Network Management Market Research Report - Global Forecast to 2027

Global Network Management Market Research Report: Information by Component (Transcoding & Processing, Video Management, Video Delivery & Distribution, Video Security), by Streaming Type (Live, Video-On-Demand), Deployment, Vertical – Forecast till 2027

ID: MRFR/ICT/3804-HCR | February 2021 | Region: Global | 100 pages

Market Overview

Let's get into the inside of the network management market. Starting with the brief definition then it refers to the management of all the computer networks that are prevailing in the region or the country. The network management market comprises solutions and services. These solutions and services contribute to the smooth management of the networks established in the country. There are always factors that affect the growth of the network management Global market, usually, it includes the network complexity that is growing due to overpopulation. Other factors may include just the growing implementation of virtualization that is leading to the transformation into the network management world.

The network management global market is expected to grow at a CAGR of approximately 9% during the forecast period 2017-2023.


COVID 19 Analysis

As per the growing situation of a global pandemic. The network management market has not been severely affected due to the field of the area it is working on. Even in tough times, the network needs to be at its peak. People during this lockdown seamlessly used the internet, because of the distance. The distance made people connect even more than before. The network is held via video calling, normal calls, text messages, etc. As more and more people are on their own, in house web series and movies, what are the most common tasks to perform. Network management was swiftly and efficiently done so that no one would face hindrances in connecting. As the years of 2020 and 2021 are passing by, the Ray of hope of the new normal is beginning to show up. Most probable in the year of 2022 things will get back to normal as the current vaccination process has begun.

Market Dynamics

Drivers

The network management market in the global market is growing tremendously. Many factors drive the growth of the market. A few important and major factors are mentioned in this paragraph. The major factors include increased network complexity and also growing implementation of virtualization. The implementation of virtualization is increasing to transform network management. Other factors include high demand for the cloud. Also, there is a growing demand for network management solutions and services from all small and medium enterprises.

Opportunities

The network management market in the global market is growing tremendously. There are various opportunities in the network management global market such as the emergence of artificial intelligence. Another opportunity usually includes the growing need for optimization of business operations. This is the major opportunity that is driving the growth of global network market management. There is an opportunity in the field of usage of IP video data centers and virtualization.

Restraints

The network management market in the global market is growing tremendously. As the network grows there are further hindrances. These hindrances include selecting deploying in the integration of software dysfunction. There are hindrances when it comes to solving network management problems of small and medium enterprises. Few problems are acting as obstacles when it comes to obtaining high Technology such as artificial intelligence. Working with advanced technology becomes difficult for some small enterprises.

Value Chain Analysis

The network management market is growing rapidly in the global market. There are various benefits of the Global network management market. These benefits include solving the complexities of the network and improving the implementation of virtualization to transform network management. It further adds value to the cloud monitoring system making it a strong field. The network management market is beneficial due to its well-established infrastructure and faster implementations. All the advanced technologies are introduced into the network management market.

Market Segmentation

The network management Industry segments in the global market have been divided into component organization size and vertical.

Based On The Component

The network management global market has been divided based on the component into solutions and services. According to the data therefore the bifurcation is made into the solution segment which is network performance monitoring and management IP address management network traffic management network device management network configuration management network security management and others. Looking at the service segment it is also classified as consulting services integration services support services and others.

Based On The Organization Size

The network management global market has been divided based on the organization size into SMEs and large enterprises.

Based On The Vertical

The network management global market has been divided based on the verticals into BFSI, healthcare, education, media and entertainment, travel and tourism, defense government, and many others.  Network Management Market Image

Regional Analysis

The network management market in the global market has been divided based on region into North America, Asia Pacific, Europe, and the rest of the world. According to the estimates, North America accounts for the largest network management market size. On the other hand, Asia-Pacific is projected to still show some growth at the fastest rate between the year 2017 to 2023. The network market players in the region of North America have attributed excellence due to technological advancements and increased adoption of all artificial intelligence technology. Adoption of such advanced technology e and applications made all over the region makes it stronger in the field of NM market.

Competitive Landscape

The most prominent major key players in the network management in the global market are as follows:


  • 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. (the U.S.)

  • BMC Software, Inc. (U.S.)

  • Compuware Corporation (U.S.)


These most prominent major key players in the network management global market in the global market use various strategies to cater to the increasing need of the customer. The research report also has a description of major key players contributing to the market. They use various techniques and strategies like collaborations, mergers, and acquisitions, developing the new production process, innovation in the existing product, establishing a joint venture, expansion of business, and partnership. These tactics work on increasing their customer base in the global potential market.

Recent Developments


  • There have been the latest developments made to maintain the smooth management of the network.

  • Management of computer networks has shown some enhancements by spreading its network even further.

  • Advancements are made in the growing implementation of virtualization so that we can transform network management.

  • More and more people are getting connected to such companies which are raising the demand for cloud monitoring and hence innovative growth is added to the Global network market industry.

  • Innovations are made in managing and monitoring networks in a seamlessly integrated way.

  • Both small and medium enterprises are being settled up which are directly contributing to the growth of the network management market.


Report Overview

The global network management market research report consists of the following elements:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments

  • Intended Audience



This global network management market research report consists of the factors that drive in the global market along with the factors that restrict the network management market in the global market. The report also contains network management trends that provoke further drive in the growth of the network management market. This report also contains various growth opportunities in the network management market in the global market during the forecasted period. The impact of COVID 19 on the network management market is also estimated. A brief description of the intended audience is also given in this research report. The future growth rate of the network management market in the global market is mentioned.

Intended Audience

The major intended audience mentioned in this research report are as follows-


  • Technology Investors

  • Research/Consultancy firms

  • Government Bodies

  • Network Management solution vendors

  • Network Management platform providers

  • Information Technology (IT) developers

  • Third-party vendors

  • Consulting service providers

  • Telecom operators

  • Internet service providers

  • Technology providers

  • System integrators

  • Cloud service providers



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Frequently Asked Questions (FAQ) :

Alcatel-Lucent S.A., Aruba Network Inc., IBM Corporation, Avaya Inc., Cisco Systems Inc., Juniper Networks Inc., and CA Technologies Inc. are the vital players of the market in the study.

The major driving factors of the network management market include amplified network complexity and upward implementation of virtualization.

North America holds the largest share of the market across the globe.

The market will be grabbing a CAGR of approximately 9% in the forecast period.

As per the study, the market will be growing during the years of 2017 to 2023.