factors (drivers, opportunities, and challenges) influencing the growth of the Autonomous Networks MarketTo analyze each submarket with respect to the individual growth trends, prospects, and contributions to the total Autonomous Networks MarketTo analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Autonomous Networks MarketTo profile the key market players comprising top vendors and startups, provide comparative analysis based on business overviews, regional presence, product offerings, business strategies, and key financials, and illustrate the competitive landscapeTo track and analyze competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research & Development (R&D) activities, in the market.

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Technology

Zum Celebrates Its Drivers Nationwide As Back-to-School Season Gets Underway

Published

2 minutes ago

September 3, 2026

Drivers in Fresno, Rockford and other cities share why they’re excited about the 2026–27 school year

REDWOOD CITY, Calif., Sept. 2, 2026 /PRNewswire/ — Zūm, a leader in student mobility, is kicking off the 2026–27 school year by spotlighting its drivers across the country dedicated to delivering reliable, transparent and efficient service for students, families and schools.

“As students return to school, we are proud of our amazing teams of drivers who are helping provide access to education for children and peace of mind for families each day,” said Ritu Narayan, Founder and CEO of Zum. “Drivers are the heart of our operation and often the first smiling face a child sees. They understand the importance of their work and we believe ours have a positive influence on the students they serve.”

Zum supports more than 6,500 schools across 19 states. This year, Zum welcomed several new school district partners, including Fresno Unified School District (CA), School District of Philadelphia (PA), Shawnee Mission School District (KS) and Rockford Public Schools (IL).

A few Zum drivers share why they enjoy working with students and families:

“I drive special needs students: elementary, middle and high school. The parents are great; they need a lot of help, and we provide it with door-to-door service. The training was excellent, and I work with a monitor who has been doing this for about 10 years, so I’ve learned a lot from him. Everything’s been inspiring—and at the end of the day, you feel good about yourself, because you’re helping all these kids.”
— Zum driver Chester Herbert (Rockford, IL)

“I like the atmosphere of the job: the co-workers, the staff, the children, the overall experience of delivering the kids every day to school safely. I also like the responsibility of it. I’ve definitely gotten to know some of the kids and have been building little bonds with them. I like driving and being a good part of the community.”
— Zum driver Antoine Robinson (Oakland, CA)

“I raised five kids and have 14 grandkids, so I’m always surrounded by children. I like greeting the kids in the morning and talking to them: ‘What did you do last night?’ ‘What did you have for dinner?’ They’ll tell me about Grandma and Grandpa, or Mom and Dad … At Zum, there’s a bunch of drivers, and we’re all a team, helping each other. Everybody’s dedicated to doing their job the best they can.”
— Zum driver Grace Maher (Fresno, CA)

“My job is so fulfilling. My first ‘Oh, wow!’ was the technology; my tablet tells me exactly where to go. Also, the buses are very important: We have brand new buses, EV buses, buses that have AC. I am a people person, and to make (the students) feel good, I try to know every single kid by name. You make them feel valuable, like you care. Then we start having conversations, and they are at peace when they see me.”
— Zum driver Pascale Dalle (Oakland and Redwood City, CA)

“This is my first year driving a school bus. I have six kids at home, so now I’m home early enough to spend more time with them. In this job, you’re working with kids. You have to be patient. Even my wife was like, ‘Oh, that would be perfect for you.’ I love going to work and the people I work around, and I love being able to be home on the weekends with my family.”
— Zum driver Juan Santillan (Fresno, CA)

At Zum, drivers benefit from modern facilities, digital tools, real-time communication, and technology that simplifies daily operations, allowing them to focus on what matters most: serving students safely and reliably.

“Zum has a driver-first approach to student mobility, and our drivers understand the essential role they play in families’ lives,” said Liz Sanchez, Executive Vice President of Student Mobility at Zum. “In the weeks and months leading up to the start of the school year, our drivers have been busy training and preparing so they’ll be ready for the first day.”

Zum is helping school districts improve reliability, strengthen communication with families and modernize one of the nation’s largest public mobility systems through its AI-powered Connected Mobility Experience (CMX™) platform. To learn more about how Zum is redefining student mobility, visit www.ridezum.com.

About Zum

Zum is redefining mass mobility with Zum CMX, which connects and coordinates people, vehicles, and operations in real time. In the student mobility market, Zum is addressing a daily source of anxiety and disruption by providing a reliable, transparent, and efficient mobility experience for students and families. Learn more at www.ridezum.com. Today, more than 6,500 schools in 19 states have relied on the Zum CMX system.

Media Contact

Jenny Mayfield
VP, Communications, Zum
press@ridezum.com

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SOURCE Zūm

Technology

UNISORB Welcomes BILZ-USA to Expand Engineering and Product Solutions

Published

1 hour ago

September 2, 2026

UNISORB Named Sole North American Distributor for BILZ

MICHIGAN CENTER, Mich., Sept. 2, 2026 /PRNewswire/ — UNISORB Installation Solutions, a global provider of machine mounting, vibration isolation, and precision leveling solutions headquartered in Michigan Center, Mich., today announced it has acquired BILZ-USA, effective August 30, 2026, making UNISORB the exclusive distributor of BILZ products across North America. The transition expands UNISORB’s engineering support and on-site project management capabilities for industrial customers seeking precision vibration isolation and leveling solutions. Full product and service details are available at www.UNISORB.com.

UNISORB is now the exclusive North American distributor of BILZ products.

“BILZ’s leveling and isolation technology closes a gap in our product line at the high-precision end of the market,” said John Hornberger, Chief Executive Officer of UNISORB. “Combining our installation and project management teams with BILZ’s engineering staff means customers get one point of contact for a project that used to require two vendors.”

