Unified Network Management Market Overview

Unified Network Management is a concept that refers to the integration of network management functions into a single, comprehensive system. The system streamlines the management and monitoring of network infrastructure, applications, and services. This technology has gained prominence in recent years, as businesses are becoming more reliant on digital technologies to operate efficiently.

The global Unified Network Management market size was valued at USD 7.3 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 12.3% from 2021 to 2028. The increasing adoption of cloud-based services, the growing demand for network visibility and control, and the need for centralized management and automation are some of the factors driving the market’s growth.

Meaning of Unified Network Management

Unified Network Management (UNM) is a comprehensive approach to managing and monitoring a network infrastructure. The concept of UNM aims to integrate various network management functions such as performance monitoring, fault management, configuration management, and security management into a single platform. This platform allows network administrators to manage and monitor the entire network infrastructure from a central location.

The UNM platform provides a unified view of the network, making it easier for administrators to troubleshoot issues, identify bottlenecks, and ensure optimal network performance. The platform also offers automation capabilities, allowing administrators to automate routine tasks and reduce the workload on IT teams.

Executive Summary of Unified Network Management Market

The Unified Network Management market is expected to grow at a CAGR of 12.3% from 2021 to 2028, driven by factors such as increasing adoption of cloud-based services, growing demand for network visibility and control, and the need for centralized management and automation. The UNM platform provides a unified view of the network, making it easier for administrators to manage and monitor the entire network infrastructure from a central location. The platform also offers automation capabilities, allowing administrators to automate routine tasks and reduce the workload on IT teams. North America is expected to dominate the market during the forecast period, due to the presence of key market players and the high adoption rate of digital technologies in the region.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights

The global Unified Network Management market size was valued at USD 7.3 billion in 2020 and is expected to grow at a CAGR of 12.3% from 2021 to 2028.

The increasing adoption of cloud-based services, the growing demand for network visibility and control, and the need for centralized management and automation are some of the factors driving the market’s growth.

North America is expected to dominate the market during the forecast period, due to the presence of key market players and the high adoption rate of digital technologies in the region.

The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period, driven by factors such as increasing investments in digital infrastructure and the growing demand for network security solutions.

The telecom and IT sector is expected to dominate the market during the forecast period, due to the increasing adoption of digital technologies and the need for centralized management and automation.

Market Analysis

The Unified Network Management market is expected to grow at a CAGR of 12.3% from 2021 to 2028, driven by factors such as increasing adoption of cloud-based services, growing demand for network visibility and control, and the need for centralized management and automation.

The market can be segmented into various categories such as services, deployment models, organization sizes, verticals, and regions. Based on services, the market can be segmented into consulting, support and maintenance, and managed services. Based on deployment models, the market can be segmented into on-premise and cloud-based. Based on organization size, the market can be segmented into small and medium-sized enterprises (SMEs) and large enterprises. Based on verticals, the market can be segmented into telecom and IT, healthcare, government and public utilities, BFSI, retail, and others.

The telecom and IT sector is expected to dominate the market during the forecast period, due to the increasing adoption of digital technologies and the need for centralized management and automation. The healthcare sector is also expected to grow at a significant rate, due to the increasing demand for network security and privacy.

Based on region, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is expected to dominate the market during the forecast period, due to the presence of key market players and the high adoption rate of digital technologies in the region. The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period, driven by factors such as increasing investments in digital infrastructure and the growing demand for network security solutions.

Market Drivers

1. Increasing adoption of cloud-based services: The adoption of cloud-based services is increasing rapidly, as businesses are looking to reduce their IT infrastructure costs and improve their operational efficiency. The UNM platform provides centralized management and automation capabilities, making it easier for businesses to manage their cloud-based infrastructure.
2. Growing demand for network visibility and control: Businesses are becoming more reliant on digital technologies to operate efficiently. The UNM platform provides a unified view of the network, making it easier for businesses to monitor and manage their network infrastructure and ensure optimal performance.
3. Need for centralized management and automation: The UNM platform offers automation capabilities, allowing businesses to automate routine tasks and reduce the workload on IT teams. This improves operational efficiency and reduces the risk of human error.

Market Restraints

1. Complexity of network infrastructure: Managing and monitoring a complex network infrastructure can be challenging, and businesses may struggle to implement the UNM platform effectively.
2. High initial investment: Implementing the UNM platform can require a significant initial investment, which may be a barrier for small and medium-sized enterprises.

Market Opportunities

1. Growing demand for network security: The increasing number of cyber threats and the growing need for network security is expected to create new opportunities for the UNM market.
2. Increasing adoption of digital technologies: The increasing adoption of digital technologies such as the Internet of Things (IoT) and 5G networks is expected to create new opportunities for the UNM market.

Market Dynamics

The Unified Network Management market is highly competitive, with several key players operating in the market. Key players in the market include IBM Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise Development LP, and CA Technologies.

The market is characterized by product innovation and partnerships and collaborations between key players. For example, in March 2021, IBM Corporation announced a partnership with Palo Alto Networks to offer integrated security solutions to businesses.

Regional Analysis

North America is expected to dominate the Unified Network Management market during the forecast period, due to the presence of key market players and the high adoption rate of digital technologies in the region. The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period, driven by factors such as increasing investments in digital infrastructure and the growing demand for network security solutions.

Competitive Landscape

Leading companies in the Unified Network Management Market:

1. IBM Corporation
2. Cisco Systems, Inc.
3. Micro Focus International plc
4. Broadcom Inc.
5. Huawei Technologies Co., Ltd.
6. Nokia Corporation
7. Juniper Networks, Inc.
8. Riverbed Technology, Inc.
9. SolarWinds Worldwide, LLC
10. NETSCOUT Systems, Inc.

