Press release
Unified Network Management Market to grow at a CAGR 17% and is to reach USD 13 Billion by 2022 | Accenture, Juniper, Lcatel-Lucent, IBM, Ericsson, Sandvine, Cisco Systems, Bradford Networks, Tibco Software
Market Highlights:
In this rapidly changing and technologically developing environment, security needs are ever increasing. The market trend towards the higher requirement analytical tools and analytics applications are driving the unified network management market. The study indicates that due to rapid increase in network traffic, most of the organizations are improving their focus on analyzing data effectively. The implementation of network traffic management solution of unified network management will boost the market in a positive way.
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The study indicates that unified network management market has increased due to the ability to provide better cyber security and advanced analytics. The cloud based unified network management is expected to grow due to the high adoption of cloud technologies. The high cost of unified network management solutions is the restraining factor in the growth of unified network management market.
Unified Network Management Market Key Players:
The prominent players in the Unified network management market are- Accenture PLC (Ireland), Juniper Networks (U.S.), Alcatel-Lucent S.A. (France), IBM Corporation (U.S.), Brocade Communications Systems, Inc. (U.S.), Cisco Systems, Inc. (U.S.), HP (U.S.), Bradford Networks, Inc. (U.S.), Ascom Holdings AG (Switzerland), Ericsson (Sweden), Allot Communication (U.S.), Sandvine Inc. (Canada), Tibco Software (U.S.) among others
Unified Network Management Market Segmentation
The Unified network management market has been segmented on the basis of type, solution, services, deployment, organization size and end-user. Looking through the solution segment it’s been observed that network traffic management solutions are expected to dominate the Unified network management market by the forecast period, due to growing data traffic challenges faced by the organizations worldwide. Network traffic management includes controlling and monitoring network activities along with prioritizing, managing, and reducing the network traffic, congestion, latency, and packet loss. The unified network management market is dominated by consulting services. The study shows that high adoption of wireless hardware devices such as smartphones and other internet enabled devices are witnessed due to which wireless network type is growing significantly in the unified network management market.
The study indicates that adoption of cloud based unified network management tools would enable companies to understand the real time network traffic and distribution bandwidth across the technology. The cloud based unified network management is expected to see a sudden hike in the unified network management market.
Unified Network Management Market Research Analysis:
Regional analysis for Unified network management market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region would account for larger share in Unified network management market. It has been observed that North America region has high implementation of analytics solutions, increased cyber-attacks and higher technology adoption which has resulted in the growth of unified network management market.
The study reveals that Asia-Pacific region is expected to have a significant growth in Unified network management market by the forecast period. The increased number of smartphone users in the region are expected to give a boost to Unified network management market by the forecast period.
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Intended Audience:
• Technology investors
• Unified network management solution providers
• Unified network management service providers
• Internet service providers
• Unified network management cloud service providers
• Unified network management platform providers
• Research/Consultancy firms
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