Network Configuration and Change Management Market Size, Share, And Growth Report 2032

Network Configuration and Change Management Market: Size

The global Network Configuration and Change Management market size was worth around USD 1629.56 million in 2023 and is predicted to grow to around USD 2753.11 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.00% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD million). The report covers a forecast and an analysis of the Network Configuration and Change Management market on a global and regional level.

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Network Configuration and Change Management Market: Overview

Network configuration and change management is a solution that focuses on decreasing downtime, providing uniform configuration, and reducing human errors caused by manual configuration changes. Majority of the time spent in an organization is for handling and facing downtime caused by human errors. This can simply be avoided by using network configuration and change management, as it provides operational efficiency by using automation. This, in turn, leads to reduced cost and human errors.

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. NFV is a visualization of the various network services that run on hardware and firewalls and are packaged as virtual machines. However, increased competition in the implementation of this technology is expected to limit the network configuration and change management market to some extent. Moreover, the growing need for automation is anticipated to create new growth opportunity for the market in the future.

Network Configuration and Change Management Market: Segmentation

The study provides a crucial view of the network configuration and change management market by segmenting it based on deployment, component, industry vertical, end-user, and region. All the segments of network configuration and change management market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By industry vertical, the government sector is the leading sector due to its rising technology usage to link all the department data, such as agriculture, to meet the increased public sector demand. Technology integration has created a huge database of the people, which is continuously updated as per the requirement. The continuous need for data up-gradation often results in chaos. Thus, to avoid any data loss and ensure smooth functioning, the addition of devices and remove complexity, NCCM is used. The healthcare segment used this technology to provide accurate, efficient, and quick update about patients and help in monitoring a patient’s activities remotely. A combined network is created for doctors and nurses along with tracking real-time activities of patients. This helps the doctor to monitor patients by accessing the network and give necessary instructions.

Network Configuration and Change Management Market: Report Scope

Network Configuration and Change 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. 

Latin America is estimated to grow substantially in the network configuration and change management market over the forecast timeframe, owing to its developing telecommunication sector. As telecom providers are upgrading their technologies, their customer base is also growing. Thus, to maintain a secure network and avoid any errors, network configuration and change management technology is used. This technology also eases the process and provides solutions for backhaul operations. This regional market is anticipated to grow notably in the upcoming years, owing to its increased demand for automation purposes.

Network Configuration and Change Management Market: Competitive Players

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
• NetBrain Technologies

The Global Network Configuration and Change Management Market is segmented as follows:

Global Network Configuration and Change Management Market: Deployment Analysis

• On-Premises
• On-Demand

Global Network Configuration and Change Management Market: Component Analysis

• Software
• Services

Global Network Configuration and Change Management Market: Industry Vertical Analysis

• BFSI
• Education
• Healthcare
• IT and Telecom
• Government
• Energy
• Others

Global Network Configuration and Change Management Market: End-User Segment Analysis

• SMEs
• Large Enterprises

Global Network Configuration and Change 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