Active Network Management Market by Type (Software and Service), by Application (Automation, Grid Asset Monitoring, Real-time Monitoring, and Others), by Industry (Energy & Utility, Transportation, Government, and Others) - Global Opportunity Analysis and Industry Forecast, 2020 – 2030
Industry: ICT & Media | Publish Date: 30-Oct-2020 | No of Pages: 277 | No. of Tables: 154 | No. of Figures: 124 | Format: PDF | Report Code : N/A
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Market Definition
The global Active Network Management Market size valued to USD 658.3 million in 2019, shall garner USD 3034.9 million by 2030, witnessing a CAGR of 14.9% from 2020-2030.
Active network management (ANM) integrates separate components of a smart power grid, monitoring and operating them with automated controls, hence keeping the system parameters within predetermined limits. Real-time or near-real-time network measurements are used to calculate the permissible values of power and other parameters. ANM continuously measures these parameters in order to control the demand and generation, at the same time minimising network losses, stabilising the system and detecting faults.
Market Dynamics and Trends:
The global active network management market is growing significantly, owing to factors like increase in demand for uninterrupted power supply, raising requirement for efficient power management solutions, and upsurge in demand for energy planning in smart-city projects. Furthermore, the advancements in renewable energy generation, technological investments in smart power grid systems, and infrastructural expansions in the emerging economies are to supplement the market growth in the future.
However, factors like lack of IT infrastructure in the underdeveloped regions, and higher deployment costs, may impede the growth of the global market during the forecast period. Moreover, the rise in ICT outflow by governmental bodies in some of the developed as well as developing nations, growing urbanization, upsurge in IoT and connected devices are expected to create lucrative opportunities in the global active network management market in the near future.
Market Segmentations and Scope of the Study
The global active network management market report is analyzed based on type, application, industry, and geography. Based on type, the market is segmented into service and software. Based on application, the market is fragmented into Automation, Grid Asset Monitoring, Real-time Monitoring, and Others On the basis of industry, the market is divided into Energy & Utility, Transportation, Government, and Others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
North America accounts for the major market share in the global active network management market, owing to well-established infrastructure and technological advancement. Hence, it is expected to dominate the global market throughout the forecast period. Asia Pacific is expected to grow at the highest CAGR, owing to higher adoption of technology, amplifying number of smart city development projects, and abundant opportunities in power & utility sector.
Competitive Landscape
The highly competitive active network management industry, consists of various market players. Some of the major market players are Cisco, IBM, Juniper Networks, Huawei, Nokia, Solar Winds, NETSCOUT, CA Technologies (Broadcom), Riverbed Technology, Ipswitch (Progress), Micro Focus, BMC Software, Colasoft, Flowmon Networks, ExtraHop Networks, Manage Engine, Paessler AG, Live Action, SevOne, Kentik, Cubro Network Visibility, VIAVI Solutions, Kaseya, Accedian, Help Systems, AppNeta, Extreme Networks, Ericsson, Opmantek, and eG Innovations among others.
There are plenty of developments taking place in the global active network management Market. For instance, in March 2020, the National Grid ESO, National Grid Electricity Transmission and Southern & Scottish Electricity Networks (SSEN) collaborated to ‘unlock’ the potentials of DERs distributed energy resources, using active network management system, offering vast improvements as compared to the traditional ‘intertrip’ systems.
Key Benefits
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The active network management market report provides a quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.
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The study comprises a deep dive analysis of the active network management market including the current and future trends for depicting the prevalent investment pockets in the market.
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The report provides detailed information related to key drivers, restraints, opportunities and their impact on the active network management market.
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The report incorporates a competitive analysis of the market players along with their market share in the global market.
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The study elaborates SWOT analysis and Porters Five Forces model for the market.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Active Network Management Key Segments
By Type
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Software
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Service
By Application
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Automation
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Grid Asset Monitoring
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Real-Time Monitoring
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Others
By Industry
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Energy & Utility
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Transportation
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Government
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Others
By Geography
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North America
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U.S.
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Canada
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Mexico
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Europe
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UK
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Germany
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France
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Italy
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Rest of Europe
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Asia-Pacific
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China
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India
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Japan
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Australia
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Rest of Asia-Pacific
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RoW
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Latin America
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Middle East
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Africa
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Report Scope and Segmentation
|
Parameters |
Details |
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Analysis Period |
2019–2030 |
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Base Year Considered |
2020 |
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Forecast Period |
2020–2030 |
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Market Size Estimation |
Million (USD) |
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Market Segmentation |
By Type (Software, Service) By Application (Automation, Grid-Asset Monitoring, Real-Time Monitoring, Other Application) By Industry (Energy & Utility, Transportation, Government, Other Industry) |
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Geographical Segmentation |
North America (U.S., Canada, Mexico) Europe (UK, Italy, France, Germany, Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), Rest of the World (Latin America, Middle East, Africa) |
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Companies Profiled |
Cisco, IBM, Juniper Networks, Huawei, Nokia, Solar Winds, Netscout, CA Technologies (Broadcom), Riverbed Technology, Ipswitch (Progress), Micro Focus, BMC Software, Colasoft, Flowmon Networks, ExtraHop Networks, Manage Engine, Paessler AG, Live Action, SevOne, Kentik, Cubro Network Visibility, VIAVI Solutions, Kaseya, Accedian, Help Systems, AppNeta, Extreme Networks, Ericsson, Opmantek, and eG Innovations. |
KEY PLAYERS:
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ABB LTD.
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CHEMTROLS INDUSTRIES PVT. LTD.
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CISCO SYSTEMS INC.
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GENERAL ELECTRIC COMPANY
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IBM CORPORATION
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KELVATEK LTD.
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NETSCOUT
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ORACLE CORPORATION
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SCHNEIDER ELECTRIC S.E
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SIEMENS AG
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SMARTER GRID SOLUTIONS
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