Zero-Touch Provisioning Market To Deliver Greater Revenues during the Forecast Period until 2032
Polaris Market Research has recently released research report titled Zero-Touch Provisioning Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032 that examines both current and future market trends related to products and services in the Zero-Touch Provisioning Market. This analytical study provides an overview of the market, including its definition, outlook, various segmentations, and other related factors that fall within its purview. The report provides estimates of the Zero-Touch Provisioning Market size, share, recent trends, potential sales volume, and key segments within the market. Key participants can benefit from the in-depth study of this report, as it offers valuable insights for establishing a strong presence in the industry.
According to the research report, the global zero-touch provisioning market was valued at USD 2,772.13 million and is expected to reach USD 7,544.15 million by 2032, to grow at a CAGR of 10.6% during the forecast period.
The market for zero-touch provisioning is expanding due to several business clients modernizing their network architecture to increase network security and ensure more effective data flow. For instance, in October 2022, HFCL Ltd introduced the “5H 8T8R Macro Radio Unit”. This product enables digital beam-forming & zero-touch provisioning with increased energy efficiency.
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Cloud-based infrastructure created to boost the effectiveness of current operations must incorporate automation. Device and network configuration are connected, facilitating and automating device administration. Zero-touch provisioning centrally delivers programs, reassigns licenses in response to changes in work, enforces password policies, encrypts critical data, and configures network equipment settings, including email and Wi-Fi. As a result, the zero-touch provisioning market is driven by the trend toward cloud migration and the demand for ZTP solutions to provide and maintain cloud-based network infrastructure.
Zero-touch provisioning Market Report Highlights
- Platform segment held the dominant position in global market in 2022 owing to their number of advantages to businesses.
- The IoT devices segment is expected to grow exhibit the fastest growth during the forecast period. This can be attributed to the increasing adoption of IoT across commercial, consumer, industrial, and infrastructure spaces.
- Complex Network Architecture segment held the largest market share in 2022. It is generally being utilized by large organizations.
- SMEs segment is anticipated to exhibit fastest CAGR during the forecast period. Adoption of ZTP by SMEs increases their QoS and device scalability and eliminates human intervention.
- IT & Telecommunication vertical held the largest market share in 2022 owing to the rising trend of adoption of advanced technologies and network automation.
Top Key Players:
- Cisco Systems Inc.
- Nokia Corporation
- Telefonaktiebolaget LM Ericsson
- Huawei Technologies Co. Ltd.
- ZTE Corporation
- Anuta Networks
- Hewlett Packard Enterprise Development LP
- Extreme Networks
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The report provides a comprehensive analysis of the key Zero-Touch Provisioning Market players, including an examination of their production processes, pricing dynamics, and growth strategies. This section includes other important data such as production patterns, analysis of the industry environment, and regional growth trends. The report also presents basic information, product profiles, applications, specifications, market performance, and a business overview. Moreover, the report includes an analysis of pricing, interview records, gross profit, shipping, revenue, and distribution of firms in the market.
The study’s analysis of the consumption and growth rates for each application sheds light on the use and demand of Zero-Touch Provisioning Market in a variety of contexts. Players in the business can use this information to better analyze trends and decide on their product development and marketing strategy. The report also analyses significant industry developments, such as new product launches, mergers & acquisitions, collaborations, and partnerships. These advancements can provide insight into the industry’s current position as well as possible areas for development and innovation.
The technical information, manufacturing plant analysis, and raw material sources analysis presented in the research paper can offer perceptions of the business’s production procedures, expenses, and effectiveness. Companies can utilize this information to cut expenses and optimize their production operations. Companies may learn about market dynamics and prospective growth possibilities by looking at the chain structure, upstream and downstream clients, Zero-Touch Provisioning Market share, volume, and sales revenue.
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The following Questions and Answers Covered in The Report Are:
- How will the market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the dynamics change because of the impact of future opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the market?
- How will these strategies influence market growth and competition?
Polaris Market Research has segmented the Zero-touch provisioning Market report based on component, device type, network complexity, enterprise size, vertical and region:
Zero-touch provisioning Market, Component Outlook (Revenue – USD Million, 2019 – 2032)
Zero-touch provisioning Market, Device Type Outlook (Revenue – USD Million, 2019 – 2032)
- Access Points
- IoT Devices
Zero-touch provisioning Market, Network Complexity Outlook (Revenue – USD Million, 2019 – 2032)
- Multi-Vendor Environment
- Complex Network Architecture
- Dynamic Network Environment
Zero-touch provisioning Market, Enterprise Size Outlook (Revenue – USD Million, 2019 – 2032)
- Large Enterprises
- Small & Medium Enterprises
Zero-touch provisioning Market, Vertical Outlook (Revenue – USD Million, 2019 – 2032)
- IT & Telecommunications
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