Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 2.56 Billion

Market Size (2029)

USD 7.45 Billion

CAGR (2024-2029)

19.31%

Fastest Growing Segment

Services

Largest Market

North America

Market Overview

Global Active Network Management Market was valued at USD 2.56 billion in 2023 and is expected to reach USD 7.45 billion by 2029 with a CAGR of 19.31% during the forecast period.  The Active Network Management (ANM) Market encompasses technologies and solutions designed to enhance the efficiency, reliability, and stability of electrical grid networks through real-time monitoring, control, and optimization. ANM systems are pivotal in managing the increasing complexity of modern energy networks, which integrate diverse energy sources including renewable energies, distributed generation, and advanced storage solutions. By utilizing sophisticated algorithms, sensors, and communication technologies, ANM solutions enable utilities and grid operators to dynamically adjust network operations, balance supply and demand, and mitigate risks associated with grid instability. These systems support various functionalities, including voltage and frequency regulation, load management, fault detection, and restoration.

Key Market Drivers

Growing Adoption of Renewable Energy Sources

The growing adoption of renewable energy sources is a primary driver of the global Active Network Management (ANM) market. As the global energy landscape shifts towards sustainability, there is an increasing integration of solar, wind, and other renewable energy sources into existing power grids. These renewable sources are inherently variable and intermittent, creating challenges for traditional grid management systems that are designed for steady, predictable power flows. Active Network Management solutions address these challenges by enabling real-time monitoring and dynamic control of grid operations. They optimize the integration of renewable energy by balancing supply and demand, managing grid stability, and improving overall efficiency. The increasing penetration of renewables necessitates advanced ANM systems to ensure grid reliability and to facilitate the smooth transition from fossil fuels to cleaner energy sources. Additionally, many governments and regulatory bodies are implementing policies and incentives to support renewable energy adoption, further driving the demand for ANM solutions. The expansion of smart grids and the implementation of innovative grid management technologies underscore the growing need for ANM systems that can accommodate the complexities associated with a diverse energy mix and enhance the resilience of power networks.

Technological Advancements in Smart Grid Technologies

Technological advancements in smart grid technologies are significantly propelling the growth of the global Active Network Management market. The evolution of smart grids, which incorporate advanced metering infrastructure, communication networks, and automation systems, is transforming traditional power networks into more intelligent and responsive systems. These technological advancements enable real-time data collection, remote monitoring, and automated control of grid operations, which are crucial for effective network management. Active Network Management solutions leverage these technologies to enhance grid efficiency, reliability, and flexibility. They facilitate better integration of distributed energy resources, improve demand response, and optimize grid performance through sophisticated algorithms and analytics. The proliferation of Internet of Things (IoT) devices, big data analytics, and artificial intelligence (AI) in smart grids further enhances ANM capabilities, allowing for predictive maintenance, fault detection, and dynamic load management. As smart grid technologies continue to advance, they drive the demand for ANM solutions that can harness these innovations to optimize grid operations and support the transition towards more sustainable energy systems.

Increasing Focus on Grid Reliability and Resilience

The increasing focus on grid reliability and resilience is a key driver of the global Active Network Management market. In an era marked by extreme weather events, natural disasters, and cyber threats, ensuring the stability and security of power grids has become a critical priority for utilities and grid operators. Active Network Management solutions play a crucial role in enhancing grid resilience by providing real-time visibility into grid conditions, enabling rapid response to disruptions, and facilitating the restoration of normal operations. These systems help utilities anticipate and mitigate potential issues, reduce downtime, and improve overall grid reliability. As the frequency and intensity of disruptive events rise, the need for robust ANM solutions that can adapt to changing conditions and maintain grid stability becomes increasingly urgent. Additionally, regulatory pressures and industry standards are pushing utilities to invest in technologies that enhance grid resilience and ensure continuous power supply. This growing emphasis on reliability and resilience drives the demand for advanced ANM systems capable of managing complex grid dynamics and safeguarding against potential disruptions.

