Title: Network Management System Market - Forecast(2022 - 2027)
1Network Management System Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- The global Network Management System (NMS) market
size is forecast to reach 13.4 billion by 2027,
growing at CAGR 8.7 from 2022 to 2027. - Network Management System (NMS) helps the network
managements in administering, managing, and
operating a data network, by collecting and
analysing the data, which aids in enhancing the
network provisioning, network configuration,
performance, reliability, and security level. - The growth of network management system market is
mainly attributed to the growing data security
threats and data traffic along with increasing
penetration of 5G network.
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- Key Takeaways
- North America held the major market share in 2021
and is estimated to witness the significant
growth during 2022-2027, owning to early adoption
of this technology, higher investments on
advanced technologies and the presence of
prominent market players in this region. - The market of Network Management System (Nms) is
estimated to witness significant upsurge during
the forecast period, owing to the growing
investments on data center.
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By Distribution Channel- Segment Analysis By
deployment type, the NMS market is segmented into
On-premise and Cloud. Cloud-based network
management system is expected to grow at a
fastest CAGR of 9.7, during the forecast period
2022-2027. Increasing investments for the
development of cloud infrastructure coupled with
rapid digitalization and high penetration of IoT
across industries are driving the growth of this
market. The above-mentioned factors are playing a
major role in the shift from on-premise to cloud,
as cloud-based systems are more cost effective,
easily accessible, highly flexible and many more.
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- Network Management System Market Industry
Outlook - Alcatel Lucent S.A
- Cisco Systems, Inc.
- International Business Machines Corporation
- The Hewlett-Packard Company
- Aruba Networks, Inc.
- CA Technologies, Inc.
- Dell Inc.
- BMC Software, Inc.
- SolarWinds Worldwide, LLC
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Network Management System Market Forecast (2022
- 2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Network-Mana
gement-System-Market-Research-500703
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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