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:
- 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:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Application, Industries, Component, Enterprise Size, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- 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
By Enterprise Size
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
Table of Contents
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