USD 8.25 Billion
Network Management System Market Size, Share, Growth Analysis, By Component (Solutions, Services), By Solution (Network Performance & Monitoring, Cloud Monitoring), By Service (Consulting Services, Integration & Deployment Services), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG45F2167 |
Region:
Global |
Published Date: December, 2024
Pages:
188
|Tables:
95
|Figures:
71
Network Management System Market Insights
Global Network Management System Market size was valued at USD 8.25 Billion in 2022 poised to grow from USD 9.08 Billion in 2023 to USD 19.61 Billion by 2031, growing at a CAGR of 10.1% in the forecast period (2024-2031).
As the work is increasingly done remotely and managing geographically diverse networks has become complex, this has led to increased demand for network management system solutions that come with robust remote capabilities. Significant technological developments in network technology are being observed in network management systems. The global network management systems (NMS) market is expanding due to technological developments in networks. Network operations are becoming more sophisticated and dynamic due to innovations like 5G, software-defined networking (SDN), and network function virtualization (NFV). To properly manage, automate, and optimize network performance in light of these developments, sophisticated NMS systems are required.
Furthermore, data traffic has increased exponentially due to the growth of cloud computing and the Internet of Things, necessitating the use of increasingly advanced network management technologies. The progressive and biggest market expansion is due to the rising need for more advanced NMS solutions implementing infrastructure capabilities in uninterrupted connectivity assurance, security, and advanced network efficacy. As the networks grow tremendously complex by data traffic increases, cloud adoption, and connectivity to the IoT, fault management, network automation, and performance monitoring are the strong solutions organizations require at such times. These technologies provide proactive management and quick resolution of network problems by offering real-time information, automation, and analytics.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Solutions
Fastest Growth
Services
Growth Rate
10.1% CAGR
Global Network Management System Market ($ Bn)
Country Share by North America (%)
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Network Management System Market Segmental Analysis
The global network management system market is segmented based on component, solution, service, and region. In terms of component, the market is trifurcated into platform, solutions, and services. Based on solution, the market is grouped into network performance & monitoring, cloud monitoring, virtual monitoring, SDN monitoring, network configuration, log & event management, and others. Based on service, the market is trifurcated into consulting services, integration & deployment services, and training, support & maintenance services. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.
Analysis by Component
As per categorization by component, the market is classified as platform, solutions, and services. Among these, solutions earned the largest share and continues to hold the dominant global network management system market share. The solutions division of the global network management systems market is seeing big changes, innovations driven by automation, AI integration, and cloud-based technologies. These solutions enhance and optimize performance and security, while allowing real-time monitoring and troubleshooting. The major reason for the solution chronic dominance in the market is that it tackles complex concerns in network management as well as better operational efficiency and therefore caters to the growing demand for such scalable, secure, and agile infrastructures throughout industries.
The services segment is expected to be the fastest-growing segment in the global network management system market due to the increasing demand for professional services such as consulting, integration, and support. As the organizations increasingly become more convoluted and change their network infrastructures, it results in critical requirements for customized solutions and the needed guidance and support for these solutions. Services will scale and customize optimum performance to allow the enterprise to derive through its investments in NMS. Additionally, the rapidly growing dependence on cloud technologies along with the need for one complete, neat integration across the diverse platforms is further propelling the growth of services segment in the global network management system market outlook.
Analysis by Solution
Network performance & monitoring (NPM) is dominating in the global network management system (NMS) market, due to its innovation and is driven by advancements in AI, machine learning, and real-time analytics. NPF solutions allow tracking of the network health, identifying bottlenecks and ensuring optimum performance of ever-increasing complex infrastructures before the problem manifests itself. This technology improves fault detection, traffic analysis, and resource allocation and helps create a seamless network environment. Network performance & monitoring dominates the market on terms of its critical role in making reliable networks-driven improvements in customer experiences and facilitating diverse, high-speed, secure, and resilient networks that are experiencing growing demand, among them telecommunications, healthcare, and finance sectors.
Cloud monitoring is poised to be the fastest-growing segment in the global network management system market due to the rapid shift toward cloud-based infrastructures. Organizations, by trimming their costs with the added flexibility and scalability that cloud services offer, are turning to the cloud more and more. This creates a really high demand for strong monitoring instruments that guarantee the optimum performance, safety, and availability of such an environment. Cloud monitoring provides several features, such as real-time tracking of cloud resources and detection of performance issues and resource utilization insights. These have been further expanded by the quickly growing adoption of hybrid and multi-cloud environments, where seamless management and proactive monitoring ensure the reliability and performance of the entire system.
Global Network Management System Market By Component (%)
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Network Management System Market Regional Insights
North America is dominating the global network management system market due to its strong technological infrastructure, high adoption of advanced technologies, and presence of major market players. Moreover, just like this, large-scale enterprises in the region, like telecommunications, finance, and healthcare, create demand for more robust, scalable network management solutions which optimize performance and security requirements. The North American early adoption of cloud computing, the Internet of Things (IoT), and AI technologies also increases the demand for efficient network management. The governments' initiatives toward digital transformation, the rising need for speedy and reliable networks, make North America command the global network management system market.
