Network Configuration and Change Management Market Research Report - Global Forecast till 2027

Global Network Configuration and Change Management (NCCM) Market Research Report: By Component (Software and Services), By Deployment (On-Premise and Cloud), Organization Size (Small and Medium Enterprises and Large Enterprises), By Vertical (BFSI, Retail, IT & Telecommunication, Manufacturing, Government and Others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/ICT/8630-HCR | February 2021 | Region: Global | 141 pages

Please note that the assessment period of report has been updated from 2019–2026 to 2020-2027. Cordially fill the sample form for updated data.

Market Snapshot


With growing business needs, a lot of configuration changes take place on a day to day basis. Even though network admins can carry out changes manually, there are high possibilities that those changes might result in errors, leading to faulty configurations. An incorrect configuration is easily prone to vulnerabilities, which might even cause network errors. A network configuration manager allows users to take automated backups every time a change is made in a configuration, schedule backup configurations for tasks that require frequent backup operations, and offers backup configurations of devices/device groups instantly with a single click. One of the biggest advantages of network configuration is that it prevents the misuse of data using access control. The platform gives the admin the leverage to control the changes in the network, simplifying the configuration and change management process. Reports on all the changes made by different users can also be generated. Network configuration managers also help to keep track of all the changes made in realtime with the help of change management.


Network configuration managers are specially designed to serve this purpose and help in complete network change and configuration management (NCCM).


Network configuration and change management consist of several different solutions used by organizations operating across industries. These solutions help enterprises to run their business effectively. With the growing complexity of networks, the need for network configuration and change management solutions is increasing, thereby driving the overall market.


Overall, the global network configuration and change management market is driven by network automation across industry verticals and time to market and return on investment offered by deploying such solutions. Additionally, the growing adoption of cloud-based solutions is also driving the market.


Global Network Configuration and Change Management Market is projected to expand at a 7.6% CAGR during the forecast period, reaching USD 2277.9 Million in 2026.


Synopsis


Global Network Configuration and Change Management Market has been segmented based on Component, Deployment, Organization Size, Vertical and Region.


Based on component, the network configuration and change management market has been segmented into software and services. The services segment consists of services such as integration & deployment, consulting, and maintenance & support services. The software segment accounted for the largest share in the overall market in 2019. Many enterprises are deploying such solutions to effectively manage their complex network architecture, which is driving the market.


Based on deployment, the network configuration and change management market has been segmented into on-premises and cloud-based segments. The cloud-based segment is projected to record the higher CAGR during the forecast period, 2019–2025.


Based on organization size, the network configuration and change management market has been segmented as small and medium enterprises and large enterprises. The SME segment is anticipated to grow at the highest CAGR during the forecast period.


Based on vertical, the network configuration and change management market has been segmented as BFSI, retail, IT & telecommunication, manufacturing, government, and others. The IT & telecommunication segment accounted for the largest market share in the year 2019.


The global market for the Network Configuration and Change Management Market to expedite at a compound annual growth rate (CAGR) of 7.6% during the projection period (2020-2026) and reach USD 2,277.9 Million in 2026.
Network Configuration and Change Management Market


Regional Analysis


Geographically, the global network configuration and change management market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.


North America leads the market in terms of market share in the global network configuration and change management market. Some of the factors that are responsible for the growth of the market include continuous investments and focus on network configuration and change management among enterprises of all sizes. The presence of several software providers in the market is another factor that significantly contributed to the growth of North America’s network configuration and change management market in the year 2019. North America is segmented into the US, Canada, and Mexico. According to MRFR analysis, the US is expected to gain the highest market share, followed by Canada and Mexico. The network configuration and change management market in North America is expected to grow due to the increasing demand for cloud-based software solutions.


Europe occupies the second position in the market. In this study, Europe has been segmented into the UK, Germany, France, Italy, and the rest of Europe. Among these, the UK accounted for the largest share in the overall market. However, the rest of Europe market is expected to register the highest CAGR during the forecast period.


Companies Covered


The Key Players of the Global Network Configuration and Change Management Market are BMC Software (US), Cisco Systems, Inc. (US), CA Technologies (US), IBM (US), HP(US), EMC Corporation (US), Alterpoint (US), Manageengine (India), Solarwinds (US), and Dorado Software (US).


Key Developments



  • In May 2020, BMC, a provider of IT solutions for digital enterprises, entered a definitive agreement to purchase Compuware, a Thoma Bravo company and a provider of mainframe application development, delivery, and support solutions.



  • In April 2016, the affiliates of Silver Lake Partners and Thoma Bravo LLC acquired SolarWinds, Inc., a provider of powerful and affordable hybrid IT-management software.


Key Questions Addressed by the Report



  • What was the historic market size (2018)?

  • Which segmentations (component/deployment/organization size/vertical) are driving the market?

  • What will be the growth rate by 2026?

  • Who are the key players in this market?

  • What are the strategies adopted by the key players?



Frequently Asked Questions (FAQ) :


The global network configuration and change management market size can touch a value of USD 2,277.9 million by 2026.

The global network configuration and change management market can exhibit a CAGR of 7.6% over the forecast period.

The global network configuration and change management market is driven by the need to prevent misuse of data using access control.

The software segment can gain the larger share of the global network configuration and change management market.

The IT & telecommunication vertical can account for the largest market share in the global network configuration and change management market.

Dorado Software, Cisco Systems, Inc., Alterpoint, Manageengine, BMC Software, EMC Corporation, HP, IBM, Solarwinds, and CA Technologies are key players of the global network configuration and change management market.