Active Network Management Market Forecast and Growth 2031

Active Network Management Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Industry (Energy and Utilities, Transportation, Oil and Gas, Manufacturing, and Others), Application (Grid Asset Management, Real-Time Monitoring, and Automation), Organization Size (Small and Medium Enterprises and Large Enterprises), and Geography

  • Report Code : TIPRE00004485
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 201
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The active network management market size was valued at US$ 1.29 billion in 2023 and is expected to reach US$ 4.51 billion by 2031; it is estimated to record a CAGR of 16.9% from 2023 to 2031. The report includes growth prospects in light of current active network management market trends and driving factors influencing the market growth. The integration of AI-driven optimization promises enhanced efficiency, performance, and responsiveness in network operations, leading to more intelligent and sustainable networks. AI network monitoring offers several benefits, including predictive analysis to identify automatically and remediate network issues, chatbot alerts, digital experience monitoring, and traffic engineering. By leveraging AI, network operators can optimize data routing, reduce congestion and latency, dynamically allocate resources based on demand, and detect potential cyber threats. These capabilities contribute to improved network performance, reliability, and security.

Active Network Management Market Analysis

Real-time grid monitoring allows grid operators to have an accurate and up-to-date understanding of the electrical grid's performance, including power flows, voltages, and equipment conditions. With the increasing complexity and interconnectivity of modern power systems, real-time grid monitoring has become essential for ensuring reliable and efficient electricity delivery. Active network management involves the use of advanced software and hardware solutions to manage and optimize the operation of the electrical grid actively. By integrating real-time grid monitoring into active network management systems, grid operators can make faster and more informed decisions to maintain grid stability, reduce power outages, and optimize energy efficiency.

Active Network Management Market Overview

Active network management is a crucial component as it empowers organizations to optimize their network infrastructure and ensure seamless connectivity. In simple terms, active network management refers to the proactive monitoring, controlling, and optimization of network resources to enhance performance, reliability, and security. Furthermore, active network management involves a range of practices and technologies aimed at maximizing the efficiency and effectiveness of network operations. It encompasses activities such as real-time monitoring of network traffic, identifying and resolving potential bottlenecks, implementing load balancing mechanisms, and deploying security measures to safeguard sensitive data. Moreover, active network management plays a vital role in enhancing network security. By actively monitoring and analyzing network traffic, businesses can quickly identify and mitigate potential threats and vulnerabilities. This proactive approach empowers organizations to detect and respond to security breaches, prevent unauthorized access, and safeguard critical business information.

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Active Network Management Market: Strategic Insights

Active Network Management Market

  • CAGR (2023 - 2031)
    16.9%
  • Market Size 2023
    US$ 1.29 Billion
  • Market Size 2031
    US$ 4.51 Billion

Market Dynamics

GROWTH DRIVERS
  • Increasing Need for Efficient Power Management Solutions
  • Surging Number of Smart City Initiatives, Growth in Renewable Energy Generation
FUTURE TRENDS
  • Integration of AI-driven Optimization
OPPORTUNITIES
  • Rising Deployment of IoT/Connected Devices across Energy and Utilities
  • Increasing Adoption of Real-Time Grid Monitoring

Key Players

  • ABB
  • Cisco Systems, Inc.
  • GE Grid Solutions, LLC
  • IBM Corporation
  • Camlin Group
  • Oracle Corporation
  • Argand Solutions
  • Siemens AG
  • Smarter Grid Solutions
  • IV Automation

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Component
  • Software and Services
Industry
  • Energy and Utilities
  • Transportation
  • Oil and Gas
  • Manufacturing
  • Others
Application
  • Grid Asset Management
  • Real-Time Monitoring
  • Automation
Organization Size
  • Small and Medium Enterprises
  • Large Enterprises
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Active Network Management Market Drivers and Opportunities

Integration of AI-driven Optimization to Favor Market

In April 2024, Databricks, a leading Data and AI company, unveiled the Data Intelligence Platform for Energy. This cutting-edge platform brings the transformative capabilities of AI to the energy sector, empowering enterprises to leverage the wealth of energy data available and develop innovative AI applications while safeguarding their data privacy and confidential intellectual property. With Databricks' Data Intelligence Platform for Energy, energy leaders can gain a comprehensive, real-time view of their operations, enabling them to proactively address maintenance requirements, minimize unplanned downtime, make accurate energy generation forecasts, and make informed decisions toward achieving a more efficient and sustainable future. As AI tools continue to advance, there is potential for further innovation and optimization in network operation.

Rising Deployment of IoT/Connected Devices across Energy and Utilities

The increasing deployment of artificial intelligence (AI), the Internet of Things (IoT), and advanced data analytics has transformed the way natural resources are processed and distributed. These technologies have enabled the development of smart and fully controlled work processes, leading to improved productivity and efficiency in the utility sector. The key technology driving the transformation of the energy and utility sector is IoT-enabled intelligent automation, which improves efficiency, increases revenue, and conserves enterprise resources. By leveraging IoT, utility companies can achieve smarter grid management, efficient energy production, and improved user experience.

Active Network Management Market Report Segmentation Analysis

The key segments that contributed to the derivation of the active network management market analysis are component, industry, application, organization size, and geography.

