Active Network Management Market is segmented By Component (Software and Services), By Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), and By Industry Vertical (Power, Energy and Utility, Transportation, Government, and Others) and Region (United States, Canada, Mexico, South America, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, South Africa, Rest of World)

Active Network Management (ANM) connects the many components of an intelligent power grid, monitoring and running them through automated controls, maintaining predefined system characteristics. The allowable levels of power and other parameters are calculated using real-time or near-real-time network data. ANM monitors these factors to manage demand and generation while minimizing network losses, stabilizing the system, and identifying problems.

Active Network Management Market size was estimated at $XX billion in 2020 and is expected to reach $1,858 million by 2031, growing at a CAGR of 16.4 % during the forecast period of 2022 to 2031.

Active network management is predicted to increase considerably due to its high grid stability, real-time evaluation, automation possibilities, and straightforward operation. Additionally, the simplicity of detecting defects, preventing breakdowns, and the growing demand to automate devices are rising continuously in the active network management market area. Growth potential is predicted to expand as demand for intelligent energy management solutions increases and ICT investment increases. The developed nations established economies present development prospects for the worldwide active network management business. Additionally, development in the use of real-time grid monitoring is expected to stimulate the expansion of active network management in the near future.

Numerous technological breakthroughs occur in the energy and utility industries to keep pace with shifting energy consumption trends. The bulk of the ecosystems energy and utility players prioritize energy prices and environmental issues as critical components of their strategy. The complexity of industrial networks poses the greatest threat to vital infrastructures, notably those in the energy and utility sectors. This industry, which includes water utilities, petroleum & energy distribution networks, and electric power transmission, relies heavily on information technology and telecommunications infrastructure to improve utility efficiency and dependability. The energy and utility sectors can solve grid resilience difficulties and provide consumers with dependable electricity by implementing innovative grid technology.

Active Network Management Market Growth and Trend

Increased demand for active network management is expected to fuel the worldwide development of the active network management market across end-user industries, owing to improved uptime, dependability, alarm monitoring, and active notification. Active network management is a trend and a goal for many businesses, primarily due to its capacity to optimize energy distribution management. Globally, the operational network management market is predicted to grow in response to the growing demand for efficient power distribution and real-time control of electricity supply. Additionally, developments in renewable energy generation, technical advances in innovative power grid systems, and infrastructure expansion in emerging nations are expected to support future market growth.

Furthermore, factors such as a lack of IT infrastructure in developing areas and higher implementation costs may restrain the worldwide Active Network Management markets expansion throughout the projected period. Additionally, the increase in ICT expenditure by governments in both developed and developing countries, expanding urbanization, and the proliferation of IoT and linked devices are projected to provide profitable prospects in the worldwide active network management market in the upcoming years.

While the solutions already in place and suggested are often a mixture of ANM and protection systems, they can expose each separate system to erroneous functioning due to the nature of the other.

Active Network Management Market Segmentation

The Active Network Management market is segmented by component, organization size, and industry vertical. Based on component, the market consists of software and services. The services component is divided into professional services and managed services. The professional services sector is further expanded into consulting, system integration, and support and maintenance components. By organization size, the market is divided into small and medium enterprises (SME) and large enterprises. Based on industry vertical, the market is divided into power, energy and utility, transportation, government, and other. The power industry is divided into power generation and power grids. Power generation is further divided into thermal power plants, nuclear power plants, and renewable power plants. The energy and utility industry is segmented into oil and gas, electric power transmission, and water treatment and distribution sectors.

Active Network Management Market Country Analysis

In the coming years, the Asia-Pacific active network management market is predicted to grow at the fastest rate. Global manufacturers are spending extensively in the market to enhance the total offering of operational network management solutions, ensuring low-cost and on-time data analysis, load balancing, and real-time power transmission study. The Asia-Pacific nations such as China, India, Japan, and Australia present an attractive potential for market participants to develop. Additionally, the market for active network management in Europe is being driven by an increase in the growth of innovative energy solutions in renewable energy generation.

Active Network Management Market Share and Competition

The major players operating in the global active network management market are ABB, GE, Schneider Electric, Siemens, Landis+Gyr, Itron, IBM, Cisco, Smarter Grid Solutions, and Oracle.

Report Highlights

• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown

Component Type Analysis (Revenue, USD Million, 2022 - 2031)
• Software
• Services
o Professional Services
• Consulting
• System Integration
• Support and Maintenance
o Managed Services

Organization Size Analysis (Revenue, USD Million, 2022 - 2031)
• Large Enterprises
• Small and Medium-Sized Enterprises

Deployment Analysis (Revenue, USD Million, 2022 - 2031)
• On-Premises
• Cloud

Industry Vertical Analysis (Revenue, USD Million, 2022 - 2031)
• Power
o Power Generation
o Thermal Power Plants
o Nuclear Power Plants
o Renewable Power Plants
o Power Grids
• Energy and Utility
o Oil and Gas
o Electric Power Transmission
o Water Treatment and Distribution
• Transportation
• Government
• Others

Region Analysis (Revenue, USD Million, 2022 – 2031)
• North America
o United States
o Canada
o Mexico
• South America
• Europe
o France
o Germany
o Italy
o Spain
o United Kingdom
o Austria
• Asia Pacific
o Russia
o China
o Japan
o India
o Philippines
o Malaysia
o Australia
o South Korea
• Middle East
o GCC C ountries
o South Korea

Need report on this market for specific region or Country? Or need a customized report as per your need? Want to know discounts as available?

Email US

David Correa

david@marketdecipher.com

Or Fill the form below "Sample Request Form" with your queries in message box.