Network Monitoring Market worth US$ 2.93 Billion by 2023 | Top Technologies, Overview, Key Insights and Company Profiles

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The Global report titled “Network Monitoring Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

The Network Monitoring Market is expected to reach from US$ 1.82 Billion in 2018 to US$ 2.93 Billion by 2023, at a CAGR of 9.9% from 2018 to 2023. This report spread across 125 pages, profiling 1 companies and supported with 64 tables and 34 figures is now available in this research.

Top Companies profiled in the Network Monitoring Market:
• Gigamon (US)
• NetScout Systems(NetScout) (US)
• Ixia (US)
• VIAVI Solutions (Viavi) (US)
• APCON (US)
• Garland Technology (US)

“Rising concerns for performance monitoring drives network monitoring market for solutions & services”
The market for solutions & services is expected to grow at a higher CAGR from 2018 to 2023. Cross-domain management operations, Software as a Service (SaaS)-based network management market, and performance service level agreements in cloud monitoring are expected to redefine traditional network management. Moreover, increasing network complexity, converging technologies, and growing implementation of virtualization are expected to transform network management technologies, tools, and practices.

“Demand for higher speed drives network monitoring market for 100 Gbps bandwidth”
The market for monitoring equipment with 100 Gbps bandwidth is expected to grow at the highest CAGR during the forecast period. Although data centers across the world are currently running at 10 Gbps, they are shifting steadily toward 40 Gbps using InfiniBand or Ethernet interconnects. However, the need for 100 Gbps bandwidth may be needed sooner rather than later, and it will be a standard in development for enabling the transfer of frames at 100 Gbps.

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Breakdown of primary participants’ profile:
• By Company Type: Tier 1 =30 %, Tier 2 =45%, and Tier 3 =25%
• By Designation: C-Level Executives=35%, Directors=45%, and Others =20%
• By Region: North America = 40%, Europe = 30%, APAC=20%, and RoW =10%

Study Objectives:
• Profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders

• Analyze strategic approaches such as product launches, acquisitions, collaborations, contracts, agreements, expansions and partnerships in the network monitoring market

• Describe and forecast the network monitoring market, in terms of value, by bandwidth, offering, technology, and end user

• Describe and forecast the network monitoring market, in terms of value, by region—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), along with their respective countries

• Provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)

• Analyze micro-markets with respect to individual growth trends, prospects, and contributions to the total market

Target Audience for Network Monitoring Market:
• Network monitoring device manufacturers
• Network monitoring product traders/suppliers
• Companies involved in the ecosystem of network monitoring equipment businesses
• Raw material suppliers and distributors
• Telecommunications service providers
• IT suppliers
• Cloud service providers
• Enterprise data center professionals
• Networking and telecommunication companies
• Infrastructure architects
• System integrators
• Government councils
• Standardization bodies
• Analysts and strategic business planners

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This release was published on openPR.