Network Management System Market worth $19.45 billion by 2030, growing at a CAGR of 10.89% - Exclusive Report by 360iResearch

The "Network Management System Market by Component (Platform, Services, Solutions), Deployment (On-Cloud, On-Premise), Service Provider, Vertical - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Network Management System Market to grow from USD 9.43 billion in 2023 to USD 19.45 billion by 2030, at a CAGR of 10.89%.

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A network management system (NMS) is a suite of applications that enables network engineers and IT staff to manage, monitor, and maintain a variety of network components within a centralized framework. It encompasses a broad set of functions, including fault diagnosis, configuration management, performance monitoring, security oversight, and bandwidth analysis. The proliferation of NMS use is largely attributable to the rising complexity and scale of modern networks, coupled with the growing importance of network dependability in business operations. The elevation of Internet of Things (IoT) devices, the transition to cloud services, and the demand for higher network availability are accelerating the need for sophisticated management tools. However, high initial costs and the potential for system over-dependence leading to a single point of failure can impact the utility of NMS. Organizations are expected to prioritize scalable NMS solutions that offer modular and customizable features, allowing for phased implementation and cost management. The future for NMS is promising, with opportunities driven by advancements in AI, ML, and automation. As networks continue to grow with 5G and next-generation technologies, there will be an increasing demand for NMS solutions that can manage vast, complex infrastructures efficiently.

In the Americas, particularly the United States and Canada, there is a high adoption rate due to the presence of a large number of technology firms and advanced infrastructure, which necessitates robust NMS for efficient operations. Production in this region is driven by innovation, with major regional companies supporting a mature market with a strong emphasis on integrating AI and ML into NMS. The APAC region is marked by rapid growth and expansion, fueled by the increasing deployment of telecom and IT services, particularly in emerging economies such as China, India, and Southeast Asian countries. Production here is also bolstered by local players who offer cost-effective solutions, catering to the large SMB sector. Moreover, government initiatives to improve digital infrastructure contribute to the region's NMS market expansion. The adoption in Europe complies with stringent regulatory standards on data protection and network security, influencing the kind of NMS solutions deployed. Companies in this region focus on compliance and high-quality service delivery. In the Middle East and Africa, the market is evolving with investments in new technology and infrastructure projects, often led by collaborations with multinational corporations, which stimulates the need for sophisticated NMS solutions.

Market Segmentation & Coverage:

This research report categorizes the Network Management System Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Platform, Services, and Solutions. The Services is further studied across Consulting Services, Integration & Deployment Services, and Training, Support & Maintenance Services. The Solutions is further studied across Cloud Monitoring, Log & Event Management, Network Configuration, Network Performance & Monitoring, Software-Defined Networking Monitoring, and Virtual Monitoring. The Solutions commanded largest market share of 38.39% in 2023, followed by Services.

Based on Deployment, market is studied across On-Cloud and On-Premise. The On-Cloud commanded largest market share of 64.05% in 2023, followed by On-Premise.

Based on Service Provider, market is studied across Cloud Service Providers, Managed Service Providers, and Telecom Service Provider. The Telecom Service Provider commanded largest market share of 42.03% in 2023, followed by Cloud Service Providers.

Based on Vertical, market is studied across Banking, Financial Services, and Insurance, Government, Healthcare, IT & Telecom, Manufacturing, Retail, and Transportation & Logistics. The IT & Telecom commanded largest market share of 34.84% in 2023, followed by Banking, Financial Services, and Insurance.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.19% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Network Management System Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Network Management System Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Network Management System Market, highlighting leading vendors and their innovative profiles. These include Amazon Web Services, Inc., Auvik Networks Inc., BMC Software, Inc., Broadcom Inc., Cisco Systems, Inc., Cloudflare, Inc., Colasoft, Cubro Acronet GesmbH, Datadog Inc., ExtraHop Networks, Inc., Google LLC by Alphabet Inc., Huawei Technologies Co., Ltd, Icinga GmbH, International Business Machines Corporation, Juniper Networks, Inc., Kentik Technologies, Inc., LiveAction, Inc., Micro Focus International PLC, Microsoft Corporation, Nagios Enterprises, LLC, NETSCOUT Systems, Inc., Nexog Ltd, NinjaOne, LLC, Nokia Corporation, Oracle Corporation, Paessler AG, Progress Software Corporation, Riverbed Technology, Inc., Siemens AG, SolarWinds Corporation, VIAVI Solutions Inc., and Zoho Corporation Pvt. Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Network Management System Market, by Component
7. Network Management System Market, by Deployment
8. Network Management System Market, by Service Provider
9. Network Management System Market, by Vertical
10. Americas Network Management System Market
11. Asia-Pacific Network Management System Market
12. Europe, Middle East & Africa Network Management System Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Network Management System Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Network Management System Market?
3. What is the competitive strategic window for opportunities in the Network Management System Market?
4. What are the technology trends and regulatory frameworks in the Network Management System Market?
5. What is the market share of the leading vendors in the Network Management System Market?
6. What modes and strategic moves are considered suitable for entering the Network Management System Market?

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