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The global market for active network management categorized by software, services, organization size, application area, & by region.
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Active Network Management Market is expected to grow $1,411 million by 2023
Scope of The Report The research report categorizes the Active Network Management Market to forecast the revenues and analyse the trends in each of the following subsegments: • Power • Power Generation • Thermal Power Plants • Nuclear Power Plants • Renewable Power Plants • Power Grids • Energy and utilities • Oil and Gas • Electric Power Transmission • Water Treatment and Distribution • Others • Solution • Services • Professional Services • Consulting Services • System Integration • Support and Maintenance • Managed Services By Component By Application Area And More…
Key Segments The growth in renewable energy commercialization and increasing demand for uninterruptable transmission of electricity among users will drive the market. 1 2 The ANM market is growing rapidly because of growth in renewable energy (solar and wind power) commercialization. 3 Energy and utility businesses are witnessing numerous technology revolutions to meet the changing trends of energy consumption. 4 A majority of the energy and utilities players in the ecosystem are focusing on energy costs and environmental concerns as a key part of their strategy. 5 This sector comprises water utilities, oil and gas distribution networks, and electric power transmission, and is largely dependent on the IT and telecommunications infrastructure for improving the efficiency and reliability of the utilities.
Market Growth Rate CAGR 2018 2023 Market Size of $682 million Market Size of $1,411 million 15.6%
Key Vendors Major Players • General Electric (US) • ABB (Switzerland) • Siemens (Germany) • Schneider Electric SE (France) • Itron (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/active-network-management-market-17947707.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR
Key Questions Addressed by the Report: • What are new market segments to focus over the next 2–5 years for prioritizing the efforts and investments? • Which are the key players in the market and how intense is the competition? • What are the new innovations and developments done by the major market players? • What are the driving factors, opportunities, restraints, and challenges that drive or hamper the growth of the market? • What are the regulatory implications that impact the market directly and indirectly?
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