Network computing management involves the collection of data storage devices, computer machinery, software applications, workstations, and networks that support the processing and exchange of electronic information by software solution
Network computing technology has developed considerably in the last few years; it has become more frequent, specifically with the creation of cheap and relatively simple consumer products such as wireless router that turns the home computer setup into a local area network
In network computing management, the computer frequently shares broadband and other resources. Numerous huge business networks also share HD (Hard drive) space, where any network computer has access to some data through a hardware setup or the server.
Network computing management Market helps network virtualization in dividing the hardware network logically
Significant developments have been witnessed in network computing management for the last few years, such as cloud computing, where shared network resources can be located remotely for better data security
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Network Computing Management Market: Dynamics
Network Computing Management Market: Key Drivers
- Network computing management is an essential part of businesses, and its plays an important role in the development of business operation. Several companies are opting network computing management system by investing in current network infrastructure technologies such as IP networks, cloud services, network function virtualization (NFV), network orchestration, mobility and mobile and fixed broadband network to streamline their business operation
- Network computing management solutions supports companies in providing clear insights into bandwidth, operational efficiency and network performance and address all the main challenges such as identifying optimal routes for interconnect, reducing overall operational cost, and providing accurate insights on flow of information
- The network computing management supports cloud services, and it enables users to synchronize or remotely access data on devices with an internet connection, which is likely to be a major reason for the rising demand for network computing management during the forecast period
- The availability of free network tools that helps network administrator to monitor and analyze the network intensity and operate network infrastructure efficiently is driving the growth in network computing management market
Impact of COVID-19 on Network Computing Management Market
- Most companies are adopting the work-from-home module during the pandemic period. Companies are decreasing their investment in new technologies and services to maintain revenues. Most small businesses closed their business process due to lack of funds in order to sustain in the market.
- Demand for network computing management is decreasing during the COVID-19 lockdown situation; however, it is expected to increase after the pandemic situation owing to a rise in the need to manage increasing network attacks and network traffic
North America to Hold Major Share of Global Network Computing Management Market
- In terms of region, the global network computing management market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America dominated the global network computing management market in 2020. The U.S. is a key market in the adoption of new technologies. Strong financial position enables the country to invest heavily in the adoption of leading tools and technologies to ensure business operations.
- The network computing management market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to an increase in investment by major players to provide solutions across regions.
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Key Players Operating in Global Network Computing Management Market
- DataDirect Network, Inc.
DataDirect Network, Inc. was incorporated in 1998 and is headquartered in California, U.S. The company has developed optimized systems, software, and storage solutions for enterprises, service providers, universities, and government agencies. It also provides scalable storage infrastructure for Big Data and cloud applications. The company also offers Tintri TGC, a solution for storage management and DirectMon, a configuration and monitoring solution.
- Dawning Information Industry Co.Ltd.
Dawning Information Industry Co. Ltd., was incorporated in 1993 and is headquartered in Beijing, China. The company is a solution provider in the field of servers, storage, HPC, IT infrastructure converged systems, software, services, and cloud. The company’s storage server portfolio provides solutions for file sharing, home directories, Big Data analytics, video surveillance, and secure OnPremise storage for online sharing.
Other key players operating in the network computing management market include International Business Machines Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., SolarWinds Worldwide, LLC, Nokia Corporation, NEC Corporation, AppNeta, Catchpoint, Accedian, Paessie AG, ExtraHop Networks, Flowmon Netwoks A.S., Cubro Network Visibility, and Micro Focus.