Network Bandwidth Management Software Market - Growth, Trends, COVID-19 Impact,Posted by Statzy Market Research on May 12th, 2021 Excessive use of one part of the networks impacts the overall network performance leads to increased latency and downtime. Network usage by non-business also affects its performance; hence, the real-time monitoring and its management are emerging in the enterprises. - In the past decade, the exponential increase in the IoT devices, especially in mobile devices, has created immense demand for network management software among internet service providers and mobile communication services vendors. This is expected to grow over the forecast period and driving the growth of the network bandwidth management market. - However, as there are some of the free versions of network management software available in the market, advent to this, several firewall service providers are offering network management software as a service. These are some of the significant factors limiting market growth. For sample report please visit : https://www.statzyreports.com/report/sr498317/network-bandwidth-management-software-market - The growing internet usage has penetrated its usage in almost all the industries, including telecommunication and IT. The trend towards OTT and IPTV are gaining customer interest. Also, telecommunication companies are partnering with OTT players for gaining the market share. Hence, these companies have to manage their network bandwidth for its seamless performance demanding the network bandwidth management software solutions. - According to Limelight Networks, India, Philipines, Singapore, and the United States spends more than eight hours each weak for video streaming. Whereas, globally, consumers watch 6.75 and 8.03 average hours of online video and broadcast video online, respectively. - The real-time analysis of the bandwidth usage and delays by the applications enabled with the implementation of the network bandwidth management software is gaining traction for its market growth. - The region has also become a lucrative market for many businesses owing to the cost advantages in growing economies and hence has been attracting many organizations which are deploying state of the art network management systems thus inflating the demand for unified network management. - More and more organizations in this region are adopting cloud solutions for their business operations, and as the cloud penetration in the region increases, the need for the expertise to manage the complex network will increase which is also likely to drive the market in the region. - The increasing deployment of IoT networks and other commercial private networks in the region, especially in the BFSI sector, is creating a huge demand for network bandwidth management software. Unlike many modern economies in the world, Asia-Pacific depends highly on cash for many transactions, especially in the retail sector. To meet with the cash need of the region, continuous expansion of ATM machines and high-speed networks that enable the services to run in cycles. - With growing consumption of mobile devices in the region, especially in countries, like India, China, and Indonesia, the demand for network bandwidth management software is expected to grow in the region over the forecast period. For sample report please visit : https://www.statzyreports.com/report/sr498317/network-bandwidth-management-software-market Like it? Share it!More by this author |