Active Network Management (ANM) Market is estimated to grow at substantial CAGR rate in the forecast period of 2019 to 2026 due to the cost management and various other benefits accumulated with this technology.
On the other hand, high costs associated with the deployment of active network management technology and lack of awareness regarding the availability of advanced smart grid solutions are factors expected to obstruct the active network management (ANM) market growth in the above mentioned forecast period. Integration of smart grid technologies with the existing systems is projected to challenge the active network management (ANM) market.
Active Network Management (ANM) Market Scenario
According to Data Bridge Market Research, the market for active network management (ANM) is accelerating because of the increasing volume of renewable energy being commercialized also and the requirement of managing grids in a more effective way while reducing the overload on these grids which are expected to enhance the active network management (ANM) market growth. Furthermore, increase in the rate of smart city projects raising the need of smart energy distribution strategies and increasing adoption of IoT/connected devices across the energy and utilities ecosystem extend profitable opportunities to the active network management (ANM) market players.
Now the question is which are the other regions that active network management (ANM) market is targeting? Data Bridge Market Research has estimated a large growth in North America during the forecast period of 2019-2026 because of the presence of numerous vendors that provide ANM software, increase in inclination towards ANM solutions in order to better manage network operations across applications in the power and energy and utilities industries by the businesses and enterprises and early adoption of ANM software in the region.
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Active Network Management (ANM) Market Scope
Active network management (ANM) market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and 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 Middle East and Africa (MEA).
- All country based analysis of active network management (ANM) market is further analyzed based on maximum granularity into further segmentation. Active network management (ANM) market on the basis of component has been segmented into software, services, consulting, system integration and support and maintenance. Based on the organization size, the active network management (ANM) market has been segmented into small and medium-sized enterprises (SMEs) and large enterprises. Based on the application area, the active network management (ANM) market has been segmented into power, thermal power plants, nuclear power plants, renewable power plants, energy and utilities, transportation, government and others.
- Active network management (ANM) refers to the technological application of interconnecting smaller components of a smart grid with the help of software in order to better control the renewable energy generation, devices and energy generators. This technology offers better automation integration and efficiency with the purpose of better management of technologies.
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Key Pointers Covered in the Active Network Management (ANM) Market Industry Trends and Forecast to 2026
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market by Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- ABB
- Oracle
- GE Digital
- Schneider Electric
- Siemens
- Itron Inc.
- Landis+Gyr
- Indra Sistemas
- Chemtrols Industries Pvt. Ltd.
- UK Power Networks
- Camlin Ltd
- Smarter Grid Solutions Ltd.
- ZIV; Argand Solutions
- Kelvatek Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of active network management (ANM) companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-active-network-management-anm-market
Research Methodology of Active Network Management (ANM) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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