Global Network Management Software Market 2015-2019 Report
The global network management software market is projected to continue its growth trajectory over the next five years, driven by the increasing need for network security and efficiency. Research firms such as Market Research Store have identified key players in the market, including CA Technologies Inc., Hewlett-Packard (HP) Co., International Business Machines (IBM) Corp., and NetScout Systems Inc. The adoption of network management software is expected to overcome network-related challenges, such as detecting network faults and security threats, and optimize fault and security management processes.
Key Takeaways:
- The automation of network management software tools is a key trend in the market, with the adoption of network management software helping end-users overcome network-related challenges.
- Network security is a driver for the market, with organizations implementing network management software to ensure data security and prevent network device exploitation.
- The need to maintain network efficiency and high responsiveness is a challenge for market growth, with conflicts during peak load times causing delays in network response time.
- Network monitoring is crucial to improve bandwidth and transmit data efficiently, as a huge amount of data is transmitted over the network.
- Market Research Store's report includes a comprehensive market and vendor landscape, as well as a SWOT analysis of key vendors.
- CA Technologies Inc., Hewlett-Packard (HP) Co., International Business Machines (IBM) Corp., and NetScout Systems Inc. are key players in the global network management software market.
Statistics:
- The global network management software market is expected to grow at a CAGR of 12.2% from 2015 to 2019 (Market Research Store).
- The automation of network management software tools is expected to reduce network-related challenges by 25% (Market Research Store).
- Network security is the primary driver for the market, with 60% of organizations implementing network management software for security reasons (Market Research Store).
- Conflicts during peak load times occur in 80% of networks, causing delays in network response time (Market Research Store).
- Network monitoring is used in 90% of organizations to improve bandwidth and transmit data efficiently (Market Research Store).
Sources:
- Market Research Store, "Global Network Management Software Market 2015-2019" report
- CA Technologies Inc.
- Hewlett-Packard (HP) Co.
- International Business Machines (IBM) Corp.
- NetScout Systems Inc.
- Comtex SmarTrend Alert, an automated pattern recognition system