Network Management Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Network Management Market is accounted for $8,111.87 million in 2017 and is expected to reach $20,874.63 million by 2026 growing at a CAGR of 11.1% during the forecast period.

Gaithersburg, MD, US – March 21, 2018 /MarketersMedia/ —

The rising demand for secure and safe network services and increased usage of IP video, data centers and virtualization products are the key driving factor for the market. Furthermore, evolution & convergence of various technologies, growth in cyber crimes, rising demand for cloud monitoring, emergence of artificial intelligence and increasing necessitate for optimization of business operations are some of the factors boosting the market growth. However, time required for implementation and its complex methodology are some of the factors restraining the market growth.

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Network management is defined as the process of managing a network for fault and performance using various tools and technologies to keep up with the business requirements. It is a combination of both software and hardware which allows monitoring the computer network. The purpose of network management is to achieve an error free network. Network management covers security, reliability and performance of any network.

By services, integration services segment is projected to the biggest revenue contributor followed by consulting and support services. On the basis of industry verticals, Telecom and IT segment is dominating the market with largest market revenue. The North America region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. However, Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.

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Some of the key players in Network Management market include Alcatel-Lucent, Avaya, Axence, BMC Software, Inc., CA Technologies, Cisco Systems, Inc, Compuware Corporation, Hewlett-Packard Development Company, L.P, IBM, InfoVista, Juniper Networks, Inc., ManageEngine, Netscout System, Inc, Solarwinds Worldwide, LLC. and Spiceworks.

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Services Covered:
• Support Services
• Consulting Services
• Integration Services
• Other services

Solutions Covered:
• Ip Address Management
• Network Device Management
• Network Security Management
• Network Performance Monitoring and Management
• Network Traffic Management
• Network Configuration Management
• Other Solutions

Industry verticals Covered:
• Telecommunication and IT
• Banking, Financial Services and Insurance (BFSI)
• Education
• Media and Business Services
• Manufacturing Industries
• Healthcare and Life Sciences
• Defense
• Oil and Gas
• Retail
• Transportation and Logistics
• Energy and Utilities
• Travel and Tourism
• Government
• Other Verticals

End-Users Covered:
• Large enterprises
• Small and Medium Business

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
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Contact Info:
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Email: info@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd

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Source: MarketersMedia

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