Network Management System (NMS) Market by Component, Deployment Type, End-users, Organization Size, and Region - Global Forecast to 2024

10/15/2019, 1:06 PM (Source: GlobeNewswire)

Dublin, Oct. 15, 2019 (GLOBE NEWSWIRE) -- The "Network Management System (NMS) Market by Component (Platform, Solutions, and Services), Deployment Type (Cloud and On-premises), End-Users (Verticals and Service Providers), Organization Size, and Region - Global Forecast to 2024" report has been added to's offering.

The global NMS market size is expected to grow from USD 7 billion in 2019 to USD 11 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period.

NMS market by component, deployment type, organization size, end user, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the global NMS market.

An increasing need for in-depth visibility into network security and Quality of Service (QoS), and growing network infrastructure to drive the market growth of NMS solutions

Today's network infrastructure is more complicated because on-premises applications are moving toward the cloud. Hence, the need for in-depth network visibility into data centres and cloud is growing among businesses. The increasing demand for detailed visibility into network security and Quality of Service (QoS) and growing network infrastructure are major factors expected to drive the growth of the NMS market.

Exponential growth in the global Internet Protocol (IP) traffic and cloud traffic, and prominence of the Internet of Things (IoT) are expected to offer vast market opportunities for NMS vendors in the next five years. However, the lack of awareness of NMS among network administrators and high cost associated with the application of NMS tools may hamper the market growth.

Among the services segment, the training, support, and maintenance service segment is expected to account for the largest market share during the forecast period

By services, the training, support, and maintenance service segment is expected to account for the highest market share during the forecast period. Training, support, and maintenance services keep the network running and operational with the utmost efficiency.

Training services and support standards help take full advantage of the capabilities provided by the solution providers. To increase operational efficiency with a lower cost, companies use support services. Support services help with software support, which can be offered from remote spots using web conferencing, phones, onsite help, and ticketing frameworks.

Among the vertical segment, the healthcare vertical to record the highest growth rate during the forecast period

Among the vertical segment, the vertical healthcare segment is expected to register the highest growth rate during the forecast period. Organizations in the healthcare vertical majorly rely on secure network environments to transfer the Protected Health Information (PHI).

These networks must be stable to provide clinicians with access to mission-critical applications and regulate the use of the network for personal content. NMS offers uninterrupted connectivity to healthcare specialists, thus improving their service delivery efficiency.

Among regions, APAC to grow at the highest CAGR during the forecast period

APAC is estimated to grow at the highest CAGR during the forecast period. Countries in this region show rapid adoption of network management solutions to gain visibility into their networks. The proliferation of smartphones, DDoS attacks on networks, and broadband connectivity augmented by the emergence of advanced technologies, such as IoT, mobility, and cloud in the region, are expected to drive the growth of the NMS market.

Organizations are moving to a hybrid IT model, and the need to ensure secure, highly agile and flexible network access to branch offices across the region has become more pivotal than ever. Secure, resilient networks are becoming the core of the organization's digital investment priorities as they race to build their presence in the region.

Moreover, the presence of growing economies, such as China and India, which are rapidly implementing latest technologies due to the increasing internet penetration and improving customer demand which is increasing big data is also considered to be a key factor for the growth of the NMS testing market in the region.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global Network Management System Market
4.2 Market By Deployment Type
4.3 Market in North America, By End User and Country
4.4 Market in Europe, By End User and Country
4.5 Market in Asia Pacific, By End User and Country

