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NETWORK MANAGEMENT SYSTEM MARKET Challenges and Opportunities

Network Management System Market, By Component (Solution and Services), By Deployment (On-premises and Cloud), By Enterprise (Large Enterprises and Small & Medium Enterprises), By Vertical (IT & Telecom, BFSI, Government, Manufacturing, Transportation & Logistics, Healthcare, and Retail), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Market Challenge- Lack of Skilled Workforce

Shortage of skilled workforce can hamper the network management system market growth. As the adoption of software-defined networking (SDN) and AI-driven tools accelerates, there is a pressing demand for engineers with expertise in these technologies. The gap arises because traditional networking skills do not directly translate to newer, software-oriented approaches. However, enhanced learning solutions might bridge these gaps. For instance, education initiatives from Cisco Networking Academy have directly addressed workforce shortages by providing targeted training on SDN and AI-driven tools globally.

Market Opportunity- Emergence of SDN and NFV

SDN allows separation of routing decisions from hardware, enabling centralized programmability and automation of networks. NFV decouples network functions from proprietary hardware appliances, allowing them to run as software on standard servers. For instance, in 2023, AT&T adopted VMware’s SD-WAN and NFV solutions to virtualize its network functions, enabling rapid service deployment across multiple geographies. This transition reduced operational costs by 25% while enhancing the agility of their network to support dynamic enterprise demands.

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