Network Management Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segmentation by Component, Deployment, Organisation Size, End-User, and Region.

Global Network Management Market size was valued at US$ 8.56 Bn. in 2021, Software Component is the dominating segment in the Network Management Market.

Global Network Management Market Overview:

Network management is the process of directing and managing computer networks to administer, operate and maintain enterprises network infrastructure. Services provided by network management discipline comprise fault analysis, risk management, performance management, provisioning of network systems, and preserving the quality of service. The purpose of network management is to address the objectives essential for optimally operating an enterprise's network. Across the globe, there is a wide range of software and hardware for network administrators to manage a network. Global Network Management Market To know about the Research Methodology :- Request Free Sample Report

Global Network Management Market Dynamics:

By the advanced technologies, it is seen that almost everything is hosted on servers, and storage of information on the servers needs to be transferred from one place to another, as per the requirement, resulting in the generation of the Internet Protocol (IP) traffic. The Internet Protocol traffic or web traffic is also known as the flow of data across the internet, or in certain network links. The networking giant, Cisco forecast that the network traffic is expected to reach 3.3 zettabytes (1 Zettabyte = 1e+12 Gigabytes) by the year ending of 2021. This rise in network traffic necessitates proper management of network systems, which is paving the growth for the market of network management service providers, across the globe. The network management system helps administrators with the tools necessary for the maintenance and service of the enterprise network without any physical intervention. Network Management system manages the complex network from the data center to the network edge through integrated wired and wireless management competencies, automatic alerts for network issues, and compatibility with devices across vendors. These benefits of network management fuel the growth of product demand across the globe. Free and open-source network management tools are one of the prime concerns for network management system solution providers and are expected to hamper the overall network management market growth across the globe. Besides this, the emergence of the cloud approach and penetration of IoT devices within the enterprise's network is expected to create lucrative opportunities for the network management market during the forecast period.

Global Network Management Market Segment Analysis:

Based on the Component, the Network Management Market is segmented into Software, and Services. The Software segment held the largest market share accounted for 59% in 2020. Software network management is scalable for network structures of several sizes, in an increasingly digital world. This system is used to centrally monitor, manage, and organize industrial networks, including security-related areas, which fuels the network management market growth for this segment. The Service segment is expected to witness significant growth at a CAGR of 8.76% during the forecast period. Growing demand for network management training & consulting services in organisations along with low investment to improve network management capabilities drives the management decision growth for this segment. Based on the Organisation Size, the Network Management Market is segmented into SMEs and Large Enterprises. The SMEs segment held the largest market share accounted for 53% in 2020. The SMEs business benefit from network management services to have the latest device and software updates, monitor the well-being of devices, and safeguard security. The increasing demand for lower costs in the management processes, enhanced employee engagement and productivity, and the future scalability potential of small and medium-sized enterprises (SMEs), resulting in rapid product demand. Network Management Market Based on the Deployment, the Network Management Market is segmented into Cloud and On-premise. The On-premise Deployment segment held the largest market share accounted for 57% in 2021, and is expected to grow at a CAGR of 9.1% during the forecast period. Growing adoption of on-premise network management software in several organisation across the globe fuels the Network Management Market growth for this segment. The Cloud Deployment segment is expected to register rapid growth at a CAGR of 8.73% during the forecast period. The growing adoption of cloud-based solutions by organizations for network management drives the Network Management Market growth for this segment.

Global Network Management Market Regional Insights:

North America region held the largest market share accounting for 35.27% in 2020. The rapid adoption of advanced technologies and infrastructure in this region helps them to virtualize their IT infrastructure and enable advanced network management. The fastest growth in this region is attributed to the growing adoption of network management systems by various end-users such as retail, IT, BFSI, Healthcare and Pharmaceutical, Government, and other industries. Europe region is expected to witness significant growth at a CAGR of 7.91% during the forecast period. Increased industrialization, technological developments, and rising demand for network management systems are expected to fuel the network management market growth in the European region. The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Network Management Market make the report investor’s guide.

