Latin America, Middle East & Africa 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 Latin America, Middle East and Africa Active Network Management Market would witness market growth of 20.6% CAGR during the forecast period (2017-2023), due to rapid growth in the number of connected devices in energy & utility sector and demand for advanced and real-time analytics for power distribution and monitoring. 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. 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.
Based on Types, the market report segments the market into Software and Services. Based on Applications, the Latin America, Middle East and Africa 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 Latin America, Middle East and Africa Active Network Management market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa 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.