Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The market dynamics of Network Configuration and Change Management (NCCM) reveal a landscape influenced by the ever-evolving nature of information technology and the increasing complexity of network infrastructures. NCCM solutions play a crucial role in helping organizations manage and control changes to their network configurations, ensuring stability, security, and compliance. One prominent driver of the NCCM market is the relentless growth of digital transformation initiatives. As businesses embrace digital technologies and expand their networks, the need for robust NCCM solutions becomes paramount. These solutions empower organizations to efficiently handle network changes, reducing the risk of disruptions and vulnerabilities that can arise from misconfigurations.
Another key factor shaping the market dynamics is the rising emphasis on cybersecurity. With cyber threats becoming more sophisticated, organizations are recognizing the importance of maintaining secure and compliant network configurations. NCCM solutions contribute to this by providing tools for monitoring and enforcing security policies, ensuring that network changes align with best practices and regulatory requirements. As cybersecurity concerns continue to escalate, the demand for NCCM solutions is likely to intensify, driving market growth.
The increasing complexity of network environments also contributes to the demand for NCCM solutions. As networks become more intricate, manual configuration and change management processes become prone to errors. NCCM solutions automate these processes, enhancing efficiency and reducing the likelihood of human errors that can lead to network outages. This automation aspect is a significant catalyst in the market, particularly for large enterprises managing extensive and intricate network infrastructures.
Moreover, the market dynamics of NCCM are influenced by the need for real-time visibility and control. Organizations require the ability to monitor network changes in real-time, track configuration drift, and swiftly respond to any unauthorized alterations. NCCM solutions address these needs by providing real-time monitoring and reporting capabilities, allowing IT teams to proactively manage network configurations and swiftly address any anomalies. This real-time aspect is crucial in maintaining network integrity and minimizing downtime, contributing to the market's growth.
Interoperability and integration with other IT management tools are additional factors shaping the NCCM market. Organizations seek cohesive solutions that seamlessly integrate with their existing IT infrastructure, including network monitoring, security, and performance management tools. NCCM providers that offer interoperability and integration capabilities are better positioned to meet the diverse needs of organizations, fostering a more comprehensive and holistic approach to network management.
Challenges in the NCCM market include the need for user education and awareness. Despite the benefits offered by NCCM solutions, some organizations may not fully grasp their importance or may face challenges in implementing these technologies effectively. Educational initiatives and increased awareness about the potential risks associated with poor network configuration and change management can contribute to market growth by encouraging more organizations to invest in NCCM solutions.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Component, Deployment Mode, Verticals, Organization Size and Region |
Network Configuration Change Management Market Highlights:
Network Configuration and Change Management Market Overview
The Network Configuration and Change Management Market is projected to grow from USD 1.78 Billion in 2024 to USD 2.65 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.04% during the forecast period (2024 - 2032). Additionally, the market size for Network Configuration and Change Management was valued at USD 1.69 billion in 2023.
Growing awareness about network configuration and change management and an increase in network size and complication are the key market drivers enhancing market growth.
Figure 1: Network Configuration and Change Management Market Size, 2024-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Network Configuration and Change Management Market Trends
Increasing adoption of network configuration and change management by managed service providers is driving the market growth
Market CAGR for network configuration and change management is driven by the increasing adoption by managed service providers. Various IT organizations nowadays depend on managed service providers to manage their network configurations. This generates huge pressure on the managed service providers to include magnificent configuration maintenance to attract more customers forecast period. A managed service provider provides customers with technology, network, device and security services through continuing support and active administration on their premises. Managed service provider (MSP) handles all initialization tasks on computers in remote areas. However, it can limit direct login and direct access to the probe server. As a result, distributed user control is effective. Therefore, increasing network configuration and change management adoption by managed service providers is expected to drive market growth.
Moreover, multiple organizations' clients would require HIPAA or FINRA compliance for the documents they entrust to the company. Therefore, document management systems must incorporate features that take extra steps to fully comply with all applicable privacy laws to protect the company's and its client's information.​In the digital era, protecting online documents is essential to prevent data breaches and malicious attacks from hackers. Security is becoming a significant concern for many companies that have deployed DMS. Besides the financial consequences, a data breach can cause customer loss, brand reputation damage, company secrets leaking, compliance, and legal issues.
Increasing demand for network automation, network security, and progressing infrastructure for network infrastructure is the biggest revenue producer for this market, while the major restraints to this market are inflexible standard procedures and budgetary constraints. Less software-defined networking serves as an opportunity in this market. Network automation is the process of operating software to simplify network and security gaining and maintenance to maximize network reliability and functionality. Network computerization is being used in grouping with network virtualization driving the network configuration and change management market revenue.
Additionally, the organization's expansion increased network size and complexity. Including new devices and technology to meet corporate demands has greatly increased the network's size. IT managers in firms must deal with the concerns of performance degradation and network downtime prevention. Most network outages and application performance deterioration are caused by incorrect manual configuration changes, necessitating more effective configuration management.
Network Configuration and Change Management Market Segment Insights
Network Configuration and Change Management Component Insights
The network configuration and change management market segmentation, based on components, includes software and services. The software segment dominated the market, accounting for 35% of market revenue (0.59 Billion). In developing economies, category growth is driven due to growing pressure on firms to deliver digital innovation faster in response to growing customer expectations. However, services are the fastest-growing category due to the growing need for organizations to deploy various innovative and advanced solutions.
Network Configuration and Change Management Deployment Mode Insights
The network configuration and change management market segmentation, based on deployment mode, includes cloud and on-premises. The on-premises category generated the most income (70.4%) due to the high demand for on-premises software and the regulatory, compliance, and security requirements. However, the cloud is the fastest-growing category due to the growing penetration of the internet.
