The global Network Management System (NMS) market was worth 7 Billion US dollars in 2020 and is estimated that it will reach 11 billion US dollars by the end of 2026, registering a CAGR of 9.4% between 2021 and 2026.
Now a days, the network management acts as an important part of businesses which plays a crucial role in the development of business operations and also most of the organizations are investing in modern network infrastructure technologies such as cloud services, SDN, network function virtualizations and IP networks, fixed and mobile broadband network, mobility, network orchestration, to streamline the business operations.
Growing data traffic across the globe helps the growth of the market in the upcoming years.
The growth of the global Network Management System (NMS) market is due to the rising need for in depth visibility into network security and quality of service and the growing infrastructure which helps the growth of the market during the significant period.
Other factors that support the growth of the global Network Management System (NMS) market include benefits such as exponential growth in the global internet protocol traffic and cloud traffic, prominence of Internet of Things helps the market to grow further. Furthermore, adoption of SDN technologies, emergence of hybrid cloud approach are some of the major driving factors which propels the growth of the market.
However, high costs associated with the network management system tools and lack of awareness of network management systems are some of the restraints which hinders the growth of the Network Management System (NMS) market.
Market Segmentation Analysis
Among these segments, the cloud deployment segment holds the major share of the market.
The services segment is expected to hold the dominance of the market attributed wide adoption of network management system solutions across enterprises as well as service providers.
Among these segments, the large enterprises segment holds the major share of the market and will dominate the market during the forecast period.
The service providers segment is again bifurcated into telecom service provider, cloud service provider, managed service provider and other types. The verticals segment is further bifurcated into banking, financial services and insurance, IT and Ites, government, manufacturing, healthcare, retail, transportation and logistics, education and hospitality. The service providers segment is expected to have the highest CAGR during the forecast period and will hold the dominance.
North America holds the major share of the Network Management System (NMS) market, due to the the rapid adoption of advanced technologies and also the infrastructure which helps them to visualize their IT infrastructure and also to facilitate the advanced network management and also increasing of R & D as well as the technological advancements in the Network Management System (NMS) helps the growth of the market.
Asia Pacific is expected to increase the market value owing to the factors such as proliferation of smartphones, continued rollout of cellular and broadband networks and also the burgeoning popularity of cloud based solutions and services and IoT (Internet of Things) promotes the growth of the market of Network Management System (NMS) in this region.
Europe is expected to increase the growth of the Network Management System (NMS) market followed by North America region and Asia Pacific region due to the increasing of investments by the companies for the latest developments during the forecast period.
The main players in the market are Paessler AG (Germany), SevOne (US), Cubro Network Visibility (Austria), Kentik (US), VIAVI Solutions (US), Accedian (Canada), Kaseya (US), HelpSystems (US), Extreme Networks (US), CA Technologies (Broadcom) (US), NETSCOUT (US), Riverbed Technology (US), Micro Focus (UK), Cisco (US), IBM (US), Huawei (China), Juniper Networks (US), Nokia (Finland), SolarWinds(US), Ipswitch (Progress) (US), BMC Software (US), ExtraHop Networks (US), Colasoft (China), Flowmon Networks (Czech Republic), ManageEngine (US), LiveAction (US), AppNeta (US), Ericsson (Sweden), eG Innovations (US), and Opmantek (Australia).
COVID 19 disrupted the global economy in distinct ways. Lockdown restrictions and work from home flexibility pushed the demand for the network management system market across the globe. There is need to enhance the quality of the service that is propelling the growth rate of this market in these tough times.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Network Management System (NMS) Market, By Deployment Type
6.1.1 on premises deployment type
6.1.2 cloud deployment type
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Network Management System (NMS) Market, By Component
6.2.4 Market Size Estimations & Forecasts (2021-2026)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Network Management System (NMS) Market, By Organization Size
6.3.1 small and medium size enterprises
6.3.2 large enterprises
6.3.3 Market Size Estimations & Forecasts (2021-2026)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Network Management System (NMS) Market, By End User
6.4.1 service providers
6.4.3 Market Size Estimations & Forecasts (2021-2026)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Deployment Type
7.2.3 By Component
7.2.4 By Organization Size
7.2.5 By End User
7.3.1 By Country
126.96.36.199 Rest of Europe
7.3.2 By Deployment Type
7.3.3 By Component
7.3.4 By Organization Size
7.3.5 By End User
7.4 Asia Pacific
7.4.1 By Country
188.8.131.52 South Korea
184.108.40.206 South East Asia
220.127.116.11 Australia & NZ
18.104.22.168 Rest of Asia-Pacific
7.4.2 By Deployment Type
7.4.3 By Component
7.4.4 By Organization Size
7.4.5 By End User
7.5 Latin America
7.5.1 By Country
22.214.171.124 Rest of Latin America
7.5.2 By Deployment Type
7.5.3 By Component
7.5.4 By Organization Size
7.5.5 By End User
7.6 Middle East and Africa
7.6.1 By Country
126.96.36.199 Middle East
7.6.2 By Deployment Type
7.6.3 By Component
7.6.4 By Organization Size
7.6.5 By End User
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Paessler AG
8.4 Cubro Network Visibility
8.6 VIAVI Solutions
8.10 Extreme Networks
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures