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Network Automation Market to Grow by USD 46.61 Billion (2024-2028), Rising Industry Adoption Drives Growth, with AI Redefining the Market Landscape – Technavio

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NEW YORK, Nov. 28, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global network automation market size is estimated to grow by USD 46.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 21.48% during the forecast period. Increasing demand for network automation in various industries is driving market growth, with a trend towards use of ai with network automation. However, increased risk related to data security and privacy poses a challenge. Key market players include Anuta Networks International LLC, AppViewX Inc., Arista Networks Inc., Backbox Software Ltd., BlueAlly, BlueCat Networks Inc., BMC Software Inc., Cisco Systems Inc., HCL Technologies Ltd., International Business Machines Corp., Itential Inc., Juniper Networks Inc., Kentik Inc., NetBrain Technologies Inc., NetYCE BV, OpenText Corp., Palo Alto Networks Inc., SolarWinds Corp., Versa Networks Inc., and VMware Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Network Automation Market Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 21.48%

Market growth 2024-2028

USD 46613.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

17.41

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, China, Canada, UK, and Germany

Key companies profiled

Anuta Networks International LLC, AppViewX Inc., Arista Networks Inc., Backbox Software Ltd., BlueAlly, BlueCat Networks Inc., BMC Software Inc., Cisco Systems Inc., HCL Technologies Ltd., International Business Machines Corp., Itential Inc., Juniper Networks Inc., Kentik Inc., NetBrain Technologies Inc., NetYCE BV, OpenText Corp., Palo Alto Networks Inc., SolarWinds Corp., Versa Networks Inc., and VMware Inc.

Market Driver

Network automation is a hot trend in IT, with businesses in various sectors, including healthcare, energy and utilities, and telecommunications, increasingly adopting this technology to manage their data center infrastructure. Network virtualization, a key component of network automation, enables the creation of virtual networks, improving efficiency and reducing costs. Artificial intelligence (AI) and machine learning (ML) are transforming network management, enabling predictive analysis and automated response to security threats and performance issues. Networking companies are developing AI-powered configuration management tools to help large enterprises and SMEs manage their switches and routers more effectively. The growing demand for SD WAN, IoT products, and 5G technology is driving the need for more bandwidth networks and advanced networking technologies. Businesses are also looking for solutions to address security concerns in their enterprise networks. The networking solutions market is segmented into cloud and on-premises, with cloud segment expected to grow due to the increasing adoption of cloud services. Standardization and automation are key trends in networking technologies, with open source projects gaining popularity. Entuity Network Management is one such solution that offers network architectures, management tools, and performance and capacity monitoring. CSPs are also investing in network functions virtualization to improve their offerings and meet the demands of digital transformation. 

In today’s business landscape, digital transformation is a key priority for organizations to link structures and boost enterprise revenue streams. Industries such as banking, finance, IT, and manufacturing are investing in real-time solutions and AI technologies to gain a competitive edge. Advanced Business Intelligence (BI) is in high demand as companies seek to centralize their business operations and data. AI offers significant technological advances, including virtual agents and chatbots, targeted advertising, and voice recognition, to name a few. These tools provide valuable insights and automate processes, enabling businesses to make informed decisions and improve efficiency. The adoption of AI also allows for the analysis of large amounts of data, leading to new opportunities for innovation and growth. In summary, AI is a game-changer for businesses looking to streamline operations, enhance customer experiences, and stay ahead of the competition. 

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 Market Challenges

In today’s fast-paced business world, IT departments face numerous challenges in managing complex network infrastructures. Network automation is a key solution, enabling large enterprises and SMEs to streamline operations and reduce costs. However, implementing network automation and network virtualization in data centers requires overcoming hurdles such as integrating with existing IT systems, ensuring security, and managing complex configurations. Networking technologies like switches and routers, SD WAN, and configuration management tools are essential for automation. Businesses in sectors like healthcare, energy and utilities, and telecommunications are increasingly adopting network automation to meet growing bandwidth demands and secure their networks against security threats. Artificial intelligence (AI) and machine learning (ML) are transforming network management, offering predictive analytics and automating repetitive tasks. Edge computing, 5G technology, and open source projects are also driving innovation. However, standardization and automation remain key challenges for networking companies. The network automation market is segmented into solutions and cloud segments, with solutions focusing on performance, capacity, and security concerns. Management and security solutions are in high demand due to increasing internet traffic and lockdown measures driving remote work. Network functions virtualization and digital transformation are also major trends. CSPs are investing in virtualization and automation to enhance network architectures and meet business demands.Cloud-based network automation software streamlines marketing operations by managing content creation and maintenance across multiple platforms. This includes copy, videos, images, and other assets. The convenience and cost-effectiveness of hosting information on the cloud make it accessible to a wider audience. However, security and reliability are crucial concerns for organizations before transferring sensitive data to the cloud. The dependence on cloud computing service providers increases with the adoption of cloud-based network automation software. While the benefits are significant, potential risks such as data leakage must be carefully managed to maintain data security and integrity.

