Network Management System Market: Global Industry Analysis and Forecast (2023-2029)


Network Management System Market size was valued at US$ 9.20 Bn. in 2022 and the total revenue is expected to grow at 9.53 % through 2023 to 2029, reaching nearly US$ 17.39 Bn.

Network Management System Market Overview:

A network management system (NMS) is a collection of software that enables network administrators to manage the various components of a network within the context of a wider network management framework. This tool can keep track of the hardware and software on a network. A network management system, or NMS, collects data from remote network nodes and sends it to a system administrator for analysis. APIs or a standard like Net Flow are used by network element vendors to give performance data to NMS software. This program's key benefit is that it allows users to manage and monitor all areas of their organization from a single spot.

Network Management System MarketTo know about the Research Methodology :- Request Free Sample Report

Network Management System Market Dynamics:

The government's digitization strategy in both developed and developing countries, as well as rising internet penetration, are important factors driving the global market growth. Other factors projected to boost market growth include increased government spending on IT infrastructure and an increase in the number of internet users.

Other factors expected to support the global market's growth over the forecast period include an increase in the number of mobile phone users, as well as an increase in demand from the digital economy for network management systems to manage and control network functions in order to provide excellent services.

Additionally, rising demand from different industry verticals such as BFSI, government, healthcare, and others is estimated to drive market growth to some extent. Other factors projected to drive market growth include rising data security approaches among service providers, which is resulting in increased need for improved network management systems that give transparency and allow greater optimization in corporate operations.

During the forecast period, technological improvements and increased investment by major players are projected to open up new revenue potential for participants in the target market. Furthermore, increased merger and acquisition activity among regional and international competitors is likely to generate revenue opportunities, which will help the target market develop to some extent.

On the other hand, the vast range of network management tools offered is a major problem that is expected to limit the global market growth.

Network Management System Market Segment Analysis:

Based on the Component, the global market is sub-segmented into Solutions and Services. The Solutions segment held the largest market share of 73% in 2022 and it is expected to grow at the highest CAGR of 8.24% during the forecast period. Security Management, Trouble Shooting, Configuration Management, Performance Management, and Accounting Management are some of the solutions available through NMS. The Solution segment's market share is boosted by rising concerns about data security, as well as increased demand for the deployment of the system for maintaining and monitoring communication infrastructure.

Integration and Deployment, training, support and maintenance, and consulting services are all available through NMS. While the Services segment is expected to increase at the fastest pace of 10.3% over the forecast period. The increased implementation of NMS solutions in cloud and telecom service providers to improve communications infrastructure is driving demand for NMS services such as Continuous integration.

Based on the Deployment, the global  market is sub-segmented into Cloud and On-premises. The On-premises segment held the largest market share of 72% in 2022. In comparison to third-party managed solutions, on-premise solutions may be able to minimize total turnaround time (TAT) while still providing support and maintenance services in the event of failure.

However, during the last several years, the popularity of cloud-based solutions and the preference for the software as a service (SaaS) delivery model, particularly among small and medium businesses (SMEs), has risen dramatically. Cloud-based solutions have a number of advantages, including lower total infrastructure costs, faster solution implementation, and ease of use. Over the projected period, the CAGR for the cloud-based sector is expected to be higher.

Network Management System Market

Regional Insights:

North America held the largest market share of 35.3% in 2022. North America has seen a quick rollout of 5G infrastructure, large investments in new data centers, and rising internet penetration rates. Europe held the 2nd largest market share of 29% in 2022 and it is expected to grow at the highest CAGR of 8.92% in the global network management system during the forecast period. Because of the continuing growth of IoT devices and systems, the growth of the healthcare sector, and the drafting of data protection regulations such as the Data Protection Act of 2018, the area has one of the leading positions in the business (U.K.).

Asia Pacific is expected to grow at the highest CAGR of 9.92% in the global market during the forecast period. The implementation of long-term evolution (LTE) equipment in the Asia Pacific has been growing at a rapid pace. In the meantime, in response to rising urbanization and the concomitant development of the internet, various governments in the region have launched projects to promote digitalization. In addition, some Asia Pacific countries, such as India, China, and Japan, are preparing to establish 5G networks. Such advancements are expected to pave the way for the widespread adoption of network management systems in the region, resulting in considerable possibilities for NMS suppliers throughout the projection period.

The objective of the report is to present a comprehensive analysis of the global 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 has 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 helps in understanding the global Network Management System Market dynamic, structure by analyzing the market segments and project the global Network Management System Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Network Management System Market make the report investor’s guide.

