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The Global Network Management Market Accounted for $8.11 Billion in 2017, and is Projected to Reach $20.87 Billion by 2026 - ResearchAndMarkets.comThe "Network Management - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. According to the report, the market accounted for $8,111.87 million in 2017 and is expected to reach $20,874.63 million by 2026 growing at a CAGR of 11.1% during the forecast period. The rising demand for secure and safe network services and increased usage of IP video, data centers and virtualization products are the key driving factor for the market. Furthermore, evolution & convergence of various technologies, growth in cyber crimes, rising demand for cloud monitoring, emergence of artificial intelligence and increasing necessitate for optimization of business operations are some of the factors boosting the market growth. However, time required for implementation and its complex methodology are some of the factors restraining the market growth. By services, integraton services segment is projected to the biggest revenue contributor followed by consulting and support services. On the basis of industry verticals, Telecom and IT segment is dominating the market with largest market revenue. The North America region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. However, Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period. Key Topics Covered 1 Executive Summary 2 Preface 3 Market Trend Analysis 4 Porters Five Force Analysis 5 Global Network Management Market, By Services 6 Global Network Management Market, By Solutions 7 Global Network Management Market, By Industry verticals 8 Global Network Management Market, By End-Users 9 Global Network Management Market, By Geography 10 Key Developments 11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/4cs8mx/the_global?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180813005553/en/ |
