Network Management Systems Trends and Forecast
The future of the lobal network management systems market looks promising with opportunities in the IT & telecom, BFSI, government, manufacturing, healthcare, transportation & logistics, retail, and media & communication markets. The global network management systems market is expected to reach an estimated $17.2 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are increasing utilization of networks for the organizationÄX%$%Xs internal and external operations, increasing investments in it network infrastructure, and ongoing 5G rollouts.
• Lucintel forecasts that, within the component category, services is expected to witness highest growth over the forecast period.
• Within the end use category, healthcare will remain the largest segment.
• In terms of regions, APAC is expected to witness highest growth over the forecast period.
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Emerging Trends in the Network Management Systems Market
New trends in the Network Management Systems (NMS) market are currently being shaped by continuous technological advancements, coupled with changes in network requirements. These trends are significantly transforming how NMS solutions are conceptualized, implemented, and utilized across a wide range of applications.
• Cloud-Native NMS Solutions: Cloud-native architectures are driving the development of NMS platforms to support hybrid and multi-cloud environments. The scalability, flexibility, and seamless integration with various cloud services make cloud-native NMS platforms highly beneficial, helping organizations efficiently manage distributed networks and maintain consistent performance across multiple cloud environments.
• Advanced Security Features: Cyber threats are becoming increasingly sophisticated. To safeguard network infrastructure from attacks, NMS solutions now include advanced security features. These include real-time threat detection, automated response, and integration with security information and event management systems. Additional cybersecurity features protect networks from various types of attacks and ensure data integrity.
• Support for 5G and IoT Networks: The emergence of 5G networks and the rapid growth of IoT devices have created a strong demand for NMS solutions capable of managing high-speed, high-capacity networks. 5G network architecture will be more complex, and NMS platforms are being developed to support these complexities while managing a large number of IoT endpoints. Features like real-time monitoring, network slicing, and efficient resource allocation are key capabilities in this area.
• Focus on Network Automation: Network automation is a key trend in the NMS market, aimed at reducing or eliminating manual intervention to improve operational efficiency. Automation tools integrated into NMS solutions enable automatic configuration, provisioning, and troubleshooting of network elements. This trend supports the deployment of dynamic and adaptable network environments, reducing downtime and improving overall network performance.
Emerging trends such as the integration of AI, machine learning, cloud-native solutions, enhanced cybersecurity, support for 5G and IoT networks, and a focus on network automation are transforming the NMS market. Innovations driven by these trends help improve network management and address the evolving needs of modern IT environments.
Recent Developments in the Network Management Systems Market
Recent developments in Network Management Systems have marked significant advancements in both technology and functionality. These changes are reshaping how networks are monitored, managed, and optimized across various sectors.
• AI-Driven Network Management: AI-powered NMS solutions are transforming network management by providing advanced analytics, predictive insights, and automated responses. These platforms analyze network data using machine learning algorithms to detect anomalies, followed by automation in troubleshooting processes. The integration of AI improves network performance by reducing manual intervention and enhances operational efficiency.
• Integration with Cloud-Native Technologies: The integration of NMS solutions with cloud-native technologies enables central management of hybrid and multi-cloud environments. Cloud-native NMS platforms offer scalable and flexible management capabilities, seamless integration with cloud services, and dynamic, distributed network architecture.
• Advanced Cybersecurity Capabilities: Advanced cybersecurity is a recent addition to many NMS solutions, aimed at helping organizations combat emerging security threats in real time. These solutions generally include threat detection, automated incident response, and integration of various security tools. Enhanced cybersecurity capabilities protect network infrastructure from attacks and ensure data integrity.
• 5G Network Management Support: As 5G networks continue to expand, NMS solutions are evolving to support their complex architecture, including high-speed data transmission management, network slicing, and increased device density. NMS platforms are being designed to meet the demands of 5G networks and optimize their performance.
• Enhanced Network Automation: Network automation remains a key focus of recent NMS developments, with enhancements in automated configuration, provisioning, and troubleshooting. These advancements reduce the need for manual intervention, increase operational efficiency, and facilitate the deployment of agile and adaptable network environments.
Recent developments in AI-driven management, cloud-native integration, cybersecurity, 5G support, and network automation are shaping the future of the NMS market. These innovations further reinforce the idea of managing increasingly complex and dynamic networks.
Strategic Growth Opportunities for Network Management Systems Market
Strategic growth opportunities are emerging in the NMS market due to rapidly evolving networking requirements and continuous technological advancements. These opportunities are changing how NMS solutions are developed and deployed, impacting various industry sectors.
