Pune, Maharashtra -- (SBWIRE) -- 08/24/2020 -- Network Configuration and change management (NCCM) technology helps to minimize human errors resulting from manual configuration changes, thereby reduce network downtime. Also, it gives immediate notification on the change, hence providing real time notifications and alerts. NCCM continuously monitor device configurations which helps in better management of network configuration files in multi-vendor network environment.

Increase in network size and complexity as a direct consequence of the business's expansion is considered as key driving factor which is expected to boost the Network Configuration and Change Management (NCCM) Market growth. Furthermore, continuous addition of new devices and technologies and addressing business demands will positively contribute the market growth. Moreover, cost reduction is the main advantage of network configuration and change management which is expected to propel the market growth. In addition to that, advent of networking technologies such as software-defined network and Network Function Virtualization will increase the demand for network NCCM over the forecast period.

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The prevailing competitors in the global Network Configuration and Change Management (NCCM) market has also been portrayed in the report, offering an opportunity to the market players to gauge their performance. The report has been prepared after studying the different parameters ruling the global Network Configuration and Change Management (NCCM) market and the forecast period has been estimated from 2020-2027. The forecast period is the time period when the key driving factors and parameters will help the market to flourish significantly. The estimated value of the market has been represented through a Compound Annual Growth Rate percentage (CAGR %). In addition to that, the report represents the approximate revenue which can be generated over the forecast period. However, the report has also outlined the factors that can slowdown the growth of the global Network Configuration and Change Management (NCCM) market.

However, reluctance to change the standard procedures is the major challenging factor which is expected to hamper the Network Configuration and Change Management (NCCM) Market growth during this analysis period.

Market Key Players

Various key players are discussed in this report such as Alterpoint, Bmc Software, CA Technologies, Cisco, Dorado Software, Emc Corporation, IBM, Hewlett Packard, and Manageengine

Market Taxonomy

By Component

- Software
- Services

By Deployment

- On-Premise
- On-Demand

By Organization Type

- Small and Medium Size Enterprises
- Large Enterprises

By Vertical

- BFSI
- Healthcare
- Education
- IT & Telecom
- Energy
- Others

By Region

- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa

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