Network Management System (NMS) Market is projected to grow at a CAGR of 24.2% during the forecasting period 2021-2027. During the forecast era, the services segment is projected to hold the largest market share. The widespread adoption of NMS solutions by businesses and service providers has resulted in increased demand for consulting, integration, and implementation services, as well as training, support, and maintenance services all over the world.
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The demand for NMS solutions among service providers is expected to be driven by such critical factors. During the forecast era, North America would account for the largest market share. Because of the rapid adoption of advanced technology and infrastructure that helps them virtualize their IT infrastructure and promote advanced network management, North America is expected to rise at the highest CAGR during the forecast era.

Prominent key players in this market are Cisco, IBM, Huawei, Juniper Networks, Nokia, SolarWinds, CA Technologies, NETSCOUT , Riverbed Technology, Micro Focus, Ipswitch , BMC Software, ExtraHop Networks, Colasoft, Flowmon Networks, Manage Engine, Live Action, Paessler AG, SevOne , Cubro Network Visibility, Kentik, VIAVI Solutions , Accedian , Kaseya , HelpSystems, Extreme Networks, AppNeta, Ericsson, eG Innovations and Opmantek .

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