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.
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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.
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