Network Configuration and Change Management (NCCM) Market worth $1,368.2 Million by 2019

Tuesday 8 April 2014, Amsterdam

The new report broadly segments the NETWORK CONFIGURATION AND CHANGE MANAGEMENT (NCCM) market on the basis of components: software and services ;by end-users: Small and Medium Enterprises (SME) and Enterprises; by deployments: On-premise and On-demand; by verticals: Banking, Financial services and Insurance (BFSI), healthcare, education, government, IT and Telecom, energy and others; by regions such as North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).

The major driving factors for NCCM market are rapidly evolving network infrastructures, increasing heterogeneity and complexity of networks and demand for automated solutions for network configuration and management. Challenges faced in NCCM market are increasing constraints on IT budgets and increasing competition. Today’s network configuration and change management solutions address the challenges of automated network configuration and reducing downtime of networks, thereby saving the company’s IT resource and reducing losses incurred due to outages of network.

The new report forecasts the Network Configuration and Change Management market to grow from $965 million in 2014 to $1,368.2 million in 2019. Among regional markets , North America and Europe is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific, Middle East and Africa and Latin America is expected to experience increased market traction, during the forecast period.