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The Europe Active Network Management Market Size would grow at 15.7% CAGR during the forecast period (2017 - 2023). 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. Active network management is a solution that is used to streamline real-time power distribution monitoring with the help of connected devices such as renewable generation, smaller energy generators, storage devices, and others.
The active network management market would witness rapid growth in its adoption due to rising ICT expenditures by the governments of various developed and the developing regions. Based on Types, the market report segments the market into Software and Services. Based on Applications, the Europe 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 Countries, the Europe Active Network Management market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stakeholders of the Europe 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