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

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.