A group of computer software programmes, frameworks, and protocols developed to monitor and manage computer networks that span national, and frequently even transoceanic, boundaries are collectively referred to as "global network management systems" (GNMS). The centralised administration and visibility that these systems provide over the whole network infrastructure allow network managers to proactively monitor, diagnose, and enhance the performance and security of their networks. GNMS frequently includes a full suite of network management services, such as network identification and mapping, performance monitoring, defect detection, configuration management, security management, and reporting. These tasks assist network managers in quickly identifying and resolving issues in addition to preventing network failures and guaranteeing regulatory compliance. Moreover, GNMS allows for the automation of network administration tasks, which can reduce manual errors and increase operational effectiveness. This is especially important in scenarios involving global networks where IT staff may be scattered across numerous regions and time zones. A few of the features typically seen in GNMS are real-time monitoring, alerting and notifications, analytics and reporting, automation and orchestration, and integration with other IT management systems. In general, GNMS is crucial for managing vast, complex networks that are dispersed over numerous sites. By providing centralised management and visibility, network managers can guarantee that network performance is optimised, downtime is minimised, and security issues are successfully managed.
The COVID-19 pandemic has had a significant impact on the international economy, and the market for global network management systems has not been immune to this impact. The outbreak has changed how businesses run and also reduced IT budgets and affected supply chains. These elements have had contrasting effects on the global market for network management systems. One way to look at it is that there was an increase in demand for remote network management solutions as organisations adopted rules allowing employees to work from home as a result of the epidemic. This has led to a rise in the use of network management solutions that enable remote access and monitoring. On the other hand, as a result of the epidemic, less money has been spent on IT, which has hampered the adoption of new network management strategies. Since fraudsters are taking advantage of the rise in remote network access, the epidemic has also increased security risks. The need for network management tools that focus on security and may help businesses protect their networks from internet threats has increased as a result. In general, COVID-19 has had a mixed impact on the global market for network management systems, increasing security concerns and driving up demand for remote network management solutions while also slowing the uptake of new technologies because of constrained IT resources.
Network Management Systems Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Accedian, AppNeta, BMC Software, Broadcom CA Technologies, Cisco, Colasoft, Cubro Network Visibility, eG Innovations, Networks, HelpSystems, Huawei, IBM, Juniper Networks,Kaseya, Extreme Networks, Kentik, LiveAction, ManageEngine, a Division of Zoho Corporation, Micro Focus, NETSCOUT, Nokia, Ericsson, Paessler, Progress (Ipswitch), Riverbed, SolarWinds, VIAVI Solutions.
Global Network Management Systems Market Segmentation:
By Component: Based on the Component, Global Network Management Systems Market is segmented as; Platforms, Solutions, Services.
By Solution: Based on the Solution, Global Network Management Systems Market is segmented as; Network Performance & Monitoring, Cloud Monitoring, Virtual Monitoring, Software-defined Networking Monitoring, Network Configuration, Log & Event Management.
By Enterprise Size: Based on the Enterprise Size, Global Network Management Systems Market is segmented as; Large Enterprises, Small & Medium-sized Enterprises Market.
By Deployment Mode: Based on the Deployment Mode, Global Network Management Systems Market is segmented as; On-Cloud, On-Premise.
By Service: Based on the Service, Global Network Management Systems Market is segmented as; Consulting Services, Integration & Deployment Services, Training, Support, Maintenance Services.
By Business Function: Based on the Business Function, Global Network Management Systems Market is segmented as; Accounting & Legal, Sales & Marketing, Procurement & Supply Chain.
By End User: Based on the End User, Global Network Management Systems Market is segmented as; Service Providers, Verticals.
By Service Provider: Based on the Service Provider, Global Network Management Systems Market is segmented as; Telecom Service Providers, Cloud Service Providers.
By Region: The North American, European, Asia-Pacific, and rest of the world regions make up the worldwide Network Management Systems market. The biggest markets for Network Management Systemss are in North America, Europe, and Asia-Pacific. While the Asia-Pacific area is anticipated to develop significantly in the next years due to the expansion of online education and e-commerce, the North American market is growing as a result of the high adoption of remote work and virtual meetings. Due to the growing need for video communication tools, the Network Management Systems industry is also anticipated to expand throughout the rest of the world.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.