Network Monitoring Market: Navigating the Digital Landscape with Advanced Surveillance (2023-2029)

Network Monitoring Market to Witness Impressive Growth, Reaching $4.50 Billion by 2029

The global Network Monitoring market, valued at US$2.38 billion in 2022, is anticipated to soar to US$4.50 billion by 2029, exhibiting a robust Compound Annual Growth Rate (CAGR) of 9.50% during the forecast period. This surge is attributed to a myriad of factors, including the escalating demand for robust network monitoring capabilities, the need to swiftly resolve downtime concerns, and the continuous monitoring imperative due to the proliferation of network complexities and security concerns.

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Impact of COVID-19 and Market Dynamics:

The recently released report delves into the aftermath of the COVID-19 lockdown on market leaders, followers, and disruptors. Varied implementations of lockdown measures across regions have resulted in diverse impacts, both short and long term. Decision-makers can leverage the report's insights to formulate strategies for navigating these impacts effectively.

Network Monitoring Market Scope:

Network Monitoring market report is an ultimate guideline for business development and provides the user with ins and outs of the industry whether a user is an investor, business owner, or wants to start a business in the same industry.

Analysis in the report is conducted using widely used and trusted tools such as SWOT, and PESTLE analysis, which gives an analysis of the impacts such as political, social-cultural, economic, technological, and environmental impacts, also can build strategic planning and management using this analysis.

The report is designed in such a manner that it provides the readers the appropriate and up-to-date market data in graphical and tabular forms.

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Driving Factors and Challenges:

Key drivers of the global Network Monitoring market include the growing need for robust monitoring to ensure mission-critical network infrastructure, the demand for continuous monitoring amidst network complexities, and the desire for highly reliable and scalable monitoring equipment. However, challenges such as handling extensive network performance data and the availability of free network traffic tools pose hurdles to market growth.

Network Monitoring Market Segmentation:

by Offering

Equipment
Solutions & Services

A network monitoring system keeps an eye on a computer network for sluggish or malfunctioning operations and notifies the network administrator through email, SMS, or other alerts in the event of outages or other issues. Network management includes network monitoring. A network monitoring system keeps an eye out for issues on the network caused by malfunctioning or overloaded servers, network connections, or other hardware. Response time, availability, and uptime are metrics that are frequently measured; however, stability and reliability metrics are beginning to gain traction as well.

by Bandwidth

1 & 10 Gbps
40 Gbps
100 Gbps

Growing are the primary factors propelling the global market for network monitoring. Strong network monitoring skills are required to ensure that mission-critical network infrastructure runs smoothly. There is also a growing need to promptly address downtime issues, a growing need for continuous monitoring due to the complexity and security concerns of networks, and an increasing need for highly dependable and scalable network monitoring equipment.

by Technology

Ethernet
Fiber Optic
InfiniBand

During the forecast period, the Ethernet segment is expected to hold the largest share of the market due to the growth of data centres and the increasing adoption of virtualization technology, which in turn will drive demand for higher bandwidth network monitoring equipment. Using Ethernet technology, it is not only affordable but also feasible to move from low bandwidth to high bandwidth without any interruptions.

by End-User

Enterprises
Telecommunications Industry
Government Organizations
Cloud Service Providers
Others

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Major Players:

1. Gigamon
2. Netscout
3. Ixia
4. Viavi
5. Apcon
6. Garland Technology
7. Juniper Networks, Inc.
8. Cisco
9. Broadcom
10.Big Switch Networks
11.Zenoss
12.Network Critical
13.Corvil
14.Calient
15.Netgear
16.Motadata
17.Keysight Technologies
18.Riverbed Technology
19.SevOne
20.Accedian
21.Arista Networks, Inc.
22.IBM
23.Pico Quantitative Trading LLC

Regional Analysis:

As Network Monitoring market tends to rapid growth within the forecast period, the MMR report is structured to support that volatility with a regional analysis of the market.

Regional market analysis helps to understand the regional potential of the industry with detailed data that shows the traditional way of business, regional opportunities, trading chains, challenges and others.

This report is the ultimate guide for a new player in the industry to know the regional market competition, challenges, and advantages, to build their strategies and plans accordingly.

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Key Questions answered in the Network Monitoring Market Report are:

What is Network Monitoring Market?
What is the forecast period of the Network Monitoring Market?
What is the competitive scenario of the Network Monitoring market?
Which region held the largest market share in the Network Monitoring Market?
What are the opportunities for the Network Monitoring Market?
What factors are affecting the Network Monitoring market growth?
Who are the key players of the Network Monitoring market?
Which company held the largest share in the Network Monitoring market?
What will be the CAGR of the Network Monitoring market during the forecast period?
What key trends are likely to emerge in the Network Monitoring market in the coming years?

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