Europe is the fastest-growing region in the global network management system market, driven by the rapid digital transformation across various sectors, including healthcare, manufacturing, and telecommunications. The region’s strong focus on Industry 4.0, smart cities, and IoT integration increases the demand for advanced network management solutions to ensure optimal performance, security, and scalability. Additionally, Europe’s commitment to regulatory compliance and data privacy, particularly with initiatives like GDPR, fuels the need for robust network monitoring and management tools. The growing adoption of cloud technologies, coupled with investments in 5G networks, further accelerates NMS growth in Europe.
Global Network Management System Market By Geography
- Largest
- Fastest
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Network Management System Market Dynamics
Drivers
Increasing Network Complexity
- 5G is used to increase the efficiency of network management systems when businesses go for modern, distributed architectures. With the development of cloud services, Internet connection of things (IoT), and 5G, the network structure becomes even less complicated. As the demand for solutions to monitor, manage, and optimize diverse environments grows stronger, so does the demand for newer technologies.
Rising Cybersecurity Concerns
- As cyber threats increasingly surge, network security is taking top priority these days in organizations around the world. Network management system with powerful security features like real-time tracking and threat detection help an organization protect its infrastructure, ensuring that sensitive data is kept secure as much as possible and that the risk for network breaches is minimized.
Restraints
Lack of Skilled Workforce
- Specialist network monitoring and security skills in analytics are what it takes to develop and manage effective deployment in a network management system (NMS). It is the unavailability of skilled personnel to handle these networks and currently, that is a significant bottleneck particularly in areas with little specialized training/literature about them.
Data Privacy and Compliance Issues
- The stringent data privacy regulation, for example, GDPR makes it a challenge for companies implementing network management system. Ensuring compliance with these laws while managing sensitive data flowing through the network can be complex and time-consuming and, hence, would discourage some organizations from fully adopting network management systems due to the risks involved in noncompliance and prosecution that they would face.
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Network Management System Market Competitive Landscape
The competitive environment of the global network management system market is primarily led by the key players resorting to offering innovative solutions under the context of increasing demands for effective network management. Some of the major companies internationally that have a stake in this market are Cisco Systems, Huawei Technologies, IBM, Juniper Networks, and NetScout Systems. They are known for delivering advanced technologies like AI, automation, and cloud-based solutions to make the networks more efficient, secure and scalable, thereby facilitating growth and innovation in the global network management system market trends.
Top Player’s Company Profiles
- Cisco Systems (USA)
- Huawei Technologies (China)
- IBM (USA)
- Juniper Networks (USA)
- NetScout Systems (USA)
- Brocade Communications (USA)
- Zebra Technologies (USA)
- Alcatel-Lucent Enterprise (France)
- SolarWinds (USA)
- Nokia Networks (Finland)
- Fortinet (USA)
- Arista Networks (USA)
- Extreme Networks (USA)
- Palo Alto Networks (USA)
- Viavi Solutions (USA)
Recent Developments
- In October 2024, Cisco pronounced launch of its new AI-attuned network management system, which would create value in terms of visibility and automation of the network. Machine learning algorithms drive this new network management capability to predict performance issues and minimize downtime while making improvements for the enterprise networks that are now adopting hybrid and cloud-based infrastructures.
- In September 2024, The new software-defined network (SDN) solution from Huawei announced in the month of September, two thousand twenty four, aimed at making large-scale network management easy. This solution is cloud-native and has lots of analytics and mess-free integration with the existing infrastructures. Intended to consider enterprise scalability, network security, and operational cost cutting across different sectors.
- In August 2024, IBM introduced its cloud-based network management platform powered by artificial intelligence and automation. This platform is designed to optimize performance and security for multi-cloud environments. With the help of AI, the system automatically modulates the resources required, supervises the traffic, and adds detection of vulnerabilities for enterprises to ensure networks are resilient and resource efficient.
Network Management System Key Market Trends
- Rising Demand for AI-Powered Network Automation: Artificial intelligence-driven automation is growing in the global network management system market. The more advanced networks become, the more manual tasks there are that artificial intelligence performs, such as traffic analysis, fault detection, performance optimization, and so forth. It is much easier and faster to resolve problems caused by downtime or the effectiveness of network management.
- Growing Adoption of Cloud-Based Network Management Solutions: Cloud-based network management system tend to attract these organizations into this new shift for having infrastructures cloudified. Their offerings are in scalability, flexibility, and cost efficiency that enable business organizations to monitor and manage the network remotely, thus improving operational agility and reducing costs on-premises hardware while simplifying network management system in hybrid environments.
Network Management System Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global network management system industry is undergoing significant growth driven by the increasing complexity of network infrastructures, the rise of remote work, and the expansion of IoT, cloud computing, and 5G technologies. Innovations like AI, automation, and cloud-based solutions are enabling businesses to effectively manage, optimize, and secure their networks.
Continuing with network performance monitoring and cloud monitoring, solutions on NMS technology are definitely coming in handy when it comes to highly available networks and network performance. As more and more people's interest in effective and scalable network management solutions will be met, challenges and opportunities will continue to shape the future of this market.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 8.25 Billion |
| Market size value in 2031 | USD 19.61 Billion |
| Growth Rate | 10.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Network Management System Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Network Management System Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Network Management System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Network Management System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Network Management System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Network Management System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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