07-Aug-2019 | Zion Market Research
Zion Market Research has published a new report titled “Network Configuration and Change Management Market By Component (Software and Services), By Deployment (On-Premises and On-Demand), By Industry Vertical (BFSI, Education, Healthcare, IT and Telecom, Government, Energy, and Others), and By End-User (SME and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global network configuration and change management market was around USD 1,279 million in 2018 and is expected to reach approximately USD 2,094 million by 2025, at a CAGR of slightly above 7.3% between 2019 and 2025.
The network configuration and change management system provides continuous monitoring and real-time alerts in case of any change in the configuration, which helps in improving network management, especially in a multi-vendor network infrastructure. The problems are fixed before the change can impact the network configuration. Furthermore, it helps in reducing human errors that are caused due to manual changes in the configuration along with detecting, alerting, and auditing the changes and facilitating configuration updates to network admins. The major driver of the network configuration and change management market globally is the rising demand for network infrastructure upgrades and increasing complexity of these networks. Furthermore, the rising applications of software-defined network (SDN) and network function virtualization (NFV) have also increased worldwide the technological adoption. SDN ensures a network’s improved agility and flexibility, which helps in making the network alert to any changes and simultaneously reduces the overall response time of changing business demands. However, increased competition in the implementation of this technology is expected to limit the network configuration and change management market to some extent.
Browse the full “Network Configuration and Change Management Market By Component (Software and Services), By Deployment (On-Premises and On-Demand), By Industry Vertical (BFSI, Education, Healthcare, IT and Telecom, Government, Energy, and Others), and By End-User (SME and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/network-configuration-management-market
The network configuration and change management market is fragmented on the basis of component, deployment mode, industry vertical, and end-user. By industry vertical, the BFSI sector uses network configuration and change management to track their customers, avoid any type of fraud, and tackle any security breach in the network. The utmost priority for the BFSI sector is to ensure their customers to conduct transactions in a safe and secure manner. This can be achieved by implementing network configuration and change management in the organization. Furthermore, the IT and telecom sector is one of the fastest-growing segments in this market. The expansion in infrastructure, size, and population enables this technology to make complex operations simple, which helps in managing the network and the devices connected to it.
The Asia Pacific region is estimated to grow notably in the network configuration and change management market, due to the substantial developments witnessed in countries like India, China, and Japan. India has witnessed a rise in the adaption rate of cloud in both public and private sectors. Therefore, the Indian government is upgrading its network infrastructure by adopting latest technologies to make operations easy for both the sectors, as the network configuration and change management is cost-effective in nature and offers affordable solutions to manage networks. Europe is anticipated to be one of the major contributors to the network configuration and change management market globally, owing to its acceptance and implementation of innovation and various technological advancements across this region. Germany is projected to lead the automation market growth in the future.
Some noticeable players of the network configuration and change management market are Cisco, HP, IBM EMC, Ipswitch, SolarWinds, ManageEngine, Alter Point, Dorado Software, Netcordia, Uplogix, Quest Software, and NetBrain Technologies.
This report segments the global network configuration and change management market into:
Global Network Configuration and Change Management Market: Deployment Analysis
Global Network Configuration and Change Management Market: Component Analysis
Global Network Configuration and Change Management Market: Industry Vertical Analysis
Global Network Configuration and Change Management Market: End-User Segment Analysis
Global Network Configuration and Change Management Market: Regional Analysis
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