Active Network Management Market by Global Demand and Latest Technology Advancements 2021 to 2030

The Global Active Network Management Market size valued to USD 658.3 million in 2019, shall garner USD 3034.9 million by 2030, witnessing a CAGR of 14.9% from 2020-2030.

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Top Companies: Cisco, IBM, Juniper Networks, Huawei, Nokia, Solar Winds, NETSCOUT, CA Technologies (Broadcom), Riverbed Technology, Ipswitch (Progress), Micro Focus, BMC Software, Colasoft, Flowmon Networks, ExtraHop Networks, Manage Engine, Paessler AG, Live Action, SevOne, Kentik, Cubro Network Visibility, VIAVI Solutions, Kaseya, Accedian, Help Systems, AppNeta, Extreme Networks, Ericsson, Opmantek and others.

Market Dynamics and Trends

The global Active Network Management market is growing significantly, owing to factors like increase in demand for uninterrupted power supply, raising requirement for efficient power management solutions, and upsurge in demand for energy planning in smart-city projects. Furthermore, the advancements in renewable energy generation, technological investments in smart power grid systems, and infrastructural expansions in the emerging economies are to supplement the market growth in the future.

However, factors like lack of IT infrastructure in the underdeveloped regions, and higher deployment costs, may impede the growth of the global Active Network Management market during the forecast period.

Moreover, the rise in ICT outflow by governmental bodies in some of the developed as well as developing nations, growing urbanization, upsurge in IoT and connected devices are expected to create lucrative opportunities in the global active network management market in the near future.

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Market Segmentations and Scope of the Study:

The global active network management market share is analyzed based on type, application, industry, and geography.

Based on type, the market is segmented into service and software. Based on application, the market is fragmented into Automation, Grid Asset Monitoring, Real-time Monitoring, and Others On the basis of industry, the market is divided into Energy & Utility, Transportation, Government, and Others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

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