Network Monitoring Market Analysis, Share & Industry Insights 2032 | Cisco Systems, Inc., Hewlett Packard Enterprise (HPE), IBM Corporation

Network monitoring is a contemporary technology aimed at overseeing and tracking computer networks to detect data loss or theft, alerting the network administrator if such incidents occur. Ongoing network surveillance is crucial since malfunctioning devices impact network efficiency. The systems constantly oversee vast quantities of data and can employ network monitoring tools to sift through the data and identify anomalies. Consequently, these technologies are utilized in businesses, cloud solutions, and communications.

The market is anticipated to expand in the upcoming years owing to rising apprehensions regarding security threats in multiple sectors including healthcare, energy, utilities, and medical. Moreover, the growing intricacy of IT infrastructure is further escalating the need for network monitoring solutions. Organizations are recognizing the importance of securing and stabilizing their networks to safeguard sensitive information and uphold operational efficiency, leading to the expansion of the network monitoring market.

The Network Monitoring Market is Valued USD 3.34 billion in 2024 and projected to reach USD 8.30 billion by 2032, growing at a CAGR of 10.60% During the Forecast period of 2024-2032.

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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.

Top companies covered in this report: Cisco Systems, Inc., Hewlett Packard Enterprise (HPE), IBM Corporation, Juniper Networks, Inc., Netscout Systems, Inc., ConnectWise, Inc., Broadcom Inc., Nokia Corporation, SolarWinds Worldwide, LLC, VIAVI Solutions Inc., Riverbed Technology, Inc., AppNeta, Gigamon, Paessler AG, Micro Focus International plc, ExtraHop Networks, and Others.

Industry News:

January 2024: Nokia announced that it would provide NOS with its scalable MantaRay network management solution (formerly known as NetAct). This would offer a unified and automated network monitoring view and management.

July 2023: ConnectWise, Inc. developed a new network management capabilities solution based on the ConnectWise AsioTM platform. It partnered with Auvik to deliver seamless network visibility and real-time monitoring alerts to IT solution providers (TSPs)and their customers.

Network Monitoring Market Segmentation:

By Component
Solutions
Network Monitoring Software
Network Packet Broker
Network TAP
Network Probes
Others
Services
Professional Services
Managed Services

By Technology
Ethernet
Fiber Optic
Wireless

By Bandwidth
1-10 GBPS
10-40 GBPS
40-100 GBPS

By Enterprise Size
Small and Medium Enterprises (SMEs)
Large Enterprises

By End-User Industry
IT and Telecom
BFSI (Banking, Financial Services, and Insurance)
Healthcare
Government and Defense
Manufacturing
Retail
Others

Regional Analysis

North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)

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Important Features of the reports:

- Detailed analysis of the Network Monitoring Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Network Monitoring Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Network Monitoring Market performance.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Network Monitoring Market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Network Monitoring Market

How big will the market and growth rate be in 2032?

What are the key drivers for the global Network Monitoring Market?
What are the major market trends influencing the growth of the global Network Monitoring Market?
What are the challenges for market growth?
Who are the key vendors in the global Network Monitoring Market?
What market opportunities and threats are vendors facing in the global Network Monitoring Market?
What are the main findings of the five forces analysis of the global Network Monitoring Market?

Conclusion: At the end of the Network Monitoring Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segment analysis is also provided in terms of type and application.

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