Network Configuration and Change Management Market Growth, Industry Trends To 2020 by Grand View Research, Inc.
Global expansion of organizations has consequently increased network size and complexity, which is expected to drive the network configuration and change management market over the forecast period. Network size has significantly compounded over the last five years due to addition of new devices and technologies to address intricate business demands. Preventing network downtime and tackling application performance degradation are the topmost issues on the agenda of IT managers, a majority of which occur due to incorrect manual network configuration changes. Several industry verticals such as BFSI, healthcare, IT & telecom, education, government, and energy cater to the solutions provided by the network configuration and change management market.
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The automated network configuration and change management solutions exhibit the ability to minimize human errors that result from manual configuration changes, thereby reducing network degradation and downtime. Further, the solutions provide the capability to continuously monitor device configurations, while providing real-time alerts & notifications whenever change in configurations occurs. This helps manage network configuration files in a multi-vendor network environment efficiently. Technological advent and emerging new networking technologies such as Network Function Virtualization (NFV) and Software-defined Network (SDN) encourage the adoption of network configuration and change management solutions. The network configuration and change management market is also expected to witness considerable growth owing to traditional configuration management automation, and is also expected to play a crucial role in cost reduction.
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The network configuration and change management market has been characterized by intense competition with key global participants acquiring specialized solution providers; for example IBM Corporation acquired Intelliden, Cisco acquired Pari Networks and EMC Corporation acquired Voyence. Other market players include SolarWinds, ManageEngine, NetBrain Technologies, Quest Software, Ipswitch, Alter Point and CA Technologies.
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