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Evolving Market Trends In The Network Management System Industry: Innovative Technological Solutions Drive Network Management System Market

05-14-2025 07:19 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Network Management System

Network Management System

The Network Management System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Network Management System Market Size and Its Estimated Growth Rate?
In the past few years, the network management system market has seen substantial growth. The market size is set to expand from $11.12 billion in 2024 to $11.86 billion in 2025, representing a compound annual growth rate (CAGR) of 6.6%. Factors contributing to this growth during the historic period include the initial complexity of networks, the proliferation of the Internet, the shift to IP-based networks, an increased emphasis on security, and the rapid acceleration of remote work.

The size of the network management system market is anticipated to experience swift expansion in the forthcoming years, escalating to $18.82 billion by 2029 with a compound annual growth rate (CAGR) of 12.2%. The increased growth during the forecast period can be credited to elements such as the establishment of 5G, proliferation of IoT, a greater focus on automation and the incorporation of cybersecurity measures. Major trends expected during the forecast timeline are the emergence of intent-based networking (IBN), the shift towards cloud-based network management, the amalgamation of artificial intelligence (AI) and machine learning (ML), and the acceptance of software-defined networking (SDN) and network function virtualization (NFV).

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How Are Emerging Segments Shaping the Network Management System Market Landscape?
The network management system market covered in this report is segmented -

1) By Component: Platform, Solutions, Services
2) By Organization: Large Enterprises, Small and Medium Enterprises
3) By Deployment: On-Premise, Cloud
4) By End-User: Banking, Financial Services, And Insurance, Information Technology And Telecom, Healthcare, Media And Communication, Retail, Other End-Users

Subsegments:
1) By Platform: Network Monitoring Platforms, Configuration Management Platforms, Performance Management Platforms, Security Management Platforms
2) By Solutions: Network Automation Solutions, Network Optimization Solutions, Network Analytics Solutions, Fault Management Solutions
3) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training Services

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Which Growth Factors Are Influencing Network Management System Market Expansion?
The network management system market is experiencing significant growth due to the rising demand for services based on the cloud. The term 'cloud' denotes servers accessible via the internet and the software and databases operating on these servers. Network operators can adopt new network management services dynamically via cloud solutions instead of implementing new hardware. To illustrate, the 2022 State of the Cloud Report from Flexera, a company from the US dealing in software, surveyed 753 professionals in technology fields and concluded that the cloud expenditure of small to medium-sized businesses (SMBs) saw a substantial growth of 53%, reaching an annual expenditure of $1.2 million in 2022, a rise from 38% in 2021. As such, the escalating demand for services based on the cloud is propelling the growth of the network management system market.

Who Are the Dominant Players Across Different Network Management System Market Segments?
Major companies operating in the network management system market include Deutsche Telekom AG, Huawei Technologies Co Ltd., Hewlett Packard Enterprise Development LP, International Business Machines Corporation (IBM), Cisco Systems Inc., Oracle Corporation, Broadcom Inc., Ericsson AB, Nokia Corporation, Telstra Corporation Limited, Telia Company AB, Juniper Networks Inc., Colt Technology Services Group Limited, Micro Focus International plc, BMC Software Inc., Alcatel-Lucent Enterprise S.A., Viavi Solutions Inc., Extreme Networks Inc., Zoho Corporation Pvt Ltd., NETSCOUT Systems Inc., SolarWinds Inc., Progress Software Corporation, Kaseya VSA LLC, Paessler AG, LiveAction Inc., eG Innovations Inc., Colasoft Technology Co Ltd., Cubro Network Visibility, Kentik Inc.

What Are the Latest Developing Trends in the Network Management System Market?
The incorporation of advanced technology is an emerging trend in the network management system marketplace, with prominent companies in the sector focusing on the introduction of new tech to strengthen their market position. As an example, in August 2023, VMware, a cloud computing firm based in the US, integrated innovative AI technologies into its network management platform, representing a considerable progression in the field. It is predicted that generative AI will have a transformative impact on businesses in the forthcoming decade, with large-scale potential for various applications like content creation, code generation, enhancing customer service experiences, automation of IT operations, and the development of advanced chatbots for data generation. This AI integration is anticipated to simplify network management procedures and enhance operational efficiency by equipping machines to tackle intricate problems and boost human creativity.

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https://www.thebusinessresearchcompany.com/report/network-management-system-global-market-report

Which Geographic Regions Are Expected to Dominate the Network Management System Market in the Coming Years?
North America was the largest region in the network management system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Network Management System Market?
2. What is the CAGR expected in the Network Management System Market?
3. What Are the Key Innovations Transforming the Network Management System Industry?
4. Which Region Is Leading the Network Management System Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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