$10+ Billion Network Management System (NMS) Market by Component, Deployment Type, End-Users, Organization Size, and Region - Global Forecast to 2023

Dublin, Oct. 15, 2018 (GLOBE NEWSWIRE) -- The "Network Management System (NMS) Market by Component (Solutions (Standalone and Bundled), and Services), Deployment Type (Cloud and On-premises), End-Users (Verticals and Service Providers), Organization Size, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering

The global NMS market size is expected to grow from USD 6.17 billion in 2018 to USD 10.20 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.

The major growth drivers for the market include in-depth visibility into network security, the need of maintaining Quality of Experience (QoE) and Quality of Service (QoS), global growth of network infrastructure, and better optimization of business operations. However, the availability of free network management tools may restrain market growth.

On the basis of organization size, the large-enterprise segment is expected to hold the largest market size in the NMS market during the forecast period. Large enterprises, data centers, and service providers have rapidly started deployment of network management tools over networks to manage and analyze the network traffic and protect it against security attacks, such as malware, Distributed Denial of Service (DDoS), botnet, viruses, and worms. NMS solutions help large enterprises in improving network performance, optimizing the network, reducing the operational costs and agile business processes, and minimizing the infrastructure complexity, thus gaining traction.

On the basis of verticals, the Banking, Financial Services, and Insurance (BFSI) vertical is expected to hold the largest market size in the NMS market during the forecast period. The vertical comprises a variety of institutions, which include banking, insurance, securities, and finance. These institutions face distinctive challenges, which have economical risks, such as loss of financial data and customer information for internal and external transactions in case of network failure. These networks are exposed to threats because of tampering of networks or cyber-attacks, which may lead to the entire network failure or cause instability to finances. 24*7 network connectivity and flawless network availability are crucial, which can be achieved by continually monitoring and analyzing the required network, thus overcoming the distinctive challenges. Hence, NMS solutions play a crucial role in the BFSI vertical.

Asia Pacific (APAC) is expected to provide significant growth opportunities for vendors of NMS during the forecast period. The region demonstrates a combination of high growth, developing economies, and mass adoption of mobile and internet. Rapid advancements in network infrastructure, cloud computing, telecom, and IoT have encouraged several enterprises to adopt NMS. With the increasing pressure to achieve greater business agility, more IT organizations in APAC are planning to adopt the NMS system in their business environment to function properly, improve operational efficiency, and reduce cost.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Network Management System Market
4.2 Market By Region, 2018-2023
4.3 Market Share of Top 3 Industry Verticals and Regions, 2018
4.4 Market By Organization Size, 2018-2023
4.5 Market Investment Scenario

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 In-Depth Visibility Into Network Security
5.2.1.2 Need of Maintaining Quality of Experience (QOE) and Quality of Service (QOS)
5.2.1.3 Global Growth of Network Infrastructure
5.2.1.4 Better Optimization of Business Operations
5.2.2 Restraints
5.2.2.1 Availability of Free Network Management Tools
5.2.3 Opportunities
5.2.3.1 Exponential Growth in Global Ip Traffic and Cloud Traffic
5.2.3.2 Prominence of Internet of Things (IoT), AI and SDN
5.2.3.3 High Demand for Integrated Nms Solutions Among Businesses
5.2.4 Challenges
5.2.4.1 Difficulties in Selecting the Right Nms Solution Vendor, and the Intense Market Competition
5.2.4.2 Budgetary Constraints on It Investments
5.3 Use Cases
5.3.1 Use Case 1: Appneta
5.3.2 Use Case 2: Ipswitch
5.3.3 Use Case 3: Paessler
5.3.4 Use Cases 5: Flowmon Networks
5.4 Regulatory Landscape
5.4.1 Health Insurance Portability and Accountability Act
5.4.2 General Data Protection Regulation
5.4.3 Gramm-Leach-Bliley Act
5.4.4 The International Organization for Standardization Standard 27001
5.4.5 Health Level Seven International

6 Network Management System Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Standalone Network Management Solutions
6.2.1.1 Network Configuration
6.2.1.2 Network Performance and Monitoring
6.2.1.3 Log and Event Management
6.2.1.4 Cloud, Virtual, and SDN Monitoring
6.2.1.5 Others
6.2.2 Bundled Network Management Solution
6.3 Services
6.3.1.1 Consulting Services
6.3.1.2 Integration and Deployment Services
6.3.1.3 Training, Support and Maintenance Services

7 Market By Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On-Premises

8 Network Management System Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises

9 Market By End-User
9.1 Introduction
9.2 Verticals
9.2.1 Banking, Financial Services, and Insurance
9.2.2 It and Ites
9.2.3 Government
9.2.4 Manufacturing
9.2.5 Healthcare
9.2.6 Retail
9.2.7 Transportation and Logistics
9.2.8 Others
9.3 Service Providers

10 Network Management System Market, By Region
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Germany
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia and New Zealand
10.4.5 Rest of Asia
10.5 Middle East and Africa
10.5.1 Middle East and North Africa
10.5.2 Sub-Saharan Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Mexico
10.6.3 Rest of Latin America

11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 Partnerships, Agreements, and Collaborations
11.2.2 New Product/Service Launches and Product Enhancements
11.2.3 Mergers and Acquisitions
11.2.4 Business Expansions

12 Company Profiles
12.1 Introduction
12.2 Cisco
12.3 IBM
12.4 Solarwinds
12.5 CA Technologies
12.6 Nokia
12.7 Juniper Networks
12.8 Netscout
12.9 Riverbed Technology
12.10 Micro Focus
12.11 Ipswitch
12.12 Extrahop Networks
12.13 Colasoft
12.14 Flowmon Networks
12.15 Manageengine, A Division of Zoho Corporation
12.16 Liveaction
12.17 Paessler
12.18 Sevone
12.19 Appneta
12.20 Extreme Networks
12.21 Helpsystems
12.22 Kaseya
12.23 Accedian
12.24 Viavi Solutions
12.25 BMC Software
12.26 Cubro Network Visibility
12.27 Kentik

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