"Global Network Management Systems Market – Industry Trends and Forecast to 2029
Global Network Management Systems Market, By Component (Platform, Solution, Services), Deployment Type (On-Premises, Cloud), Organisation size (Large Enterprises, Small and Medium-Sized Enterprises), End-User (Service Providers, Verticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that the network management systems market will exhibit a CAGR of 10.45% for the forecast period of 2022-2029 and is likely to reach the USD 18.23 billion by 2029.
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A network management system (NMS) is a set of software that allows network managers to manage the various components of a network as part of a larger network management framework. This programme can maintain track of a network's hardware and software. A network management system, or NMS, gathers information from remote network nodes and provides it to a system administrator for examination.
**Segments**
- On the basis of component, the network management systems market can be segmented into solutions and services.
- Under solutions, further segmentation includes performance monitoring, network configuration management, security management, network traffic management, and others.
- The services segment can be categorized into consulting, integration and deployment, and support and maintenance services.
**Market Players**
- Some of the key players in the network management systems market include IBM Corporation, Cisco Systems, Inc., Nokia, SolarWinds Worldwide, LLC, Juniper Networks, Inc., Hewlett Packard Enterprise Development LP, Broadcom, NETSCOUT, CA Technologies, NETGEAR, Paessler AG, Riverbed Technology, ManageEngine, Extreme Networks, and Dell Inc., among others.
https://www.databridgemarketresearch.com/reports/global-network-management-systems-marketThe network management systems market is witnessing significant growth and evolution fueled by the increasing complexity of networks and the rising demand for efficient and secure network operations. One of the key drivers of this market is the growing adoption of cloud-based network management solutions by organizations across various industries. Cloud-based solutions offer scalability, flexibility, and cost-effectiveness, making them an attractive option for businesses looking to streamline their network operations. Additionally, the proliferation of IoT devices and the advent of 5G technology are driving the need for advanced network management systems that can handle the increased traffic and data volume.
In terms of market segmentation, the network management systems market can be classified based on components, solutions, and services. The components segment comprises solutions and services, with solutions further categorized into performance monitoring, network configuration management, security management, network traffic management, and others. On the other hand, the services segment includes consulting, integration and deployment, as well as support and maintenance services. This segmentation enables market players to tailor their offerings to meet the specific needs and requirements of diverse customers, enhancing their market competitiveness.
The network management systems market is fiercely competitive, with several key players vying for market share and dominance. Some of the prominent players in this market ecosystem include IBM Corporation, Cisco Systems, Inc., Nokia, SolarWinds Worldwide, LLC, Juniper Networks, Inc., Hewlett Packard Enterprise Development LP, Broadcom, NETSCOUT, CA Technologies, NETGEAR, Paessler AG, Riverbed Technology, ManageEngine, Extreme Networks, and Dell Inc. These market players are continuously investing in research and development to innovate their product and service offerings, stay ahead of the competition, and cater to the evolving needs of customers.
One of the emerging trends in the network management systems market is the integration of artificial intelligence (AI) and machine learning (ML) capabilities into network management solutions. AI and ML technologies enable proactive network monitoring, automated troubleshooting, and predictive maintenance, leading to improved network performance, reliability, and security.**Global Network Management Systems Market, By Component (Platform, Solution, Services), Deployment Type (On-Premises, Cloud), Organisation size (Large Enterprises, Small and Medium-Sized Enterprises), End-User (Service Providers, Verticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
- The Global Network Management Systems Market is experiencing robust growth driven by the escalating complexity of networks and the surging demand for efficient and secure network operations. Cloud-based network management solutions are on the rise due to their scalability, flexibility, and cost-effectiveness, attracting organizations across various industries. The adoption of cloud-based solutions is a major growth driver in this market, as businesses seek to optimize their network operations. Moreover, the proliferation of IoT devices and the emergence of 5G technology are contributing to the need for advanced network management systems capable of managing increased traffic and data volumes effectively.
- Market Players in the network management systems segment are fiercely competitive, comprising major industry players like IBM Corporation, Cisco Systems, Inc., Nokia, SolarWinds Worldwide, LLC
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Network Management Systems Market
Chapter 3: Regional analysis of the Global Network Management Systems Market industry
Chapter 4: Network Management Systems Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Countries Studied:
- North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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