An effort to build the global unified network management market 2020 has been one of the crucial actions led by Market Research Future (MRFR). It divulges a detailed study on the market, portraying the estimated valuation of USD ~13 Billion by 2022 while staggering at a substantial CAGR during the forecast period (2016-2022).
Market Drivers & Challenges
MRFR’s study discloses how fast the market is intensifying, in an effort to persuade the functions and abilities across the globe. The factors attributing to the unified network management market’s expansion are concerned with services that it offers, such as arranging, provisioning, exception handling, planning, monitoring, and reporting. The industry has observed a trend observed towards unified networking is a way to deal with an increasingly mobile workforce accessing corporate networks, through a variety of devices such as smartphones and tablets, notebook and desktop computers.
At the same time, the unified network management market is also displaying a rapid growth graph in the foreseeable years. The rapid growth of the market is happening with the rising demand for advanced analytical tools and analytics applications. Therefore, the ability to provide better cybersecurity and advanced analytics are further foremost factors driving the unified network management market.
As an add-on, unified network management also provides several solutions such as network monitoring management, network security management, network traffic management, configuration, network application management, and server management. These solutions benefit the organizations that practice such management for handling the ever-increasing data traffic, thus providing better security. MRFR’s study also indicates that there has been a considerable rise in the adoption of cloud services that has amplified the demand for cloud-based unified network management, which affected the global market of unified network management.
Segmentation of Market:
As per the study, Unified network management Market has also been segmented by the elements of organization size, solution, type, deployment, services, and end-user.
The unified network management market by Type: Wired network management and wireless network management are the segments.
The market by deployment type: Cloud and On-premise are the segments.
The market by organization size: Enterprise and small and medium businesses are the segments.
The market by end-user: Communication service provider (CSP), BFSI, cloud service provider, healthcare, government, managed service providers, media, and entertainment.
The market by service: Training and Support, managed and integration service, and consulting are the segments.
The market by solution: Configuration and server management, network security management, network application management, network traffic management, and network monitoring management are the segments.
The regional scrutiny of Unified network management is further studied for regions such as Europe and the Rest of the World, North America, Asia pacific.
The study observed that North America is leading the Unified network management market for the reason directed to the high implementation of network solutions.
The Unified network management market shows steady and considerable growth in the European region. Whereas, Asia Pacific region might also grow expressively in the Unified network management market over the forecast period. The reasons allotted are claiming towards accumulative advancements in mobility and cloud adoption. Also, it has been observed that several countries are adopting unified networking solutions to optimally utilize their networking plans to boost customer relations as well as employee productivity.
Market Key Players
The protruding players in the Unified network management market are listed as Ericsson (Sweden), Juniper Networks (U.S.), Accenture PLC (Ireland), IBM Corporation (U.S.), Alcatel-Lucent S.A. (France), Cisco Systems, Inc. (U.S.), HP (U.S.), Allot Communication (U.S.), Brocade Communications Systems, Inc. (U.S.), Tibco Software (U.S.), Ascom Holdings AG (Switzerland), Bradford Networks, Inc. (U.S.), and Sandvine Inc. (Canada).
About Market Research Future:
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