Key Players Adopted the Key Strategies of New Product Launches, Acquisitions, and Partnerships to Achieve Growth in the Unified Network Management Market
Unified network management refers to the combination of wireline and wireless networking solutions which can be managed through a single interface. It helps administrators in providing a consolidated view of wireline and wireless networking. It monitors, configures, updates, and manages all the networking devices being implemented in an organization. MarketsandMarkets forecasts the unified network management market size to grow from 5.01 USD Billion in 2016 to 12.32 USD Billion by 2021, at a CAGR of 19.7%. The market will be driven by the increasing demand of secured networking solutions among businesses for reducing cyber-crime.
The key players in the unified network management market include Cisco (U.S.), IBM Corporation (U.S.), EMC Corporation (U.S.), and others. These players have adopted the key strategies of new product launches, acquisitions, and partnerships to achieve growth in the unified network management market.
The unified network management market witnessed many new partnerships by top players from 2015 to 2016. Avaya, one of the leading networking solution providers has focused on partnerships with key players in this market. The company recently entered into a partnership with FatPipe Networks to combine its data center SDN and SDWAN into a single solution for networking. Moreover, Avaya entered into a partnership with Ciena, a U.S. based telecommunications company. This integration enabled both the companies to fully virtualize the network and gain benefits from unified infrastructure.
EMC is another leading cloud storage player and has been extensively valued as a proficient vendor for its highly optimized telecom network-based offerings. EMC partnered with Brocade, a network solution provider, to provide consistent, scalable, and reliable network architectures that supported virtualized end-user computing backgrounds. Another market player, Ericsson, entered into a partnership with Twentieth Century Fox Corporation, an American film studio. This partnership enabled Ericsson to provide next generation content on unified delivery network.
Unified network management solutions are also being increasingly adopted in various verticals, such as high-tech & telecom, retail & consumer goods, education, and travel & hospitality to improve networking facilities and to reduce the disadvantages of wired and wireless networking. This has led to the significant growth of the market across the globe.
Related Reports:
Unified Network Management Market by Networking Types (Wireline and Wireless), Solution, Service (Training & Support, Consulting and Managed & Integration), Deployment (On-Premise and On-Cloud), User Type, Industry, and Region - Global Forecast to 2021
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