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Network Management Solution Market 2019Industry Overview
The global network management has witnessed a tectonic surge over the past few years. The surging need for in-depth visibility into network security, surging network infrastructure, and Quality of Service (QoS) are some of the chief factors driving the growth of the network management solution market over the estimated timeframe. Moreover, exponential growth identified in the global Internet Protocol (IP) traffic as well as cloud traffic, coupled with the prominence of the Internet of Things are likely to create new growth opportunities for the network management solution market during the assessment period.
Market by Top Network Management Solution Companies, this report covers
IBM
Accedian
AppNeta
BMC Software
Broadcom
Colasoft
ExtraHop Networks
Extreme Networks
Flowmon Networks
HGGC
Progress Software
Juniper Networks
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Network management solutions also facilitate organizations to get a clear insight into their bandwidth, network performance, and operational efficiency, and also address the challenges such as minimizing overall operational costs, providing precise insights on flow of information, and identifying optimal routes for interconnect. Such factors are likely to contribute to the global network management solution market over the assessment period.
Segmental Analysis
The global management solution market has been segmented on the basis of type and application.
By type, the management solution market is segmented into SDN monitoring, network performance and monitoring, log and event management, network configuration management, and others.
The application segment of the management solution market comprises manufacturing industry, IT and telecom, energy and utilities, retail industry, and others. Of these, the IT and telecom segment accounted for the major share. Security, accessibility, and visibility are paramount of incumbents of the telecom and IT sectors. These incumbents are highly adopting such solutions in order to mitigate the risks which are associated with downtime. NMS solutions also assist telecom service providers to minimize customer churn and allow them to engage in activities like enhancing customer experience and intelligent network planning.
Regional Insights
Geographically, the management solution market spans across Europe, North America, and Asia Pacific.
Considering the global scenario, the network management solution market in the North American region is estimated to command the largest market share. The regional growth can be attributed to the rapid adoption of advanced technologies along with infrastructure, which helps in the visualization of IT infrastructure and also helps in advanced network management. The region is considered to be the leading revenue contributor in the market and is experiencing a rapid rollout of 5G infrastructure, robust broadband penetration rate, and significant investments in data centers. Growth identified in the U.S. healthcare IT spending is likely to contribute to the overall growth of the regional market.
The Asia Pacific, on the other hand, has experienced rapid growth in terms of the deployment of the long-term evolution infrastructure. Governments in the region are undertaking several initiatives in order to promote digitalization. Also, rapid urbanization and proliferation of the internet has further propelled the growth of the network management solution market in the region. Countries such as, China, India, and Japan are looking forward to the launch of 5G and 6G, which is likely to pave way for aggressive adoption of network management systems over the forecast period.
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Table of Contents –Analysis of Key Points
1 Network Management Solution Market Overview
2 Manufacturers Profiles
3 Global Network Management Solution Market Competition, by Players
4 Global Network Management Solution Market Size by Regions
5 North America Network Management Solution Revenue by Countries
6 Europe Network Management Solution Revenue by Countries
7 Asia-Pacific Network Management Solution Revenue by Countries
8 South America Network Management Solution Revenue by Countries
9 Middle East and Africa Revenue Network Management Solution by Countries
10 Global Network Management Solution Market Segment by Type
11 Global Network Management Solution Market Segment by Application
12 Global Network Management Solution Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued…..
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