Global Network Configuration and Change Management (NCCM) Market Overview
Global Network Configuration and Change Management Market is estimated to reach USD 2277.9 Million by
2026, recording a CAGR of 7.6% during the review period (2020–2026).
The
global NCCM market is expected to grow due to the rising need for effective
management and streamlining of network architecture. Network configuration and
change management is a solution that effectively saves the time and effort involved
in managing configuration changes. The solution quickly deploys configuration
changes across enterprise networks—individually or in bulk. The companies that
offer NCCM solutions help enterprises to optimize their time for other
important business tasks and also help to prevent configuration errors that can
occur when using manual processes. NCCM can help enterprises avoid bad or
invalid configuration changes before deployment by using a change approval
process. With ready-to-use configuration structures and the ability to perform
bulk deployments, NCCM leaves less room for any human errors.
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Regional
Analysis
The
geographic analysis of the network configuration and change management market
has been conducted for North America, Europe, Asia-Pacific, the Middle East
& Africa, and South America.
North
America is expected to be the largest market for network configuration and
change management during the forecast period. North America is segmented as the
US, Canada, and Mexico.
The US
is the prominent market in North America, accounting for the largest market
share and is expected to register significant growth during the forecast
period. Significant demand for cloud-based solutions is driving the US network
configuration and change management market. The need to save time and cost have
led to an increase in the deployment of network configuration and change
management solutions in the country. Canada is expected to register the highest
CAGR during the forecast period due to expected growth in various industry
verticals in the coming years.
Europe
is expected to hold the second position (in terms of market share) in the
overall market during the forecast period. In Europe, the UK is expected to
account for the largest share due to the growing number of enterprises in the
country and the growing need among these enterprises to manage network
architecture. The rest of Europe is expected to register the highest CAGR
during the forecast period.
The
market in the Asia-Pacific region is expected to register the highest CAGR
during the forecast period. In the Asia-Pacific, key countries under the scope
of the study are China, Japan, and India. India is expected to register the
highest CAGR during the forecast period due to the increasing deployment of
cloud-based network configuration and change management solutions among
enterprises. Additionally, the increasing need for cost-effective software
solutions, specifically in small- & mid-sized organizations, is also a
driving factor for the growth of the market in the region.
The
Middle East & Africa market is expected to remain stagnant during the
forecast period due to limited growth in the real estate business. The Middle
East & Africa market includes countries such as Saudi Arabia, South Africa,
the UAE, and Qatar.
The
South American network configuration and change management market is expected
to grow at a considerably higher CAGR than the Middle East & Africa market.
Countries that are part of South America include Brazil, Venezuela, Chile,
Argentina, and Colombia.
Competitive
Analysis
The Key
Players of the Global Network Configuration and Change Management Market are
BMC Software (US), Cisco Systems, Inc. (US), CA Technologies (US), IBM (US),
HP(US), EMC Corporation (US), Alterpoint (US), Manageengine (India), Solarwinds
(US), and Dorado Software (US)
Segmental
Analysis
Global
NCCM Market has been segmented based on Component, Deployment, Organization
Size, Vertical, and Region.
Based on
the component, the network configuration and change management market has been
segmented as software and services. The software segment accounted for the
larger share in the overall market in 2018.
Based on
deployment, the network configuration and change management market has been
segmented into on-premises and cloud-based software solutions. The cloud-based
segment is expected to register the higher CAGR during the forecast period,
2020–2026.
Based on
organization size, the network configuration and change management market has
been segmented into small & medium enterprises and large enterprises. The
SME segment is expected to record the higher CAGR growth during the forecast
period, 2020-2026.
Based on
vertical, the network configuration and change management market has been
segmented into BFSI, retail, IT & telecommunication, manufacturing,
government, and others. The IT & telecommunication vertical dominated the
overall market in the year 2019.
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