The global network configuration and change management market is expected to witness high growth over the forecast period due to increased network size and complexity as a direct consequence of the organization’s global expansion. The addition of new devices and technologies for addressing business demands has significantly contributed to the growing network size. IT managers in organizations face the issues of performance degradation and the prevention of network downtime. Incorrect manual network configuration changes are responsible for a majority of network downtime and application performance degradation, which calls for more efficient network configuration management. Network configuration and change management solutions are used across several industry verticals including IT & telecom, healthcare, government, energy, education, and BFSI.
The automated network configuration and change management solutions help to minimize human errors resulting from manual configuration changes, thereby reducing network downtime and degradation. These solutions continuously monitor device configurations, and provide real-time notifications & alerts whenever a configuration change occurs, which helps in better management of network configuration files in a multi-vendor network environment.
Cost reduction due to the automation of traditional configuration management is expected to drive the NCCM (network configuration and change management) market over the forecast period. The advent of networking technologies such as Network Function Virtualization (NFV) and Software-defined Network (SDN) has encouraged the adoption of these solutions.
The network configuration and change management market can be segmented on the basis of component, deployment mode, and end-users. Software and services constitute the components of a network configuration and change management solution. Deployment mode can either be on-premise or on-demand depending on customers’ needs. Based on end-users, the market can be bifurcated into SMEs and enterprises.
The network configuration and change management market has been characterized by the acquisition of specialized solution providers by prominent global players; for instance Intelliden’s acquisition by IBM, Voyence’s acquisition by EMC Corporation, and Pari Networks’ acquisition by Cisco. Companies such as Alter Point, CA Technologies, Ipswitch, ManageEngine, NetBrain Technologies, Quest Software, and SolarWinds have also made a significant impact on the market.
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In contrast to its related industries like consumer electronics and semiconductors, the data center and communications infrastructure industry is expected to be more buoyant with continued strategic investments made to support the increased network traffic and data usage for remote working during the lockdown phase. From school closures necessitating students to use virtual offerings (Google Classroom ) to the governments using business analytics services (Power BI) for communicating virus updates, the demand for communication services and related infrastructure has witnessed an unprecedented rise amidst the global pandemic. Digital services including telemedicine are expected to remain popular even after the pandemic is contained, thereby ensuring strong growth in the communication infrastructure industry. The report will account for Covid19 as a key market contributor.