Network Management Software Market 2015 to grow at a CAGR of 6.95% by 2019: Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 09/28/2015 -- Network management software manages computer networks that are spread over a wide range of network devices and software. Global Network Management Software market to grow at a CAGR of 6.95% over the period 2015-2019. The software is used to monitor, control, configure, troubleshoot, plan, allocate, deploy, and coordinate network-based business operations. This software also enables network managers to supervise the individual components within the network management framework that is spread across various regions. Moreover, it helps SMBs and large enterprises reduce the operational cost, centralize the contact center for the network locations, and ease the adaption to the network changes. Furthermore, the integration of network-based tools such as network performance, monitoring management, and network configurations management helps an organization operate and control the whole network cycle. Nowadays, organizations are using automated transmission devices, which has led to a high demand for network management services and solutions.
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The automation of network management software tools is one of the key trends upcoming in this market. The adoption of network management software is expected to help end-users in overcoming network-related challenges such as detecting network faults, network configuration auditing, and compliance analysis. Also, the automation of network management software optimizes the fault and security management process.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Network Management Software market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from network management:
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The report, Global Network Management Software Market 2015-2019, 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 in the coming years. The report also includes profile of key vendors operating in this market.
Network management solutions provide a framework for achieving interactivity and communication across heterogeneous operating systems and telecommunication networks. They enable network managers to supervise individual components of a network in a large network framework spread across a vast area.
"Network management vendors are making in-house teams for developing revenue assurance, fraud management, and cost management solutions,".
"Some of the leading vendors are obtaining these services through consultancy providers and solution developers. In view of this, vendors are developing advanced technologies, including integrated revenue optimization solutions that have revenue assurance, fraud management, and cost and margin analysis capabilities."
To define the market conditions in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.