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Autonomous Networks Market Analysis

  • Report ID: GMI9891
  • Published Date: Jun 2024
  • Report Format: PDF

Autonomous Networks Market Analysis

Based on components, the market is divided into solutions and services. In 2023, the solution segment accounted for a market share of over 65%. Increasing market players focus on introduction of a new autonomous network solutions is expected to drive the market growth. Network monitoring and analytics solutions collect and analyze data from network operations. They ensure optimal performance, detect anomalies, and provide actionable insights. For instance, in February 2024, Cisco introduced new features in its network analytics platform. These features are aimed at improving the detection of network anomalies and providing predictive insights.
 

Autonomous Networks Market Share, By Deployment Model, 2023

Based on deployment model, the market is categorized into on-premises and cloud. The cloud segment accounted for USD 2.4 billion market revenue in 2023. Cloud deployment in autonomous networking involves using cloud platforms to handle network automation, configuration, monitoring, and optimization. Cloud-based network management solutions can streamline broadband services and support modern network infrastructure. For instance, in January 2024, The National Telecommunications and Information Administration initiated cloud deployment for network automation in its broadband improvement plans, emphasizing the benefits of cloud-based solutions in improving network efficiency and resilience. This also enhanced scalability, reduced costs, and provided agility in managing complex network environments.
 

North America Autonomous Networks Market Size, 2022 -2032, (USD Billion)

In 2023, North America dominated the autonomous networks market with over 30% of the market share. There has been a growing focus on integrating AI, enhancing cybersecurity, and developing regulatory frameworks in the region, boosting market growth. The development of autonomous network technologies is carried out to self-diagnose and repair network errors, ensuring continuous operation under various conditions. For instance, in February 2024, the U.S. Department of Defense launched a program to enhance the resilience of defense networks using autonomous technologies, focusing on self-healing and adaptive network capabilities.
 

In Europe, regulatory frameworks, pilot projects, funding programs, and collaborations are implemented to promote network automation and AI integration and improve network resilience, thereby enhancing the EU’s digital capabilities and supporting the deployment of autonomous networks. For instance, in January 2024, the European Commission launched an initiative to integrate AI into network infrastructure, focusing on autonomous network capabilities across the EU. This enhanced connectivity and supported digital transformation.
 

In the Asia Pacific region, various initiatives have been taken to advance the autonomous network market, driven by government support and industry collaborations. For instance, in March 2024, Japan's Ministry of Internal Affairs and Communications launched a national program to integrate autonomous network capabilities into 5G infrastructure, improving efficiency & autonomy and reducing operational costs.
 

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Industry size for autonomous networks was worth USD 6.6 billion in 2023 and will grow at a 19% CAGR between 2024 and 2032 due to the increasing complexity of network operations and the growing need for efficient management and optimization.

The cloud segment in the autonomous networks market recorded USD 2.4 billion in 2023, driven by pivotal role in driving digital transformation and enabling scalable, agile infrastructure.

North America industry registered 30% share in 2023, attributed to the advanced technological landscape and early adoption of innovative solutions, thriving IT industry, coupled with substantial investments in R&D.

Arista Networks, Inc., Ciena Corporation, Cisco Systems, Inc, Ericsson, Extreme Networks, Inc., Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Juniper Networks, Inc., NEC Corporation, and Nokia Corporation, among others.

Autonomous Networks Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 360
  • Countries covered: 25
  • Pages: 240
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