Global Network Management Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Network Management Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Network Management Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Network Management Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The main role of network management is to manage the computer networks. Network system administrator manages the network with the set of hardware and software tools. Every organization or business requires proper support and maintenance of network infrastructure.
There is continuous demand for network services, due to this factor the market is increasing tremendously. Growth in the cyber crimes as well as increasing use of IP videos, data centers and virtualization are some of the driving elements for the market growth.
Evolution of artificial technology is the important opportunity of the market. The other opportunities includes, optimization of business operations and business prospects with small an medium organizations. The market has to face several challenges includes low level end-user awareness and lack of enterprise expertise.
Key Question Answered:
What will be the market size in 2025 and at what rate it will grow?
Who are the major key players in global network management market and what are their strategies?
Which vertical industry is expected to show major growth?
What segment and region will lead the market and why?
The major companies profiled in the report include: Cisco, IBM, HP, Huawei, Ericsson, Alcatel-Lucent, Avaya, Juniper Networks, CA Technologies, EMC, and others .
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