ID: MRFR/ICT/1782-HCR | 100 Pages | Published By Shubham Munde on March 2023
Unified network management market is expecting growth at 19.7% CAGR, with a market valuation of 14.21 billion, by the end of the global forecast period of 2021-2030
Unified Network Management Market Overview
The global unified network management market is a system through which both the wired, as well as, wireless infrastructures of the different organizations can be controlled with the help of a single interface. These network management systems have distinct features for both the wired, as well as, wireless networks like resolving the security issues, monitoring, and spectrum management, pacing up with the reliability of connections, and much more. The unified network management market systems help to access the data belonging to any organization on their devices, making use of a safe network.
The industrial trends concerned with the adoption of the unified network are emerging as a commendable way to cater to the corporate networks through remote locations. The unified network management market is expecting growth at 19.7% CAGR, with a market valuation of 14.21 billion, by the end of the global forecast period of 2022-2030.
COVID 19 Analysis
The pandemic year of 2020 has brought about technical and functional changes relatively more than the companies and enterprise networks have seen in the previous decade. Businesses around the world have been forced to shut down the manual functioning and shift to remote working. This has thus, enabled the customers to get their hands on stable connectivity while working from home, as well as, accessing and securing the critical assets of any organization. The enterprise network is one of the most essentials for remote working during the spread of the novel coronavirus. The sudden shift in priorities brings about a change in the investment pattern of the companies and government sector in networking technology.
The network vendors are bringing about developments, and changes in their connectivity services to adjust to the ‘new normal. Also, there is a need for mass demand of this enterprise network technologies to accommodate the needs related to the remote delivery of the services by the accommodates users.
The Unified network management market growth is a result of a high degree of demand of the requirement of advanced tools in the analytical areas. Also, there is a rapid increase in the populations’ dependency on analytical applications. This market can meet the cybersecurity requirements, as well as, the wide adoption of advanced analytics, are the major drivers for the growth of the market.
The unified network management market analysis shows that the market providers different solutions in the name of network traffic and monitoring management. This also included network security and network application segment. The market also provinces solutions for server management, as well as, configuration. These solutions render benefits to different organizations for better handling of the increased levels of data traffic, as well as, enhancing the security levels of data in the organizations.
The UNM industry is witnessing an emerging trend that formulates the use of unified networking. This is emerging as an exemplary way to deal with the use of mobile devices for accessing the networks of the operations of any corporate enterprise. A diverse variety of devices like tablets, as well as, smartphones, and desktops, are used to have better access and convenience through remote locations, the unified network management industry is categorized based on the on-cloud, as well as, on-premise deployment. The global UNM industry report predicts that there is wide adoption of cloud services that are fueling the need for unified network management that is cloud-based.
The unified network management market size is dependent on the different market segments. The market segments are based on type, solutions, and services, size of the organization, deployment, as well as, end-user.
Type and deployment
Based on type, the unified network management market is bifurcated based on the wired, as well as, the wireless network management. However, based on deployment, the market includes the on-premise and on-cloud premises.
The small and medium-sized organizations, along with the large-sized enterprises fall under the organization size segment.
The training and support, consultations, as well as, the managed and integration services fall under the service market segment.
Regional Analysis of the Unified Network Management Market
The unified network management market forecast based on regions is prevalent for the geographical locations including the Asian Pacific nations, North America, European nations, as well as, the rest of the world. It is expected that the North American market including the USA, as well as, Canada, is expected to dominate the market by the end of the global forecast period of 2016-2022. The main reason behind this is the increasing demand for the implementation of network-related solutions on a large scale. The European nations are also set to expected steady growth during the forecast period.
The Asian Pacific regions are also expecting significant growth by the end of the global forecast period of 2022. The increased advancements in mobility, as well as, cloud adoption is fueling the unified network management market growth by the end of the forecast period in 2022. Also, many countries are adopting these networking solutions for diversification and convenient working through remote locations to make optimal use of their network plans with a motive of enhancing customer relations, as well as, the productivity of the employees.
The network management market analysis shows that the market growth will be a result of the prominent players in the market. These are:
The network management market is witnessing major competition. This is a result of the pooling of efforts by both the new entries, as well as, the established market players. The global unified network management market research report has a moderate concentration. Product and service innovation, along with mergers and company acquisitions, are the key strategies being adopted on a large scale.
Unified Network Management Market - Recent Developments
A UNM market functions to provide networking management solutions. These solutions help make the common functions easy and manage them with the help of a single console. The report discusses the market scope of the services that are prevalent in different fields like planning and configuration, monitoring and handling exceptions, along with reporting, as well as, logging.
The main objective of the report is to study the unified network management market, and thus, analyze the market segments, and their sub-segments, for both the trends for individual growth, along with the growth of the overall market by the end of the forecast year of 2022. The report covers the usage of the solutions, and services, that are a part of the market dynamics of the UNM industry. Also, the report discusses the current market trends and development, whose result will reflect in the market growth by the end of the global forecast to 2022.
|Market Size||14.21 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Type, Services|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Juniper Networks (U.S.), Allot Communication (U.S.), IBM Corporation (U.S.), HP (U.S.), Ericsson (Sweden), Accenture PLC (Ireland), Alcatel-Lucent S.A. (France), Bradford Networks, Inc. (U.S.), Tibco Software (U.S.), Sandvine Inc. (Canada), Brocade Communications Systems, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Ascom Holdings AG (Switzerland)|
|Key Market Opportunities||
|Key Market Drivers||
The high implementation of network solutions is expected to motivate the market in the North American region to the topmost position globally.
HP (U.S.), Bradford Networks, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Allot Communication (U.S.), Ascom Holdings AG (Switzerland), Ericsson (Sweden) and Sandvine Inc. (Canada) are the market challengers.
The segments of type, solution, services, deployment, organization size, and end-user play a crucial role in the market.
An income of USD 14.21 Billion roughly is estimated to be gained by the market by 2030.
A 19.7 % CAGR capability is expected to be seen in the market.