Thursday 16 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Telecom Network Management System Market: Alcatel-Lucent, Cisco Systems Inc., Ericsson, Huawei Technologies Co. Ltd. and Nokia Solutions and Networks.
Other Prominent Vendors in the market are: CA Technologies, HP, IBM, NetScout Systems, Visual Network Systems and ZTE.
The report said: “One major trend upcoming in the market is increased network bandwidth. The demand for additional network bandwidth has increased significantly, and it is expected to rise even further. With increased bandwidth, the speed and quality of network deployment have also improved considerably.”
According to the report, the growing need for secure networks is one key factor driving the market. In response to this need, network management solutions come with integrated security features. In addition, various regulatory guidelines for safe and secure data transmission are driving the need for network management solutions
Further, the report states that one of the main challenges in the market is the declining profit margins of telecom network management solutions providers. For instance, a reduction in the cost of NG SDPs has increased their demand in recent years
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.