The unified network management market is progressing extensively. Rising demand for centrally managed UNM solutions to reduce IT complexity and increasing deployments of unified infrastructures drive the market growth. Besides, increasing awareness for network simplification through cloud-native management solutions and unified network operating systems that bring together WLAN and SDN capabilities boosts market size.
Rapid increase in the dependency on analytical applications and cybersecurity requirements create substantial market demand. According to an eminent research firm, Market Research Future (MRFR), the global Unified Network Management Industry is poised to touch exponential valuation by 2030, growing at an impressive CAGR at 19.7%, with a market valuation of 14.21 billion during the forecast period (2021–2030).
Rising Defence Budgets & Efforts to Unify Tactical and Enterprise Networks Substantiate Market Revenues
Defense sectors worldwide are increasingly deploying UNM solutions designed to simplify the planning and management of tactical networks. With centrally managed unified network management, IT can effectively manage a distributed network environment across organization and campus environments while delivering a high-quality user experience within a single architecture orchestrated from one management console. Additionally, the wide adoption of advanced analytics is a major headwind for the growth of the market.
Budget Constraints in Enterprises Act as Major Headwinds
Budget constraints in the enterprises to improve cybersecurity solutions act as a major headwind, restraining the market's growth. Nevertheless, vats benefits that unified network management solutions provide would support the market's growth throughout the review period.
Unified network management Market - Segmentation
The report is segmented into types, solutions & services, size of organizations, deployments, end-users, and regions. The type segment is sub-segmented into wired and warless unified network management. The solution segment is sub-segmented into traffic management, application & server management, and others. The service segment is bifurcated as training & support, consultations, and managed & integration services.
The deployment segment is sub-segmented into on-premise and on-cloud premises. The organization size segment is sub-segmented into small & medium-sized organizations and large-sized enterprises. The end-user segment is sub-segmented into communication service providers, managed service providers, cloud service providers, BFSI, healthcare, government, media & entertainment, and others.
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Unified Network Management Market - Regional Analysis
North America is expected to retain its dominance over the global unified network management market throughout the forecast period. Factors such as the rising demand for cloud-native management capabilities for a unified infrastructure and deployments of centrally managed unified infrastructures to reduce IT complexity.
Besides, increasing awareness among organizations for simplification of networks through ongoing advancements boost the market size. The presence of notable players and early adoption of IoT and artificial intelligence (AI) technologies drives regional market growth. The US, backed by the rising technological enhancements, accounts for the major contributor to the unified network management market in North America.
Unified Network Management Market - Competitive Analysis
The well-established unified network management market appears to be fragmented due to the presence of several large and small players. These players emphasize innovation and the development of new solutions, which, in turn, fuel the already intensified market competition. The UNM market demonstrates a high growth prospect that attracts several new entrants to the market, further intensifying the market competition.
Players leading the unified network management market include Juniper Networks (US), Allot Communication (US), IBM Corporation (US), HP (US), Ericsson (Sweden), Accenture PLC (Ireland), Alcatel-Lucent SA (France), Bradford Networks, Inc. (US), Tibco Software (US), Sandvine Inc. (Canada), Brocade Communications Systems, Inc. (US), Cisco Systems, Inc. (US), and Ascom Holdings AG (Switzerland), among others.
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Unified Network Management Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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