Network Configuration and Change Management (NCCM) Market Forecasts to 2028 – Global Analysis By Component (Software, Services), End User (Education, Government, Healthcare, Manufacturing, Retail), and By Geography
According to Stratistics MRC, the Global Network Configuration and Change Management (NCCM) Market is accounted for $1,645.31 million in 2020 and is expected to reach $3,351.27 million by 2028 growing at a CAGR of 9.3% during the forecast period. Increased network size and complexity as a direct consequence of the organization’s global expansion, network automation, and multi-vendor device support and industry compliance are driving the market growth. However, reluctance to change the standard procedures is hampering the growth of the market.
The 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.
Based on the component, the software segment is anticipated to have lucrative growth during the forecast period, due to the presence of many software providers and rising demand for cloud-based software solutions. Software constitutes the components of a network configuration and change management solution. Many enterprises are deploying such solutions to efficiently manage their complex network architecture.
By geography, North America is expected to have significant growth during the forecast period, owing to continuous investments and focus on network configuration, change management among enterprises of all sizes, and increasing demand for cloud-based software solutions. The presence of several software providers in the market is another factor that significantly contributed to the growth of North America’s network configuration and change management market.
Some of the key players profiled in the Network Configuration and Change Management (NCCM) Market include AlterPoint, BMC Software, Inc., CA Technologies, Inc., Cisco Systems, Inc., Dell EMC, Dorado Software, Inc., Hewlett Packard Enterprise Development LP (HPE), IBM Corporation, Manageengine and SolarWinds Worldwide LLC.
Estimated Market Size in 2020:
USD 1,645.31 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 3,351.27 million
Tables, Graphs & Figures
Component, Deployment Mode, Organization Size, End User, and Sales Channel
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Deployment Modes Covered:
Organization Sizes Covered:
• Small and Medium Enterprises (SMEs)
• Large Enterprises
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Medical Authorities
• Telecom and Information Technology (IT)
Sales Channels Covered:
• Direct Sales
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Network Configuration and Change Management (NCCM) Market is majorly driven by introduction of networking technologies, increasing demand for network automation, network security and evolving infrastructure for network infrastructure, and growing adoption of cloud-based solutions.
The Software segment is growing at a highest CAGR owing to the presence of many software providers and rising demand for cloud-based software solutions.
North America dominated with a significant market share due to the heavy investments, rapid adoption, and an emphasis on utilizing network configuration and change management solutions by enterprises of all sizes.
Asia Pacific market is growing at a highest CAGR owing to the growing adoption of networking technologies, emergence of SMEs, and continuous investment in technological advancements.
Key players profiled in the Network Configuration and Change Management (NCCM) Market include AlterPoint, BMC Software, Inc., CA Technologies, Inc., Cisco Systems, Inc., Dell EMC, Dorado Software, Inc., Hewlett Packard Enterprise Development LP (HPE), IBM Corporation, Manageengine and SolarWinds Worldwide LLC.
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