Active Network Management Market Size, Share, Trends, Growth 2032

Active Network Management Market Insights

According to Zion Market Research, the global Active Network Management Market was worth USD 871.93 Million in 2023. The market is forecast to reach USD 3140.13 Million by 2032, growing at a compound annual growth rate (CAGR) of 15.3% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Active Network Management Market industry over the next decade.

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Active Network Management Market: Growth Drivers

Active network management (ANM) refers to automated systems that manage load and generation for specific purposes. These systems basically keep a track of various parameters, such as power, voltage, reactive power, phase balance, and frequency, and whether they are within pre-established limits or not.

The global active network management market is growing significantly, owing to ANM’s numerous advantages for enterprises across various domains. Active network management (ANM) software helps in managing network-related issues in real-time to avoid the consequences of replacing or reinforcing new or additional assets, such as helps in stabilizing systems, detects faults, and minimizes network losses, thereby propelling the active network management market globally. Moreover, the market is also driven by the growing demand for management of network parameters by the active network.

Additionally, the rising demand for smart grid optimization coupled with automation for efficient transmission of electricity is playing a vital role in increasing the network asset utilization and reducing infrastructure costs, thus supporting the active network management market globally. The global active network management is anticipated to witness notable growth, owing to the rise in government spending on ICT expenditure of various countries. Rising technological developments and automation are also driving this market. However, the lack of proper IT infrastructure in underdeveloped nations may limit this global market over the projected time period.

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The report gives a transparent view of the active network management market. We have included a detailed competitive scenario and the portfolio of leading vendors operating in active network management market. To understand the competitive landscape in the active network management market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Active Network Management Market: Segmentation

The study provides a crucial view of the active network management market by segmenting it based on component, organization size, application area, and region.

On the basis of component, the global active network management market includes software and services. The software segment is expected to hold a substantial market share over the projected time period, due to the rising ANM demand owing to the increased control and monitoring of all network-related operations and the growing concerns of power management, calculation of load value, storage devices and renewable generation among enterprises.

By organization size, the market includes large enterprises and SME’s.

The application area segment comprises power, energy and utility, transportation, government, and others.

Active Network Management Market: Report Scope

Active Network Management Market: Regional Analysis

The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.

On the basis of region, the global active network management market is categorized into Asia Pacific, Latin America, the Middle East and Africa, and Europe. North America is anticipated to hold a substantial share of the global active network management market over the projected timeframe, owing to the early adoption of ANM software and increase in the use of ANM software by the regional organizations for effectively managing network operations across applications in energy and utilities and power industries.

Global Active Network Management Market Players Analysis

Some noticeable players of the global active network management market are

• ABB
• GE
• Schneider Electric
• Siemens
• Landis+Gyr
• Itron
• IBM
• Cisco
• Smarter Grid Solutions
• Oracle

This report segments the global active network management market into:

Global Active Network Management Market: Component Analysis

• Software
• Services
• Professional Services
• Consulting
• System Integration
• Support and Maintenance
• Managed Services

Global Active Network Management Market: Organization Size Analysis

• Large Enterprises
• SME’s

Global Active Network Management Market: Application Area Analysis

• Power
  • Power Generation
    • Thermal Power Plants
    • Nuclear Power Plants
    • Renewable Power Plants
  • Power Grids
• Energy and Utility
  • Oil and Gas
  • Electric Power Transmission
  • Water Treatment and Distribution
• Transportation
• Government
• Others

Global Active Network Management Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa