Network Management System Market to witness Incredible Growth during 2022-2029 at a CAGR of 9.35 percent

Pune, 20, Feb 2023: As per Maximize Market research, a global business research and consultancy firm, the total global market for "Network Management System Market" was USD 8.40 Bn in 2021 and is expected to grow at a CAGR of 9.35 percent over the forecast period to reach USD 17.40 Bn by 2029. Government digitization strategy in developed economies is expected to drive market growth.

Network Management System Market Scope and Research Methodology

The report on the Network Management System market majorly focuses on the market drivers, constraints, opportunities, and challenges. External as well as internal market factors that expected to affect the market positively or negatively have been analyzed in the report. Thus, the report presents a clear picture of the business future to decision-makers. The report provides an understanding of the trends and structure of the Network Management System Market by researching market segments and estimating the Network Management System Market size. The report provides an analysis of the Network Management System Market at a local, regional, and global level.

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For a better understanding, the Network Management System Market is segmented based on Component, Deployment, enterprise size, and End-user. SWOT analysis was conducted to provide the strengths and weaknesses of the Network Management System Market. The bottom-up approach was employed to estimate the Network Management System market size. PORTER, PESTEL analysis was employed to understand the potential impact of micro-economic factors of the Network Management System Market.

Emergence of Software Defined Networking across enterprises is expected to drive the Network Management System Market growth

Software Defined Networking helps in making network devices such as switches and routers in the data plane, which is a simple device and a centralized software program, which can be logically controlled. Government's digitization strategy in developed and developing economies, increase in the use of the internet are the important factors expected to drive Network Management System Market growth. High spending on IT infrastructure is expected to boost the Network Management System Market growth.

Free network management tools in the market monitor and analyze the network intensity and operate the network which is expected to restraint the market growth. Network management solution across SMEs presents an opportunity for the Network Management System Market.

North American region is expected to hold the largest Network Management System Market share over the forecast period

North America held the largest market share accounting 35.3 percent in 2021 and dominated the regional market over the forecast period. 5G infrastructure, investments in new data centers, and internet rates is expected to drive the regional market growth. European region held the second largest share accounting 29 percent of the total market share in 2021 and is expected to grow at highest CAGR of 8.92 percent over the forecast period. Asia Pacific is expected to grow at a growth rate of 99.92 percent during the forecast.

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By Deployment, the Cloud segment is expected to drive the Network Management System Market growth

Maximize Market Research provides an analysis of the key trends in each sub-segment of the global Network Management System market report, along with forecasts at the global and regional levels from 2022-2029. The report has categorized the market based on Component, Deployment, Enterprise Size, and End-user.

By Component:

Solutions
Services

By Deployment:

Cloud
On-premises

By Enterprise Size:

Large Enterprises
SMEs

By End-User:

Vertical
Service Provider

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Network Management System Market Key Players include:

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

Table of content for the Network Management System Market includes:

Global Network Management System Market: Research Methodology

Global Network Management System Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Network Management System Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

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Global Network Management System Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Deployment (2021-2029)
Global Market, by Enterprise Size (2021-2029)
Global Market, by End-User (2021-2029)

Regional Network Management System Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Deployment (2021-2029)
Regional Market, by Enterprise Size (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component, Deployment, Enterprise Size and End- User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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