Autonomous Networks Market

Autonomous Networks Market Size and Share: Comprehensive Analysis and Insights

The global Autonomous Networks Market is expected to grow from USD 7.0 billion in 2024 to USD 17.5 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 20.1%.

Advancements in AI and machine learning algorithms are driving continued growth in the autonomous networks market, allowing for more efficient network management, enhanced security protocols, and scalability to meet the growing demands of interconnected devices and applications. Furthermore, the increasing complexity of networks, combined with the need for real-time decision-making, is driving the adoption of autonomous network solutions by businesses and service providers.

Autonomous Networks Market is poised for substantial growth in the coming years, driven by several key factors:

  • Increased demand for efficient network management
  • Rising adoption of AI and machine learning technologies
  • Growing need for network scalability and flexibility
  • Proliferation of IoT devices
  • Expansion of 5G networks
  • Increasing network traffic and complexity
  • Rising cybersecurity threats
  • Advancements in network automation tools
  • Demand for reduced operational costs
  • Enhanced customer experience requirements

To know about the assumptions considered for the study download the pdf brochure

Increased demand for efficient network management:

  • Organizations are seeking solutions that simplify and optimize network operations, leading to the adoption of autonomous networks which can self-manage, self-configure, and self-optimize.

Rising adoption of AI and machine learning technologies:

  • AI and ML are crucial for the functioning of autonomous networks, enabling predictive analysis, anomaly detection, and automated decision-making processes that improve network performance and reliability.

Growing need for network scalability and flexibility:

  • As businesses expand and adopt new technologies, there is a pressing need for networks that can scale seamlessly and adapt to varying demands without extensive manual intervention.

Proliferation of IoT devices:

  • The explosion of IoT devices is increasing network complexity and data traffic, necessitating autonomous networks that can manage and secure these devices efficiently and effectively.

Expansion of 5G networks:

  • The deployment of 5G networks, which require sophisticated, high-speed, and low-latency connectivity, is driving the adoption of autonomous networks to manage and optimize these next-generation networks.

Increasing network traffic and complexity:

  • With the continuous growth of data and network users, managing network traffic is becoming more complex, pushing organizations towards autonomous solutions that can handle these complexities with minimal human intervention.

Rising cybersecurity threats:

  • Autonomous networks are equipped with advanced security features that can automatically detect and mitigate cyber threats, providing a higher level of security in an era of increasing cyber attacks.

Advancements in network automation tools:

  • Continuous innovations and improvements in network automation tools are facilitating the development and deployment of autonomous networks, making them more accessible and efficient.

Demand for reduced operational costs:

  • Autonomous networks can significantly reduce operational costs by automating routine tasks, minimizing the need for manual intervention, and reducing the likelihood of human error.

Enhanced customer experience requirements:

  • Businesses are focused on providing superior customer experiences, and autonomous networks can ensure reliable, high-performance, and uninterrupted service, thereby meeting customer expectations more effectively.

Autonomous Networks Market Share - Global Industry Landscape:

  • Ciena (US),
  • Extreme Networks (US),
  • Arista Networks (US),
  • Broadcom (US),
  • ZTE Corporation (China)

These companies leverage their unique technological strengths and innovative solutions to capture and expand their market share in the autonomous networks sector.

Ciena (US) :

Market Share:

  • Ciena is a significant player in the autonomous networks market, leveraging its leadership in networking systems, services, and software.

Key Offering:

  • Blue Planet: An intelligent automation platform that uses AI and machine learning to manage, automate, and optimize network operations.
  • WaveLogic AI: A technology for optical networking that enhances capacity, performance, and programmability of networks.

Extreme Networks (US) :

Market Share:

  • Extreme Networks holds a competitive position in the autonomous networks market, focusing on providing end-to-end networking solutions.

Key Offering:

  • ExtremeCloud IQ: A cloud-driven network management platform that leverages AI and machine learning for network automation and insights.
  • Extreme Fabric Automation: Simplifies network operations through automated provisioning and management of network infrastructure.

Arista Networks (US)

Market Share:

  • Arista Networks is a major competitor in the market, recognized for its cutting-edge networking solutions and innovative technologies.

Key Offering:

  • CloudVision: A network-wide approach for workload orchestration and workflow automation, providing real-time telemetry and analytics.
  • EOS (Extensible Operating System): A programmable, highly modular, and feature-rich network operating system.

Broadcom (US)

Market Share:

  • Broadcom is a prominent player in the semiconductor and infrastructure software market, contributing to autonomous networking through its advanced technology.

Key Offering:

  • Broadcom Trident and Tomahawk series: High-performance switching silicon that supports advanced network automation features.
  • Broadcom Jericho: A routing platform designed to deliver high-bandwidth connectivity with advanced programmability and automation capabilities.

ZTE Corporation (China)

Market Share:

  • ZTE Corporation is a key player in the global autonomous networks market, particularly strong in Asia and emerging markets.

Key Offering:

  • ZTE's ZENIC ONE: An integrated management and control platform that uses AI for intelligent network operations and management.
  • ZTE's ElasticNet: A comprehensive solution for network virtualization, providing automation and orchestration across network resources.

 

Related Reports:

Autonomous Networks Market by Offering (Solutions and Services), End User (Service Providers and Verticals (Hospitality, Education, Government, Healthcare, Transportation & Logistics)) and Region - Global Forecast to 2029

Autonomous Networks Market Size,  Share & Growth Report
Report Code
TC 9025
RI Published ON
5/29/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status