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) Read More

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. Read More

Which is the fastest growing region in Unified Network Management Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Unified Network Management Market?

In 2024, the North America accounts for the largest market share in Unified Network Management Market. Read More

What years does this Unified Network Management Market cover?

The report covers the Unified Network Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Unified Network Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Unified Network Management Market Trends

Statistics for the 2023 & 2024 Unified Network Management market trends, created by Mordor Intelligence™ Industry Reports. Unified Network Management trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Unified Network Management Industry

This section covers the major market trends shaping the Unified Network Management Market according to our research experts:

Increasing Adoption of SDN to Drive the Market

Software Defined Network is considered as one of the disruptive technologies in the area of networking, industries have initiated to build their strategies around this technology as it continues its penetration with an increasing consumer base.
This has primarily been driven by a need for virtualization of networks in datacentres as there has been an exponential growth in the generation of data. Looking from the network management perspective, one of the major additions in the SDN architecture is the presence of software-based centralized software controller which now allows the abstraction of underlying networking infrastructure for several network services and applications.
Because of this, the unified network management tools will be able to gather more granular insights and configure faults in runtime. The increasing market presence of SDN is expected to drive the unified network management market.

Amount of Traffic From Software Defined Networks and Network Function Virtualization in Data Centers, in Zettabytes, Global, 2015-2021*

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Asia-Pacific to Witness High Growth

The Asia-Pacific region is expected to witness the fastest growth among all other regions in the market. The growth in this region is primarily driven by a large number of SME’s scaling their business to larger networks and in turn facing complexity in network management.
The region has also become a lucrative market for many businesses owing to the cost advantages in growing economies and hence has been attracting many organizations which are deploying state of the art network management systems thus inflating the demand for unified network management.
More and more organizations in this region are adopting cloud solutions for their business operations and as the cloud penetration in the region increases, the need for the expertise to manage the complex network will increase which is also likely to drive the market in the region.