• 5G Network Management: The rollout of 5G networks represents a significant growth opportunity for NMS solutions. 5G networks require NMS platforms to manage high-speed data, high capacity, network slicing, and real-time performance optimization. Companies in the NMS space can capitalize on the growing 5G market by providing solutions for next-generation wireless networks.
• IoT Management: The rapid growth of IoT devices creates vast opportunities for NMS solutions that can effectively manage large-scale IoT networks. Key features, such as scalability, robust analytics, and performance monitoring, are essential for supporting the growth of the IoT ecosystem and addressing the unique challenges of IoT networks.
• Cloud-Native Network Management: The adoption of cloud-native architectures is driving demand for hybrid and multi-cloud NMS solutions. Cloud-native NMS platforms offer scalability, flexibility, and seamless integration with cloud services, enabling organizations to manage distributed network environments and adapt to dynamic cloud infrastructure needs.
• Network Automation: The increasing emphasis on network automation presents significant opportunities for NMS solutions that improve operational efficiency through automated configuration, provisioning, and management. Advanced automation within NMS platforms will reduce manual intervention, streamline network operations, and enable the deployment of agile and adaptable network environments.
• Cybersecurity Integration: As concerns about network security grow, there is increasing demand for NMS platforms that offer advanced cybersecurity features. Real-time threat detection and automated incident response, integrated with security tools, will be vital for protecting network infrastructure and data.
These strategic growth opportunities—5G network management, IoT management, cloud-native solutions, network automation, and cybersecurity integration—will enable companies to leverage emerging trends, advance their NMS offerings, and cater to evolving network requirements, fostering growth and innovation in the industry.
Network Management Systems Market Driver and Challenges
The drivers and challenges influencing the NMS market span a wide range of factors—from technological advancements and economic conditions to regulatory requirements. These elements impact the development and deployment of NMS solutions, shaping the market dynamics.
The factors driving the NMS market include:
• Technological Advancement: Innovations in AI, machine learning, and cloud computing have led to the creation of new types of NMS solutions. These technologies enhance network monitoring, automation, and analytics, improving the management of complex network environments and contributing to growth in IT infrastructures.
• Growing Need for Network Automation: The increasing demand for network automation is a key driver of the NMS market. Organizations are adopting network automation to reduce human intervention and improve operational efficiency, enabling them to manage complex network environments more effectively. This trend is driving the development of NMS solutions with enhanced automation capabilities.
• Expansion of 5G Networks: The global expansion of 5G networks is driving demand for NMS solutions that can manage high-speed, high-capacity networks. NMS platforms are needed to support the complex architectures of 5G, including network slicing and real-time performance optimization, fueling innovation and growth in the market.
Challenges in the NMS market include:
• High Development and Implementation Costs: The development and deployment of advanced NMS solutions are expensive, requiring significant investments in research, design, and implementation. High development costs can impact profitability and create competitive barriers for smaller companies.
• Complexity of Modern Networks: Technologies such as 5G and IoT have increased the complexity of networks, posing challenges for NMS solutions. Managing a diverse network environment with different requirements and configurations requires sophisticated platforms that can handle complex architectures and integrations, which can be costly and difficult to maintain.
• Regulatory Compliance: Compliance with regulatory standards and industry certifications is a major challenge for NMS providers. Adhering to regulations on data protection, network security, and operational performance requires investments in testing, certification, and compliance, which can lead to delays and higher costs.
Technological advancements, automation, the expansion of 5G, the rise of IoT, and a focus on cybersecurity are key drivers of the NMS market. However, challenges related to high development costs, network complexity, and regulatory compliance must be addressed to ensure continued growth and competitiveness in this evolving market.
List of Network Management Systems Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies network management systems companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network management systems companies profiled in this report include-
• SolarWinds Worldwide
• International Business Machines Corporation
• Broadcom
• Riverbed Technology
• Cisco Systems
• BMC Software
• Nokia Corporation
• Oracle Corporation
• Paessler
• Viavi Solutions
Network Management Systems by Segment
The study includes a forecast for the global network management systems by component, deployment, enterprise, end use industry, and region.