Network Configuration and Change Management Vertical Insights
The network configuration and change management market segmentation, based on vertical, includes BFSI, telecommunication & IT, manufacturing, retail, and government. The telecommunication & IT category generated the most income due to the enhanced demand for software across several IT and telecom services, such as network management and communication tools. However, retail is the fastest-growing category due to the growing need for advanced capabilities, including sales monitoring, employee management analytics, inventory tracking, reporting, and customer data management.
Network Configuration and Change Management Organization Size Insights
The network configuration and change management market segmentation, based on organization size, includes large enterprises and small & medium enterprises. The large enterprise category generated the most income due to the increasing investments by large-scale enterprises in deploying cutting-edge technology. However, small & medium enterprises are the fastest-growing category due to the growing adoption of network configuration and change management software by small & medium enterprises.
Figure 2: Network Configuration and Change Management Market, by Organization Size, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Network Configuration and Change Management Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American network configuration and change management market will dominate due to the increasing data privacy stringency and security standards and policies. In addition, software solutions' high operational efficiency and cheap maintenance costs are being adopted more frequently in this region. Further, the German network configuration and change management market held the largest market share, and the UK network configuration and change management market was the fastest-growing market in the European region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: NETWORK CONFIGURATION AND CHANGE MANAGEMENT MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe network configuration and change management market account for the second-largest market share due to the growing stringency of data privacy and security standards in this region. Further, the German network configuration and change management market held the largest market share, and the UK network configuration and change management market was the fastest-growing market in the European region.
The Asia-Pacific Network Configuration and Change Management Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the increasing number of small & medium enterprises in this region. Moreover, China’s Network Configuration and Change Management market held the largest market share, and the Indian Network Configuration and Change Management market was the fastest-growing market in the Asia-Pacific region.
Network Configuration and Change Management Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the network configuration and change management market grow even more. Market participants are also undertaking a combination of strategic activities to enhance their footprint, with important market developments such as contractual agreements, new product launches, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the network configuration and change management industries must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the network configuration and transformation management industry to benefit clients and increase the market sector. Major players in the network configuration and change management market, including BMC Software, Inc. (U.S.), Solarwinds (U.S.), Ignite Enterprise Software Solutions, Inc. (U.S.), Zoho Corporation Pvt. Ltd. (India), Dorado Software, Inc. (U.S), and others, are attempting to increase market demand by investing in research and development operations.
AVEVA Group Plc, a subsidiary of Schneider Electric SE, provides engineering software solutions. The firm offers design, engineering, shipbuilding and design management, software and enterprise solutions, and plant and marine catalog information solutions. It also delivers services such as consulting, integration and lifecycle management services. AVEVA offers technologies that support engineering projects' design and through-life operation in oil and gas, energy, marine, chemical, infrastructure, life sciences, food and beverage, consumer-packed goods, and mining, metals, and manufacturing industries. In September 2022, AVEVA and Aras formed a strategic partnership to deliver industrial Asset Lifecycle Management solutions. AVEVA will license the Aras Innovator platform to create a suite of scalable Asset Lifecycle Management solutions that will combine Aras' open and flexible application portfolio with AVEVA Unified Engineering and AVEVA Asset Information Management.
Cyient Ltd is a digital engineering company specializing in geospatial, engineering, manufacturing, digital network and operations management solutions. The firm delivers product development and lifecycle support, operations management, process and network engineering, support and data transformation, and IoT and M2M services. The company serves various industries, including aerospace and defense, communications, rail transportation, medical technology and healthcare, utilities, navigation, heavy equipment and industrial, power generation, oil and gas, semiconductor, and infrastructure. In March 2022, Cyient announced the availability of a pre-built solution for controlled Firmware over-the-Air (FOTA) upgrades via its CyientfIQ innovation platform. As a platform, CyientfIQ stimulates technological disruptions and facilitates the development of new intellectual property and solutions in conjunction with Partners. The FOTA solution is intended to help its customers accelerate the development of intelligent and connected goods throughout the industry.
Key Companies in the Network Configuration and Change Management market include
- Oracle (U.S.)
- BMC Software, Inc. (U.S.)
- IBM (U.S.)
- Cisco (U.S.)
- Broadcom (U.S.)
- Solarwinds (U.S.)
- Ignite Enterprise Software Solutions, Inc. (U.S.)
- Zoho Corporation Pvt. Ltd. (India)
- Dorado Software, Inc. (U.S)
- Hewlett Packard Enterprise Development LP (India)
Network Configuration and Change Management Industry Developments
January 2023: Configit Ace is now accessible as a cloud service, according to the company. The cloud-based Configuration Lifecycle Management (CLM) platform is vendor-agnostic and designed to interface with any IT system. Configit Ace Cloud allows a comprehensive, enterprise-wide configuration process for complex products, systems, and services that support design, development, production, sales, and support.
Network Configuration and Change Management Market Segmentation
Network Configuration and Change Management Component Outlook
-
Software
-
Services
Network Configuration and Change Management Deployment Mode Outlook
-
Cloud
-
On-Premises
Network Configuration and Change Management Vertical Outlook
-
BFSI
-
Telecommunication & IT
-
Manufacturing
-
Retail
-
Government
Network Configuration and Change Management Organization Size Outlook
-
Large Enterprises
-
Small & Medium Enterprises
Network Configuration and Change Management Regional Outlook
-
North America
-
US
-
Canada
-
-
Europe
-
Germany
-
France
-
UK
-
Italy
-
Spain
-
Rest of Europe
-
-
Asia-Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
-
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
