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Network Management Market 2020: Growth, Future Trends, Geographic Analysis to 2023

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Akash Sangshetti
Network Management Market 2020: Growth, Future Trends, Geographic Analysis to 2023

Overview:

The global network management market is expected to grow at a robust CAGR of close to 9% over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global network management market is profiled in detail in the report, which provides a comprehensive overview of the market’s growth prospects over the forecast period on the basis of a detailed analysis of the market’s major drivers and restraints and the historical growth trajectory exhibited by the market. The major players operating in the global Network Management Market are also examined in the report in order to provide readers with a clear picture of the market’s competitive dynamics.

The increasing demand for digital innovations is likely to be a defining feature of the global Network Management Market over the forecast period. With the increasing volume as well as complexity of network operations, the demand for equally capable management tools has increased. The increasing use of big data management tools in the network management market has increased the processing power of the management tools. Big data management is likely to be a key factor in the global network management market’s growth over the forecast period, as aggregating data from as many data points as possible is likely to be a key feature of network management in the coming years.  The increasing use of AI in network management is also likely to be a key driver for the global network management market over the forecast period.

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The increasing demand for cloud-based network management solutions is likely to remain a key feature of the global network management market over the forecast period. Cloud support for network management has become a key feature, as the increasing volume of data generated in network management application necessitates the use of cloud storage and management solutions. The increasing focus on network security management is also likely to be a key feature of the global network management market over the forecast period, as network security has emerged as a key focus area for enterprises.

Key Players

Some of the prominent players in the global Network Management Industry are Avaya Inc. (U.S.), Alcatel-Lucent S.A. (France), IBM Corporation (U.S.), Juniper Networks Inc. (U.S.), Cisco Systems Inc. (U.S.), Aruba Network Inc. (U.S.), CA Technologies Inc. (U.S.), Netscout System, Inc. (U.S.), Solarwinds Worldwide, LLC. (U.S.), BMC Software, Inc. (U.S.) and Compuware Corporation (U.S.) among others.

Network Management Market Segmentation

The global network management market is segmented by component, organization size, vertical, and region.

  • Based on the component, the global network management market is segmented into solutions and services. The solutions segment is further classified into network performance monitoring and management, IP address management, network traffic management, network device management, network configuration management, network security management, and others. The services segment is further classified into consulting services, integration services, support services, and others.
  • Based on organization size, the network management market is segmented into SMEs and large enterprises.
  • Based on the end-use vertical, the network management market is segmented into BFSI, healthcare, education, media & entertainment, travel & tourism, defense, government, and others.

Market Research Analysis

North America is expected to dominate the global network management market over the forecast period due to the widespread adoption of comprehensive network management tools in the region. The widespread availability of advanced cloud infrastructure in the region is likely to be a key driver for the network management market in North America over the forecast period.

Europe holds the second fastest share in the global network management market. Asia Pacific is expected to exhibit the fastest growth rate in the global network management market over the forecast period due to the growing demand for 21st-century solutions in the corporate sector in the region. The increasing urbanization and increasing demand for advanced wireless infrastructure is likely to drive the demand for cloud support in the region over the forecast period.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model 

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

Continued…

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

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