Global Industry Analysts Predicts the World Network Management Systems Market to Reach $11.3 Billion by 2026
Added 06-27-22 06:04:02am EST - “A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Network Management Systems - Global Market Trajectory & Analytics". The report presents fresh…” - Finance.yahoo.com
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Posted By TheNewsCommenter: From Finance.yahoo.com: “Global Industry Analysts Predicts the World Network Management Systems Market to Reach $11.3 Billion by 2026”. Below is an excerpt from the article.
SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Network Management Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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Global Network Management Systems Market to Reach $11.3 Billion by 2026Amid the COVID-19 crisis, the global market for Network Management Systems estimated at US$6.7 Billion, is projected to reach a revised size of US$11.3 Billion by 2026, growing at a CAGR of 8.9% over the analysis period. Solutions, one of the segments analyzed in the report, is projected to record a 9.8% CAGR and reach US$9.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 6.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion in 2021, While China is Forecast to Reach $2 Billion by 2026The Network Management Systems market in the U.S. is estimated at US$2.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2026 trailing a CAGR of 8.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 7.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR. More
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