Network Management Solutions Market Share

Regionally, the global network management solutions market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is expected to dominate majority revenue share by 2036, impelled by presence of a strong information technology (IT) infrastructure in the region, along with a growing number of virtual private networks (VPNs) responsible for the adoption of network management solutions. It was found that, in the year 2020, more than 48 % of adults used a VPN in the United States.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of network management solutions is assessed at USD 8.86 billion.

Network Management Solutions Market size was over USD 8.23 billion in 2023 and is anticipated to reach USD 27.1 billion by 2036, witnessing around 9.6% CAGR during the forecast period i.e., between 2024-2036. Increasing number of internet users along with rising digitization as well as growing e-commerce will drive the market growth.

North America industry is expected to dominate majority revenue share by 2036, impelled by presence of a strong information technology (IT) infrastructure in the region, along with a growing number of virtual private networks (VPNs) responsible for the adoption of network management solutions.

The major players in the market are Accedian Networks Inc., BMC Software, Inc., Cisco Systems, Inc., Broadcom, Inc., ExtraHop Networks, Inc., Nokia Corporation, IBM Corporation, HelpSystems, LLC, Micro Focus, LiveAction and others.

Network Management Solutions Market Share