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Segment Overview 

This network automation market report extensively covers market segmentation by

Component 1.1 Solutions1.2 ServicesDeployment 2.1 On-premise2.2 CloudGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Solutions- Network automation market encompasses various ways to automate network components using either command line automation or automation software. Basic automation involves using standard CLI commands and chaining events with bash operators or shell scripts. Alternatively, automation software integrates network tasks into pre-built programs, allowing users to select, schedule, and execute them from a front-end application. For instance, Red Hat Ansible Automation Platform offers playbooks for automating network configuration, security, orchestration, and more, across providers like AWS, Microsoft, and Cisco. Such solutions contribute to the growth of the network automation market through the solutions segment during the forecast period.

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Research Analysis

Network automation is a critical aspect of modern Information Technology (IT), enabling the management and configuration of complex network infrastructure with minimal human intervention. It encompasses network virtualization, which allows the creation and management of virtual networks, and is increasingly being adopted in various sectors, including data centers, healthcare, energy and utilities, and telecommunications. Network automation leverages advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) to optimize network performance, ensure security, and adapt to changing business demands. The adoption of network automation is driven by the increasing complexity of IT infrastructure, in Internet traffic due to remote work and IoT products, and the need for efficient bandwidth networks. Edge computing and switches and routers also play a crucial role in network automation by enabling decentralized processing and improving network agility.

Market Research Overview

Network automation is a critical aspect of modern Information Technology (IT), enabling the use of artificial intelligence (AI) and machine learning (ML) to manage and optimize network infrastructure. This includes network virtualization in data centers, SD WAN, switches, and routers, as business demands for increased bandwidth, security, and digital transformation continue to grow. The Networking industry is witnessing significant changes with the adoption of AI and ML for network management and security, especially in sectors like healthcare, energy and utilities, and telecommunications. Networking companies are focusing on solutions segment and cloud segment to provide advanced networking technologies, including network functions virtualization, open source projects, and 5G technology. Enterprises of all sizes, from large corporations to Small and Medium Enterprises (SMEs), are adopting network automation to enhance performance, capacity, and standardization. The increasing use of IoT products, edge computing, and the need for secure bandwidth networks have further fueled the demand for networking solutions. Lockdown measures have accelerated the adoption of network automation, as remote work and virtual collaboration have become the new norm. Networking solutions are also addressing security concerns, such as configuration management tools and threat detection, to ensure secure and reliable network operations. Overall, network automation is a key driver for digital transformation, enabling enterprises to optimize their network infrastructure, enhance security, and improve overall network performance.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSolutionsServicesDeploymentOn-premiseCloudGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Wondershare Demonstrates AI-Powered Document Workflows with PDFelement at Microsoft AI Tour Hong Kong

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HONG KONG, April 23, 2026 /PRNewswire/ — Wondershare, a global leader in digital productivity and creativity software, showcased its latest AI-powered solutions at the Microsoft AI Tour Hong Kong, highlighting how its flagship product, Wondershare PDFelement, integrates with Microsoft technologies to enable smarter, more secure, and more efficient document workflows for enterprises.

As Microsoft’s flagship global AI event, the Microsoft AI Tour brings together partners and industry leaders to explore how AI is transforming business operations. At the Hong Kong stop, Wondershare demonstrated its deep collaboration with Microsoft across key solution areas, showcasing how its product ecosystem aligns with Microsoft technologies to deliver integrated, end-to-end AI workflows.

At the center of the showcase was Wondershare PDFelement, an AI-powered, all-in-one PDF solution designed to streamline document-centric processes in enterprise environments. Through deep integration with the Microsoft ecosystem, PDFelement enables seamless interoperability with widely used applications such as Word, Excel, and PowerPoint, allowing users to convert PDFs into fully editable formats while preserving original layout and structure. With built-in Office plugins, users can also generate standardized PDFs directly within Microsoft applications. PDFelement further supports deployment in Microsoft Azure environments, enabling Single Sign-On (SSO) for streamlined access management, while maintaining compatibility with Microsoft Rights Management Services (RMS) to securely manage protected documents.

