Global Active Network Management Market By Types (Software, Services), Applications (Automation, Grid Asset Monitoring, Real Time Monitoring), Verticals (Energy & Utility, Government, Transportation)
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The Global Active Network Management Market size is expected to reach $1.3 billion by 2023, rising at a market growth of 16.6% CAGR during the forecast period. Active network management provides advanced power distribution capabilities by monitoring and controlling several energy infrastructure components such as renewable energy generation, power storage devices, generators, and some others. Automation and grid asset monitoring are the primary applications of the active network management system. Active network management has been in trend and has been a top priority for many industries, primarily due to its ability to optimize energy distribution management. The active network management market would witness unprecedented growth due to growing demand for high grid stability, real-time evaluation, and need for automation in power management solutions.
Based on Types, the market report segments the market into Software and Services. Based on Applications, the Global Active Network Management market segments the market into Grid Asset Monitoring, Real Time Monitoring, Automation, and Others. Based on Verticals, the market report segments the market into Energy & Utility, Government, Transportation, and Others. Based on Regions, the Global Active Network Management market segments the market into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The market research report covers the competition analysis of key stake holders of the Global Active Network Management Market. Key companies profiled in the report include BB Ltd., Chemtrols Industries Pvt. Ltd., Cisco Systems, Inc., General Electric Company, IBM Corporation, Kelvatek Ltd., Oracle Corporation, Schneider Electric, Siemens AG, and Smarter Grid Solutions.
North America Active Network Management Market (2017-2023)
Europe Active Network Management Market (2017-2023)
Asia Pacific Active Network Management Market (2017-2023)
LAMEA Active Network Management Market (2017-2023)