Network Management Software Trends and Forecast
The future of the global network management software market looks promising with opportunities in the IT & telecom, BFSI, government & defense, and healthcare markets. The global network management software market is expected to grow with a CAGR of 13.7% from 2024 to 2030. The major drivers for this market are increasing complexity of networks, growing adoption of cloud-based solutions, and rising emphasis on network security & compliance.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Network Management Software by Segment
The study includes a forecast for the global network management software by deployment, application, end use, and region.
Network Management Software Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• On-Premises
• Cloud-Based
Network Management Software Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Network Monitoring
• Network Performance Management
• Configuration Management
• Security Management
• Others
Network Management Software Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• IT & Telecom
• BFSI
• Government & Defense
• Healthcare
• Others
Network Management Software Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Network Management Software Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies network management software companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network management software companies profiled in this report include-
• IBM
• Cisco
• Microsoft
• Hewlett Packard Enterprise
• Broadcom
• SolarWinds
• ManageEngine
• NetScout Systems
• Juniper Networks
• Splunk
Network Management Software Market Insights
Lucintel forecasts that on-premise will remain the larger segment over the forecast period.
Within this market, IT & telecom will remain the largest segment due to rising requirement for robust network infrastructure to support daily operations.
North America will remain the largest region over the forecast period due to the expanding need for enhanced performance and fault management services.
Features of the Global Network Management Software Market
Market Size Estimates: Network management software market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Network management software market size by various segments, such as by deployment, application, end use, and region in terms of value ($B).
Regional Analysis: Network management software market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different deployment, applications, end uses, and regions for the network management software market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the network management software market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q2. What is the growth forecast for network management software market?
Answer: The global network management software market is expected to grow with a CAGR of 13.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the network management software market?
Answer: The major drivers for this market are increasing complexity of networks, growing adoption of cloud-based solutions and rising emphasis on network security & compliance.
Q4. What are the major segments for network management software market?
Answer: The future of the network management software market looks promising with opportunities in the IT & telecom, BFSI, government & defense, and healthcare markets.
Q5. Who are the key network management software market companies?
Answer: Some of the key network management software companies are as follows:
• IBM
• Cisco
• Microsoft
• Hewlett Packard Enterprise
• Broadcom
• SolarWinds
• ManageEngine
• NetScout Systems
• Juniper Networks
• Splunk
Q6. Which network management software market segment will be the largest in future?
Answer: Lucintel forecasts that on-premise will remain the larger segment over the forecast period.
Q7. In network management software market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the expanding need for enhanced performance and fault management services.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the network management software market by deployment (on-premises and cloud-based), application (network monitoring, network performance management, configuration management, security management, and others), end use (IT & telecom, BFSI, government & defense, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Network Management Software Market, Network Management Software Market Size, Network Management Software Market Growth, Network Management Software Market Analysis, Network Management Software Market Report, Network Management Software Market Share, Network Management Software Market Trends, Network Management Software Market Forecast, Network Management Software Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.