5 Network Management System Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers In-Depth Visibility Into Network Security Need for Maintaining QoE and QoS Hybrid IT Infrastructure Demand for Better Optimization of Business Operations Emergence of SDN
5.2.2 Restraints Availability of Free Network Management Tools
5.2.3 Opportunities Exponential Growth in the Global IP Traffic and Cloud Traffic Prominence of IoT Rise in Demand for Network Management Solution Across SMEs
5.2.4 Challenges Lack of Awareness to Select Network Management Solution as Per Business Needs Low Budget Constraints
5.3 Regulatory Landscape
5.3.1 Health Insurance Portability and Accountability Act
5.3.2 Health Level Seven
5.3.3 Digital Imaging and Communications in Medicine
5.3.4 General Data Protection Regulation
5.3.5 Gramm-Leach-Bliley Act
5.3.6 The International Organization for Standardization 27001
5.4 Use Cases
5.4.1 Banking, Financial Services, and Insurance: Extended Initial 125 Site Rollout to 825 Sites
5.4.2 Government: Effective Monitoring and Managing a Diverse Distributed Network Infrastructure
5.4.3 Retailer: Ease of Optimizing Bandwidth Variations
5.4.4 Education: Enhanced Network Infrastructure Resulting in Greater Network Performance
5.4.5 Entertainment: Improved Network Capacity Planning to Boost Better Network Performance
5.4.6 Internet Service Provider: Simplified Network Operations and Reduced Errors With Automation
5.4.7 Transportation and Logistics: Significant Increase in Network Performance By Reducing Traffic Incidents
5.4.8 Managed Service Provider: Provided Panoramic View of the Network
5.4.9 Cloud Service Provider: Powerful Network Troubleshooting Capabilities
5.4.10 Manufacturing: Gained Real-Time Operational Visibility
5.4.11 Healthcare: Simplified, Reliable, IT Network Monitoring Tool to Optimize a Complex Network Environment
5.4.12 Telecommunication: Improved Network Visibility Enabling Fast Problem Identification and Resolution
5.5 Impact of Disruptive Technologies
5.5.1 Artificial Intelligence
5.5.2 Internet of Things

6 Network Management System Market By Component
6.1 Introduction
6.2 Platform
6.3 Solutions
6.4 Services

7 Network Management System Market By Solution
7.1 Introduction
7.2 Network Performance and Monitoring
7.3 Cloud Monitoring
7.4 Virtual Monitoring
7.5 Software-Defined Networking Monitoring
7.6 Network Configuration
7.7 Log and Event Management
7.8 Others

8 Network Management System Market By Service
8.1 Introduction
8.2 Consulting Services
8.3 Integration and Deployment Services
8.4 Training, Support, and Maintenance Services

9 Network Management System Market By Deployment Type
9.1 Introduction
9.2 On-Premises
9.3 Cloud

10 Network Management System Market By Organization Size
10.1 Introduction
10.2 Large Enterprises
10.3 Small and Medium-Sized Enterprises

11 Network Management System Market By End User
11.1 Introduction
11.2 Service Providers
11.3 Verticals

12 Network Management System Market By Service Provider
12.1 Introduction
12.2 Telecom Service Provider
12.3 Cloud Service Providers
12.4 Managed Service Providers
12.5 Other Service Providers

13 Network Management System Market By Vertical
13.1 Introduction
13.2 Banking, Financial Services, and Insurance
13.3 IT and ITES
13.4 Government
13.5 Manufacturing
13.6 Healthcare
13.7 Retail
13.8 Transportation and Logistics
13.9 Other Verticals

14 Network Management System Market By Region
14.1 Introduction
14.2 North America
14.3 Europe
14.4 Asia Pacific
14.5 Middle East and Africa
14.6 Latin America

15 Competitive Landscape
15.1 Introduction
15.2 Competitive Leadership Mapping
15.2.1 Visionary Leaders Definition List of Visionary Leaders
15.2.2 Innovators Definition List of Innovators
15.2.3 Dynamic Differentiators Definition List of Dynamic Differentiators
15.2.4 Emerging Companies Definition List of Emerging Companies
15.3 Strength of Product Portfolio (33 Players)
15.4 Business Strategy Excellence (33 Players)
15.5 Vendor Ranking Analysis

16 Company Profiles
16.1 Introduction
16.2 Cisco
16.3 IBM
16.4 Broadcom (CA Technologies)
16.5 Solarwinds
16.6 Nokia
16.7 Juniper Networks
16.8 CA
16.9 Riverbed Technology
16.10 Micro Focus
16.11 Progress (Ipswitch)
16.12 ExtraHop Networks
16.13 Colasoft
16.14 Flowmon Networks
16.15 ManageEngine, a Division of Zoho Corporation
16.16 LiveAction
16.17 Paessler
16.18 SevOne
16.19 Cubro Network Visibility
16.20 Kentik
16.21 BMC Software
16.22 VIAVI Solutions
16.23 Accedian
16.24 Kaseya
16.25 HelpSystems
16.26 Extreme Networks
16.27 AppNeta
16.28 Ericsson
16.29 Huawei
16.30 EG Innovations
16.31 Opmantek

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