Overview
The active network management market is anticipated to grow by US$1,583.4 million by 2024 rapidly growing at a CAGR of 15.5% during the forecast period. The global active network management market is driven by increasing demand for management of power supply and the rising need to avoid overloading of power grids. These factors have helped shape the active network management market and are expected to boost the growth. Companies in the active network management market could also face challenges such as lack of awareness about ANM and high initial investment. The details covered in the active network management market report cover all the aspects of the industry. Analysts studying the active network management market have also shared growth projections in the report and have suggested active network management market players to plan business strategies accordingly.
Market Segmentation
The global ANM Market has been segmented based on components, organization size, and applications. On the basis of components, the market for active network management is segmented based on software and services. Additionally, the market on the basis of applications, is segmented into water treatment and distribution, oil and gas, power grid and transmission, and power generation. The global market for active network management is also covered based on organization size segment which is further split into small and.
Factors like development of smart grids around the world and growing adoption of ANM support the active network management market growth. The performance of the active network management market has also been studied for the past and current years. Additionally, the active network management market report provides analysis of these segments. The active network management market segmental analysis provided in the report offers major details about the active network management market based on the data and forecasts till 2024.
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Regional Overview
Companies in the active network management market are spread across the world. The active network management market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American active network management market has many companies across the United States, Canada, and Mexico. The active network management market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the active network management market can be found in the market research report. Europe has companies in the active network management market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the active network management market across India, China, and Japan in the Asia-Pacific region is also presented in the report.
Competitive Landscape
The active network management market is supported by smart grid projects and growing investment pockets across the market. The population growth around the world and increasing demand of active network management market based services and products also support the market growth. However, the active network management market growth can be affected due to lack of skilled human resource. The report covers all such details which will help companies in the active network management market to strengthen their business plan and improve their product portfolio. The active network management market research report also provides company profiles of major companies. The company profiles of many organizations operating in the active network management market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the active network management market. New companies and established businesses can plan their strategies based on this data provided in the active network management market research report.
Industry News
In a strategic move from Active Interest Media, Growth Driver Partners, a middle-market private equity company, bought The Equine Network. GCP associates with the core leadership team of Equine Network, including Tom Winsor, who might become President and CEO, and Andy Clurman, new CEO of Active Interest Media, who may become Equine Network's Executive Chairman.
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Active Network Management Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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