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Network Management System Market is expected to witness Incredible Growth during 2022-2031 | Cisco, IBM, Broadcom CA Technologies, Micro Focus, Juniper Networks, Nokia.
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A network management system (NMS) is a system responsible for monitoring and managing a computer network. NMS is typically used for network performance, availability, and utilization. It can also be used for managing network configuration, inventory, and other network management functions.
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Key Trends
The key trends in Network Management System technology are virtualization, cloud computing, and software-defined networking.
Virtualization is the process of creating a virtual version of something, such as a server, a storage device, or an operating system. Virtualization allows multiple virtual machines to run on a single physical machine.
Cloud computing is a model for delivering information technology services in which resources are provided as a service over the Internet. Cloud computing allows users to access applications and data stored on remote servers.
Software-defined networking is a approach to networking in which the control plane is decoupled from the data plane and is controlled by software. Software-defined networking allows for more flexible and agile networking.
Key Drivers
The key drivers of the Network Management System market are the need for organizations to manage their network infrastructure effectively and efficiently, and the need for a centralized system to manage network resources. The Network Management System market is also driven by the need for organizations to reduce their operational costs, and to improve their network performance.
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Market Segments
The Network Management System Market is segmented by component, solution, industry vertical, and region. By component, the market is divided into platform, solutions and services. Based on solution, it is bifurcated into network performance & monitoring, cloud monitoring, virtual monitoring, and SDN monitoring. On the basis of verticals, it is classified into BFSI, IT & telecom, government, manufacturing, healthcare, retail, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Network Management System Market includes players such as Cisco, IBM, Broadcom CA Technologies, Micro Focus, Juniper Networks, Nokia, Ericsson, Huawei, LiveAction, NETSCOUT and Progress.
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