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Network Configuration and Change Management Market By Component (Software & Services), Deployment Model (On-premises & Cloud-based), Organization Size (Large enterprises & Small and medium-sized businesses (SMBs)), Vertical (BFSI, IT and Telecommunication) & Region for 2024-2031


Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Network Configuration and Change Management Market By Component (Software & Services), Deployment Model (On-premises & Cloud-based), Organization Size (Large enterprises & Small and medium-sized businesses (SMBs)), Vertical (BFSI, IT and Telecommunication) & Region for 2024-2031

Network Configuration and Change Management Market Valuation – 2024-2031

The network configuration and change management (NCCM) market is expected to increase significantly over the projected period, driven by the rising need for network security, network automation, and advanced network infrastructure. Less software-defined networking opens up enormous opportunities in this area. Network automation is the practice of using software to automate network and maintenance tasks in order to maximize network operating and reliability. The various organizations is driving the market size surpass USD 1.56 Billion valued in 2024 to reach a valuation of around USD 2.34 Billion by 2031.

In addition to market insights such as market value, growth rates, market segments, geographical coverage, key players, and market scenario, the market report contains in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis. The rising demand for cost-effective and efficient network configuration and change management is enabling the market grow at a CAGR of 5.71% from 2024 to 2031.

Network Configuration and Change Management MarketDefinition/ Overview

Network Configuration and Change Management (NCCM) is the act of managing and controlling changes to a network infrastructure in order to maintain its stability, security, and efficiency. This includes a variety of tasks, including as planning, implementing, and monitoring modifications to network devices like routers, switches, firewalls, and servers.

NCCM’s major purpose is to reduce downtime, avoid network failures, and preserve the integrity of the network infrastructure while accommodating essential modifications to suit changing business needs.

NCCM is fundamentally about providing standardized protocols and best practices for changing network configurations. This includes documenting the current network configuration, determining the impact of planned modifications, gaining necessary clearances, executing changes in a controlled way, and thoroughly testing the changes prior to deployment. Organizations that follow a disciplined approach to change management can reduce the risk of errors, conflicts, and disruptions caused by unplanned or poorly managed changes.

Furthermore, NCCM includes the continuous management of network configurations to guarantee compliance with organizational rules, industry legislation, and cybersecurity requirements. This entails frequently monitoring network devices to ensure that their configurations match preset templates or benchmarks, discovering deviations or vulnerabilities, and taking corrective action as appropriate. Organizations can improve visibility, control, and governance over their network infrastructure by keeping a centralized repository of configuration data and using automated technologies for configuration analysis and enforcement. This strengthens security posture and operational efficiency.

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Will Managed Service Providers (MSPs) Drive the Adoption of Network Configuration and Change Management Market?

The Network Configuration and Change Management (NCCM) industry is growing significantly as managed service providers (MSPs) adopt these solutions. Today, many IT firms rely on MSPs to manage their network configurations, putting tremendous pressure on these providers to provide great configuration maintenance services in order to attract new customers.

MSPs provide their clients with a variety of technology, network, device, and security services via continuing support and active administration, frequently remotely managing initialization activities on client machines. While this solution restricts direct login and access to the client’s infrastructure, it provides efficient distributed user control, which improves security and administrative effectiveness.

Managed service providers (MSPs) play an important role in modern IT operations by providing complete support and management services, such as network configuration and change management. The increased adoption of NCCM solutions by MSPs is expected to drive market growth even further.

MSPs can use NCCM technologies to streamline and automate network setup operations, resulting in effective administration and maintenance of client networks while reducing the risk of errors and downtime. This trend demonstrates the strategic importance of NCCM in enabling MSPs to provide reliable and secure network services to their clients, which will drive market growth throughout the projection period.

Will the IT and Business Objective Impact the Network Configuration and Change Management Market?

