TechNavio recognizes the following companies as the key players in the Global Network Management Software Market in the Telecom Industry: CA Technology Inc., NetScout Systems Inc., IBM Corp., Hewlett-Packard Co. (HP), and Visual Network Systems Ltd.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”The adoption of automated network management software is an emerging trend witnessed in the Telecom industry. In line with this trend, vendors have started offering automated network management software. Many forms of automation are available in telecom network management. This software helps telecom network service providers overcome the difficulties in detection of network faults, network configuration auditing and compliance analysis, and root cause analysis of network faults, and alarms on the detection of network issues and problems. The automated functions of network management software help network managers keep pace with the dynamically-changing business environment. Thus, the increase in the adoption of automated network management software is an emerging trend that is expected to have a positive impact on the market during the forecast period.”
According to the report, one of the main drivers in this market is the increasing deployment of next-generation telecom networks. Telecom operators across the globe are migrating from legacy telecom networks to IP-enabled, next-generation telecom networks. As part of this migration activity, they are adopting network management software for various services such as managed frame relay, managed wide area network, managed converged voice and data networks, and network traffic management.
Further, the report states that one of the major challenges in the market is the budgetary constraints on IT investments by telecom operators. Due to the challenging economic conditions prevailing in most markets, telecom operators have been compelled to better manage their capital investments and cut down on unnecessary expenditure.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Alcatel-Lucent, Cisco Systems Inc., ERICSSON (LM) TEL-SP ADR, Huawei Technologies Co.Ltd., Nokia Siemens Networks B.V. and ZTE Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-network-management-software-mark…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/telecom
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Network Management Software Market in the Telecom Industry 2012-2016