Beyond its ecosystem integration, PDFelement also introduces a suite of AI-powered capabilities to enhance productivity across document workflows. Smart Redact enables automatic detection and masking of over 70 types of sensitive data to support compliance requirements, while Professional AI Translation delivers accurate, industry-specific language output for cross-border collaboration. The Admin Console provides enterprise-grade centralized access and permission control, allowing IT teams to manage AI, cloud, and eSign features with real-time visibility into license usage. At the event, attendees can also experience a range of enhanced AI features, including AI Summarize, Chat with PDF, AI Translate, AI Detect and Rewrite, as well as AI Proofread, Voice, Explain, Grammar Check, and Mind Map Generation.

In addition to PDFelement, Wondershare also showcased how its broader product portfolio integrates with Microsoft technologies. EdrawMax offers full compatibility with Microsoft Visio through bidirectional .vsdx import and export, along with Office add-ins, OLE embedding, and data-driven diagram generation from Excel, while also featuring AI-powered capabilities such as the Edraw Agent, natural language-driven diagram generation, and text-to-diagram conversion across platforms. EdrawMind enables one-click conversion of mind maps into PowerPoint and supports intelligent analysis of Office documents to generate structured knowledge frameworks, alongside AI features including webpage summarization, node-based note generation, and AI-powered search. Filmora is optimized for the Windows AI PC ecosystem, leveraging on-device NPU acceleration for AI-powered video processing, supporting Windows on Arm, and enabling natural language interaction with RAG-based asset matching, while also incorporating AI Extend, AI Portrait, and Smart Cutout. Reelmate provides an AI-powered, agent-driven platform covering the full content production pipeline from generation to post-production for creating premium comic series.

Through live demonstrations, attendees were able to experience how Wondershare’s AI-powered solutions can be applied across real-world enterprise scenarios, from document processing and knowledge management to visual communication and content creation. The showcase attracted strong interest from professionals across industries such as finance, education, information technology, and telecommunications, particularly around capabilities related to document security, automation, and cross-language collaboration.

Wondershare’s participation in the Microsoft AI Tour Hong Kong highlights its continued commitment to advancing practical AI adoption through deep ecosystem integration. By combining AI capabilities with seamless compatibility across Microsoft technologies, Wondershare is helping enterprises build more secure, connected, and efficient workflows for the future.

About Wondershare:

Wondershare is a globally recognized software company founded in 2003, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified”, Wondershare offers a range of tools, including PDFelement for document management; EdrawMax, EdrawMind for diagraming, Filmora and SelfyzAI for video editing. With over 2 billion cumulative active users across all products and a presence in over 200 countries and regions, Wondershare empowers the next generation of creators with intuitive software and trendy creative resources, continually expanding the possibilities of creativity worldwide.

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SOURCE Wondershare Technology

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TCL Solar Highlights Groundbreaking Solar Products at Korea Green Energy Expo 2026

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Booth No: K-450

DAEGU, South Korea, April 23, 2026 /PRNewswire/ — TCL Solar is currently exhibiting its latest photovoltaic solutions at the Korea Green Energy Expo, reinforcing its commitment to advancing South Korea’s renewable energy market. As South Korea is poised to become a key global player in the solar energy sector, the country is on track to achieve a cumulative installed solar capacity of 55.7GW by 2030, with over 5GW set to be installed annually. Among the growing demand, distributed and floating photovoltaic systems are driving significant market expansion.

TCL Solar is actively supporting South Korea’s renewable energy goals by offering high-efficiency, reliable solar modules and localized services that are integral to helping the country meet its solar installation targets and accelerate its transition to sustainable energy.

TCL Solar is showcasing its T5 Pro TOPCon Multi-Cut Product, which utilizes advanced TOPCon technology with overlapping cell architecture, offering a maximum power output of up to 670W、755W. This cutting-edge solution represents the pinnacle of high-efficiency solar energy.

Additionally, the C2 BC Module, powered by Back Contact technology, delivers significantly higher energy yields, making it perfect for complex applications with high BOS costs, low ground reflectivity, limited land availability, partial shadow scenarios, or aesthetic requirements.