Network Management System Market Scope:Inquire before buying






Network Management System Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 9.20 Bn.




Forecast Period 2023 to 2029 CAGR:
9.53 %
Market Size in 2029:
US $ 17.40 Bn.




 Segments Covered:
by Component
Solutions
Services




by Deployment
Cloud
On-premises




by Enterprise Size
Large Enterprises
SMEs




by End-User
Vertical
Service Provider






Network Management System Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)

Key Players

1. Avaya Inc.
2. Alcatel-Lucent S.A.
3. IBM Corporation
4. Juniper Networks Inc.
5. Cisco Systems Inc.
6. Aruba Network Inc.
7. CA Technologies Inc.
8. Netscout System, Inc.
9. Solarwinds Worldwide
10. LLC
11. BMC Software, Inc.
12. Compuware Corporation
13. Huawei
14. Nokia
15. Riverbed Technology
16. Micro Focus
17. Ipswitch
18. ExtraHop Networks
19. Colasoft
20. Flowmon Networks
21. ManageEngine
22. LiveAction
23. Paessler AG
24. SevOne
25. Cubro Network Visibility

Frequently Asked Questions:

1] What segments are covered in Network Management System Market report?
Ans. The segments covered in Network Management System Market report are based on Component, Deployment, Enterprise Size and End-User.

2] Which region is expected to hold the highest share in the global Network Management System Market?
Ans. North America is expected to hold the highest share in the global Network Management System Market.

3] What is the market size of global Network Management System Market by 2029?
Ans. The market size of global Network Management System Market by 2029 is US $ 17.39 Bn.

4] Who are the top key players in the global Network Management System Market?
Ans. Avaya Inc., Alcatel-Lucent S.A., IBM Corporation, Juniper Networks Inc., Cisco Systems Inc. and Aruba Network Inc. are the top key players in the global Network Management System Market.

5] What was the market size of global Network Management System Market in 2022?
Ans. The market size of global Network Management System Market in 2022 was US $ 9.20 Bn. 





Global Network Management System Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology

3. Executive Summary
3.1. Global Network Management System Market Size, by Market Value (US$ Bn) and Market, by Region

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis

5. Global Network Management System Market Analysis and Forecast
5.1. Global Network Management System Market Analysis and Forecast
5.2. Global Network Management System Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America

6. Global Network Management System Market Analysis and Forecast, by Component
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Network Management System Market Value Share Analysis, by Component
6.4. Market Size (US$ Bn) Forecast, by Component
6.5. Network Management System Market Analysis, by Component
6.6. Global Network Management System Market Attractiveness Analysis, by Component

7. Global Network Management System Market Analysis and Forecast, by Development Type
7.1. Introduction and Definition
7.2. Global Network Management System Market Value Share Analysis, by Development Type
7.3. Market Size (US$ Bn) Forecast, by Development Type
7.4. Global Network Management System Market Analysis, by Development Type
7.5. Global Network Management System Market Attractiveness Analysis, by Development Type

8. Global Network Management System Market Analysis and Forecast, by End user
8.1. Introduction and Definition
8.2. Global Network Management System Market Value Share Analysis, by End user
8.3. Market Size (US$ Bn) Forecast, by End user
8.4. Global Network Management System Market Analysis, by End user
8.5. Global Network Management System Market Attractiveness Analysis, by End user

9. Global Network Management System Market Analysis, by Region
9.1. Global Network Management System Market Value Share Analysis, by Region
9.2. Market Size (US$ Bn) Forecast, by Region
9.3. Global Network Management System Market Attractiveness Analysis, by Region

10. North America Network Management System Market Analysis
10.1. Key Findings
10.2. North America Network Management System Market Overview
10.3. North America Network Management System Market Value Share Analysis, by Component
10.4. North America Network Management System Market Forecast, by Component
10.4.1. Service
10.4.2. Industrial
10.5. North America Network Management System Market Value Share Analysis, by Development Type
10.6. North America Network Management System Market Forecast, by Development Type
10.6.1. GPU
10.6.2. MPU
10.7. North America Network Management System Market Value Share Analysis, by End user
10.8. North America Network Management System Market Forecast, by End user
10.8.1. Machine Learning
10.8.2. Computer Vision
10.9. North America Network Management System Market Analysis, by Country
10.10. U.S. Network Management System Market Forecast, by Component
10.10.1. Solution
10.10.2. Service
10.11. U.S. Network Management System Market Forecast, by Development Type
10.11.1. GPU
10.11.2. MPU
10.12. U.S. Network Management System Market Forecast, by End user
10.12.1. Vertical
10.12.2. Service provider
10.13. Canada Network Management System Market Forecast, by Component
10.13.1. Solution
10.13.2. Service
10.14. Canada Network Management System Market Forecast, by Development Type
10.14.1. GPU
10.14.2. MPU
10.15. Canada Network Management System Market Forecast, by End user
10.15.1. Vertical
10.15.2. Service provider
10.16. North America Network Management System Market Attractiveness Analysis
10.16.1. By Component
10.16.2. By Development Type
10.16.3. By End user
10.16.4. By Application
10.17. PEST Analysis

