Market Size of Unified Network Management Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 18.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Unified Network Management Market Analysis
The Unified Network Management Market was valued at USD 8.01 billion in 2020 and is expected to reach USD 21.63 billion by 2026, at a CAGR of 18% over the forecast period 2021 - 2026. There is an industry trend toward unified networking as a way to deal with an increasingly mobile workforce accessing corporate networks remotely through a variety of devices, including smartphones and tablets as well as notebook and desktop computers.
- The increased adoption of technology across various industry verticals has pushed the vendors to integrate cloud solutions and other IT technologies in their operations in order to leverage that to optimize their operations along with improvement in their performance by reduced downtime and better fault resolution.
- The most prominent LAN deployment type is the wireless one, the reason being, it needs considerable low costs to setup as compared to other types. The market is also driven by BYOD increased adoption and upcoming architectures like SDN, which are some of the factors driving the market forward.
- Moreover, the rapidly increasing demand for advanced analytical tools and analytics applications across industries coupled with the ability to provide better cybersecurity and advanced analytics are the main factors driving the unified network management market.
Unified Network Management Industry Segmentation
A unified network management solution makes common network functions manageable from a single console. Such functions include planning, configuring, monitoring (including performance, security, and integrity monitoring), handling exceptions, logging, and reporting.
| By Enterprise Size | |
| Small and Medium Enterprise | |
| Large Enterprise |
| By Solution | |
| Network Performance Management | |
| Network Monitoring Management | |
| Network Configuration Management | |
| Network Security Management | |
| Network Application Management |
| By Deployment | |
| On-premise | |
| Cloud |
| By End User | |
| Telecommunication & IT | |
| Education | |
| Retail | |
| Healthcare | |
| Government | |
| BFSI | |
| Other End Users |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East & Africa |
Unified Network Management Market Size Summary
The unified network management market is experiencing significant growth, driven by the increasing need for organizations to manage complex networks due to a mobile workforce and the proliferation of devices accessing corporate networks. This trend is further fueled by the adoption of cloud solutions and IT technologies across various industries, which aim to optimize operations and enhance performance through reduced downtime and improved fault resolution. The market is also propelled by the growing adoption of wireless LAN deployments, BYOD policies, and emerging architectures like Software Defined Networking (SDN). These factors contribute to the demand for advanced analytical tools and cybersecurity measures, which are essential for effective network management.
The Asia-Pacific region is anticipated to witness the fastest growth in the unified network management market, driven by the expansion of SMEs and the increasing complexity of network management in larger networks. The region's cost advantages and growing economies attract businesses to deploy advanced network management systems, further inflating market demand. As cloud solutions become more prevalent, the need for expertise in managing complex networks is expected to rise, further propelling market growth. The market is competitive, with numerous small and large players, and key strategies include product and service innovation, as well as mergers and acquisitions, with major companies like Cisco Systems, Hewlett Packard Enterprise, and Huawei Technologies leading the charge.
Unified Network Management Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.3.1 Increasing Adoption of SDN
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1.3.2 Need for Increased Security and Uptime
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1.4 Market Restraints
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1.4.1 Lack of Expertise
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1.5 Industry Attractiveness - Porter's Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Enterprise Size
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2.1.1 Small and Medium Enterprise
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2.1.2 Large Enterprise
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2.2 By Solution
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2.2.1 Network Performance Management
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2.2.2 Network Monitoring Management
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2.2.3 Network Configuration Management
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2.2.4 Network Security Management
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2.2.5 Network Application Management
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2.3 By Deployment
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2.3.1 On-premise
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2.3.2 Cloud
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2.4 By End User
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2.4.1 Telecommunication & IT
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2.4.2 Education
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2.4.3 Retail
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2.4.4 Healthcare
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2.4.5 Government
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2.4.6 BFSI
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2.4.7 Other End Users
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2.5 Geography
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2.5.1 North America
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2.5.2 Europe
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2.5.3 Asia-Pacific
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2.5.4 Latin America
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2.5.5 Middle East & Africa
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Unified Network Management Market Size FAQs
What is the current Unified Network Management Market size?
The Unified Network Management Market is projected to register a CAGR of 18% during the forecast period (2024-2029)
Who are the key players in Unified Network Management Market?
Cisco Systems, Inc., Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Broadcom Inc. (CA Technologies Inc.) and Juniper Networks, Inc. are the major companies operating in the Unified Network Management Market.
