October 8, 2021

Industry development scenario and forecast of 2031 Network Configuration and Change Management Market – The Current of Manomet

Network configuration and change management: introduction

  • Network Configuration and Change Management (NCCM) solutions help resolve errors caused by manual configuration changes, minimizing downtime and network degradation. NCCM solutions improve control of critical infrastructure data, reduce costs, save time by improving automation, and eliminate manual tasks.
  • Network configuration and change management solutions continuously track device configurations and provide real-time notifications when a configuration change takes place, enabling network configuration files to be managed in a multi-vendor network environment .
  • Network configuration and change management is one of the fastest growing markets in the IT operations management industry. Organizations are widely adopting NSSM solutions to reduce network downtime, automate changes, enable network device configuration backups, and meet compliance.

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Global Network Configuration and Change Management Market: Key Drivers

  • The adoption of new devices and technologies by organizations to meet business demands has greatly contributed to the increase in the size of the network. The growth in network size and complexity of an organization is estimated to drive the network configuration and change management market over the forecast period.
  • The growing demand for network security and automation for network infrastructure is further expected to drive the market during the forecast period.
  • The introduction of networking technologies, including Network Function Virtualization (NFV) and Software Defined Networking (SDN), has improved the implementation of network configuration and change management solutions, which are expected to boost the market.
  • The increasing migration of enterprises to the cloud and the reduced number of software-defined networks are expected to create opportunities for the network configuration and change management market.
  • However, fixed standard procedures and financial concerns of organizations are expected to hamper the market during the forecast period.

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Impact of COVID-19 on the Global Network Configuration and Change Management Market

  • Rising COVID-19 cases around the world are causing an economic downturn and millions of employees are working from home for the first time. This remote workforce has increased the risk of human error and data misuse. Network configuration and change management solutions continuously track device configurations and provide real-time notifications when a configuration change takes place. Thus, the adoption of NCCM solutions increased during the pandemic. Hence, COVID-19 is positively impacting the network configuration and change management market and is expected to indirectly propel the market over the next few years.

North America to Hold Significant Share of Global Network Configuration and Change Management Market

  • In terms of region, the global network configuration and change management market can be divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America
  • North America dominated the global network configuration and change management market with the largest share. Market growth in North America is driven by heavy investment, rapid adoption, and a focus on the use of network configuration and change management solutions by businesses of all sizes. Another factor driving the growth of the market is the presence of key market players in the region.
  • The Asia-Pacific network configuration and change management market is expected to grow at a rapid pace during the forecast period. This can be attributed to the increasing adoption of networking technologies, the emergence of SMEs and the continued investment in technological advancements.

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