Global Network Management System Market- Comprehensive study by key players: IBM Corporation, Broadcom Inc., and more…

Network Management System Market

A Network Management System (NMS) is a set of applications that allows network engineers to manage components inside a complex framework. It identifies, monitors, updates, and troubleshoots wired as well as wireless network devices and displays the data collected, which allows engineers to make changes as required.

The Major Players Covered in this Report:
IBM Corporation, Broadcom Inc., Riverbed Technologies, SolarWinds Inc., Cisco Systems Inc., Nokia Corporation, Oracle, Paessler AG, VIAVI Solutions Inc., NetScout Systems Inc., Colasoft Inc., Huawei Technologies CoLtd., Hewlett Packard Enterprise Company, Juniper Networks Incand Dell Technologies Inc., BMC SoftwareThe U.Scomprises some prominent players such as Oracle Corporation, Dell Technologies, Cisco Systems, Hewlett Packard Enterprise Company 

In 2020, the global Network Management System market size was million US$ and it is expected to reach a million US$ by the end of 2026, with a CAGR between 2021 and 2026.

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By Component , Platform , Solutions , Services

By Deployment type, Cloud, On-Premises

NMS primarily manages five functional areas, namely:

Fault Management

At the fault management level, network problems are identified and then corrected. Steps are taken to analyze the root cause so that the problem does not re-occur in the future. The network is still operating, and the outage is minimized.

Configuration Management

The configuration level deals with the monitoring and control of the network. Programing changes are made, including addition, modification, upgradation, and deletion of programs and systems.

Performance Management

At the performance management level, the overall performance of the network is managed. Repetitive problems are identified, and effort is made to determine which improvements will yield the greatest overall performance enhancement.

Regional Analysis For Network Management System Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Network Management System are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Network Management System in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

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