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Excellent Growth of Network Management Market in 2018 by Top Players: Alcatel-Lucent, Avaya, Axence, BMC Software, CA Technologies, Compuware Corporation

07-25-2018 09:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

Industry Highlights

Network management is defined as the process of managing a network for fault and performance using various tools and technologies to keep up with the business requirements. It is a combination of both software and hardware which allows monitoring the computer network. The purpose of network management is to achieve an error free network. Network management covers security, reliability and performance of any network.

According to Market Prognosis, the Global Network Management Market is accounted for $8,111.87 million in 2017 and is expected to reach $20,874.63 million by 2026 growing at a CAGR of 11.1% during the forecast period. The rising demand for secure and safe network services and increased usage of IP video, data centers and virtualization products are the key driving factor for the market. Furthermore, evolution & convergence of various technologies, growth in cyber crimes, rising demand for cloud monitoring, emergence of artificial intelligence and increasing necessitate for optimization of business operations are some of the factors boosting the market growth. However, time required for implementation and its complex methodology are some of the factors restraining the market growth.

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Market Top Player’s

Some of the key players in Network Management market include Alcatel-Lucent, Avaya, Axence, BMC Software, Inc., CA Technologies, Cisco Systems, Inc, Compuware Corporation, Hewlett-Packard Development Company, L.P, IBM, InfoVista, Juniper Networks, Inc., ManageEngine, Netscout System, Inc, Solarwinds Worldwide, LLC. and Spiceworks.

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Market Segments

By services, integration services segment is projected to the biggest revenue contributor followed by consulting and support services. On the basis of industry verticals, Telecom and IT segment is dominating the market with largest market revenue. The North America region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. However, Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.

Services Covered:
• Support Services
• Consulting Services
• Integration Services
• Other services
Solutions Covered:
• Ip Address Management
• Network Device Management
• Network Security Management
• Network Performance Monitoring and Management
• Network Traffic Management
• Network Configuration Management
• Other Solutions
Industry verticals Covered:
• Telecommunication and IT
• Banking, Financial Services and Insurance (BFSI)
• Education
• Media and Business Services
• Manufacturing Industries
• Healthcare and Life Sciences
• Defense
• Oil and Gas
• Retail
• Transportation and Logistics
• Energy and Utilities
• Travel and Tourism
• Government
• Other Verticals
End-Users Covered:
• Large enterprises
• Small and Medium Business

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About Us
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact
ProgMark Pvt Ltd,
Thane - 421501
India. Contact- +1 973 241 5193
Email- sales@marketprognosis.com

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