  • Based on component, the market is divided into software and services. The software segment held the largest active network management market share in 2023.
  • Based on industry, the market is divided into energy and utility, transportation, oil and gas, manufacturing, and others. The energy and utilities segment held the largest share of the active network management market in 2023.
  • Based on application, the market is divided into grid asset monitoring, real-time monitoring, and automation. The grid asset management segment held the largest share of the active network management market in 2023.

Active Network Management Market Share Analysis by Geography

The geographic scope of the active network management market report is mainly divided into five regions: North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America.

  • The Asia Pacific active network management market is segmented into Australia, India, China, Japan, South Korea, and the Rest of Asia Pacific. Asia, which includes China, Japan, and India, is a growing market for active network management solutions, owing to increased investment in electricity generation for various industry verticals such as energy and utility, transportation, and construction. Furthermore, with rising industrialization in emerging nations such as China, South Korea, and India, the market for active network management is likely to expand rapidly during the forecast period.
  • The Europe active network management market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Europe is focusing on the generation and use of renewable energy. For example, the European Union (EU) achieved its 20% renewable energy target in 2020. 22.5% of energy consumed in the EU in 2022 was generated from renewable sources. Due to this, the solar panels on rooftops, electric cars, and wind turbines on the horizon are becoming quite common and ordinary sights across Europe. Thus, such inclination toward the use of renewables has surged the need for the active network management solution as it offers real time energy generation management.

Active Network Management Market Report Scope

Report Attribute Details
Market size in 2023 US$ 1.29 Billion
Market Size by 2031 US$ 4.51 Billion
Global CAGR (2023 - 2031) 16.9%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Software and Services
By Industry
  • Energy and Utilities
  • Transportation
  • Oil and Gas
  • Manufacturing
  • Others
By Application
  • Grid Asset Management
  • Real-Time Monitoring
  • Automation
By Organization Size
  • Small and Medium Enterprises
  • Large Enterprises
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB
  • Cisco Systems, Inc.
  • GE Grid Solutions, LLC
  • IBM Corporation
  • Camlin Group
  • Oracle Corporation
  • Argand Solutions
  • Siemens AG
  • Smarter Grid Solutions
  • IV Automation
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Active Network Management Market News and Recent Developments

    The active network management market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the XYZ market are listed below:

    • In 2023, Siemens took a significant step to accelerate the energy transition: As an industry first, the company presented LV Insights X software, its newly developed software for low-voltage grids. The software, part of the Siemens Xcelerator portfolio, enables distribution grid operators (DSO) to tackle the most pressing challenge: the need to increase grid capacity significantly. In contrast, grids are already pushed to their limits by the fast increase of decentralized renewable energy infeed and additional consumers such as EV chargers or heat pumps. To avoid power grids from becoming the bottleneck of the energy transition, utilities urgently need to increase their grid capacity and actively manage the low-voltage grid. (Source: Simens, Press Release, 2022)
    • In 2023, Expeto, Inc. partnered with Portland General Electric (PGE), a leading provider of public and private mobile networks, to speed grid modernization and renewable energy integration. Expeto's private wireless network, which Portland General Electric is facilitating, will streamline automated grid resilience, track field conditions using intelligent sensors and equipment, integrate workers for improved employee safety, and provide public grid charging stations for electric vehicles. This coordinated project aims to accelerate the deployment of renewable energy and improve the grid infrastructure. (Source: Expeto, Inc., Press Release, 2022)

    Active Network Management Market Report Coverage and Deliverables

    The "Active Network Management Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What will be the market size for the active network management market by 2031?

    The active network management market is expected to reach US$ 4.51 billion by 2031.

    What are the driving factors impacting the Active Network Management market?

    Factors such as the surging number of smart city initiatives and the increasing need for efficient power management solutions are driving the active network management market.

    What is the estimated market size for the active network management market in 2023?

    The active network management market was valued at US$ 1.29 billion in 2023; it is expected to record a CAGR of 16.9% during 2023–2031.

    What is the future trend of the Active Network Management market?

    Integration of AI-driven Optimization is expected to remain a trend in the active network management market.

    Who are the key players holding the major market share of the active network management market?

    The key players holding majority shares in the active network management market include ABB; Cisco Systems, Inc.; GE Grid Solutions, LLC; IBM Corporation; and Camlin Group.

    The List of Companies - Active Network Management Market

    1. ZIV Automation
    2. ABB Ltd
    3. Cisco Systems Inc
    4. International Business Machines Corp
    5. Oracle Corp 
    6. Siemens AG 
    7. GE Grid Solutions
    8. Camlin Group 
    9. Argand Solutions 
    10. Smarter Grid Solutions

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

    1. Data Collection and Secondary Research:

    As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

    Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

    1. Primary Research:

    The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

    For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

    A typical research interview fulfils the following functions:

    • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
    • Validates and strengthens in-house secondary research findings
    • Develops the analysis team’s expertise and market understanding

    Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

    • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
    • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

    Below is the breakup of our primary respondents by company, designation, and region:

    Research Methodology

    Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

    1. Data Analysis:

    Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

    • 3.1 Macro-Economic Factor Analysis:

    We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

    • 3.2 Country Level Data:

    Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

    • 3.3 Company Profile:

    The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

    • 3.4 Developing Base Number:

    Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

    1. Data Triangulation and Final Review:

    The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

    We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

    We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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