The North America Active Network Management Market is expected to witness market growth of 13.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Active Network Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $789.6 million by 2031. The Canada market is experiencing a CAGR of 16.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 15.4% during 2024-2031.
This market is experiencing significant growth as utilities, telecom operators, and industries seek to improve their network operations' efficiency, reliability, and sustainability. This network management refers to a set of technologies and practices to ensure the dynamic optimization and management of network resources in real-time. These solutions monitor, control, and optimize the network infrastructure to maximize operational performance, reduce downtime, and lower costs.
Active network management finds applications in various sectors where optimizing the network performance is critical to service delivery and operational efficiency. The telecommunications industry is one of the primary beneficiaries of ANM systems. Telecom operators must ensure the uninterrupted flow of data across increasingly complex networks. By leveraging ANM systems, telecom companies can dynamically manage network traffic, allocate resources efficiently, and provide a seamless experience for end-users.
Canada’s marine transportation sector played a vital role in the country’s economy, with $151 billion in exports and $194 billion in imports. This level of trade activity has significant implications for the energy sector, as port authorities and shipping routes require a stable and efficient energy supply. With over 339 million tons of cargo handled across Canadian ports, energy demand will increase in and around these ports. ANM systems will help ensure energy is distributed efficiently to port facilities, reducing energy waste and ensuring continuous operations. Mexico aims to produce 35 percent of its electricity from clean energy sources by 2024, including from renewable and non-renewable sources such as nuclear and cogeneration, highlighting the need for improved grid management. As Mexico advances its clean energy transition, the role of this network management systems will become critical to ensuring that the integration of diverse energy sources is managed efficiently. Thus, the rise of marine transportation in Canada and Mexico’s ambitious clean energy goals are expected to significantly drive the market's growth.
The US market dominated the North America Active Network Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $789.6 million by 2031. The Canada market is experiencing a CAGR of 16.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 15.4% during 2024-2031.
This market is experiencing significant growth as utilities, telecom operators, and industries seek to improve their network operations' efficiency, reliability, and sustainability. This network management refers to a set of technologies and practices to ensure the dynamic optimization and management of network resources in real-time. These solutions monitor, control, and optimize the network infrastructure to maximize operational performance, reduce downtime, and lower costs.
Active network management finds applications in various sectors where optimizing the network performance is critical to service delivery and operational efficiency. The telecommunications industry is one of the primary beneficiaries of ANM systems. Telecom operators must ensure the uninterrupted flow of data across increasingly complex networks. By leveraging ANM systems, telecom companies can dynamically manage network traffic, allocate resources efficiently, and provide a seamless experience for end-users.
Canada’s marine transportation sector played a vital role in the country’s economy, with $151 billion in exports and $194 billion in imports. This level of trade activity has significant implications for the energy sector, as port authorities and shipping routes require a stable and efficient energy supply. With over 339 million tons of cargo handled across Canadian ports, energy demand will increase in and around these ports. ANM systems will help ensure energy is distributed efficiently to port facilities, reducing energy waste and ensuring continuous operations. Mexico aims to produce 35 percent of its electricity from clean energy sources by 2024, including from renewable and non-renewable sources such as nuclear and cogeneration, highlighting the need for improved grid management. As Mexico advances its clean energy transition, the role of this network management systems will become critical to ensuring that the integration of diverse energy sources is managed efficiently. Thus, the rise of marine transportation in Canada and Mexico’s ambitious clean energy goals are expected to significantly drive the market's growth.
List of Key Companies Profiled
- ABB Ltd.
- Cisco Systems, Inc.
- General Electric Company
- IBM Corporation
- Oracle Corporation
- Schneider Electric SE
- Siemens AG
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Itron, Inc.
- KELVATEK LTD.
Market Report Segmentation
By Component
- Software
- Service
By Application
- Real time Monitoring
- Automation
- Grid Asset Monitoring
- Other Application
By Enterprise Size
- Large Enterprises
- SMEs
By Industries
- Energy & Utility
- Transportation
- Government
- Other Industries
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Active Network Management Market by Component
Chapter 6. North America Active Network Management Market by Application
Chapter 7. North America Active Network Management Market by Enterprise Size
Chapter 8. North America Active Network Management Market by Industries
Chapter 9. North America Active Network Management Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- ABB Ltd.
- Cisco Systems, Inc.
- General Electric Company
- IBM Corporation
- Oracle Corporation
- Schneider Electric SE
- Siemens AG
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Itron, Inc.
- KELVATEK LTD.
Methodology
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