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Key Trends Reshaping the Network Monitoring Market: Innovation Drive Shapes Technological Landscape In Network Monitoring Market Industry Transformation
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Network Monitoring Market Size Growth Forecast: What to Expect by 2025?
In recent times, we've witnessed significant growth in the network monitoring market. It is projected to expand from $2.84 billion in 2024 to $3.02 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.3%. Several factors have fueled growth in the previous period, including the escalating complexity of network environments, growing fears around cybersecurity, an intensified focus on performance optimization, compliance and regulatory demands, and the increasing scale of IT infrastructure.
How Will the Network Monitoring Market Size Evolve and Grow by 2029?
In the coming years, the network monitoring market is poised to experience rapid expansion. It is projected to attain a value of $4.66 billion by 2029, growing at a compound annual rate (CAGR) of 11.4%. This anticipated growth during the forecast period can be credited to factors such as the proliferation of cloud-based network installations, the increasing relevance of application performance monitoring (APM), the incorporation of artificial intelligence (AI) and machine learning (ML), the advent of edge computing networks, and an emphasis on network automation and orchestration. Hybrids and multi-cloud network monitoring solutions, a focus on monitoring end-user experience, collaboration with network security solutions, the integration of 5G network monitoring capabilities, and compliance with data privacy regulations are some of the significant trends for the forecast period.
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What Drivers Are Propelling the Growth of Network Monitoring Market Forward?
The escalating demand for SaaS-based network monitoring solutions is predicted to accelerate the expansion of the network monitoring market. SaaS or Software as a Service is a software delivery model in which a cloud service provider hosts and provides access to applications through the internet. SaaS network monitoring improves visibility, awareness, and the ability to manage issues without the need for a service provider's help desk by supplying real-time data straight from the user's browser. Network monitoring is a cloud-based SaaS infrastructure monitoring service that involves the collection, storage, and interpretation of network performance monitoring data in a SaaS repository, unlike traditional physical or virtual appliances. For example, the 2023 report by BetterCloud demonstrates that the desire for Software as a Service (SaaS) applications continues to surge, with businesses now using an average of 130 apps, indicating an increase of 18% in 2023. Consequently, the surge in the demand for SaaS-based network monitoring solutions is powering the growth of the network monitoring market.
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Which Emerging Trends Are Transforming the Network Monitoring Market in 2025?
The rise of technological enhancements is being recognized as a prevalent trend in the network monitoring market. The principal players involved in this market are itent on advancing new technological solutions to bolster their market presence. For instance, Datadog, Inc, a company based in the United States which focuses on monitoring and security for cloud applications, announced major upgrades to its product suite specialized for security in June 2024. The new additions include Agentless Scanning, Data Security, and Code Security features. These features are engineered to equip DevOps and security teams with the ability to securely manage their cloud environments, code, and applications in production, thus enriching their security stance throughout the development process.
What Are the Key Segments in the Network Monitoring Market?
The network monitoringmarket covered in this report is segmented -
1) By Offering: Equipment, Network TAPs, Data Monitoring Switches, Solutions and Services
2) By Bandwidth: 1 and 10 Gbps, 40 Gbps, 100 Gbps
3) By Enterprise Size: Large Enterprise, SMEs
4) By Applications: IT and Telecom, BFSI, Healthcare, Energy and Utilities, Government, Retail, Industrial, Other Applications
Subsegments:
1) By Equipment: Network Monitoring Appliances, Hardware Devices For Monitoring, Network Sensors
2) By Network Taps (Test Access Points): Passive Network Taps, Active Network Taps, Aggregating Network Taps
3) By Data Monitoring Switches: Managed Switches, Unmanaged Switches, Layer 2 And Layer 3 Switches
4) By Solutions And Services: Network Performance Monitoring Solutions, Security Monitoring Solutions, Consulting And Implementation Services, Support And Maintenance Services
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Who Are the Key Players Shaping the Network Monitoring Market's Competitive Landscape?
Major companies operating in the network monitoring market include International Business Machines Corporation, Broadcom Inc., Keysight Technologies Inc., Juniper Networks Inc., Arista Networks Inc., Splunk Inc., VIAVI Solutions Inc., Cisco Systems Inc., Datadog Inc., ManageEngine Inc., Riverbed Technology Inc., Netgear Inc., Netscout Systems Inc., SolarWinds Inc., Dynatrace LLC, Gigamon Inc., ExtraHop Networks Inc., SevOne Inc., LogicMonitor Inc., Paessler AG, Kentik Inc., AppNeta Inc., Accedian Networks Inc., Calient Technologies LLC, Garland Technology Inc., Plixer International Inc., Big Switch Networks Inc., Nagios Enterprises LLC, Motadata Inc., Apcon Technologies Inc.
What Geographic Markets Are Powering Growth in the Network Monitoring Market?
North America was the largest region in the network monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global network monitoring market during the forecast period. The regions covered in the network monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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