Global Network Management Market Scope: Inquire before buying

Global Network Management Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2021-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 8.56 Bn.
Forecast Period 2021 to 2029 CAGR: 9.2% Market Size in 2029: US $ 17.31 Bn.
Segments Covered: by Component • Software • Services
by Deployment • Cloud • On-premise
by Organisation Size • SMEs • Large Enterprises
by End-User • Aerospace and Defense • BFSI • Healthcare and Pharmaceutical • Government • Retail and E-commerce • IT and Telecommunications • Others

Global Network Management Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Network Management Market Key Players

IBM Corporation • Huawei • Juniper Networks • Solar winds • CA Technologies • NETWCOUT • Riverbed Technology • BMC Software • Micro Focus • Flowmon Networks • Manage Engine • Live Action • Ericsson • Extreme Networks • eG Innovations • Opmantek • Cubro Network Visibility • Paessler AG • ColaSoft

Frequently Asked Questions:

1] What segments are covered in the Network Management Market report? Ans. The segments covered in the Network Management Market report are based on Component, Deployment, Organisation Size, and End-User. 2] Which region is expected to hold the highest share in the Network Management Market? Ans. The North America region is expected to hold the highest share in the Network Management Market. 3] What is the market size of the Network Management Market by 2029? Ans. The market size of the Network Management Market by 2029 is US $ 17.31 Bn. 4] What is the forecast period for the Network Management Market? Ans. The Forecast period for the Network Management Market is 2021-2029. 5] What was the market size of the Network Management Market in 2021? Ans. The market size of the Network Management Market in 2021 was US $ 8.56 Bn.
1. Global Network Management Market Size: Research Methodology 2. Global Network Management Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Network Management Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Network Management Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Network Management Market Size Segmentation 4.1. Global Network Management Market Size, by Component (2021-2029) • Software • Services 4.2. Global Network Management Market Size, by Deployment (2021-2029) • Cloud • On-premise 4.3. Global Network Management Market Size, by Organisation Size (2021-2029) • SMEs • Large Enterprises 4.4. Global Network Management Market Size, by End-User (2021-2029) • Aerospace and Defense • BFSI • Healthcare and Pharmaceutical • Government • Retail and E-commerce • IT and Telecommunications • Others 5. North America Network Management Market (2021-2029) 5.1. Global Network Management Market Size, by Component (2021-2029) • Software • Services 5.2. Global Network Management Market Size, by Deployment (2021-2029) • Cloud • On-premise 5.3. Global Network Management Market Size, by Organisation Size (2021-2029) • SMEs • Large Enterprises 5.4. Global Network Management Market Size, by End-User (2021-2029) • Aerospace and Defense • BFSI • Healthcare and Pharmaceutical • Government • Retail and E-commerce • IT and Telecommunications • Others 5.5. North America Network Management Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Network Management Market (2021-2029) 6.1. European Network Management Market, By Component (2021-2029) 6.2. European Network Management Market, by Deployment (2021-2029) 6.3. Global Network Management Market Size, by Organisation Size (2021-2029) 6.4. Global Network Management Market Size, by End-User (2021-2029) 6.5. European Network Management Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Network Management Market (2021-2029) 7.1. Asia Pacific Network Management Market, By Component (2021-2029) 7.2. Asia Pacific Network Management Market, by Deployment (2021-2029) 7.3. Global Network Management Market Size, by Organisation Size (2021-2029) 7.4. Global Network Management Market Size, by End-User (2021-2029) 7.5. Asia Pacific Network Management Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Network Management Market (2021-2029) 8.1. The Middle East and Africa Network Management Market, By Component (2021-2029) 8.2. The Middle East and Africa Network Management Market, by Deployment (2021-2029) 8.3. Global Network Management Market Size, by Organisation Size (2021-2029) 8.4. Global Network Management Market Size, by End-User (2021-2029) 8.5. The Middle East and Africa Network Management Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Network Management Market (2021-2029) 9.1. Latin America Network Management Market, By Component (2021-2029) 9.2. Latin America Network Management Market, by Deployment (2021-2029) 9.3. Global Network Management Market Size, by Organisation Size (2021-2029) 9.4. Global Network Management Market Size, by End-User (2021-2029) 9.5. Latin America Network Management Market, by Country (2021-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. IBM Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Huawei 10.3. Juniper Networks 10.4. Solar winds 10.5. CA Technologies 10.6. NETWCOUT 10.7. Riverbed Technology 10.8. BMC Software 10.9. Micro Focus 10.10. Flowmon Networks 10.11. Manage Engine 10.12. Live Action 10.13. Ericsson 10.14. Extreme Networks 10.15. eG Innovations 10.16. Opmantek 10.17. Cubro Network Visibility 10.18. Paessler AG 10.19. ColaSoft

About This Report

Report ID 83857
Category Information Technology & Telecommunication
Published Date February 2021
Updated Date Sep 2022
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