Global Active Network Management (ANM) Market, By Component (Software and Services), Organization Size (Small and Medium-Sized Enterprises (SMEs) and Large Enterprises), Application Area (Power, Energy and Utilities, Transportation, Government and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Active Network Management (ANM) Market
The active network management (ANM) market is expected to witness market growth at a rate of 14.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on active network management (ANM) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the number of smart city projects leading to the acceptance of smart energy distribution strategies is escalating the growth of active network management (ANM) market.
Active network management (ANM) software helps in managing network constrictions in real-time to dodge the replacement or reinforcement of current assets. The technique is applied by distribution network operators (DNOs) to enable the connection of renewable generation to distribution networks. The active network management systems manage and maintain the network parameters, like power, voltage, phase balance, frequency and reactive power within prearranged limits, therefore growing the usage of network assets and decreasing infrastructure costs.
Major factors that are expected to boost the growth of the active network management (ANM) market in the forecast period are the demand for smart grid optimization through automation for effective electricity transmission. Furthermore, the increase in the renewable energy commercialization is further anticipated to propel the growth of the active network management (ANM) market. Moreover, the rise in the need for continuous transmission of electricity amongst the end users is further estimated to cushion the growth of the active network management (ANM) market. On the other hand, the rise in the price of active network management (ANM) technology deployment is further projected to impede the growth of the active network management (ANM) market in the timeline period.
In addition, the rise in the acceptance of IoT or connected devices across the energy and utilities ecosystem will further provide potential opportunities for the growth of the active network management (ANM) market in the coming years. However, the integration of smart grid technologies with current systems might further challenge the growth of the active network management (ANM) market in the near future.
This active network management (ANM) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the active network management (ANM) market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Active Network Management (ANM) Market Scope and Market Size
The active network management (ANM) market is segmented on the basis of components, organization size and application area. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of components, the active network management (ANM) market has been segmented into software, services, consulting, system integration and support and maintenance. Services is further sub segmented into professional services. Support and maintenance is further sub segmented into managed services.
- On the basis of organization size, the active network management (ANM) market has been segmented into Small and Medium-Sized Enterprises (SMEs) and large enterprises.
- On the basis of application area, the active network management (ANM) market has been segmented into power, energy and utilities, transportation, government and others. Power is further sub segmented into power generation. Renewable power plants is further sub segmented into power grids. Energy and utilities is further sub segmented into oil and gas, electric power transmission, water treatment and distribution. Others is further sub segmented into manufacturing.
Active Network Management (ANM) Market Country Level Analysis
The active network management (ANM) market is analyzed, and market size, volume information is provided by country, components, organization size, and application area as referenced above.
The countries covered in the active network management (ANM) market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the active network management (ANM) market due to the acceptance of active network management software. Furthermore, several vendors that provide this software will further boost the growth of the active network management (ANM) market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the active network management (ANM) market due to the acceptance of the technology. Moreover, the ANM solutions to better handle smart grid applications are further anticipated to propel the growth of the active network management (ANM) market in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Active Network Management (ANM) Market Share Analysis
The active network management (ANM) market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the active network management (ANM) market.
The major players covered in the active network management (ANM) market report are ABB, Oracle, General Electric Company, Schneider Electric, Siemens, Itron Inc., Landis+Gyr., INDRA SISTEMAS S.A., Chemtrols Industries Pvt. Ltd., UK Power Networks, Camlin Ltd, Smarter Grid Solutions, ZIV, Argand Solutions, Kelvatek Ltd., Cisco Systems, Inc., IBM, Western Power Distribution, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-