The BC module with its no busbar design and no front metal lines present a more visually appealing aesthetic, meeting Korean architectural requirements. Offering a power output 20W higher than TOPCon modules, it also maintains significantly better hot spot resistance and a degradation rate of just 0.35%.

Additionally, the company introduced the lightweight modules (5.4kg/m², reducing weight by 49%) that are particularly suitable for low-load rooftops of aging factories in Korea.

Besides, the company proudly congratulate Prana Solution Co., Ltd. on winning the 2025 TCL Solar Top Sales Award on site. This remarkable achievement highlights the strong partnership between Prana Solution and TCL Solar, built on a shared commitment to innovation and sustainable energy.

Backed by TCL Zhonghuan’s (TCL Solar parent company) advanced manufacturing capabilities including the launch of the industry’s first 4.0 silicon wafer factory in 2020, TCL Solar guarantees excellent quality and technical support. TCL Solar will continue to collaborate with local partners to help South Korea achieve its renewable energy goals, while advancing its global expansion through partnership with the Korean market for mutual growth.

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SOURCE TCL Solar

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BCG Reports $14.4 Billion in Revenue, Marking 22nd Consecutive Year of Growth

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Tech- and AI-Focused Services Now Represent More than 40% of Total RevenueBCG Grew to 33,500 Employees

BOSTON, April 23, 2026 /PRNewswire/ — Boston Consulting Group (BCG) has reported 7% global revenue growth, rising to $14.4 billion in 2025 from $13.5 billion in 2024, marking its 22nd consecutive year of growth. The firm expanded across all regions, reflecting client demand globally for large-scale transformation and applied AI impact.

Growth in 2025 was driven by clients seeking to harness technology and AI, pursue new avenues of growth, achieve cost excellence, and redesign their organizations for sustained results. AI- and tech-focused services now represent over 40% of BCG’s total revenue, driven by 25% year-over-year growth in AI services. BCG’s applied AI approach, embedding technology in real business operations at enterprise scale, enabled exponential impact for clients including IBM, Reckitt, and Foxconn.

“Our growth reflects the ambition of our clients and the dedication of our teams,” said Christoph Schweizer, BCG’s CEO. “We partner with leaders at defining moments to navigate uncertainty, embrace AI, and turn strategy into sustained advantage. As AI reshapes business, it is also reshaping how we operate as a firm. AI is now woven into every offering, client relationship, and daily case team experience to drive transformation and multiply impact for our clients.”

Building Up BCG’s Team to Deliver Transformational Results
BCG continued to expand its global talent base in 2025, growing its workforce to 33,500 employees. The firm added AI engineers, data scientists, IT architects, and deep-industry specialists, while continuing to develop its consulting teams to lead complex end-to-end transformations.

AI upskilling efforts have further accelerated across the firm, equipping teams to combine human judgment with AI-powered tools. BCG employees now use AI tools daily, with nearly 4,000 BCG employees actively developing and scaling AI workflows through advanced coding and automation. LinkedIn’s AI Talent Maturity Index places BCG’s workforce as leaders in the industry.

“Our people are at the center of our performance,” Schweizer said. “Their judgment, empathy, and ability to combine applied AI with strategic clarity are what enable us to deliver lasting impact for clients.”

Serving Clients in an Applied AI World
As AI reshapes industries, BCG is embedding AI directly into how it designs and delivers client solutions. Over the past year, the firm has reimagined its offerings by integrating AI into core consulting workflows—embedding proprietary knowledge, data, and proven delivery approaches into reusable, human-led agentic processes that accelerate impact.

Through BCG X, the firm builds bespoke AI solutions where differentiation matters most, deploying industry-specific platforms such as Auto AI, Retail AI, and Deep Customer Engagement AI directly into client systems. In 2025, BCG launched the BCG X AI Science Institute to advance frontier applications across industries, strengthening its work at the intersection of science, technology, and business transformation. BCG also serves as an ecosystem orchestrator working to deliver integrated solutions in collaboration with its tech alliance partners.

To best serve clients, BCG remains a leader in developing and using AI in a manner that is secure, responsible, and trusted by clients, partners, and regulators. BCG was among the first 100 organizations globally, and the only premium consulting firm, certified for ISO/IEC 42001 International Standard for AI Management Systems.

Media Contact:
Brian Bannister
Bannister.Brian@bcg.com

About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

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SOURCE Boston Consulting Group (BCG)

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