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Wpa Lsg and Ft and Nms Market

WPA LSG and FT and NMS Market

WPA LSG and FT and NMS Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:


Base Year:



Aug - 2023



Report Code:


Segments Covered
  • By Product By Product Performance Monitoring , Fault Monitoring , Account Monitoring
  • By  Application By Application Network Operators , Service Providers , NEMs
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 1.23 Billion
Revenue 2030Revenue 2030: USD 2.52 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 9.3%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
WPA LSG and FT and NMS Market Share

The global WPA LSG and FT and NMS Market is valued at USD 1.23 Billion in 2022 and is projected to reach a value of USD 2.52 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 9.3% between 2023 and 2030.

Premium Insights

Globally, 5G Network connections are increasing. Still, it is most noticeable in Asia-pacific, where mobile subscribers and IoT connections are expected to grow significantly, from 574 million in 2022 to 3.2 billion by 2025. This growth results from a strong five-year compound annual growth rate (CAGR) of 87.9 percent. Also, the Industrial Internet of Things (IoT) is a primary driver behind telecom operators' planned rollout of 5G services in Asia-Pacific. Notably, approximately 12.4 percent of Asia-Pacific telecom operators surveyed identify IoT as a significant component among their key motives for deploying 5G technology. For instance, it is expected that by the end of 2030, the number of 5G subscribers in India will have risen to 700 million, accounting for a sizable 57% share of total mobile subscriptions.

  • The rapid proliferation of IoT devices, cloud computing adoption, remote work trends, complex network architectures, high-speed and low-latency network needs, emerging technologies like 5G and edge computing, proactive monitoring, and advancements in AI and ML algorithms are driving the surge in demand for robust network management solutions.
  • North America generated more than 41.60% of revenue share in 2022
  • Asia Pacific is expected to grow at the quickest rate from 2023 to 2030
  • The Performance Monitoring segment accounted for the largest market growth. It contributed more than 36.5% of the total revenue share in 2022 due to its critical significance in guaranteeing high-accuracy GNSS receivers' ongoing and optimal operation, resulting in significant market growth for the segment.
  • Network Operators segment revealed the most significant market growth, contributing more than 38.2% of the total revenue share in 2022

WPA LSG and FT and NMS Market Size, 2022 To 2030 (USD Billion)

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Economic Insights

The global market has shown strong economic growth during the forecast period. A key growth driver is the increasing need for network security solutions, driven by organizations' increased reliance on networks for critical activities. To strengthen network defenses against cyber-attacks, these marketplaces include complete features such as authentication, authorization, encryption, and intrusion detection. Furthermore, as organizations seek secure cloud environments, increasing cloud computing usage has helped the market's expansion. Cloud-specific protections such as cloud access security broker (CASB) and cloud security posture management (CSPM) are provided by solutions. For instance, Paessier launched Passler Building Monitor, a new SaaS, in September 2021. It provided monitoring based on building data collected by the system using LPWAN technology. It enabled the early discovery and eradication of hazards. It also assisted in the identification of potential cost savings and optimizations.

Top Market Trends

Report Coverage & Deliverables

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  • Advancements in Technology: Advancements in materials and tech benefit all three markets, such as GaN-on-Si tech influencing power amplifiers, LED lighting, and fiber optics.
  • IoT Integration: Integration with IoT and connectivity are apparent, seen in smart lighting, network management via IoT, and interconnected power needs for IoT devices.
  • Bandwidth Surge: As data-hungry apps proliferate, a common trend of increased bandwidth demand occurs, influencing power amps, optical data transfer, and needing simplified network administration.
  • 5G Adoption: 5G is preferred by enterprises safeguarding wireless networks and managing multiple devices because of its increased security and scalability.
  • Cloud-Based NMS Demand: Cloud NMS attracts enterprises of all sizes because of its scalability, flexibility, and cost advantage.
  • Network Security Concerns: technologies assist in protecting networks against network threats as reliance on wireless grows, so does cyber risk.

Market Segmentation

The globel WPA LSG and FT and NMS market can be categorized into Product, Application . The Market can be categorized into Performance Monitoring , Fault Monitoring , Account Monitoring based on Product. The Market can be categorized into Network Operators , Service Providers , NEMs based on Application .

Below tree is interactive. You can click the nodes to get more information.

Based on Product

Performance Monitoring holds the largest share

In 2022, the Performance Monitoring category will generate the most revenue in the markets. This is because there is a growing demand for solutions that can assist businesses in monitoring the performance of their wireless networks. Performance monitoring tools can assist enterprises in identifying and troubleshooting network issues, hence improving network performance and reliability.

Based on Application

Network Operators will dominate the market during Forecast Period

The Network Operators segment will dominate the markets during the projected period. This is due to network operators' increased demand for solutions. Network operators must manage many wireless devices, networks, and solutions to monitor and safeguard their networks.

Based on Region

North America will lead the market

North America lead the market throughout the projected period. The region's prominence originates from the increasing usage of 5G networks, which provide enhanced security and scalability to enterprises seeking powerful wireless network protection and efficient support for a wide range of devices. Furthermore, the growing demand for cloud-based NMS solutions in North America is driven by its advantages over traditional on-premises alternatives, which include scalability, flexibility, and cost-effectiveness, catching the attention of enterprises of all sizes. Furthermore, North America's growing concerns about network security highlight the necessity of protecting wireless infrastructures from cyber threats, a role played by solutions, reinforcing the region's market leadership.

Competitive Landscape

The global market is fragmented, including numerous manufacturers, suppliers, and distributors catering to different regions and specialized niches. Different participants' varying levels of technological innovation, product features, and pricing strategies further influence the market's dispersion. This fragmentation fosters healthy competition and encourages innovation as companies strive to differentiate their offerings and capture specific market segments. For instance, Ericsson and Intel created a Tech Hub in May 2022 to enable Ericsson cloud hub RAN and Intel to improve their energy efficiency and network performance while reducing time to market.

The players in the global market include Check Point, Cisco Systems, HP, IBM, Microsoft, Colasoft, ManageEngine, Nagios, Paessler, SolarWinds, Spiceworks among others.

Recent Market Developments

  • May 2022: LiveAction will unveil a new partner site, allowing the company's partner community to collaborate more easily and effectively. It would let or equip their agents with the ability to manage and train their order pipeline.
  • February 2022: NetScout announced GeniusEDGE Server, providing customers with a high-quality user experience and the required visibility and insights. It also provides a faster way to discover and remedy end-user performance concerns.

Segmentation of the Global Market

Parameter Details
Segments Covered
  • Product (Performance Monitoring , Fault Monitoring , Account Monitoring )
  • Application (Network Operators , Service Providers , NEMs)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Check Point
  • Cisco Systems
  • HP
  • IBM
  • Microsoft
  • Colasoft
  • ManageEngine
  • Nagios
  • Paessler
  • SolarWinds
  • Spiceworks
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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Frequently Asked Question
  • The global WPA LSG and FT and NMS valued at USD 1.23 Billion in 2022 and is expected to reach USD 2.52 Billion in 2030 growing at a CAGR of 9.3%.

  • The prominent players in the market are Check Point, Cisco Systems, HP, IBM, Microsoft, Colasoft, ManageEngine, Nagios, Paessler, SolarWinds, Spiceworks.

  • The market is project to grow at a CAGR of 9.3% between 2023 and 2030.

  • The driving factors of the WPA LSG and FT and NMS include

    • Rapid proliferation of IoT devices and cloud computing adoption

  • North America was the leading regional segment of the WPA LSG and FT and NMS in 2022.

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