Download Free Sample Report

Key Market Challenges

Integration with Legacy Systems

One of the primary challenges in the global Active Network Management (ANM) Market is the integration with existing legacy systems. Many utility and grid operators rely on outdated infrastructure that was not designed to accommodate the sophisticated functionalities of modern ANM solutions. Integrating ANM systems with these legacy technologies can be complex and resource-intensive, often requiring significant modifications or upgrades to existing infrastructure. This integration challenge is compounded by the need to ensure seamless communication and data exchange between new and old systems while maintaining operational continuity. The process involves addressing compatibility issues, data synchronization challenges, and potential disruptions in service. Furthermore, legacy systems may lack the necessary interoperability standards or support for advanced features offered by contemporary ANM solutions, making the integration process more cumbersome. Utility companies must also navigate the financial implications of upgrading or replacing outdated systems, which can involve substantial capital expenditure and long-term planning. The complexity of integration can delay the deployment of ANM solutions and impede the realization of their full potential, ultimately affecting the efficiency and effectiveness of network management operations.

Rise in Cybersecurity Risks

Another significant challenge facing the global Active Network Management Market is the heightened risk of cybersecurity threats. As ANM systems become increasingly interconnected and rely on real-time data exchange, they present attractive targets for cyber-attacks. The deployment of ANM solutions often involves the integration of various networked components, including sensors, control systems, and communication networks, each of which can be vulnerable to cyber threats. Ensuring the security of these systems is crucial, as breaches can lead to severe consequences such as operational disruptions, data loss, and potential safety hazards. The increasing sophistication of cyber-attacks, including ransomware and advanced persistent threats, poses a continual risk to the integrity and reliability of ANM systems. Organizations must implement robust cybersecurity measures, including encryption, access controls, and continuous monitoring, to mitigate these risks. However, these measures can be costly and complex to implement, particularly for smaller organizations with limited resources. Additionally, the evolving nature of cybersecurity threats requires ongoing updates and adaptations to security protocols, further straining resources. The challenge of maintaining cybersecurity while deploying and managing ANM solutions is critical, as failures in this area can undermine the effectiveness of network management and compromise the safety and security of critical infrastructure.

Key Market Trends

Adoption of Advanced Analytics and Artificial Intelligence

The global Active Network Management (ANM) market is witnessing a significant shift towards the integration of advanced analytics and artificial intelligence (AI), which are reshaping how network operations are managed. Advanced analytics tools are increasingly being used to process vast amounts of data generated by smart grids and network sensors. These tools help in predicting potential issues, optimizing performance, and enhancing decision-making processes. AI and machine learning algorithms are being deployed to analyze patterns, detect anomalies, and automate responses in real time, leading to more proactive and efficient network management. By leveraging AI, operators can improve fault detection and diagnosis, reduce downtime, and enhance the overall reliability of network systems. The growing complexity of energy networks, driven by the integration of renewable energy sources and decentralized generation, further necessitates the use of sophisticated analytical tools to maintain stability and optimize performance. As these technologies evolve, they are expected to provide deeper insights and more accurate forecasts, thus driving the adoption of AI and advanced analytics in ANM solutions.

Increasing Focus on Integration with Renewable Energy Sources

The global Active Network Management market is experiencing a notable trend towards greater integration with renewable energy sources, driven by the global push for sustainability and carbon reduction. As the share of renewable energy in the power grid increases, managing the variability and intermittency of sources such as wind and solar becomes crucial. ANM solutions are being designed to accommodate these challenges by incorporating advanced forecasting tools, real-time data analysis, and flexible network control strategies. This integration enables utilities to better balance supply and demand, mitigate the impacts of renewable energy fluctuations, and ensure grid stability. Moreover, the deployment of smart grids and energy storage systems is enhancing the ability of ANM solutions to manage distributed energy resources effectively. This trend is also supported by regulatory incentives and government policies aimed at promoting clean energy. As the market evolves, the integration of renewable energy sources is expected to drive innovation in ANM technologies and lead to more resilient and adaptable energy networks.