11. Europe Network Management System Market Analysis
11.1. Key Findings
11.2. Europe Network Management System Market Overview
11.3. Europe Network Management System Market Value Share Analysis, by Component
11.4. Europe Network Management System Market Forecast, by Component
11.4.1. Solution
11.4.2. Service
11.5. Europe Network Management System Market Value Share Analysis, by Development Type
11.6. Europe Network Management System Market Forecast, by Development Type
11.6.1. GPU
11.6.2. MPU
11.7. Europe Network Management System Market Value Share Analysis, by End user
11.8. Europe Network Management System Market Forecast, by End user
11.8.1. Vertical
11.8.2. Service provider
11.9. Europe Network Management System Market Value Share Analysis, by Country
11.10. Europe Network Management System Market Forecast, by Country
11.10.1.1. Germany
11.10.1.2. U.K.
11.10.1.3. France
11.10.1.4. Italy
11.10.1.5. Spain
11.10.1.6. Rest of Europe
11.11. Europe Network Management System Market Analysis, by Country/ Sub-region
11.12. Germany Network Management System Market Forecast, by Component
11.12.1. Solution
11.12.2. Service
11.13. Germany Network Management System Market Forecast, by Development Type
11.13.1. Cloud
11.13.2. On-premises
11.14. Germany Network Management System Market Forecast, by End user
11.14.1. Vertical
11.14.2. Service provider
11.15. U.K. Network Management System Market Forecast, by Component
11.15.1. Solution
11.15.2. Service
11.15.3. Heavy Commercial Vehicle
11.16. U.K. Network Management System Market Forecast, by Development Type
11.16.1. Cloud
11.16.2. On-premises
11.17. U.K. Network Management System Market Forecast, by End user
11.17.1. Vertical
11.17.2. Service provider
11.18. France Network Management System Market Forecast, by Component
11.18.1. Solution
11.18.2. Service
11.19. France Network Management System Market Forecast, by Development Type
11.19.1. Cloud
11.19.2. On-premises
11.20. France Network Management System Market Forecast, by End user
11.20.1. Vertical
11.20.2. Service provider
11.21. Italy Network Management System Market Forecast, by Component
11.21.1. Solution
11.21.2. Service
11.22. Italy Network Management System Market Forecast, by Development Type
11.22.1. Cloud
11.22.2. On-premises
11.23. Italy Network Management System Market Forecast, by End user
11.23.1. vertical
11.23.2. service provider
11.24. Spain Network Management System Market Forecast, by Component
11.24.1. Solution
11.24.2. Service
11.25. Spain Network Management System Market Forecast, by Development Type
11.25.1. Cloud
11.25.2. On-premises
11.26. Spain Network Management System Market Forecast, by End user
11.26.1. Vertical
11.26.2. Service provider
11.27. Rest of Europe Network Management System Market Forecast, by Component
11.27.1. Solution
11.27.2. Service
11.28. Rest of Europe Network Management System Market Forecast, by Development Type
11.28.1. Cloud
11.28.2. On-premises
11.29. Rest of Europe Network Management System Market Forecast, by End user
11.29.1. Vertical
11.29.2. Service provider
11.30. Europe Network Management System Market Attractiveness Analysis
11.30.1. By Component
11.30.2. By Development Type
11.30.3. By End user
11.30.4. By Application
11.31. PEST Analysis

