TMCnet News

Global Network Management Software Market to Grow at a CAGR of 6.4%, 2017-2021 with CA Technologies, HPE, IBM, NETSCOUT & SolarWinds Leading the Way - Research and Markets

[April 17, 2017]

Global Network Management Software Market to Grow at a CAGR of 6.4%, 2017-2021 with CA Technologies, HPE, IBM, NETSCOUT & SolarWinds Leading the Way - Research and Markets

Research and Markets has announced the addition of the "Global Network Management Software Market 2017-2021" report to their offering.

The global network management software market to grow at a CAGR of 6.44% during the period 2017-2021.

The report, Global Network Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is outsourcing of network management division to managed service providers. Most NMS vendors are witnessing low-profit margins because of the decrease in average revenue per user (ARPU). To reduce their operational expenses, vendors are outsourcing most of their service functionalities and network maintenance to managed service providers while retaining their core businss operations. As NMS is an integral part of a network and requires a trained workforce, most of the vendors are outsourcing NMS implementation and operation to managed service providers. Outsourcing helps the vendors maintain high-profit margins and good service level agreements (SLA).

Key vendors