Segmental Insights

Component Insights

The Software segment held the largest Market share in 2023. The Active Network Management (ANM) Market in the Software segment is propelled by a combination of technological advancements, regulatory pressures, and evolving industry needs. At the core of this growth is the increasing complexity of energy grids driven by the integration of renewable energy sources and decentralized power generation. As utilities and energy providers strive to accommodate this shift, there is a heightened demand for sophisticated software solutions that can efficiently manage, optimize, and monitor network operations in real-time. Active Network Management software plays a crucial role in enhancing grid stability, reliability, and efficiency by enabling dynamic responses to fluctuating energy inputs and consumption patterns. The expansion of smart grids and the proliferation of Internet of Things (IoT) devices necessitate advanced software capabilities for effective network control and data analysis. Regulatory frameworks and government initiatives focused on reducing carbon emissions and promoting sustainable energy practices are also driving the adoption of ANM software, as utilities seek to comply with stringent environmental standards while maintaining operational efficiency.

The rise of digital transformation within the energy sector is encouraging the implementation of ANM solutions to integrate legacy systems with modern, data-driven technologies. The demand for enhanced cybersecurity measures to protect critical infrastructure from cyber threats is further fueling the market, as ANM software must offer robust security features to safeguard against potential breaches. The growing emphasis on real-time data analytics and predictive maintenance underscores the need for ANM software that can provide actionable insights and preemptive measures to address network issues before they escalate. As energy companies and grid operators continue to seek innovative solutions to meet these challenges, the Active Network Management software segment is expected to witness sustained growth, driven by its critical role in facilitating efficient, reliable, and sustainable energy management.

Download Free Sample Report

Regional Insights

North America region held the largest market share in 2023. The Active Network Management (ANM) Market in North America is experiencing dynamic growth, driven by several key factors. The region's rapid adoption of renewable energy sources, such as wind and solar power, necessitates advanced network management solutions to ensure grid stability and reliability. As these intermittent energy sources become more prevalent, ANM systems are crucial for balancing supply and demand, managing voltage levels, and integrating distributed energy resources efficiently. Additionally, North America's aging power infrastructure requires modernization to meet the demands of a growing population and evolving energy landscape.

Active Network Management technologies play a pivotal role in enhancing grid resilience and operational efficiency, addressing challenges related to the integration of new technologies and the need for real-time monitoring and control. Government policies and incentives aimed at promoting clean energy and reducing carbon emissions further stimulate market growth by encouraging utilities and grid operators to invest in ANM solutions. The increasing complexity of energy networks, driven by the proliferation of smart grids and advanced metering infrastructure, also accelerates the demand for sophisticated ANM systems that can manage and optimize these complex networks effectively.

The rising focus on improving energy security and reliability in the face of natural disasters and cyber threats underscores the importance of robust network management solutions. The growing emphasis on data analytics and artificial intelligence within ANM systems enhances their capability to predict and mitigate potential issues, optimize grid performance, and support decision-making processes. As North American utilities and grid operators seek to improve their operational efficiency and adapt to the evolving energy landscape, the adoption of ANM technologies is expected to continue to rise, driven by the need for enhanced grid management, increased reliability, and support for renewable energy integration.

