|[February 28, 2014]
Research and Markets: Global Network Management Software Market in the Telecom Industry 2012-2016: Market Share, Geographical Segmentation & Forecasts
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/bqgp8d/global_network)
has announced the addition of the "Global
Network Management Software Market in the Telecom Industry 2012-2016"
report to their offering.
Analysts forecast the Global Network Management Software Market in the
Telecom Industry grow at a CAGR of 9.08 percent over the period
2012-2016. One of the key factors contributing to this market growth is
the increased deployment of next-generation telecom networks. The Global
Network Management Software Market in the Telecom Industry has also been
witnessing the increase adopting of automated network management
software. However, the budgetary restraints on IT investment in the
Telecom industry could pose a challenge to the growth of this market.
Key vendors dominating this spae include CA Technology Inc., NetScout (News - Alert)
Systems Inc., IBM Corp., Hewlett-Packard Co., and Visual Network Systems
Other vendors mentioned in the report are Alcatel-Lucent, Cisco Systems
Inc., Ericsson (Lm) Tel-Sp Adr., Huawei Technologies Co. Ltd.,Nokia
Siemens (News - Alert) Networks B.V., and ZTE Corp.
Commenting on the report, an analyst from the Telecom team said: 'The
adoption of automated network management software is an emerging trend
witnessed in the Telecom industry. In line with this trend, vendors have
started offering automated network management software. Many forms of
automation are available in telecom network management. This software
helps telecom network service providers overcome the difficulties in
detection of network faults, network configuration auditing and
compliance analysis, and root cause analysis of network faults, and
alarms on the detection of network issues and problems. The automated
functions of network management software help network managers keep pace
with the dynamically-changing business environment. Thus, the increase
in the adoption of automated network management software is an emerging
trend that is expected to have a positive impact on the market during
the forecast period.'
The report also includes a discussion of the other vendors operating in
this market. The other vendors in the market are Alcatel-Lucent, Cisco (News - Alert)
Systems Inc., ERICSSON (LM) TEL-SP ADR, Huawei Technologies Co. Ltd.,
Nokia Siemens Networks B.V. and ZTE Corp.
For more information visit http://www.researchandmarkets.com/research/bqgp8d/global_network
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