The Asia Pacific Active Network Management Market would witness market growth of 15.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Active Network Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $261.8 million by 2031. The Japan market is registering a CAGR of 14.4% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 15.8% during (2024 - 2031).
Industrial automation and the Internet of Things (IoT) transform manufacturing environments, creating complex networks requiring real-time management. ANM systems in manufacturing networks monitor equipment, track inventory, optimize production lines, and ensure that processes run smoothly. Integrating machine learning with ANM enables predictive maintenance and more efficient resource management.
The adoption of ANM solutions is growing rapidly across industries, driven by the increasing complexity of networks and the need for greater operational efficiency. The digital transformation of industries, coupled with the rise of IoT and AI-driven technologies, has led to more complex and interconnected networks. Traditional network management approaches are no longer sufficient to handle this complexity, pushing industries to adopt more advanced solutions like ANM that dynamically adjust and optimize network resources.
China’s electricity usage grew by 6.7% in 2023, significantly increasing across all sectors, particularly primary industries. This surge in electricity demand and the country’s ongoing push to integrate renewable energy into its grid will require advanced grid management solutions like ANM. The impact on the market in China includes: With the rise in electricity consumption, especially in industrial sectors, ANM systems will be necessary to manage energy flows more efficiently and prevent grid overloads. India’s ambitious energy transition plans, which include achieving energy independence by 2047 and Net Zero energy consumption by 2070, are pushing the country toward a greater reliance on renewable energy sources. Hydrogen will play a central role in this transition, particularly in energy storage, transportation, and industrial applications. As India focuses on decentralized power generation, including solar, wind, and hydrogen, ANM systems will be crucial in managing these distributed energy sources. Therefore, the rising electricity consumption in China and India’s commitment to an energy transition will drive the demand for active network management solutions.
Free Valuable Insights: The Global Active Network Management Market is Predict to reach USD 3.18 Billion by 2031, at a CAGR of 14.5%
Based on Component, the market is segmented into Software and Service. Based on Application, the market is segmented into Real time Monitoring, Automation, Grid Asset Monitoring, and Other Application. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Industries, the market is segmented into Energy & Utility, Transportation, Government, and Other Industries. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
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