Active Network Management Market Scope And Analysis

  • Report Code : TIPRE00004485
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 201
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Active Network Management Market Analysis, Scope, and Growth by 2031

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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
  • Services
By Industry
  • Energy and Utilities
  • Transportation
  • Oil and Gas
  • Manufacturing
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
  • 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