Recent Developments

  • In February 2023, Siemens has formed a strategic partnership with EnergyHub to develop a comprehensive and scalable next-generation Distributed Energy Resources (DER) management system. Siemens' software will be integral in optimizing network planning, operations, and maintenance by incorporating all distributed energy sources. This collaboration combines Siemens' network expertise with EnergyHub's advanced grid capabilities, delivering a robust solution for next-generation DER management. The partnership is set to enable utilities to achieve net-zero emissions by utilizing distributed energy resources as an alternative to traditional infrastructure investments, thereby minimizing the need for costly hardware upgrades.
  • January 2023, Expeto, Inc. has partnered with Portland General Electric (PGE), a leading provider of public and private mobile networks, to expedite grid modernization and the integration of renewable energy. Leveraging Expeto's private wireless network, enabled by PGE, this collaboration will enhance automated grid resilience, enable real-time tracking of field conditions via intelligent sensors, and improve worker safety through integrated connectivity. Additionally, the initiative includes the deployment of electric vehicle charging stations to support public grid usage. This strategic alliance is poised to drive the adoption of renewable energy and advance the modernization of grid infrastructure.
  • In August 2023, GE Digital introduced GridOS, a comprehensive software portfolio designed to transform grid orchestration. Aimed at redefining the electric grid as a clean energy leader, GridOS provides a secure, powerful platform and a range of applications that enable utility companies worldwide to achieve the resilience and flexibility needed for the clean energy transition. By leveraging infrastructure from cloud service providers and system integrator partners, GridOS accelerates grid modernization and supports the growth of a sustainable energy grid.
  • In June 2023, Siemens launched its latest software, LV Insights X, part of the Xcelerator portfolio. This cutting-edge solution enables distribution grid operators (DSOs) to tackle a pressing challenge: significantly enhancing grid capacity to meet the growing demands on existing infrastructure. The rapid expansion of decentralized renewable energy sources, coupled with the rise of new consumers such as electric vehicle (EV) chargers and heat pumps, has intensified the need for robust grid solutions. LV Insights X provides DSOs with comprehensive visibility into low-voltage grid levels, offering the potential to reduce outage times, increase grid capacity by up to 30%, and identify critical segments for targeted improvements.

Key Market Players

  • ABB Limited
  • Honeywell International Inc.
  • Schneider Electric SE
  • General Electric Company
  • Siemens AG
  • Eaton Corporation plc
  • S&C Electric Company
  • Landis+Gyr Group AG
  • Osborne Energy Ltd
  • Doble Engineering Company

By Component

By Enterprise Type

By Application

By Industry

By Region

  • Software
  • Services
  • Small & Medium Enterprises
  • Large Enterprises
  • Automation
  • Grid Asset Monitoring
  • Real-time Monitoring
  • Others
  • Energy & Utility
  • Transportation
  • Government
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Active Network Management Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Active Network Management Market, By Component:

o   Software

o   Services

  • Active Network Management Market, By Enterprise Type:

o   Small & Medium Enterprises

o   Large Enterprises  

  • Active Network Management Market, By Application:

o   Automation

o   Grid Asset Monitoring

o   Real-time Monitoring

o   Others

  • Active Network Management Market, By Industry:

o   Energy & Utility

o   Transportation

o   Government

o   Others

  • Active Network Management Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Active Network Management Market.

Available Customizations:

Global Active Network Management Market report with the given Market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Active Network Management Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.          Markets Covered

1.2.2.          Years Considered for Study

1.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.          Secondary Research

2.5.2.          Primary Research

2.6.  Approach for the Market Study

2.6.1.          The Bottom-Up Approach

2.6.2.          The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.          Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    Global Active Network Management Market Outlook

