Global Network Management System (NMS) Market 2018-2023: Exponential Growth in Global IP Traffic and Cloud Traffic & Prominence of Internet of Things (IoT), AI and SDN
DUBLIN, Oct. 15, 2018 /PRNewswire/ --
The "Network Management System (NMS) Market by Component (Solutions (Standalone and Bundled), and Services), Deployment Type (Cloud and On-premises), End-Users (Verticals and Service Providers), Organization Size, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The Network Management System (NMS) market is expected to grow from USD 6.17 billion in 2018 to USD 10.20 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.
The global growth of the network infrastructure, network modernization, network optimization; and the need for in-depth network visibility are expected to drive market growth.
The objective of the report is to define, describe, and forecast the Network Management System market size by component (solutions and services), deployment type, end-user (verticals and service providers), organization size, and region. Among components, the solutions segment is expected to account for the larger market share during the forecast period. The overall solution segment includes standalone and bundled network management solutions and has a major influence on the NMS market's growth. NMS solutions help network admin to effectively manage network operation and improve business performance.
Among end-users, the verticals segment is expected to hold the largest market share during the forecast period. Moreover, this segment is significant for solution providers in terms of market share. Banking, finance, government, and manufacturing have always been forefront in adopting NMS solutions. It is utmost important for businesses to maintain and upgrade their network infrastructure. All these factors are expected to be the key reason for the rapid adoption of NMS solutions and services by vertical.
North America is expected to account for the largest size in the Network Management System market during the forecast period, followed by Europe. The region has always been the frontrunner in terms of the technology adoption and digitalization of the society. Enterprises and service providers are continuously changing their network infrastructure to cope with the advanced technologies. The rapid changes in the IT infrastructure, such as cloud and virtualization, have significantly increased the pressure on the network admins to manage the network infrastructure.
Hence, the demand for NMS solutions is expected to increase across enterprises and service providers. North America is expected to account for the largest market share in the global NMS market during the forecast period. The proliferation of smartphones increased Distributed Denial of service (DDoS) attacks on networks, and broadband connectivity augmented by the emergence of advanced technologies, such as the Internet of Things (IoT), mobility, and cloud services, in APAC are expected to be the major driving forces behind the growing NMS market. Countries constituting a major portion of the market include China, Japan, South Korea, India, and Australia.
The budgetary constraints on Information Technology (IT) investment and the availability of free and open source network management solutions security may hamper the growth of the market, but for a specific period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Network Management System Market
4.2 Market By Region, 2018-2023
4.3 Market Share of Top 3 Industry Verticals and Regions, 2018
4.4 Market By Organization Size, 2018-2023
4.5 Market Investment Scenario
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 In-Depth Visibility Into Network Security
5.2.1.2 Need of Maintaining Quality of Experience (QOE) and Quality of Service (QOS)
5.2.1.3 Global Growth of Network Infrastructure
5.2.1.4 Better Optimization of Business Operations
5.2.2 Restraints
5.2.2.1 Availability of Free Network Management Tools
5.2.3 Opportunities
5.2.3.1 Exponential Growth in Global Ip Traffic and Cloud Traffic
5.2.3.2 Prominence of Internet of Things (IoT), AI and SDN
5.2.3.3 High Demand for Integrated Nms Solutions Among Businesses
5.2.4 Challenges
5.2.4.1 Difficulties in Selecting the Right Nms Solution Vendor, and the Intense Market Competition
5.2.4.2 Budgetary Constraints on It Investments
5.3 Use Cases
5.3.1 Use Case 1: Appneta
5.3.2 Use Case 2: Ipswitch
5.3.3 Use Case 3: Paessler
5.3.4 Use Cases 5: Flowmon Networks
5.4 Regulatory Landscape
5.4.1 Health Insurance Portability and Accountability Act
5.4.2 General Data Protection Regulation
5.4.3 Gramm-Leach-Bliley Act
5.4.4 The International Organization for Standardization Standard 27001
5.4.5 Health Level Seven International
6 Network Management System Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Standalone Network Management Solutions
6.2.1.1 Network Configuration
6.2.1.2 Network Performance and Monitoring
6.2.1.3 Log and Event Management
6.2.1.4 Cloud, Virtual, and SDN Monitoring
6.2.1.5 Others
6.2.2 Bundled Network Management Solution
6.3 Services
6.3.1.1 Consulting Services
6.3.1.2 Integration and Deployment Services
6.3.1.3 Training, Support and Maintenance Services
7 Market By Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On-Premises
8 Network Management System Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises
9 Market By End-User
9.1 Introduction
9.2 Verticals
9.2.1 Banking, Financial Services, and Insurance
9.2.2 It and Ites
9.2.3 Government
9.2.4 Manufacturing
9.2.5 Healthcare
9.2.6 Retail
9.2.7 Transportation and Logistics
9.2.8 Others
9.3 Service Providers
10 Network Management System Market, By Region
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Germany
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia and New Zealand
10.4.5 Rest of Asia
10.5 Middle East and Africa
10.5.1 Middle East and North Africa
10.5.2 Sub-Saharan Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Mexico
10.6.3 Rest of Latin America
11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 Partnerships, Agreements, and Collaborations
11.2.2 New Product/Service Launches and Product Enhancements
11.2.3 Mergers and Acquisitions
11.2.4 Business Expansions
12 Company Profiles
12.1 Introduction
12.2 Cisco
12.3 IBM
12.4 Solarwinds
12.5 CA Technologies
12.6 Nokia
12.7 Juniper Networks
12.8 Netscout
12.9 Riverbed Technology
12.10 Micro Focus
12.11 Ipswitch
12.12 Extrahop Networks
12.13 Colasoft
12.14 Flowmon Networks
12.15 Manageengine, A Division of Zoho Corporation
12.16 Liveaction
12.17 Paessler
12.18 Sevone
12.19 Appneta
12.20 Extreme Networks
12.21 Helpsystems
12.22 Kaseya
12.23 Accedian
12.24 Viavi Solutions
12.25 BMC Software
12.26 Cubro Network Visibility
12.27 Kentik
For more information about this report visit https://www.researchandmarkets.com/research/5857w3/global_network?w=5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
