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Global Active Network Management Market to reach USD 3222.37 million by the end of 2030.

Global Active Network Management Market Size study & Forecast, by Application (Automation, Grid Asset Monitoring, Real time Monitoring, Others) By Industries (Energy and Utility, Transportation, Government, Others) By Component (Software, Service) By Enterprise Size (Large Enterprises, SMEs) and Regional Analysis, 2023-2030

Product Code: ICTICTI-84955872
Publish Date: 4-10-2023
Page: 200

Global Active Network Management Market is valued approximately at USD 1038.86 million in 2022 and is anticipated to grow with a healthy growth rate of more than 15.2% over the forecast period 2023-2030. Active Network Management is a set of techniques used in the field of electrical power systems to actively monitor and control the flow of electricity in real-time. It is an approach that enables better integration of renewable energy sources, improves grid efficiency, and enhances system reliability. The Active Network Management market is expanding because of factors such as rise in need for automation and rising electricity generation.

Active Network Management involves continuous monitoring of grid parameters such as voltage, frequency, and power flow in real-time. Automation enables the efficient collection and processing of data from numerous sensors and measurement devices distributed throughout the network. According to the Statista, in 2020, the global industrial automation industry will be worth approximately USD 175 billion. Until 2025, the market is predicted to develop at a compound annual growth rate of about 9%. The global industrial automation market is expected to be worth approximately $265 billion USD by 2025. Another important factor drives the Active Network Management market is increasing number of active internet users. As Active Network Management used in electrical power systems to actively monitor and control the flow of electricity. It focuses on optimizing the operation of the power grid, integrating renewable energy sources, and improving system reliability. In addition, as per Statista, it is projected that global electricity demand will reach around 35.3 petawatt hours by 2040. Moreover, increasing demand of renewable energy generation and rising technological advancement in Active Network Management systems is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the high cost of active network management and risk associated to data breach stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Active Network Management Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players in the region such as General Electric and Oracle Corporation. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increase in deployment of automated application.

Major market player included in this report are:

IBM Corporation
Cisco Systems Inc
Chemtrols Industries Pvt. Ltd
Smarter Grid Solutions
Schneider Electric S.E
General Electric Company
Abb Ltd
Oracle Corporation
Kelvatek Ltd
Siemens AG

Recent Developments in the Market:
Ø In May 2023, IBM announced IBM Hybrid Cloud Mesh, a SaaS product designed to help organisations manage their hybrid multicloud architecture. IBM Hybrid Cloud Mesh is powered by “Application-Centric Connectivity” and is designed to automate the process, management, and observability of application connectivity in and between public and private clouds, allowing modern enterprises to operate their infrastructure across hybrid multicloud and heterogeneous environments.

Global Active Network Management Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Application, Industries, Component, Enterprise Size, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application
Grid Asset Monitoring
Real time Monitoring
Others
Automation

By Industries
Energy and Utility
Transportation
Government
Others

By Component
Software
Service

By Enterprise Size
Large Enterprises
SMEs

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Active Network Management Market, by region, 2020-2030 (USD Million)
1.2.2. Active Network Management Market, by Application, 2020-2030 (USD Million)
1.2.3. Active Network Management Market, by Industries, 2020-2030 (USD Million)
1.2.4. Active Network Management Market, by Component, 2020-2030 (USD Million)
1.2.5. Active Network Management Market, by Enterprise Size, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Active Network Management Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Active Network Management Market Dynamics
3.1. Active Network Management Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rise in need for automation
3.1.1.2. Rising electricity generation
3.1.2. Market Challenges
3.1.2.1. High cost of Active Network Management
3.1.2.2. Risk associated to data breach
3.1.3. Market Opportunities
3.1.3.1. Increasing demand of renewable energy generation.

3.1.3.2. Rising technological advancement in Active Network Management systems
Chapter 4. Global Active Network Management Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Active Network Management Market, by Application
5.1. Market Snapshot
5.2. Global Active Network Management Market by Application, Performance – Potential Analysis
5.3. Global Active Network Management Market Estimates & Forecasts by Application 2020-2030 (USD Million)
5.4. Active Network Management Market, Sub Segment Analysis
5.4.1. Automation
5.4.2. Grid Asset Monitoring
5.4.3. Real time Monitoring
5.4.4. Others
Chapter 6. Global Active Network Management Market, by Industries
6.1. Market Snapshot
6.2. Global Active Network Management Market by Industries, Performance – Potential Analysis
6.3. Global Active Network Management Market Estimates & Forecasts by Industries 2020-2030 (USD Million)
6.4. Active Network Management Market, Sub Segment Analysis
6.4.1. Energy and Utility
6.4.2. Transportation
6.4.3. Government
6.4.4. Others
Chapter 7. Global Active Network Management Market, by Component
7.1. Market Snapshot
7.2. Global Active Network Management Market by Component, Performance – Potential Analysis
7.3. Global Active Network Management Market Estimates & Forecasts by Component 2020-2030 (USD Million)
7.4. Active Network Management Market, Sub Segment Analysis
7.4.1. Software
7.4.2. Service
Chapter 8. Global Active Network Management Market, by Enterprise Size
8.1. Market Snapshot
8.2. Global Active Network Management Market by Enterprise Size, Performance – Potential Analysis
8.3. Global Active Network Management Market Estimates & Forecasts by Enterprise Size 2020-2030 (USD Million)
8.4. Active Network Management Market, Sub Segment Analysis
8.4.1. Large Enterprises
8.4.2. SMEs
Chapter 9. Global Active Network Management Market, Regional Analysis
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Active Network Management Market, Regional Market Snapshot
9.4. North America Active Network Management Market
9.4.1. U.S. Active Network Management Market
9.4.1.1. Application breakdown estimates & forecasts, 2020-2030
9.4.1.2. Industries breakdown estimates & forecasts, 2020-2030
9.4.1.3. Component breakdown estimates & forecasts, 2020-2030
9.4.1.4. Enterprise Size breakdown estimates & forecasts, 2020-2030
9.4.2. Canada Active Network Management Market
9.5. Europe Active Network Management Market Snapshot
9.5.1. U.K. Active Network Management Market
9.5.2. Germany Active Network Management Market
9.5.3. France Active Network Management Market
9.5.4. Spain Active Network Management Market
9.5.5. Italy Active Network Management Market
9.5.6. Rest of Europe Active Network Management Market
9.6. Asia-Pacific Active Network Management Market Snapshot
9.6.1. China Active Network Management Market
9.6.2. India Active Network Management Market
9.6.3. Japan Active Network Management Market
9.6.4. Australia Active Network Management Market
9.6.5. South Korea Active Network Management Market
9.6.6. Rest of Asia Pacific Active Network Management Market
9.7. Latin America Active Network Management Market Snapshot
9.7.1. Brazil Active Network Management Market
9.7.2. Mexico Active Network Management Market
9.8. Middle East & Africa Active Network Management Market
9.8.1. Saudi Arabia Active Network Management Market
9.8.2. South Africa Active Network Management Market
9.8.3. Rest of Middle East & Africa Active Network Management Market

Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Company 1
10.1.2. Company 2
10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. IBM Corporation
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Recent Developments
10.3.2. Cisco Systems Inc
10.3.3. Chemtrols Industries Pvt. Ltd
10.3.4. Smarter Grid Solutions
10.3.5. Schneider Electric S.E
10.3.6. General Electric Company
10.3.7. Abb Ltd
10.3.8. Oracle Corporation
10.3.9. Kelvatek Ltd
10.3.10. Siemens AG
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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