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation

The market can be segmented into various categories such as services, deployment models, organization sizes, verticals, and regions. Based on services, the market can be segmented into consulting, support and maintenance, and managed services. Based on deployment models, the market can be segmented into on-premise and cloud-based. Based on organization size, the market can be segmented into small and medium-sized enterprises (SMEs) and large enterprises. Based on verticals, the market can be segmented into telecom and IT, healthcare, government and public utilities, BFSI, retail, and others.

Category-wise Insights

Based on services, the managed services segment is expected to dominate the market during the forecast period, due to the increasing demand for outsourcing network management functions to third-party service providers. Managed services offer several benefits such as reduced costs, improved network availability, and enhanced security.

Based on deployment models, the cloud-based segment is expected to grow at the fastest CAGR during the forecast period, driven by factors such as the increasing adoption of cloud-based services and the growing demand for scalable and flexible network management solutions.

Based on organization size, the large enterprises segment is expected to dominate the market during the forecast period, due to the high adoption rate of digital technologies and the need for centralized management and automation. However, the SMEs segment is expected to grow at a significant rate, driven by factors such as the increasing demand for cost-effective network management solutions.

Based on verticals, the telecom and IT segment is expected to dominate the market during the forecast period, due to the increasing adoption of digital technologies and the need for centralized management and automation. However, the healthcare sector is also expected to grow at a significant rate, driven by factors such as the increasing demand for network security and privacy.

Key Benefits for Industry Participants and Stakeholders

The Unified Network Management market offers several benefits for industry participants and stakeholders such as:

1. Improved network visibility and control: The UNM platform provides a unified view of the network, making it easier for businesses to monitor and manage their network infrastructure and ensure optimal performance.
2. Centralized management and automation: The UNM platform offers automation capabilities, allowing businesses to automate routine tasks and reduce the workload on IT teams. This improves operational efficiency and reduces the risk of human error.
3. Cost savings: The UNM platform can help businesses reduce their IT infrastructure costs, by providing centralized management and automation capabilities.

SWOT Analysis

Strengths:

• Unified view of the network
• Centralized management and automation capabilities
• Automation of routine tasks

Weaknesses:

• Complexity of network infrastructure
• High initial investment

Opportunities:

• Growing demand for network security
• Increasing adoption of digital technologies

Threats:

• Intense competition among key players
• Regulatory and compliance challenges

Market Key Trends

1. Adoption of cloud-based services: The adoption of cloud-based services is increasing rapidly, as businesses are looking to reduce their IT infrastructure costs and improve their operational efficiency. The UNM platform provides centralized management and automation capabilities, making it easier for businesses to manage their cloud-based infrastructure.
2. Increasing demand for network security: The increasing number of cyber threats and the growing need for network security is expected to create new opportunities for the UNM market.
3. Growing demand for network visibility and control: Businesses are becoming more reliant on digital technologies to operate efficiently. The UNM platform provides a unified view of the network, making it easier for businesses to monitor and manage their network infrastructure and ensure optimal performance.

Covid-19 Impact

The Covid-19 pandemic has had a significant impact on the Unified Network Management market. The pandemic has led to an increased reliance on digital technologies, as businesses have had to shift their operations to remote work models. This has led to an increased demand for network management solutions, as businesses look to ensure optimal network performance and security in a remote work environment.

However, the pandemic has also led to challenges for the UNM market, such as the complexity of network infrastructure in a remote work environment and the need for businesses to comply with regulatory and compliance requirements.

Key Industry Developments

1. In March 2021, IBM Corporation announced a partnership with Palo Alto Networks to offer integrated security solutions to businesses.
2. In June 2020, Juniper Networks, Inc. announced the release of its Mist AI-powered network management platform.
3. In February 2020, Hewlett Packard Enterprise Development LP announced the launch of its HPE GreenLake for Aruba solution, which offers a cloud-managed network infrastructure for businesses.

Analyst Suggestions

Analysts suggest that businesses should focus on the following areas to effectively implement the UNM platform:

1. Assess network infrastructure: Businesses should assess their network infrastructure to identify potential bottlenecks and areas for improvement.
2. Identify key requirements: Businesses should identify their key requirements for network management, such as network visibility, automation capabilities, and security.
3. Evaluate solutions: Businesses should evaluate different UNM solutions to determine which one best meets their requirements.

Future Outlook

The Unified Network Management market is expected to continue its growth trajectory in the coming years, driven by factors such as the increasing adoption of cloud-based services, growing demand for network visibility and control, and the need for centralized management and automation.

The market is expected to witness new product innovations and partnerships and collaborations between key players. The telecom and IT sector is expected to dominate the market during the forecast period, due to the increasing adoption of digital technologies and the need for centralized management and automation. However, the healthcare sector is also expected to grow at a significant rate, driven by the increasing demand for network security and privacy.

Conclusion

The Unified Network Management market is a rapidly growing market, driven by the increasing adoption of digital technologies and the need for centralized management and automation. The UNM platform provides a unified view of the network, making it easier for businesses to monitor and manage their network infrastructure and ensure optimal performance. The market is highly competitive, with several key players operating in the market. Businesses should focus on assessing their network infrastructure, identifying their key requirements, and evaluating different UNM solutions to effectively implement the platform. The market is expected to witness new product innovations and partnerships and collaborations between key players, and the telecom and IT sector is expected to dominate the market during the forecast period.