Executive Summary Network Monitoring Market Size and Share Forecast

CAGR Value

Data Bridge Market Research analyses that the global network monitoring market which was USD 2.49 billion in 2022, is expected to reach USD 5.53 billion by 2030, and is expected to undergo a CAGR of 10.50% during the forecast period of 2023 to 2030.

With a capable and wide-ranging market research study, Network Monitoring Market report provides the facts associated with any subject in the field of marketing. This report unearths the common market conditions, trends, preferences, key players, opportunities, geographical analysis and many other parameters that support to drive the business into right direction. With the precise and high-tech information given in the top notch Network Monitoring Market report, businesses can know about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already active in the market.

Network Monitoring Market research report consists of fundamental, secondary and advanced information allied to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2022 - 2029. This report conducts study of market drivers, market restraints, opportunities and challenges underneath market overview which provides valuable insights to businesses for taking right moves. Moreover, the report endows with the data and information for actionable, most recent and real-time market insights which make it uncomplicated to take critical business decisions. Market research analysis lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.

 

Gain clarity on industry shifts, growth areas, and forecasts in our Network Monitoring Market report. Get your copy:
https://www.databridgemarketresearch.com/reports/global-network-monitoring-market

Network Monitoring Market Review

Segments

- By Component: Solutions, Services
- By End-User: BFSI, IT & Telecom, Healthcare, Government, Retail, Others
- By Deployment Mode: On-Premises, Cloud
- By Organization Size: Large Enterprises, Small and Medium Enterprises
- By Geography: North America, Europe, Asia-Pacific, South America, Middle East and Africa

The global network monitoring market is segmented based on various factors such as component, end-user, deployment mode, organization size, and geography. In terms of components, the market is divided into solutions and services. The end-user segment includes industries such as BFSI, IT & Telecom, healthcare, government, retail, and others. Based on deployment mode, the market covers on-premises and cloud-based solutions. Furthermore, the market is categorized into large enterprises and small to medium enterprises based on organization size. Geographically, the market is analyzed across regions like North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

Market Players

- Cisco Systems, Inc.
- IBM Corporation
- NETSCOUT
- Broadcom
- SolarWinds Worldwide, LLC
- Microsoft
- Paessler AG
- ExtraHop Networks
- Riverbed Technology, Inc.
- ManageEngine
- AppNeta
- ITRS Group Ltd
- Flowmon Networks
- Nokia
- Kentik
- Colasoft

Key market players in the global network monitoring market include established companies such as Cisco Systems, Inc., IBM Corporation, NETSCOUT, Broadcom, SolarWinds Worldwide, LLC, Microsoft, Paessler AG, ExtraHop Networks, Riverbed Technology, Inc., ManageEngine, AppNeta, ITRS Group Ltd, Flowmon Networks, Nokia, Kentik, and Colasoft. These companies offer a range of innovative solutions and services to cater to the growing demand for network monitoring across various industries and regions.

The global network monitoring market is witnessing significant growth due to the increasing adoption of digital transformation strategies by businesses across various sectors. Organizations are increasingly relying on network monitoring solutions to ensure reliable network performance, enhance security, and optimize network resources. The demand for real-time monitoring and analysis of network traffic to detect and mitigate potential security threats is driving the adoption of advanced network monitoring tools and services.

One of the key trends shaping the network monitoring market is the shift towards cloud-based deployment models. With the increasing adoption of cloud services and the rise of remote work environments, organizations are deploying cloud-based network monitoring solutions to monitor and manage their networks effectively. Cloud-based solutions offer scalability, flexibility, and cost-effectiveness, making them an attractive option for organizations of all sizes.

Another trend driving market growth is the rising focus on network performance optimization. As businesses rely heavily on digital technologies to drive their operations, the need for continuous monitoring and optimization of network performance has become paramount. Network monitoring tools equipped with advanced analytics capabilities help organizations identify performance bottlenecks, optimize network resources, and ensure seamless connectivity for users.

Moreover, the increasing complexity of networks due to the proliferation of IoT devices, BYOD policies, and hybrid IT environments is creating a growing need for robust network monitoring solutions. These solutions help organizations gain visibility into their entire network infrastructure, from traditional on-premises systems to cloud-based applications and remote endpoints, enabling them to proactively detect and troubleshoot network issues.

In terms of market competition, key players in the global network monitoring market are continuously investing in research and development activities to introduce innovative solutions and stay ahead of the competition. Strategic partnerships, collaborations, and acquisitions are also common strategies adopted by market players to expand their product portfolios and geographic presence.

