Network Management System Market Key Highlights:
- Market Size (2024): USD 10.58 Billion
- Projected Market Size (2034): USD 28.21 Billion
- CAGR (2024-2034): 10.3%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Network Management System Market Definition
A network management system (NMS) is a set of applications that manage a network's independent components inside a bigger network management framework. It works for telecommunication sectors to manage network traffic, monitor performance, and ensure reliable connectivity across large-scale networks. It provides patient care in real time, smooth operation of data- loaded applications, and efficient system management in the healthcare industry.
North America is dominating NMS adoption rate due to its advanced IT infrastructure and focus on digital transformation across the healthcare, IT and telecom, and BFSI sectors. Sitetracker is expanding its GIS Link tool with the addition of VETRO, announced at Fiber Connect 2024. The partnership provides Sitetracker's broadband customers with geospatial design data from VETRO to plan and deploy fiber networks with greater speed and efficiency.
Asia-Pacific is growing faster due to the expansion of telecommunications networks and increasing investments in smart infrastructure help propel the need for robust NMS solutions. According to the Ministry of Ecology, China has established the world's largest, most comprehensive, and scientifically arranged monitoring network system and will continue to strengthen environmental monitoring and enforcement in the upcoming period.
Network Management System Market Segmentation:
By Solution
By Deployment
By Enterprise Size
By Industry
- BFSI
- Healthcare
- IT & Telecom
- Retail
- Media & Entertainment
- Manufacturing
- Others
Network Management System Market Companies:
- Cisco
- SolarWinds
- IBM Corporation
- Hewlett Packard Enterprise (HPE)
- Broadcom Inc.
- Alestra
- VAS Solutions
- Logicalis
- Sonda
- Baitcon
- Nokia Corporation
- Ericsson AB
- Micro Focus International
- Paessler AG
- Ipswitch, Inc.
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