London, 24 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Telecom Network Management System Market 2015-2019, which is expected to grow at a CAGR of 4.07 percent during the period 2014-2019.
Telecom companies require secure networks to manage server traffic from internal as well as external sources. In response to this need, network management solutions have been integrated with security features. The growing demand for increased bandwidth, the convergence of multiple products and services, new technologies, and the introduction of various price plans are forcing telecom operators to constantly improve revenue management capabilities.
“The introduction of automated capabilities within management tools is seen as an upcoming development that will cater to the needs of telecom vendors,” says Faisal Ghaus, Vice President of TechNavio.
“Examples of recent automated capabilities of network management systems are automated discovery, automatic formation auditing and compliance analysis, automated root cause analysis, and automated actions in response to well-known issues and glitches.”
Key Market Drivers
- Growing Need for Secure Networks
- Need for Revenue Management
- Increased Adoption of NG Telecom Technologies
- Reduced Effective Lead Time
Key Market Trends
- Increased Network Bandwidth
- Automation of Network Management Tools
- Adoption of Integrated Revenue Optimization Solutions
- Network Equipment Planning
Key Market Vendors
- Alcatel-Lucent
- Cisco Systems Inc.
- Ericsson
- Huawei Technologies Co. Ltd.
- Nokia Solutions and Networks
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
