Deerfield Beach, FL -- (SBWIRE) -- 07/14/2017 -- New report on Network Management market analysis by Services Consulting, Support, Virtualization and Integration are the services offered by the network to manage them. Services for management of networks provides entire support for management and processes for various types of networks such as Local Area Network (LAN) and Wide Area Network (WAN). Evolution & convergence of various technologies, increasing demand in customer's requirements and the increasing number of security breaches of networks are some of the driving factors of this industry. In the current business scenario, for the management of such widespread of networks, there is a call for business optimization techniques in small and medium scale enterprises. Thus, this market is a very prospective market. Some of the constraints involved are time required for implementation and its complex methodology. Management of networks includes applications in various sectors, namely Telecom & Information Technology (IT), education & academia, transportation, government & defense, hospitality, healthcare, energy and utilities, retail & consumer goods, oil and gas, Banking, Financials & Insurance (BFSI) and media and entertainment.

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Network consists of number of computers connected to each other. To manage these networks there is a need of network management system. Network management is the set of activities, procedures, and methods that are to be followed using various tools to operate, maintain, and administer these networks. It includes both software and hardware to manage the networks. Managing the networks provides various functionalities such as fault management, security management, account management and performance management. Hence, due to these functionalities there is a significant rise in this market. Due to expanding networks, and the security concerns, there is a need of hefty and resilient network management systems. Hence, the global market is expected to grow substantially which increases the need to study the whole market in appropriate approach.

The market investigation gives an overview of the market as a whole. Porter's five force model helps in analyzing the new entrants, bargaining power of buyers and suppliers inter-firm rivalry and the forward-backward integration of the organizations. SWOT analysis helps in perceiving the strategic moves taken by various market players. The various stakeholders involved in the value chain are examined to know the value addition done by them at different stages. Market dynamics is analyzed on the basis of their strategic plans for the benefit of the stakeholders.

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MARKET BY SERVICES

Consulting
Support
Virtualization
Integration

MARKET BY SOLUTIONS

Network Security Management
Network Device Management
Network Traffic Management
Performance Monitoring & Management
IP Address Management (IPAM)

MARKET BY APPLICATIONS

Telecom & Information Technology (IT)
Education & Academia, Transportation
Government & Defense
Hospitality
Healthcare
Energy and Utilities

MARKET BY END USER

Small Scale Enterprises (SMEs)
Medium Scale Enterprises (MSEs)

MARKET BY GEOGRAPHY

North America
LAMEA
Europe
Asia-Pacific