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Autonomous Networks Market Share

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

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Autonomous Networks Market Share

Cisco Systems and Huawei Technologies dominate the market with around 12% share. Cisco Systems leverages its extensive portfolio in networking, security, and cloud services. The company is making progress due to its established presence in the networking industry, a broad customer base, and continuous innovations in autonomous networking. Huawei Technologies is known for its strong focus on AI and ML technologies, big data analytics as well as its leadership in 5G infrastructure. It contributes to the autonomous network market by automating network tasks, making them more efficient and adaptable to the growing digital landscape.

Organizations increase the effectiveness of autonomous network solutions by investing in advanced technologies, enhancing security measures, optimizing resource utilization, and ensuring interoperability and standards compliance, leading to improved performance, reliability, security, and scalability in network operations.

Autonomous Networks Market Companies

Major players operating in the autonomous networks industry are:

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

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.