Network Management System Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Global Network Management System Market size will grow at over 9.4% CAGR from 2024 to 2032, fueled by the surge in network technology launches and advancements.
Organizations are increasingly adopting these systems to navigate the complexities and scale of modern networks by integrating new technologies to boost performance and reliability. Advanced network management tools offer real-time monitoring, automated troubleshooting, and optimized resource allocation. For example, in February 2023, D-Link rolled out two versions of its D-View 8 Network Management System, The Enterprise Edition (DV-800E) and The Standard Edition (DV-800S). These solutions deliver scalable network monitoring, traffic management, and customizable dashboards for enhanced real-time visibility.
The market is segregated into component, deployment, organization size, end-user industry, and region.
In terms of component, the services segment in the network management system industry may experience a significant CAGR through 2032. These systems integrate diverse service components to boost functionality. Innovations like AI and machine learning are refining issue detection and resolution, adapting to shifting network demands. This integration is steering the future of network management systems towards more efficient operations.
By deployment, the network management system market value from the cloud segment is projected to rise from 2024 to 2032, driven by rising demand for flexibility and scalability. Organizations are turning to cloud-based systems to streamline operations and minimize reliance on on-premises hardware. This cloud-centric approach facilitates centralized management, scalability, and real-time updates across diverse network environments.
Regionally, the Europe network management system industry size is projected to witness significant growth between 2024 and 2032, spurred by regulatory compliance needs. Organizations are leveraging these systems to meet stringent regulations and data protection standards. This focus on compliance is guiding the evolution of network management systems to uphold data protection and operational transparency across Europe.
Chapter 1 Methodology and Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Technology providers
3.2.2 Software developers
3.2.3 System integrators
3.2.4 Managed service providers
3.2.5 End users
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Rising demand for streamlining wide networks among enterprises
3.8.1.2 Reduced costs, increased efficiency, and reduced downtime offered by the network management systems Diminishing costs due to advancing technology
3.8.1.3 Advancements in network technology
3.8.1.4 Cloud-based NMS adoption
3.8.2 Industry pitfalls and challenges
3.8.2.1 Lack of skilled workforce to operate the software
3.8.2.2 High implementation costs
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Component, 2021 - 2032 ($Bn)
5.1 Key trends
5.2 Solutions
5.2.1 Configuration management
5.2.2 Performance management
5.2.3 Security management
5.2.4 Fault management
5.2.5 Accounting management
5.3 Services
5.3.1 Consulting
5.3.2 Implementation
5.3.3 Support and maintenance
Chapter 6 Market Estimates and Forecast, By Deployment, 2021 - 2032 ($Bn)
6.1 Key trends
6.2 On-premises
6.3 Cloud
Chapter 7 Market Estimates and Forecast, By Organization Size, 2021 - 2032 ($Bn)
7.1 Key trends
7.2 Large enterprises
7.3 SMEs
Chapter 8 Market Estimates and Forecast, By End-User Industry, 2021 - 2032 ($Bn)
8.1 Key trends
8.2 IT and telecom
8.3 BFSI
8.4 Government
8.5 Manufacturing
8.6 Healthcare
8.7 Transportation and logistics
8.8 Retail
8.9 Others
Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 ($Bn)