The global network configuration and change management market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Network configuration and change management (NCCM) ameliorates control over critical infrastructure data, reduces cost, saves time by increasing automation, and eliminates manual tasks. NCCM tools emphasize on detecting, auditing, and alerting on changes; discovering and documenting network device configurations; and comparing configurations with the policy or gold standard for that device; and deploying configuration updates to multivendor network devices. Pivotal growth factors of the market include increasing demand for network automation, network security, and evolving infrastructure for network infrastructure.
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With the increase in the number of enterprises across the globe, the networks are continuously growing in size and complexity with the addition of new devices and new technologies. Under such a scenario, it becomes very essential for IT managers to prevent network downtime and performance degradation in an organization. Changes in erroneous manual network configuration are one of the primary reasons due to which the network downtime and degradation of application performance have occurred. This surges the need for efficient management of the network configuration.
There are several industry players operating in the market which are further influencing the market growth. Some key players operating in the market include Cisco Systems, Inc., HP Inc., IBM Corp., and Dell Technologies, Inc., among others. These players are eyeing to strengthen their position in the market by adopting various strategies such as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Component
o By Deployment Mode
o By Industry Vertical
o By End-User
- Competitive Landscape: Cisco Systems, Inc., HP Inc., IBM Corp., and Dell Technologies, Inc., among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Network Configuration and Change Management Market Report Segmentation
By Component
- Software
- Services
By Deployment Mode
- On-Demand
- On-Premise
By Industry Vertical
- BFSI
- Healthcare
- Education
- IT & Telecom
- Energy
- Government
- Others
By End-User
- Small and Medium Enterprises
- Large Enterprises
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
