Network Management Market worth $ 6.35 Billion by 2018

Thursday 14 November 2013, Amsterdam

The report "Network Management Market Performance Monitoring and Management, IP Address Management, Traffic Management, Device Management, Configuration Management, Security Management - Worldwide Market Forecasts and Analysis (2013 - 2018)", defines and segments the global network management market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.

The challenge to counter the increasing number of network security breaches and existence of outdated network management systems in organizations is enormous. The vendors in the network management market are constantly innovating and remodeling their existing architecture to develop better and more secure systems. Major vendors in the network management market are Cisco, IBM, Juniper Networks, HP, Dell, EMC, SolarWinds and so on. The major forces driving this market are increased number of network security breaches, and the ever-growing network.

This study broadly segments the global network management market by regions: North America (NA), Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America (LA); by solutions: network performance monitoring and management, IP Address Management (IPAM), network traffic management, network device management, network configuration management, network security management and others; by services: consulting, integration, support and others; by users: Small and Medium-sized Businesses (SMBs) and large enterprises; by industry verticals: government, education and academia, defense, hospitality, telecom and Information Technology (IT), oil and gas, energy and utilities, transportation and logistics, manufacturing, retail and consumer goods, Banking, Financial Services, and Insurance (BFSI), media and entertainment, healthcare and others.

This study forecasts the global network management market to grow from $4.21 billion in 2013 to $6.35 billion in 2018. In terms of regions, North America is expected to be the biggest market in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience increased market traction, during the forecast period.