Overall, the global network monitoring market is poised for continued growth driven by the increasing complexity of networks, the proliferation of cloud-based deployments, and the growing emphasis on network performance optimization and security. As organizations across industries continue to digitalize their operations, the demand for advanced network monitoring solutions and services is expected to rise, presenting lucrative opportunities for market players to capitalize on the evolving market landscape.The global network monitoring market is highly competitive, with key players continuously striving to innovate and meet the evolving needs of organizations across industries. Cisco Systems, Inc., IBM Corporation, and Microsoft are among the top players in the market, known for their comprehensive network monitoring solutions tailored to various end-user requirements. These market giants leverage their extensive experience and expertise to provide cutting-edge technologies that address the increasing complexity of networks and the growing demand for performance optimization and security.

In addition to established players, emerging companies such as Kentik and ExtraHop Networks are making significant strides in the network monitoring market by offering specialized solutions that cater to specific industry needs or technological trends. Kentik, for instance, focuses on network visibility and analytics, while ExtraHop Networks specializes in real-time network monitoring and threat detection. These niche players bring unique capabilities to the market, contributing to the overall innovation and competitiveness within the industry.

Furthermore, market consolidation through partnerships, acquisitions, and collaborations is a common trend observed among network monitoring companies. Strategic alliances allow companies to combine their strengths and resources to develop comprehensive solutions that address a wide range of network monitoring challenges. For example, the acquisition of NETSCOUT by Broadcom enabled the integration of network performance management solutions with Broadcom's semiconductor expertise, creating a synergistic approach to network monitoring.

As organizations increasingly rely on digital technologies to drive their business operations, the demand for robust network monitoring solutions is expected to surge. The need for real-time monitoring, proactive threat detection, and performance optimization will drive the development of advanced tools and services in the network monitoring market. Market players will need to focus on enhancing their offerings with features such as AI-driven analytics, predictive maintenance capabilities, and integration with cloud platforms to stay competitive in the evolving landscape.

Overall, the global network monitoring market presents significant growth opportunities for both established players and newcomers looking to make a mark in the industry. With technological advancements, changing business requirements, and the continuous evolution of network infrastructures, companies that can adapt quickly and offer innovative solutions will be well-positioned to thrive in this dynamic market environment.

Uncover the company’s portion of market ownership
https://www.databridgemarketresearch.com/reports/global-network-monitoring-market/companies

Structured Market Research Questions for Network Monitoring Market

  • What is the competitive positioning of leading brands?
  • What export regulations affect the Network Monitoring Market?
  • What is the market share by sales channel (retail, online)?
  • How are consumer expectations evolving?
  • What product attributes are most valued?
  • Which regions face supply chain constraints?
  • What funding trends are visible in this Network Monitoring Market?
  • How do regional taxes affect pricing?
  • What are the projected risks in the Network Monitoring Market?
  • What collaborations exist between public and private sectors?
  • What role does influencer marketing play in Network Monitoring Market?
  • How do cultural factors impact Network Monitoring Market trends?
  • How is the resale or second-hand Network Monitoring Market performing?
  • What’s the churn rate in consumer loyalty?

Browse More Reports:

Global Filling Machines Market
Global Fishplate Market
Global Food Grade Butylated Hydroxytoluene Market
Global Free Standing Electrical Height-Adjustable Tables Market
Global Fuel Transfer Pump Market
Global Gangrene Treatment Market
Global Handheld Reference Thermometer Market
Global Hard-Surface Flooring Market
Global Healthcare Information Software Market
Global Hemp Oil in Animal Feed Application Market
Global Herbaceous Legumes Market
Global High Performance Data Analytics Market
Global Hosted Video Surveillance Market
Global Hybrid Fabric Market
Global Hybrid Turbocharger for Marine Engines Market
Global Hydantoin Anticonvulsants Market
Global Immune Thrombocytopenia Market
Global Industrial Gases in Metals and Metal Fabrication Market
Global Infrared Temperature Detector Market
Global Infusion Chairs Market
Global Ink Solvent Market
Global In-Vehicle Computer System Market
Global Laboratory Proficiency Testing Market
Global Lactate Market
Global Laser Diode Controller Market
Global Lincomycin Market
Global Lipase in Animal Feed Market
Global Lymphocytic Choriomeningitis Market
Global Medical Imaging Displays and Post-Processing Software Market
Global Metal and Ceramic Injection Molding Market

About Data Bridge Market Research:

An absolute way to forecast what the future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
Email:- corporatesales@databridgemarketresearch.com