Network Management Systems Market by Component [Analysis by Value from 2018 to 2030]:
• Solutions
• Services
Network Management Systems Market by Deployment [Analysis by Value from 2018 to 2030]:
• On-Premises
• Cloud-Based
Network Management Systems Market by Enterprise [Analysis by Value from 2018 to 2030]:
• Large Enterprises
• Small & Medium Enterprises
Network Management Systems Market by End Use Industry [Analysis by Value from 2018 to 2030]:
• IT & Telecom
• BFSI
• Government
• Manufacturing
• Healthcare
• Transportation & Logistics
• Retail
• Media & communication
• Others
Network Management Systems Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Network Management Systems Market
Network Management Systems (NMS) play a crucial role in managing IT networks efficiently. Recent developments in the market have been shaped by technological improvements, shifting demands, and regional dynamics. As networks continue to grow in complexity with the deployment of 5G, IoT, and cloud services, NMS solutions will need to adapt to meet these challenges.
• United States: In the U.S., NMS solutions are increasingly incorporating AI and machine learning for enhanced network automation and predictive analytics. Companies like Cisco and VMware are leveraging AI-based NMS platforms that provide high-performance monitoring, real-time analytics, and automated troubleshooting. There is also a growing emphasis on integrating NMS with cloud-native environments to support hybrid and multi-cloud architectures, reflecting the increasing importance of cloud services in enterprise IT strategies.
• China: The rapid growth of the NMS market in China is driven by the expansion of 5G networks and smart city initiatives. Companies like Huawei are developing NMS solutions to handle the high-speed and high-capacity requirements of 5G networks. These platforms are also being designed to manage complex 5G architectures and support a large number of IoT devices. As concerns about network security and data protection increase, China is investing in the development of advanced cybersecurity features for NMS.
• Germany: Germany is focusing on integrating NMS with Industry 4.0 initiatives and the Industrial Internet of Things (IIoT). German companies are developing NMS solutions to address the specific needs of industrial networks, such as real-time monitoring and control of manufacturing processes. There is also a move toward open-source NMS solutions to provide greater flexibility and customization. Additionally, there is an increasing focus on energy-efficient network operations and sustainable technology practices.
• India: In India, the growth of the NMS market is driven by the expansion of telecommunications infrastructure and digital transformation initiatives. Companies are investing in NMS solutions to support the deployment of 4G and upcoming 5G networks. Emphasis is being placed on cost-effective NMS solutions that can scale with the increasing number of devices and users. Indian enterprises are also adopting NMS for better network visibility and management, enabling them to optimize their IT environments.
• Japan: Japan is a leader in integrating NMS with cutting-edge technologies such as 5G, edge computing, and smart infrastructure. Japanese companies are developing NMS solutions that provide enhanced visibility and control over complex, high-performance networks. There is a strong focus on using NMS in smart city projects and advanced manufacturing systems, as well as extending automation and integrating AI and machine learning to ensure network efficiency and reliability.
Features of the Global Network Management Systems Market
Market Size Estimates: Network management systems market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Network management systems market by various segments, such as by component, deployment, enterprise, end use industry and region in terms of($B).
Regional Analysis: Network management systems market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different, component, deployment, enterprise, end use industry, and regions for the network management systems market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the network management systems market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q.1 What is the network management systems market size?
Answer: The global network management systems market is expected to reach an estimated $17.2 billion by 2030.
Q.2 What is the growth forecast for network management systems market?
Answer: The global network management systems market is expected to grow with a CAGR of 9.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the network management systems market?
Answer: The major drivers for this market are increasing utilization of networks for the organizationÄX%$%Xs internal and external operations, increasing investments in it network infrastructure, and ongoing 5G rollouts.
Q4. What are the major segments for network management systems market?
Answer: TThe future of the lobal network management systems market looks promising with opportunities in the IT & telecom, BFSI, government, manufacturing, healthcare, transportation & logistics, retail, and media & communication markets.
Q5. Who are the key Network Management Systems Market companies?
Answer: Some of the key network management systems companies are as follows:
• SolarWinds Worldwide
• International Business Machines Corporation
• Broadcom
• Riverbed Technology
• Cisco Systems
• BMC Software
• Nokia Corporation
• Oracle Corporation
• Paessler
• Viavi Solutions
Q6. Which network management systems market segment will be the largest in future?
Answer: Lucintel forecasts that services is expected to witness highest growth over the forecast period.
Q7. In network management systems market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the network management systems market by component (solutions and services), deployment (on-premises and cloud-based), enterprise (large enterprises and small & medium enterprises), end use industry (IT & telecom, BFSI, government, manufacturing, healthcare, transportation & logistics, retail, media & communication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Network Management Systems Market, Network Management Systems Market Size, Network Management Systems Market Growth, Network Management Systems Market Analysis, Network Management Systems Market Report, Network Management Systems Market Share, Network Management Systems Market Trends, Network Management Systems Market Forecast, Network Management Systems Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.