Active Network Management Market Size, Share, and Forecast by 2031
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
- Services
Industry
- Energy and Utilities
- Transportation
- Oil and Gas
- Manufacturing
Application
- Grid Asset Management
- Real-Time Monitoring
- Automation
Organization Size
- Small and Medium Enterprises
- Large Enterprises