
Report ID: SQMIG45F2167
SkyQuest Technology's Network management system market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Network Management System Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Network Management System Market size was valued at USD 10.1 billion in 2023 and is poised to grow from USD 11.16 billion in 2024 to USD 24.81 billion by 2032, growing at a CAGR of 10.5% during the forecast period (2025-2032).
As the work is increasingly done remotely and managing geographically diverse networks has become complex, this has led to increased demand for network management system solutions that come with robust remote capabilities. Significant technological developments in network technology are being observed in network management systems. The global network management systems (NMS) market is expanding due to technological developments in networks. Network operations are becoming more sophisticated and dynamic due to innovations like 5G, software-defined networking (SDN), and network function virtualization (NFV). To properly manage, automate, and optimize network performance in light of these developments, sophisticated NMS systems are required.
Furthermore, data traffic has increased exponentially due to the growth of cloud computing and the Internet of Things, necessitating the use of increasingly advanced network management technologies. The progressive and biggest market expansion is due to the rising need for more advanced NMS solutions implementing infrastructure capabilities in uninterrupted connectivity assurance, security, and advanced network efficacy. As the networks grow tremendously complex by data traffic increases, cloud adoption, and connectivity to the IoT, fault management, network automation, and performance monitoring are the strong solutions organizations require at such times. These technologies provide proactive management and quick resolution of network problems by offering real-time information, automation, and analytics.
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Network Management System Market size was valued at USD 9.09 Billion in 2023 and is poised to grow from USD 10.01 Billion in 2024 to USD 21.6 Billion by 2032, growing at a CAGR of 10.1% during the forecast period (2025-2032).
Key vendors in Network Management System Market are : 'Cisco Systems (USA)', 'Huawei Technologies (China)', 'IBM (USA)', 'Juniper Networks (USA)', 'NetScout Systems (USA)', 'Brocade Communications (USA)', 'Zebra Technologies (USA)', 'Alcatel-Lucent Enterprise (France)', 'SolarWinds (USA)', 'Nokia Networks (Finland)', 'Fortinet (USA)', 'Arista Networks (USA)', 'Extreme Networks (USA)', 'Palo Alto Networks (USA)', 'Viavi Solutions (USA)'
5G is used to increase the efficiency of network management systems when businesses go for modern, distributed architectures. With the development of cloud services, Internet connection of things (IoT), and 5G, the network structure becomes even less complicated. As the demand for solutions to monitor, manage, and optimize diverse environments grows stronger, so does the demand for newer technologies.
Rising Demand for AI-Powered Network Automation: Artificial intelligence-driven automation is growing in the global network management system market. The more advanced networks become, the more manual tasks there are that artificial intelligence performs, such as traffic analysis, fault detection, performance optimization, and so forth. It is much easier and faster to resolve problems caused by downtime or the effectiveness of network management.
North America is dominating the global network management system market due to its strong technological infrastructure, high adoption of advanced technologies, and presence of major market players. Moreover, just like this, large-scale enterprises in the region, like telecommunications, finance, and healthcare, create demand for more robust, scalable network management solutions which optimize performance and security requirements. The North American early adoption of cloud computing, the Internet of Things (IoT), and AI technologies also increases the demand for efficient network management. The governments' initiatives toward digital transformation, the rising need for speedy and reliable networks, make North America command the global network management system market.
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Report ID: SQMIG45F2167
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