5.1.  Market Size & Forecast

5.1.1.          By Value

5.2.  Market Share & Forecast

5.2.1.          By Component (Software, Services)

5.2.2.          By Enterprise Type (Small & Medium Enterprises, Large Enterprises)

5.2.3.          By Application (Automation, Grid Asset Monitoring, Real-time Monitoring, and Others)

5.2.4.          By Industry (Energy & Utility, Transportation, Government, Others)

5.2.5.          By Company (2023)

5.3.          Market Map

6.    North America Active Network Management Market Outlook

6.1.  Market Size & Forecast

6.1.1.          By Value

6.2.  Market Share & Forecast

6.2.1.          By Component

6.2.2.          By Enterprise Type

6.2.3.          By Application

6.2.4.          By Industry

6.2.5.          By Country

6.3.  North America: Country Analysis

6.3.1.          United States Active Network Management Market Outlook

6.3.1.1.              Market Size & Forecast

6.3.1.1.1.                By Value

6.3.1.2.              Market Share & Forecast

6.3.1.2.1.                By Component

6.3.1.2.2.                By Enterprise Type

6.3.1.2.3.                By Application

6.3.1.2.4.                By Industry

6.3.2.          Canada Active Network Management Market Outlook

6.3.2.1.              Market Size & Forecast

6.3.2.1.1.                By Value

6.3.2.2.              Market Share & Forecast

6.3.2.2.1.                By Component

6.3.2.2.2.                By Enterprise Type

6.3.2.2.3.                By Application

6.3.2.2.4.                By Industry

6.3.3.          Mexico Active Network Management Market Outlook

6.3.3.1.              Market Size & Forecast

6.3.3.1.1.                By Value

6.3.3.2.              Market Share & Forecast

6.3.3.2.1.                By Component

6.3.3.2.2.                By Enterprise Type

6.3.3.2.3.                By Application

6.3.3.2.4.                By Industry

7.    Europe Active Network Management Market Outlook

7.1.  Market Size & Forecast

7.1.1.          By Value

7.2.  Market Share & Forecast

7.2.1.          By Component

7.2.2.          By Enterprise Type

7.2.3.          By Application

7.2.4.          By Industry

7.2.5.          By Country

7.3.  Europe: Country Analysis

7.3.1.          Germany Active Network Management Market Outlook

7.3.1.1.              Market Size & Forecast

7.3.1.1.1.                By Value

7.3.1.2.              Market Share & Forecast

7.3.1.2.1.                By Component

7.3.1.2.2.                By Enterprise Type

7.3.1.2.3.                By Application

7.3.1.2.4.                By Industry

7.3.2.          United Kingdom Active Network Management Market Outlook

7.3.2.1.              Market Size & Forecast

7.3.2.1.1.                By Value

7.3.2.2.              Market Share & Forecast

7.3.2.2.1.                By Component

7.3.2.2.2.                By Enterprise Type

7.3.2.2.3.                By Application

7.3.2.2.4.                By Industry

7.3.3.          Italy Active Network Management Market Outlook

7.3.3.1.              Market Size & Forecast

7.3.3.1.1.                By Value

7.3.3.2.              Market Share & Forecast

7.3.3.2.1.                By Component

7.3.3.2.2.                By Enterprise Type

7.3.3.2.3.                By Application

7.3.3.2.4.                By Industry

7.3.4.          France Active Network Management Market Outlook

7.3.4.1.              Market Size & Forecast

7.3.4.1.1.                By Value

7.3.4.2.              Market Share & Forecast

7.3.4.2.1.                By Component

7.3.4.2.2.                By Enterprise Type

7.3.4.2.3.                By Application

7.3.4.2.4.                By Industry

7.3.5.          Spain Active Network Management Market Outlook

7.3.5.1.              Market Size & Forecast

7.3.5.1.1.                By Value

7.3.5.2.              Market Share & Forecast

7.3.5.2.1.                By Component

7.3.5.2.2.                By Enterprise Type

7.3.5.2.3.                By Application

7.3.5.2.4.                By Industry

8.    Asia-Pacific Active Network Management Market Outlook

8.1.  Market Size & Forecast

8.1.1.          By Value

8.2.  Market Share & Forecast

8.2.1.          By Component

8.2.2.          By Enterprise Type

8.2.3.          By Application

8.2.4.          By Industry

8.2.5.          By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.          China Active Network Management Market Outlook

