Network Management System Market, By Component (Solution and Services), By Deployment (On-premises and Cloud), By Enterprise (Large Enterprises and Small & Medium Enterprises), By Vertical (IT & Telecom, BFSI, Government, Manufacturing, Transportation & L

Network Management System Market, By Component (Solution and Services), By Deployment (On-premises and Cloud), By Enterprise (Large Enterprises and Small & Medium Enterprises), By Vertical (IT & Telecom, BFSI, Government, Manufacturing, Transportation & Logistics, Healthcare, and Retail), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Network management system market refers to software and hardware tools utilized by enterprises to monitor, configure, provision and manage IT infrastructure and resources within a network. As enterprise networks continue to expand in size and complexity due to trends such as digital transformation, remote working and cloud migration, there will be growing need for robust network management solutions that provide comprehensive visibility across hybrid networks. Network management systems help organizations gain end-to-end visibility into their network architecture, proactively identify issues and streamline operations through automation of routine tasks. Integration of artificial intelligence and analytics capabilities within network management offerings can further augment their functionalities.

Market Dynamics

Global network management system market growth is driven by rising complexity of modern enterprise networks due to widespread adoption of cloud, IoT and 5G technologies. Data security and privacy can hamper the market growth. However, opportunities lie in leveraging advanced technologies like AI and analytics for predictive monitoring and incident resolution. Organizations are focusing more on software-defined, cognitive and cloud-based network management solutions for agility to support changing business needs. Vendors compete based on capabilities around integrated monitoring of physical, virtual and hybrid environments, customizable dashboards and reporting features, scalability and automation. Key players in the network management system market include SolarWinds, IBM, Cisco, Broadcom, ManageEngine and Micro Focus.

Key features of the study

• This report provides in-depth analysis of the global network management system market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global network management system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Cisco, Broadcom CA Technologies, Micro Focus, Juniper Networks, Nokia, Huawei,Paessler, Kentik, Progress, AppNeta HelpSystems, Ericsson, Hewlett Packard Enterprise Company, and Dell Technologies, Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global network management system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global network management system market

Market Segmentation

• By Component Insights (Revenue, USD Bn, 2019 - 2031)
• Solution
• Services
• By Deployment Insights (Revenue, USD Bn, 2019 - 2031)
• On-premises
• Cloud
• By Enterprise Insights (Revenue, USD Bn, 2019 - 2031)
• Large Enterprises
• Small & Medium Enterprises
• By Vertical Insights (Revenue, USD Bn, 2019 - 2031)
• IT & Telecom
• BFSI
• Government
• Manufacturing
• Transportation & Logistics
• Healthcare
• Retail
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC Countries
• Israel
• Rest of Middle East
• Africa
• South Africa
• North Africa
• Central Africa
• Key Players Insights
• Cisco
• Broadcom CA Technologies
• Micro Focus
• Juniper Networks
• Nokia
• Huawei
• Paessler
• Kentik
• Progress
• AppNeta
• HelpSystems
• Ericsson
• Hewlett Packard Enterprise Company
• Dell Technologies, Inc