In the Network Configuration and Change Management (NCCM) sector is a requirement to connect IT and business objectives while implementing NCCM efforts. Organizations must carefully assess how network modifications affect important business processes and services to avoid accidental disruptions and ensure continuous operations. To achieve this alignment, IT teams and other business units must communicate and collaborate effectively, allowing them to precisely identify network configuration and change management requirements and objectives.

Furthermore, the complexity inherent in modern network environments, defined by a diverse range of devices, applications, and platforms, creates additional challenges in developing comprehensive NCCM strategies that can adapt to the organization’s changing needs while maintaining security and compliance standards.

Finally, the success of NCCM programs is dependent on organizations’ capacity to handle the complexities of IT-business alignment and modern network complexity. Organizations may overcome these issues and maximize the potential of their network infrastructure by encouraging good communication between IT and business stakeholders and developing agile NCCM strategies that adapt to changing requirements.

Category-Wise Acumens

Will the Software Emerge the Impact for the Network Configuration and Change Management Market?

In the landscape of Network Configuration and Change Management (NCCM), software has emerged as the dominant segment. NCCM software provides crucial features for automating settings, organizing updates, and ensuring network stability. As enterprises prioritize efficiency and automation in their network management processes, demand for NCCM software solutions continues to rise. These software solutions are critical in optimizing network operations, eliminating manual intervention, and ensuring the proper functioning of complex network infrastructures.

Driven by the need for operational excellence, NCCM software solutions form the foundation of current network management strategies. They give enterprises the tools they need to automate repetitive activities, enforce configuration standards, and reduce the risks associated with human configuration changes. As businesses strive to improve network performance and adapt to changing technological environments, the use of NCCM software as a core component of network management frameworks is projected to endure and potentially rise.

Will Cloud-Based Segment Drive the Network Configuration and Change Management Market?

Cloud-based solutions are the fastest-growing segment of the Network Configuration and Change Management (NCCM) market, owing to several compelling considerations. One of the most important reasons is the cost-effectiveness of cloud-based NCCM solutions. Cloud-based products provide a financially appealing alternative for firms looking to minimize their IT expenditures since they eliminate the need for upfront hardware and software investments, as well as the continuing maintenance associated with on-premises systems.

Scalability is another major factor driving the adoption of cloud-based NCCM solutions. These products enable enterprises to scale their network management capabilities up or down in response to changing requirements, ensuring that the solution is capable of managing shifts in network complexity and workload demands. Furthermore, the accessibility provided by cloud-based solutions, which can be accessed from any location with an internet connection, enables IT professionals to efficiently manage network infrastructure remotely, increasing operational agility and responsiveness.

Moreover, the comprehensive security measures established by cloud providers to protect their data centers instill trust in enterprises about the protection of sensitive network data, adding to the popularity of cloud-based NCCM solutions in the marketplace.

Gain Access into the Network Configuration and Change Management Market Report Methodology

Country/Region-wise Acumens

Will North America Lead the Network Configuration and Change Management Market?

North America emerges as the leading revenue contributor in the Network Configuration and Change Management (NCCM) market, with a 7.8% expected growth rate during the forecast period. This dominance is linked to the region’s increased need for network-based applications and network automation systems. With a solid infrastructure and a focus on technical innovation, North America is prepared to continue its position as the leading market for NCCM systems. These solutions are critical in providing network resilience by retrieving configuration settings and returning devices to a functional condition in the case of power outages, server failures, or other catastrophic events, answering the region’s pressing demand for dependable network operations.

Within North America, Canada is predicted to experience the fastest growth in the NCCM market in the coming years, due to increased investments in network infrastructure and technological advancement.

Meanwhile, the United States maintains its dominance in the regional market, aided by a diverse range of networking equipment that demands effective functioning. As enterprises across North America appreciate the value of NCCM in preserving network stability and performance, the area is positioned to maintain its position as a significant market for NCCM solutions, fueling industry growth and innovation.

How will Europe Accelerate the Network Configuration and Change Management Market?

