Connect with us

Technology

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

Published

on

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. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 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.

Discover how AI is revolutionizing market trends- Get your access now!

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.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/network-automation-market-to-grow-by-usd-46-61-billion-2024-2028-rising-industry-adoption-drives-growth-with-ai-redefining-the-market-landscape—technavio-302318426.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Pillsbury Notice of Data Breach

Published

on

By

NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

View original content to download multimedia:https://www.prnewswire.com/news-releases/pillsbury-notice-of-data-breach-302828892.html

SOURCE Pillsbury Winthrop Shaw Pittman LLP

Continue Reading

Technology

From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

Published

on

By

SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.
 

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-remote-racing-to-embodied-ai-fibocom-and-intedigo-bring-5g-bidirectional-data-transmission-into-real-world-applications-302828996.html

SOURCE Fibocom Wireless Inc.

Continue Reading

Technology

DR. PHONE FIX ANNOUNCES SECOND TRANCHE CLOSING OF NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING

Published

on

By

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

EDMONTON, AB, July 18, 2026 /CNW/ — Dr. Phone Fix Canada Corporation (“Dr. Phone Fix” or the “Company”) (TSXV: DPF) is pleased to announce that, further to its news release dated May 19, 2026 and June 24, 2026 (the “Prior News Releases”), it has closed the second tranche of its non-brokered private placement (the “Offering”) of convertible debenture units of the Company (each, a “Unit”). The Company issued 726 Units, at a price of $1,000 per Unit, for aggregate gross proceeds of $726,000. Each Unit is comprised of (i) one $1,000 principal amount unsecured convertible debenture of the Company (a “Convertible Debenture”) and (ii) 3,125 common share (“Common Share”) purchase warrants of the Company (each, a “Warrant”). Additional detail on the Offering, including terms of the Convertible Debentures and Warrants, is set out in the Prior News Releases.

In connection with the Offering, the Company paid a finder’s fee consisting of an aggregate cash fee of $50,820 and issued an aggregate of 317,625 common share purchase warrants of the Company (each, a “Finder’s Warrant”) to certain qualified arm’s length parties. Each Finder’s Warrant is exercisable to acquire one Common Share of the Company at an exercise price of $0.22 prior to the date that is 24 months from the date of issuance.

All securities issued pursuant to the Offering, including any Common Shares issuable upon conversion of the Convertible Debentures or exercise of the Warrants and Finder’s Warrants, are subject to a statutory hold period of four months and one day from the closing of the Offering, in accordance with applicable securities laws and TSX Venture Exchange (the “TSXV”) policies. 

The Offering remains subject to final acceptance of the TSXV.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About Dr. Phone Fix

Dr. Phone Fix is a national, award-winning, eco-friendly, and customer-centric leader in Canada’s cell phone and electronics repair and certified pre-owned device industry. Founded in 2019, the Company now operates 44 retail locations nationwide through a standardized and scalable operating platform designed to support consistent execution across multiple markets, delivering fast, reliable, and environmentally conscious repair services alongside a curated selection of certified pre-owned devices and premium accessories. Dr. Phone Fix maintains strong partnerships with OEMs and certified suppliers, ensuring consistently high-quality standards across its national footprint. With a focus on responsible device lifecycle management, customer service, and operational discipline, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

www.docphonefix.com

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Forward-Looking Information and Cautionary Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the final acceptance of the Offering by the TSXV; and the expected use of proceeds following the closing of the Offering. Forward-looking information in this news release is based on certain assumptions and expected future events, namely: the Company’s financial condition and development plans do not change as a result of unforeseen events; the TSXV will provide its final acceptance of the Offering; and the Company will be able to obtain the financing required in order to develop and continue its business and operations. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to obtain TSXV final acceptance for the Offering; the potential failure to complete the balance of the Offering or to raise the full anticipated gross proceeds; market conditions and investor demand for the Company’s securities; the Company’s inability to deploy the proceeds as currently intended; and general economic and market conditions. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

 

SOURCE Dr. Phone Fix

Continue Reading

Trending