Active Network Management Market was valued US$ 748.04 Mn in 2021 and is expected to reach US$ 2344.58 Mn by 2029, at CAGR of 15.35% during forecast period.
Active Network Management Market Overview
The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Active Network Management Market.
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Active Network Management Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Active Network Management market. The Active Network Management market report provides insights into market applications and key strategies, considering diverse driving and limiting factors. It encompasses the study of trends, volume, cost, share, supply, demand, and product analysis. Qualitative and quantitative data, gathered from primary research, free/paid databases, surveys, and Google forms, undergo analysis using tools like SWOT and PESTLE to comprehensively understand the Active Network Management market.
Active Network Management Market Dynamics
Major driving factors for the global active network management market are growth implementation of IoT/connected devices across the energy and utilities ecosystem, rising number of smart city projects leading to the implementation of smart energy distribution strategies, and increasing demand for uninterruptible transmission of electricity among end users. The global active network management market is growing rapidly because of growth in renewable energy (solar and wind power) commercialization.
The growth in renewable energy commercialization and increasing demand for uninterruptable transmission of electricity among users which will drive the market during forecast period. Global active network management (ANM) software helps to manage network constraints in real-time to avoid the reinforcement or replacement of existing assets. The system is employed by distribution network operators (DNOs) to facilitate the connection of renewable group to distribution networks. The global active network management market systems maintain and manage the network parameters, like as a voltage, power, phase balance, reactive power, and frequency within predetermined limits, thereby increasing the consumption of network assets and reducing infrastructure costs.
Active Network Management Market Regional Insights
The regional analysis within a Active Network Management market research report offers valuable insights into the distinctive characteristics of the Active Network Management market across various geographical regions. This analysis involves a detailed assessment of market trends, competition, consumer behaviors, and regulatory conditions specific to each region.
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Active Network Management Market Segmentation
by Component
• Software
• Services
by Organization Size
• Large Enterprises
• Small and Medium-Sized Enterprises
by Application Area
• Power
• Energy and Utilities
• Others
by Industry
• Energy & utility
• Transportation
• Government
• Others
Active Network Management Market Key Players
• ABB LTD
• Oracle Corporation
• GE
• IBM Corporation
• Itron
• Landis+GYR
• Indra
• Camlin
• Smarter Grid Solutions
• ZIV
• Argand Solutions
• Chemtrols Industries Pvt. Ltd.
• Cisco Systems, Inc.
• General Electric Company
• IBM Corporation
• Kelvatek Ltd.
• Schneider Electric
• Siemens AG
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Key questions answered in Active Network Management Market are:
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What is the Active Network Management market size of the dominating region?
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What was the Active Network Management market size in 2022?
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What is the expected Active Network Management market size by 2029?
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What is the growth rate of the Active Network Management Market?
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Which are the factors expected to drive the Active Network Management market growth?
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Key Offerings:
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Past Market Size and Competitive Landscape (2018 to 2021)
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Past Pricing and price curve by region (2018 to 2021)
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Market Size, Share, Size & Forecast by different segment | 2022−2029
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Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
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Market Segmentation – A detailed analysis by segment with their sub-segments and Region
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Competitive Landscape – Profiles of selected key players by region from a strategic perspective
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Competitive landscape – Market Leaders, Market Followers, Regional player
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Competitive benchmarking of key players by region
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PESTLE Analysis
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PORTER’s analysis
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Value chain and supply chain analysis
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Legal Aspects of business by region
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Lucrative business opportunities with SWOT analysis
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Recommendations
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