Outlook on the Network Automation Global Market to 2027 – Impact Analysis of COVID-19>
Globe Newswire
Dublin, Jan. 13, 2021 (GLOBE NEWSWIRE) — The “Network Automation – Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com’s offering. According to this report, the Global Network Automation market accounted for $2.36 billion in 2019 and is expected to reach $12.14 billion by 2027 growing at a CAGR of 22.7% during the forecast period. Some of the key factors propelling market growth include an increasing network traffic and cloud infrastructure leading to a significant transition in data centers, rising adoption of virtual and software-defined infrastructure, surge in human error rates in manual systems causing network downtime, and increasing adoption of automation technologies such as AI and machine learning. However, availability of open-source automation tools is restraining market growth.
Link: https://www.globenewswire.com/news-release/2021/01/13/2157691/0/en/Outlook-on-the-Network-Automation-Global-Market-to-2027-Impact-Analysis-of-COVID-19.html