DUBLIN--(BUSINESS WIRE)--The "Global Network Management System (NMS) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global network management system (NMS) market to grow at a CAGR of 3.98% during the period 2018-2022.
The latest trend gaining momentum in the market is the transition toward 5G. The NMS offers technical benefits, such as maintaining data traffic and security, which are expected to drive the 5G technology, once it has been released. As the NMS will pave the way for the 5G technology, it is necessary to understand investments being undertaken to develop 5G. As investments in 5G increases, enterprises will witness a growing demand for NMS.
According to the report, one of the major drivers for this market is growing data traffic in enterprises. Exponential data growth in networks is a fundamental challenge for enterprises. The volume of packet data in networks is growing, as enterprises use the Internet for their day-to-day operations. In addition, the network traffic in enterprises is increasing, owing to the rise in the use of instant messaging, VoIP, social networking sites, and video conferencing. The increase in data traffic is reducing the efficiency and predictability of the network. Hence, organizations are now heavily dependent on the NMS to manage data traffic more efficiently.
Some network management softwares in the market are HP IMC Enterprise Software Platform, Netcool Network Management by IBM, ManageEngine OpManager, and CisoWork by Cisco. As the NMS can interconnect various networking devices on several network segments, the packet data can be transferred more efficiently. This is expected to drive the growth of the global NMS market.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Cisco Systems
- Huawei Technologies
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by Application
Part 09: Customer Landscape
Part 10: Market Segmentation by Services
Part 11: Regional Landscape
Part 12: Decision Framework
Part 13: Drivers and Challenges
Part 14: Market Trends
Part 15: Vendor Landscape
Part 16: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/jzgnwz/global_network?w=4