Global Network Configuration and Change Management (NCCM) Market Size, Trends & Growth Opportunity, By Component (Software, and Services), By Deployment (On-Premise, and On-Demand), By Organization Type (Small and Medium Size Enterprises, and Large Enterp

Global Network Configuration and Change Management (NCCM) Market Size, Trends & Growth Opportunity, By Component (Software, and Services), By Deployment (On-Premise, and On-Demand), By Organization Type (Small and Medium Size Enterprises, and Large Enterprises), By Region and Forecast till 2027.

Network Configuration and Change Management (NCCM) Market

The global Network Configuration and Change Management market was valued at US$ 1.6 billion in 2021 and it is expected to reach at US$ 2.8 billion in 2027 at a CAGR of 6 % during forecast period 2022-2027.

Network Configuration and change management (NCCM) technology helps to minimize human errors resulting from manual configuration changes, thereby reduce network downtime. Also, it gives immediate notification on the change, hence providing real time notifications and alerts. NCCM continuously monitor device configurations which helps in better management of network configuration files in multi-vendor network environment.

Market Drivers

Increase in network size and complexity as a direct consequence of the business’s expansion is considered as key driving factor which is expected to boost the Network Configuration and Change Management (NCCM) Market growth. Furthermore, continuous addition of new devices and technologies and addressing business demands will positively contribute the market growth. Moreover, cost reduction is the main advantage of network configuration and change management which is expected to propel the market growth. In addition to that, advent of networking technologies such as software-defined network and Network Function Virtualization will increase the demand for network NCCM over the forecast period.

Market Restraints

However, reluctance to change the standard procedures is the major challenging factor which is expected to hamper the Network Configuration and Change Management (NCCM) Market growth during this analysis period.

COVID-19 Impact

Due to Outbreak of Covid-19 pandemic companies switch towards work from home as lockdown is impose by government to stop the spread of virus. Cybersecurity plays a key role to manage fraud risk management as companies need continuous monitoring for violations and digital entry points which positively influence market growth.

Recent Development

In 2022, Monalytic patterned with SolarWinds to provide public sector clients with professional service.In 2021 Cisco’s launched Awards event. SolarWinds allotte MTech as the best provider for China and ITOM authorize to solve IT challenges.

Market Segmentation

Network Configuration and Change Management (NCCM) Market is segmented into component such as Software, and Services, by deployment such as On-Premise, and On-Demand, by Organization Type such as Small and Medium Size Enterprises, and Large Enterprises. Further, market is segmented into vertical such as BFSI, Healthcare, Education, IT & Telecom, Energy, and Others.

Also, Network Configuration and Change Management (NCCM) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Alterpoint, Bmc Software, CA Technologies, Cisco, Dorado Software, Emc Corporation, IBM, Hewlett Packard, and Manageengine etc.

Market Taxonomy

By Component

• Software
• Services

By Deployment

• On-Premise
• On-Demand

By Organization Type

• Small and Medium Size Enterprises
• Large Enterprises

By Vertical

• BFSI
• Healthcare
• Education
• IT & Telecom
• Energy
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Network Configuration and Change Management (NCCM) Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?