Rise in demand for high-speed connectivity, network automation, and advanced digital services is expected to drive market expansion shortly at a CAGR of 20.50% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published on the “Global Autonomous Networks Market”.

The Autonomous Networks Market is estimated to register a CAGR of 20.50% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Autonomous Networks Market— Ericsson (Sweden), Nokia (Finland), NEC Corporation (Japan), Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise (US), Cisco Systems (US), IBM Corporation (US), Ciena (US), Extreme Networks (US), Arista Networks (US).

Market Highlights

The global Autonomous Networks Market is accounted to register a CAGR of 20.50% during the forecast period and is estimated to reach USD 38.5 billion by 2032.

Advancements in AI and machine learning algorithms propel the ongoing expansion of the autonomous networks market. These innovations enable improved network management efficiency, bolstered security protocols, and enhanced scalability to accommodate rising demands from interconnected devices and applications.

Access full report @ https://www.marketresearchfuture.com/reports/autonomous-networks-market-22218

Segment Analysis

The global Autonomous Networks Market has been segmented based on the Offering and End User.

Based on the Offering, the market is segmented into Solutions (Al Networking, AIOPS, Network Management Tools, Other Solutions) and Services (Professional services {Consulting, System Integration & Deployment, Support & Maintenance}). The Solutions segment was attributed to holding the largest market share in 2023. The growing complexity of network infrastructures necessitates comprehensive solutions capable of autonomously managing and optimizing operations. These solutions must integrate advanced technologies such as artificial intelligence and machine learning to adapt to evolving network conditions and demands. This need is further driven by the increasing adoption of automation across industries aimed at enhancing efficiency and cost-effectiveness.

Based on the End User, the Autonomous Networks Market has been segmented into Service Providers and Verticals (Hospitality, Education, Government, Healthcare, Transportation & Logistics, and Other Verticals). The Service Providers segment was expected to hold the largest market share in 2023. Service providers are at the forefront of adopting cutting-edge technologies to enhance network efficiency and reliability, with autonomous networks presenting a compelling solution to meet these evolving needs. The increasing demand for seamless connectivity, driven by the proliferation of IoT devices and the growing popularity of bandwidth-intensive applications, compels service providers to invest in autonomous network solutions to ensure uninterrupted service delivery.

Regional Analysis

The global Autonomous Networks Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Autonomous Networks Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Autonomous Networks Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Autonomous Networks Market comprises the Middle East, Africa, and Latin America.

The largest market share for the Autonomous Networks Market was maintained by the North American regional sector. North America boasts a highly developed telecommunications infrastructure, with widespread adoption of advanced technologies like 5G. According to a GSMA report, 5G networks are projected to contribute approximately $150 billion in added value to the Canadian economy from 2020 to 2040, significantly driving economic growth. By 2025, 5G will account for 45% of the total connection base in Canada. This technological advancement creates an ideal environment for implementing autonomous networks, which depend on robust connectivity and low latency. Additionally, the region is home to numerous leading technology companies and startups dedicated to innovation in networking and automation, fostering a competitive landscape that accelerates the development of autonomous network solutions.

Moreover, the Europe market has been persistently growing over the forecast period. European regulatory bodies have created a favorable environment for the growth of autonomous networks through supportive policies and frameworks. The European Union's (EU) Digital Strategy aims to position the EU as a global leader in digital innovation, promoting advancements in AI, IoT, and autonomous technologies. In 2022, 69% of EU firms implemented advanced digital technologies, compared to 71% in the United States. The EU has set two main goals for the digital transformation of businesses by 2030: over 90% of SMEs should achieve at least a basic level of digital intensity, and 75% of EU companies should use cloud computing services, perform big data analysis, or utilize artificial intelligence. Regulations like the General Data Protection Regulation (GDPR) ensure data security and privacy, which are essential for building trust and fostering the adoption of autonomous networks.

Asia Pacific's rapid technological advancements and widespread adoption of 5G technology provide a robust foundation for implementing autonomous networks. Additionally, the Asia-Pacific region is home to some of the world's largest and most densely populated countries, driving a high demand for efficient and scalable network solutions to support the vast number of connected devices and users. According to IBEF, the number of internet connections surged from 251.5 million in March 2014 to 836.9 million in June 2022, marking a 232% increase. Broadband connections grew even more dramatically, from 61 million in March 2014 to 816.2 million in September 2022, a 1238% increase. In India, the 5G spectrum auction, which began on July 26 and concluded on August 1, fetched a substantial US$ 18.30 billion (Rs. 1,50,173 crore) for the government. The presence of major technology companies and innovative startups in countries such as China, Japan, and South Korea further accelerates the development and deployment of autonomous network technologies.

Furthermore, the rest of the world's Autonomous Networks Market is divided into the Middle East, Africa, and Latin America. The Middle East is spearheading the deployment of 5G, led by countries such as the UAE, Saudi Arabia, and Qatar. This rapid adoption of 5G delivers crucial high-speed, low-latency connectivity necessary for autonomous networks. Significant investments in ICT infrastructure further enhance network capabilities and facilitate the implementation of autonomous technologies. According to the International Data Corporation (IDC), ICT spending in Saudi Arabia is projected to reach $34.5 billion in 2023, with expenditures on software (including cloud) and IT services expected to grow at annual rates of 11.4% and 8.7% respectively from 2022 to 2026.

Key Findings of the Study

• The global Autonomous Networks Market is expected to reach USD 38.5 billion by 2032, at a CAGR of 20.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because of the increasing investments in 5G networks and the Internet of Things (IoT) market expansion.


• Based on Offering, the Solutions segment was attributed to holding the largest market in 2023, with an approximate market share of 55–60%.


• Ericsson (Sweden), Nokia (Finland), NEC Corporation (Japan), Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise (US), Cisco Systems (US), IBM Corporation (US), Ciena (US), Extreme Networks (US), and Arista Networks (US) are the key market players.