8.3.1.1.              Market Size & Forecast

8.3.1.1.1.                By Value

8.3.1.2.              Market Share & Forecast

8.3.1.2.1.                By Component

8.3.1.2.2.                By Enterprise Type

8.3.1.2.3.                By Application

8.3.1.2.4.                By Industry

8.3.2.          India Active Network Management Market Outlook

8.3.2.1.              Market Size & Forecast

8.3.2.1.1.                By Value

8.3.2.2.              Market Share & Forecast

8.3.2.2.1.                By Component

8.3.2.2.2.                By Enterprise Type

8.3.2.2.3.                By Application

8.3.2.2.4.                By Industry

8.3.3.          Japan Active Network Management Market Outlook

8.3.3.1.              Market Size & Forecast

8.3.3.1.1.                By Value

8.3.3.2.              Market Share & Forecast

8.3.3.2.1.                By Component

8.3.3.2.2.                By Enterprise Type

8.3.3.2.3.                By Application

8.3.3.2.4.                By Industry

8.3.4.          South Korea Active Network Management Market Outlook

8.3.4.1.              Market Size & Forecast

8.3.4.1.1.                By Value

8.3.4.2.              Market Share & Forecast

8.3.4.2.1.                By Component

8.3.4.2.2.                By Enterprise Type

8.3.4.2.3.                By Application

8.3.4.2.4.                By Industry

8.3.5.          Australia Active Network Management Market Outlook

8.3.5.1.              Market Size & Forecast

8.3.5.1.1.                By Value

8.3.5.2.              Market Share & Forecast

8.3.5.2.1.                By Component

8.3.5.2.2.                By Enterprise Type

8.3.5.2.3.                By Application

8.3.5.2.4.                By Industry

9.    South America Active Network Management Market Outlook

9.1.  Market Size & Forecast

9.1.1.          By Value

9.2.  Market Share & Forecast

9.2.1.          By Component

9.2.2.          By Enterprise Type

9.2.3.          By Application

9.2.4.          By Industry

9.2.5.          By Country

9.3.  South America: Country Analysis

9.3.1.          Brazil Active Network Management Market Outlook

9.3.1.1.              Market Size & Forecast

9.3.1.1.1.                By Value

9.3.1.2.              Market Share & Forecast

9.3.1.2.1.                By Component

9.3.1.2.2.                By Enterprise Type

9.3.1.2.3.                By Application

9.3.1.2.4.                By Industry

9.3.2.          Argentina Active Network Management Market Outlook

9.3.2.1.              Market Size & Forecast

9.3.2.1.1.                By Value

9.3.2.2.              Market Share & Forecast

9.3.2.2.1.                By Component

9.3.2.2.2.                By Enterprise Type

9.3.2.2.3.                By Application

9.3.2.2.4.                By Industry

9.3.3.          Colombia Active Network Management Market Outlook

9.3.3.1.              Market Size & Forecast

9.3.3.1.1.                By Value

9.3.3.2.              Market Share & Forecast

9.3.3.2.1.                By Component

9.3.3.2.2.                By Enterprise Type

9.3.3.2.3.                By Application

9.3.3.2.4.                By Industry

10.  Middle East and Africa Active Network Management Market Outlook

10.1.   Market Size & Forecast         

10.1.1.       By Value

10.2.   Market Share & Forecast

10.2.1.       By Component

10.2.2.       By Enterprise Type

10.2.3.       By Application

10.2.4.       By Industry

10.2.5.       By Country

10.3.   Middle East and Africa: Country Analysis

10.3.1.       South Africa Active Network Management Market Outlook

10.3.1.1.           Market Size & Forecast

10.3.1.1.1.             By Value

10.3.1.2.           Market Share & Forecast

10.3.1.2.1.             By Component

10.3.1.2.2.             By Enterprise Type

10.3.1.2.3.             By Application

10.3.1.2.4.             By Industry

10.3.2.       Saudi Arabia Active Network Management Market Outlook

10.3.2.1.           Market Size & Forecast

10.3.2.1.1.             By Value

10.3.2.2.           Market Share & Forecast

10.3.2.2.1.             By Component

10.3.2.2.2.             By Enterprise Type

10.3.2.2.3.             By Application

10.3.2.2.4.             By Industry

10.3.3.       UAE Active Network Management Market Outlook

10.3.3.1.           Market Size & Forecast

10.3.3.1.1.             By Value

10.3.3.2.           Market Share & Forecast

10.3.3.2.1.             By Component

10.3.3.2.2.             By Enterprise Type

10.3.3.2.3.             By Application

10.3.3.2.4.             By Industry

10.3.4.       Kuwait Active Network Management Market Outlook