What This Means for Customers

Decades of combined expertise. BILZ’s engineering staff join UNISORB’s engineering and project management teams, giving customers a single technical team backed by decades of hands-on experience in vibration isolation, leveling, and precision installation.A broader, unified product line. UNISORB’s lineup now spans BILZ’s full catalog, from basic leveling mounts to active isolation systems, alongside UNISORB’s existing machine mounting and installation solutions, giving customers access to a significantly wider range of solutions from a single source.More capability for BILZ customers. Longtime BILZ customers now gain direct access to UNISORB’s full engineering, manufacturing, and on-site project management resources; capabilities not previously available through BILZ alone.A unified approach to installation. Customers receive continuous support from initial site survey through final leveling and installation, managed by one team rather than coordinated separately across two vendors.Centralized North American distribution. Distribution from Michigan Center will consolidate logistics for customers ordering across North America as the transition is completed.One point of contact. BILZ orders will transition to being placed directly through UNISORB in the coming weeks, moving away from what was previously a two-vendor process for combined leveling and isolation projects.

About UNISORB

UNISORB Installation Solutions, headquartered in Michigan Center, Michigan, is a global provider of machine mounting, vibration isolation, and precision equipment leveling solutions for manufacturers across a range of industrial sectors. More information is available at www.UNISORB.com.

Media Contact

John Hornberger

Chief Executive Officer, UNISORB

jhornberger@unisorb.com

Tim Spahr
Vice President – Sales & Marketing
tspahr@unisorb.com

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SOURCE UNISORB Installation Solutions

Technology

Eliminate costly enclosures: ABB debuts IP66/Type 4X Drives for Australia’s harshest industrial environments

Published

1 hour ago

September 2, 2026

New ACS580, ACH580 and ACQ580 IP66/Type 4X drives support food and beverage, HVACR, manufacturing, and water and wastewater applications exposed to harsh environmental conditions.

MELBOURNE, Australia, Sept. 3, 2026 /PRNewswire/ — ABB has introduced ACS580, ACH580 and ACQ580 drives with IP66/Type 4X protection, extending the range of motor control solutions available for applications operating in demanding environmental conditions. The new drives are designed for installations where motor control equipment may be exposed to dust, water, humidity, outdoor weather and other harsh conditions, providing greater flexibility when considering drive selection, installation design and equipment location.

Tailored for different industry requirements

The three drive families are designed to address the specific requirements of different industries and applications:

ACS580 IP66/Type 4X drives are designed for demanding food and beverage environments, supporting motor-driven applications including pumps, fans, compressors, mixers and conveyors operating across wet, washdown, indoor and outdoor production environments.ACH580 IP66/Type 4X drives are designed specifically for HVACR applications, supporting equipment operating in exposed and outdoor locations, including rooftop air handling units, cooling towers, exterior exhaust fans, outdoor pump skids and outdoor chiller units.ACQ580 IP66/Type 4X drives are designed for water and wastewater environments, supporting a broad range of applications including clarifiers, surface aerators, screens, flocculators, dosing systems, activated sludge pumps, lift stations and booster stations.

Many Australian facilities operate in environments that present challenging conditions for installed electrical equipment. The IP66/Type 4X design provides greater flexibility to locate drives closer to the application, where appropriate for the installation.

By reducing the need for additional protective enclosures or dedicated electrical rooms and enabling shorter motor cable runs, this approach can reduce site installation costs and complexity. It can also support faster installation and commissioning and a smaller overall system footprint.

The drives incorporate a range of built-in features designed to support installation, operation and integration, including coated circuit boards, integrated EMC C2 filtering, a built-in DC choke for harmonic mitigation, and Safe Torque Off (STO). The design also provides option slots for additional I/O and fieldbus communications, enabling the drives to be configured for different application requirements.

Optional Bluetooth-enabled control panels further support commissioning and interaction with the drives. When used with ABB’s Drivetune mobile application, Bluetooth connectivity provides a convenient way to access and work with drive settings. ABB’s drive software and connectivity tools can also support commissioning and diagnostic activities.

ABB is also highlighting the importance of distinguishing ingress protection ratings from other environmental performance characteristics when selecting equipment for demanding applications.

In Australia, an IP66 rating relates specifically to the enclosure’s protection against the ingress of dust and water, in accordance with AS/NZS 60529 and IEC 60529. The first digit, 6, denotes a dust-tight enclosure, while the second 6 denotes protection against powerful water jets.

Environmental characteristics such as UV, corrosion and chemical resistance should therefore be considered separately from the IP66 classification and assessed against the specifications and testing applicable to the individual product. This distinction is particularly relevant for equipment installed in outdoor, coastal, washdown or chemically exposed environments. ABB, for example, separately identifies corrosion, UV and chemical-resistance characteristics for its ACS580 IP66/Type 4X drive rather than treating these as properties conferred by the IP66 rating itself.

The ACS580, ACH580 and ACQ580 IP66/Type 4X drive range is available in power ratings from 5.5 kW to 22 kW, providing a solution for applications where protection against dust ingress and water exposure is an important consideration in the selection, installation and operation of variable speed drives.

Learn more: https://www.youtube.com/watch?v=9nCWb7g-MGI

About ABB
ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 110,000 talented employees in over 100 countries.

ABB Drives is a global technology leader serving industries, infrastructure and machine builders with world-class variable speed drives, drive systems and packages. We help our customers, partners and equipment manufacturers to improve energy efficiency, asset reliability, productivity, safety and performance.

Media Contact:
Natalie Landrito
Marketing and Communications Manager
contact.centre@au.abb.com

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SOURCE ABB