Europe is expected to experience significant growth in the Network Configuration and Change Management (NCCM) market, with a compound annual growth rate (CAGR) of 10.10% during the forecast period. This expansion is expected to strengthen Europe’s position as a major player in the NCCM industry, with an estimated market share of 25.6%. The increase in demand for network-based apps and devices in Europe can be ascribed to the region’s rapid digitization, corporate expansion, and growing presence of both small and major firms. As enterprises across industries embrace digital transformation projects, there is an increased demand for dependable NCCM solutions to ensure network infrastructure runs smoothly.

Industries and the IT sector in Europe are increasingly using NCCM software to improve network device performance under normal operating settings. This acceptance is motivated by the acknowledgment of NCCM software as an essential resource for managing network settings and modifications, which improves operational efficiency and reduces interruptions.The European market is divided into various segments, including the United Kingdom, Germany, France, Spain, Italy, Russia, and the rest of Europe. With each category contributing to the region’s overall growth, Europe is positioned as a dynamic and profitable market for NCCM solutions, with several chances for vendors and service providers to capitalize on the growing need for network management technologies.

Competitive Landscape

The network configuration and change management market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the market include

  • BMC Software Inc.
  • IBM Corporation
  • Cisco Systems Inc.
  • EMC Corporation
  • Hewlett Packard Enterprise (HPE)
  • Oracle Corporation
  • Microsoft Corporation
  • Broadcom
  • Solarwinds
  • Ignite Enterprise Software Solutions, Inc.
  • Zoho Corporation Pvt. Ltd.
  • Dorado Software, Inc. (U.S)
  • Hewlett Packard Enterprise Development LP
  • Paessler AG
  • NAaaS
  • Uplogix, Inc.
  • CONNET LASER TECHNOLOGY CO., LTD.

Latest Developments

  • In January 2023, Configit Ace will be accessible as a cloud service according to the business. The cloud-based Configuration Lifecycle Management (CLM) platform is vendor-agnostic and can integrate with any IT system. Configit Ace Cloud enables a full enterprise-wide configuration process for complex products, systems, and services used in design, development, production, sales, and support.
  • In January 2022, Monalytic announced a cooperation with SolarWinds to provide professional services to the latter’s public sector clients. Monalytic has extensive expertise in integrating SolarWinds with existing systems and installing software in composite environments. Monalytic’s consultants are all SolarWinds Certified Professionals, and they will continue to work with the SolarWinds Partner ecosystem.
  • In September 2021, Cisco’s Global Advocacy team held the inaugural Cisco Global Advocate Awards event. They are well-known partner marketing champions and top-performing customers in Cisco’s advocacy networks across 10 categories, highlighting their outstanding work for Cisco.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

Growth Rate

CAGR of ~5.71% from 2024 to 2031

Base Year for Valuation

2024

HISTORICAL PERIOD

2021-2023

FORECAST PERIOD

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Component
  • Deployment Model
  • Organization Size
  • Vertical
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

BMC Software Inc., IBM Corporation, Cisco Systems Inc., EMC Corporation, Hewlett Packard Enterprise (HPE), Oracle Corporation, Microsoft Corporation, Broadcom, Solarwinds, Ignite Enterprise Software Solutions, Inc., Zoho Corporation Pvt. Ltd., Dorado Software, Inc. (U.S), Hewlett Packard Enterprise Development LP, Paessler AG, NAaaS, Uplogix, Inc., CONNET LASER TECHNOLOGY CO., LTD.

Customization

Report customization along with purchase available upon request

Network Configuration and Change Management Market, By Category

Component

  • Software
  • Services

Deployment Model

  • On-premises
  • Cloud-based

Organization Size

  • Large enterprises
  • Small and medium-sized businesses (SMBs)

Vertical

  • BFSI
  • IT and Telecommunication
  • Manufacturing
  • Retail
  • Government

Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.

Pivotal Questions Answered in the Study

The network configuration and change management market is estimated to grow at a CAGR of 5.71% during the forecast period.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )