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Global Network Automation & Orchestration Market Forecasts, 2019-2023 - ResearchAndMarkets.com

November 22, 2019

DUBLIN--(BUSINESS WIRE)--Nov 22, 2019--

The “The Network Automation and Orchestration: Worldwide Forecast 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

Robust growth in NFV/SDN network control and orchestration software and services spending will continue (at a CAGR of 42% during 2018-2023), despite challenges for cross-domain network orchestration.

This report provides forecasts for communications service provider (CSP) spending on telecoms-specific network automation and orchestration (NAO) software systems and related services for 2019-2023.

Network automation and orchestration software and professional services spending will increase at a CAGR of nearly 18% between 2018 and 2023 to nearly USD20 billion. This growth will be due to the mixed effects of the large, though slow-growing, network management systems (NMS) market in combination with the smaller and higher-growth market for network orchestrators, WAN SDN solutions and virtual infrastructure managers (VIM). Software and services spend in these markets will collectively grow by 42% during the forecast period.

This report analyses the drivers of, and impediments to, growth by market segment, geography, delivery type (such as products, services, and SaaS) and service type.

This forecast report provides:

For more information about this report visit https://www.researchandmarkets.com/r/n89y3y

View source version on businesswire.com:https://www.businesswire.com/news/home/20191122005385/en/

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KEYWORD:

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY NETWORKS

SOURCE: Research and Markets

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PUB: 11/22/2019 10:51 AM/DISC: 11/22/2019 10:51 AM

http://www.businesswire.com/news/home/20191122005385/en