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Global Active Network Management Market: Introduction

Active network management ensures efficient connection between separate components of a smart grid such as storage device, energy generators, and renewable generation. It monitors and controls the operation of the components through software. Some of the major operating methodologies of active network management includes data acquisition and management, substation and network monitoring, substation and distribution network automation, real-time control, and communication architecture and information models. Active network management is a real-time platform which enables coordinated, intelligent control of RE, DERs, and other network assets.

active network management market size and forecast

Global Active Network Management Market – Dynamics

Positive Shift toward Industrial Automation through Industry 4.0 driving Growth of the Active Network Management Market

The primary focus of Industry 4.0 is availability of all relevant information in real-time by connecting all the components which are involved in the value chain process. This has increased investment across the globe specific to industrial automation, which is driving the demand for active network management that provides an architecture to monitor, run, and control the value chain components within an organization in real-time.

Lack of Communication Infrastructure Hampering Growth of the Active Network Management Market

It has been observed that lack of proper communication infrastructure in regions such as Asia Pacific and South America has impacted investment with regards to industry automation and Industry 4.0. The lack of network infrastructure as well as initial high cost of automation within organizations (specifically in production and manufacturing) is impacting the growth of the market.

North America to Dominate the Global Active Network Management Market

In terms of region, the global active network management market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the active network management market during the forecast period due to due to strong adoption of Industrial Internet of Things (IoT) and Edge Software platforms across different organizations.

COVID-19 Impact on the Global Active Network Management Market

The COVID-19 pandemic is expected to moderately impact the global active network management market. Lockdown in various nations and hold on production as well as movement of non-essential goods across the globe has impacted new technology investment and increased the risk of new capital investment. COVID-19 has also made stakeholders within SMEs more skeptical in terms of new major technology improvement enhancement within the energy industry.

active network management market region analysis

Global Active Network Management Market – Competition Landscape

  • In September 2020, Smarter Grid Solutions (SGS) and Enzen were allotted India’s first Active Network Management (ANM) contract by electricity company, TANTRANSCO. TANTRANSCO intends to roll out a pilot for the implementation of an ANM system across its transmission network to minimize renewable energy curtailment and improve system balancing.

Global Active Network Management Market: Segmentation

The global active network management market can be segmented based on:

  • Component
  • Enterprise Size
  • Application
  • Region

Global Active Network Management Market, by Component

Based on component, the global active network management market can be divided into:

  • Software
    • Cloud
    • On-premise
  • Services
    • Professional
    • Managed

Global Active Network Management Market, by Enterprise Size

In terms of enterprise size, the global active network management market can be segregated into:

  • Small & Medium Enterprise
  • Large Enterprise

Global Active Network Management Market, by Application

In terms of application, the global active network management market can be segregated into:

  • Power
  • Energy & Utility
  • Others

Regional analysis of the global active network management market includes:

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Nordics
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
active network management market growth trend

Alternative Keywords:

  • Renewable Energy Management
  • Smart Grid
  • Energy Optimization

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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