10.3.4.1.           Market Size & Forecast

10.3.4.1.1.             By Value

10.3.4.2.           Market Share & Forecast

10.3.4.2.1.             By Component

10.3.4.2.2.             By Enterprise Type

10.3.4.2.3.             By Application

10.3.4.2.4.             By Industry

10.3.5.       Turkey Active Network Management Market Outlook

10.3.5.1.           Market Size & Forecast

10.3.5.1.1.             By Value

10.3.5.2.           Market Share & Forecast

10.3.5.2.1.             By Component

10.3.5.2.2.             By Enterprise Type

10.3.5.2.3.             By Application

10.3.5.2.4.             By Industry

11.  Market Dynamics

11.1.   Drivers

11.2.   Challenges

12.  Market Trends & Developments

13.  Company Profiles

13.1.   ABB Limited

13.1.1.       Business Overview

13.1.2.       Key Revenue and Financials 

13.1.3.       Recent Developments

13.1.4.       Key Personnel/Key Contact Person

13.1.5.       Key Product/Services Offered

13.2.   Honeywell International Inc.

13.2.1.       Business Overview

13.2.2.       Key Revenue and Financials 

13.2.3.       Recent Developments

13.2.4.       Key Personnel/Key Contact Person

13.2.5.       Key Product/Services Offered

13.3.   Schneider Electric SE

13.3.1.       Business Overview

13.3.2.       Key Revenue and Financials 

13.3.3.       Recent Developments

13.3.4.       Key Personnel/Key Contact Person

13.3.5.       Key Product/Services Offered

13.4.   General Electric Company

13.4.1.       Business Overview

13.4.2.       Key Revenue and Financials 

13.4.3.       Recent Developments

13.4.4.       Key Personnel/Key Contact Person

13.4.5.       Key Product/Services Offered

13.5.   Siemens AG

13.5.1.       Business Overview

13.5.2.       Key Revenue and Financials 

13.5.3.       Recent Developments

13.5.4.       Key Personnel/Key Contact Person

13.5.5.       Key Product/Services Offered

13.6.   Eaton Corporation plc

13.6.1.       Business Overview

13.6.2.       Key Revenue and Financials 

13.6.3.       Recent Developments

13.6.4.       Key Personnel/Key Contact Person

13.6.5.       Key Product/Services Offered

13.7.   S&C Electric Company

13.7.1.       Business Overview

13.7.2.       Key Revenue and Financials 

13.7.3.       Recent Developments

13.7.4.       Key Personnel/Key Contact Person

13.7.5.       Key Product/Services Offered

13.8.   Landis+Gyr Group AG

13.8.1.       Business Overview

13.8.2.       Key Revenue and Financials 

13.8.3.       Recent Developments

13.8.4.       Key Personnel/Key Contact Person

13.8.5.       Key Product/Services Offered

13.9.   Osborne Energy Ltd

13.9.1.       Business Overview

13.9.2.       Key Revenue and Financials 

13.9.3.       Recent Developments

13.9.4.       Key Personnel/Key Contact Person

13.9.5.       Key Product/Services Offered

13.10.  Doble Engineering Company

13.10.1.     Business Overview

13.10.2.     Key Revenue and Financials 

13.10.3.     Recent Developments

13.10.4.     Key Personnel/Key Contact Person

13.10.5.     Key Product/Services Offered

14.  Strategic Recommendations

15.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The Market size of the Global Active Network Management Market was USD 2.56 billion in 2023.

down-arrow

The software segment dominated the market in 2023, driven by the increasing need for efficient network operations and real-time monitoring. The surge in network complexity and demand for seamless data management fuels the adoption of advanced software solutions, enhancing network reliability and performance across various industries.

down-arrow

The North America region dominated the market in 2023 and is driven by the region's emphasis on enhancing grid reliability and integrating renewable energy sources. The increasing demand for efficient energy distribution and real-time monitoring solutions, coupled with significant investments in smart grid technologies, fuels market growth and innovation.

down-arrow

The Active Network Management Market is driven by the increasing complexity of energy grids and the need for enhanced grid reliability and efficiency. Advances in smart grid technology and real-time monitoring solutions enable better integration of renewable energy sources, optimizing grid performance and reducing operational costs.

profile

Sakshi Bajaal

Business Consultant
Press Release

Active Network Management Market is expected to Grow with a CAGR of 19.31% through 2029

Nov, 2024

Increasing need for efficient grid operation, real-time monitoring, growing renewable energy integration and grid modernization initiatives is expected to accelerate market growth in the forecast per