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Self-Healing Networks Market Size

Report ID: GMI5496
Published Date: Mar 2023
Report Format: PDF

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Self-Healing Networks Market Size

Self-Healing Networks Market size was estimated to be more than USD 500 million in 2022 and is poised to observe over 25% CAGR from 2023 to 2032. Rapid adoption of automated technologies like network automation tools would augment industry development.

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A self-healing network is used to resolve network issues without the involvement of humans. Advancements in technologies such as Artificial intelligence (AL)/Machine Learning (ML) have lured new innovations in self-healing networks. AI can help reduce complications of network infrastructure and improve close-down-loop automation and encrypted traffic analytics.

Companies are rolling out automated technologies as they are essential in protecting data-driven, software-defined, and virtualized network components. For instance, in June 2022, Elisa Polystar announced the acquisition of Cardinality Ltd. to provide AI-based programs and an automation portfolio with comprehensive data ingestion & cloud-native capabilities for network users.

Self-Healing Networks Market Report Attributes
Report Attribute	Details
Base Year:	2022
Self-Healing Networks Market Size in 2022:	USD 500 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	25%
2032 Value Projection:	USD 10 Billion
Historical Data for:	2018 to 2022
No. of Pages:	300
Tables, Charts & Figures:	612
Segments covered:	Component, Deployment, cloud type, application, end-use
Growth Drivers:	Increasing adoption of automation technologies integrated with self-healing Rising need to control and manage network traffic Surge in human error rates in manual systems causing network downtime Increasing number of start-ups to offer networking solutions Rising need of improving network security by mitigating cyber threats
Pitfalls & Challenges:	Lack of awareness among network administrators Rising security threats across networks

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Global market size for self-healing networks was valued at more than USD 500 million in 2022 and is poised to observe over 25% CAGR from 2023 to 2032.

Self-healing network from the telecom end-use segment is anticipated to reach over USD 1 billion by 2032 conditioned to umpteen use of the technology to handle increased loads and optimize networks.

North America self healing market was valued at over USD 300 million in 2022 and is expected to grow owing to prompt adoption of new and innovative technologies and exponential growth in data generated by IT & network equipment.

HPE (US), Cisco (US), VMWare (US), Elisa Polystar (Sweden), IBM (US), CommScope (US), Fortra (US), SolarWinds (US), BMC Software (US), ManageEngine (US), and Ivanti are some of the leading companies in the self-healing networks industry.