Network Management System Market 2022 To 2027 Would Cover Detailed Trends Analysis, Professional and Technical Industry Vision Throughout The World
Network Management System Market size was valued at US$ 7.67 Bn. in 2020 and the total revenue is expected to grow at 9.53 % through 2021 to 2027, reaching nearly US$ 14.51 Bn.
Network Management System Market Definition:
MMR, market research and consulting organization, has released a new study titled "Network Management System market - outlook to 2027". Industries’ constant focus on reducing the operational cost and increased attention on core business, and the need to improve scalability are expected to shape the Network Management System market to grow at a CAGR of %.
According to an Analyst at MMR, the Network Management System market will experience significant growth during the forecast period due to potential opportunities lying in the market. The market drivers are:
COVID-19 Impact:
Our team is working on the COVID 19 impact on various industry verticals and provide authenticate data to the client this data helps us understand the market situation. To understand the influence and factors of the COVID 19 on the Network Management System market with our expert monitoring which explains all the impacting factors and COVID impact on each key player are explained in the report.
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Network Management System Market Segmentation:
The global market for network management systems is further divided into solutions and services based on component. In 2020, the Solutions sector had a market share of 73 percent, and over the forecast period, it is anticipated to grow at the highest CAGR of 8.24 percent. Some of the solutions provided by NMS include security management, troubleshooting, configuration management, performance management, and accounting management. Growing worries about data security and increased need for the deployment of the system for maintaining and monitoring communication infrastructure both contribute to the Solution segment's market share growth.
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Network Management System Market Key Players:• Avaya Inc. • Alcatel-Lucent S.A. • IBM Corporation • Juniper Networks Inc. • Cisco Systems Inc. • Aruba Network Inc. • CA Technologies Inc. • Netscout System, Inc. • Solarwinds Worldwide • LLC • BMC Software, Inc. • Compuware Corporation • Huawei • Nokia • Riverbed Technology • Micro Focus • Ipswitch • ExtraHop Networks • Colasoft • Flowmon Networks • ManageEngine • LiveAction • Paessler AG • SevOne • Cubro Network Visibility
The report provides a detailed analysis and forecast of the industry covering the following key features:
Industry outlook includes current and future market drivers, restraints, trends, challenges, emerging technologies, and recent developments.
Key industry developments and key insights
Significant marketing factors such as driver, restraints, opportunity, and challenges
Number of significant companies and their revenue and net income
Other market trends
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