12. Asia Pacific Network Management System Market Analysis
12.1. Key Findings
12.2. Asia Pacific Network Management System Market Overview
12.3. Asia Pacific Network Management System Market Value Share Analysis, by Component
12.4. Asia Pacific Network Management System Market Forecast, by Component
12.4.1. Solution
12.4.2. Service
12.5. Asia Pacific Network Management System Market Value Share Analysis, by Development Type
12.6. Asia Pacific Network Management System Market Forecast, by Development Type
12.6.1. Solution
12.6.2. Service
12.7. Asia Pacific Network Management System Market Value Share Analysis, by End user
12.8. Asia Pacific Network Management System Market Forecast, by End user
12.8.1. Vertical
12.8.2. Service provider
12.9. Asia Pacific Network Management System Market Value Share Analysis, by Application
12.10. Asia Pacific Network Management System Market Value Share Analysis, by Country
12.11. Asia Pacific Network Management System Market Forecast, by Country
12.11.1. China, 2018–2026
12.11.2. India, 2018–2026
12.11.3. Japan, 2018–2026
12.11.4. ASEAN, 2018–2026
12.11.5. Rest of Asia Pacific, 2018–2026
12.12. Asia Pacific Network Management System Market Analysis, by Country/ Sub-region
12.13. China Network Management System Market Forecast, by Component
12.13.1. Solution
12.13.2. Service
12.14. China Network Management System Market Forecast, by Development Type
12.14.1. Cloud
12.14.2. On-premises
12.15. China Network Management System Market Forecast, by End user
12.15.1. Vertical
12.15.2. Service provider
12.16. India Network Management System Market Forecast, by Component
12.16.1. Solution
12.16.2. Service
12.17. India Network Management System Market Forecast, by Development Type
12.17.1. Cloud
12.17.2. On-premises
12.18. India Network Management System Market Forecast, by End user
12.18.1. Vertical
12.18.2. Service provider
12.19. Japan Network Management System Market Forecast, by Component
12.19.1. Solution
12.19.2. Service
12.20. Japan Network Management System Market Forecast, by Development Type
12.20.1. Cloud
12.20.2. On-premises
12.21. Japan Network Management System Market Forecast, by End user
12.21.1. Vertical
12.21.2. Service provider
12.22. ASEAN Network Management System Market Forecast, by Component
12.22.1. Solution
12.22.2. Service
12.23. ASEAN Network Management System Market Forecast, by Development Type
12.23.1. GPU
12.23.2. MPU
12.24. ASEAN Network Management System Market Forecast, by End user
12.24.1. Vertical
12.24.2. Service provider
12.25. Rest of Asia Pacific Network Management System Market Forecast, by Component
12.25.1. Solution
12.25.2. Service
12.26. Rest of Asia Pacific Network Management System Market Forecast, by Development Type
12.26.1. Cloud
12.26.2. On-premises
12.27. Rest of Asia Pacific Network Management System Market Forecast, by End user
12.27.1. Vertical
12.27.2. Service provider
12.28. Asia Pacific Network Management System Market Attractiveness Analysis
12.28.1. By Component
12.28.2. By Development Type
12.28.3. By End user
12.28.4. By Application
12.29. PEST Analysis

13. Middle East & Africa Network Management System Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Network Management System Market Overview
13.3. Middle East & Africa Network Management System Market Value Share Analysis, by Component
13.4. Middle East & Africa Network Management System Market Forecast, by Component
13.4.1. Solution
13.4.2. Service
13.5. Middle East & Africa Network Management System Market Value Share Analysis, by Development Type
13.6. Middle East & Africa Network Management System Market Forecast, by Development Type
13.6.1. Cloud
13.6.2. On-premises
13.7. Middle East & Africa Network Management System Market Value Share Analysis, by End user
13.8. Middle East & Africa Network Management System Market Forecast, by End user
13.8.1. Vertical
13.8.2. Service provider
13.9. Middle East & Africa Network Management System Market Value Share Analysis, by Application
13.10. Middle East & Africa Network Management System Market Value Share Analysis, by Country
13.11. Middle East & Africa Network Management System Market Forecast, by Country
13.11.1. GCC, 2018–2026
13.11.2. South Africa, 2018–2026
13.11.3. Rest of Middle East & Africa, 2018–2026
13.12. Middle East & Africa Network Management System Market Analysis, by Country/ Sub-region
13.13. GCC Network Management System Market Forecast, by Component
13.13.1. Solution
13.13.2. Service
13.14. GCC Network Management System Market Forecast, by Development Type
13.14.1. Cloud
13.14.2. On-premises
13.15. GCC Network Management System Market Forecast, by End user
13.15.1. Vertical
13.15.2. Service provider
13.16. South Africa Network Management System Market Forecast, by Component
13.16.1. Solution
13.16.2. Service
13.17. South Africa Network Management System Market Forecast, by Development Type
13.17.1. Vertical
13.17.2. Service provider
13.18. South Africa Network Management System Market Forecast, by End user
13.18.1. Vertical
13.18.2. Service provider
13.19. Rest of Middle East & Africa Network Management System Market Forecast, by Component
13.19.1. Solution
13.19.2. Service
13.20. Rest of Middle East & Africa Network Management System Market Forecast, by Development Type
13.20.1. Cloud
13.20.2. On-premises
13.21. Rest of Middle East & Africa Network Management System Market Forecast, by End user
13.21.1. Vertical
13.21.2. Service provider
13.22. Rest of Middle East & Africa Network Management System Market Forecast, by Application
13.22.1. Public Relations
13.22.2. Stock Management
13.22.3. Others
13.23. Middle East & Africa Network Management System Market Attractiveness Analysis
13.23.1. By Component
13.23.2. By Development Type
13.23.3. By End user
13.23.4. By Application
13.24. PEST Analysis

14. Latin America Network Management System Market Analysis
14.1. Key Findings
14.2. Latin America Network Management System Market Overview
14.3. Latin America Network Management System Market Value Share Analysis, by Component
14.4. Latin America Network Management System Market Forecast, by Component
14.4.1. Solution
14.4.2. Service
14.5. Latin America Network Management System Market Value Share Analysis, by Development Type
14.6. Latin America Network Management System Market Forecast, by Development Type
14.6.1. Cloud
14.6.2. On-premises
14.7. Latin America Network Management System Market Value Share Analysis, by End user
14.8. Latin America Network Management System Market Forecast, by End user
14.8.1. Vertical
14.8.2. Service provider
14.9. Latin America Network Management System Market Value Share Analysis, by Application
14.10. Latin America Network Management System Market Value Share Analysis, by Country
14.11. Latin America Network Management System Market Forecast, by Country
14.11.1.1. Brazil, 2018–2026
14.11.1.2. Mexico, 2018–2026
14.11.1.3. Rest of Latin America, 2018–2026
14.12. Latin America Network Management System Market Analysis, by Country/ Sub-region
14.13. Brazil Network Management System Market Forecast, by Component
14.13.1. Solution
14.13.2. Service
14.14. Brazil Network Management System Market Forecast, by Development Type
14.14.1. Cloud
14.14.2. On-premises
14.15. Brazil Network Management System Market Forecast, by End user
14.15.1. Vertical
14.15.2. Service provider
14.16. Brazil Network Management System Market Forecast, by Application
14.16.1. Public Relations
14.16.2. Stock Management
14.16.3. Others
14.17. Mexico Network Management System Market Forecast, by Component
14.17.1. Solution
14.17.2. Service
14.18. Mexico Network Management System Market Forecast, by Development Type
14.18.1. Cloud
14.18.2. On-premises
14.19. Mexico Network Management System Market Forecast, by End user
14.19.1. Vertical
14.19.2. Service provider
14.20. Rest of Latin America Network Management System Market Forecast, by Component
14.20.1. Solution
14.20.2. Service
14.21. Rest of Latin America Network Management System Market Forecast, by Development Type
14.21.1. Cloud
14.21.2. On-premises
14.22. Rest of Latin America Network Management System Market Forecast, by End user
14.22.1. Vertical
14.22.2. Service provider
14.23. Latin America Network Management System Market Attractiveness Analysis
14.23.1. By Component
14.23.2. By Development Type
14.23.3. By End user
14.23.4. By Application
14.24. PEST Analysis

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.3. Company Profiles: Key Players
15.3.1. ABB
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Business Strategy
15.3.1.4. Recent Developments
15.3.1.5. Stock Management Footprint
15.3.2. Avaya Inc.
15.3.3. Alcatel-Lucent S.A.
15.3.4. IBM Corporation
15.3.5. Juniper Networks Inc.
15.3.6. Cisco Systems Inc.
15.3.7. Aruba Network Inc.
15.3.8. CA Technologies Inc.
15.3.9. Netscout System, Inc.
15.3.10. Solarwinds Worldwide
15.3.11. LLC
15.3.12. BMC Software, Inc.
15.3.13. Compuware Corporation
15.3.14. Huawei
15.3.15. Nokia
15.3.16. Riverbed Technology
15.3.17. Micro Focus
15.3.18. Ipswitch
15.3.19. ExtraHop Networks
15.3.20. Colasoft
15.3.21. Flowmon Networks
15.3.22. ManageEngine
15.3.23. LiveAction
15.3.24. Paessler AG
15.3.25. SevOne
15.3.26. Cubro Network Visibility

16. Primary Key Insights
  • INQUIRE BEFORE BUYING