Technavio
Announces the Publication of its Research Report Global
Network Management System (NMS) Market 2018-2022
Technavio
recognizes the following companies as the key players in the global network
management system (NMS) market: Cisco Systems, Dell, Huawei Technologies, HPE
Commenting
on the report, an analyst from Technavios team said: The latest trend gaining
momentum in the market is 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.
Request For Free Sample
Report Available @ https://marketreportscenter.com/request-sample/573715
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,
Manage Engine 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.
Further,
the report states that one of the major factors hindering the growth of this
market is Complex installation process. The installation of NMS is complex in
nature, owing to the requirement of high accuracy and number of small
processes, such as enabling VLAN ports and provisioning network ports with
network configuration. The degree of complexity is less when considering a
small network in an enterprise. However, for a large network, such as telecom
network backhaul projects, it takes months to install, commission, and
integrate all network elements in the NMS. Furthermore, the number of network
elements that can be added to one NMS is restricted based on the license fee
paid by the customer to the NMS provider. Also, NMS works on proprietary
network nodes. For instance, if a cellular operator uses two types of network
equipment from vendors, such as Huawei Technologies and Nokia, in that case,
the operator will have to deploy two separate NMS to achieve the visibility of
nodes. Currently, the integration of products from different vendors in the
same NMS platform has not been achieved. Thus, for each equipment, a cellular
operator will require a separate NMS. This increases the overall cost of a
customer or cellular operator.
The
study was conducted using an objective combination of primary and secondary
information including inputs from key participants in the industry. The report
contains a comprehensive market and vendor landscape in addition to a SWOT
analysis of the key vendors.
About Network Management System
NMS
is a collection of software and hardware that enables an IT expert to monitor,
control, and manage the entire network of an enterprise.
Technavios
analysts forecast the global network management system (NMS) market to grow at
a CAGR of 3.98 % during the period 2018-2022.
Complete Report with
TOC Available @ https://marketreportscenter.com/reports/573715/global-network-management-system-nms-market-2018-2022
Covered in this report
The
report covers the present scenario and the growth prospects of the global
network management system (NMS) market for 2018-2022. To calculate the market
size, the report considers the MNS in which hardware and software are used to
manage the network.
The market is divided into the
following segments based on geography:
·
Americas
·
APAC
·
EMEA
Technavio's
report, Global Network Management System (NMS) Market 2018-2022, 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.
Key vendors
·
Cisco Systems
·
Dell
·
Huawei Technologies
·
HPE
Market driver
Growing
data traffic in enterprises
For
a full, detailed list, view our report
Market challenge
·
Complex installation process
·
For a full, detailed list, view our
report
Market trend
·
Transition toward 5G
·
For a full, detailed list, view our
report
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