Global Network Monitoring Market, By Offering (Equipment, Solutions & Services), By Bandwidth (1-10 GBPS, 40 GBPS, 100 GBPS), By Technology (Ethernet, Fiber Optic, InfiniBand), By End-User (Enterprises, Telecommunications Industry, Government Organizations, Cloud Service Providers), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Market Analysis: Global Network Monitoring Market
The Global network monitoring market is expected to rise from its initial estimated value of USD 1.83 billion in 2018 to an estimated value of USD 3.86 billion by 2026, registering a CAGR of 9.75% in the forecast period of 2019-2026. This rising trend can be attributed to the need for monitoring of networks amidst the growing concerns of database safety.
Market Definition: Global Network Monitoring Market
Network monitoring is the employment of an observing system that monitors the computer networks for failure and theft of data, if being carried out and gives a notification to the administrator of network for the same. These monitoring systems observe large amounts of data constantly, and filter through for any anomalies, if present.
- Major industries employ network monitoring services to regulate their traffic and follow the regulations set forth by the authorities
- The increase in demand for constant monitoring of networks due to increasing security concerns about the data is also driving the market growth
- Market is majorly restrained due to the availability of free-to-use network monitoring tools
- Efficiency of work is affected due to the massive handling of network monitoring which acts as a major restraint for the market growth
Segmentation: Global Network Monitoring Market
- By Offering
- Solutions & Services
- By Bandwidth
- 1-10 GBPS
- 40 GBPS
- 100 GBPS
- By Technology
- Fiber Optic
- By End-User
- Telecommunications Industry
- Government Organizations
- Cloud Service Providers
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Competitive Analysis: Global Network Monitoring Market
The global network monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Network Monitoring Market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Network Monitoring Market
Few of the major competitors currently working in the network monitoring market are Gigamon, NETSCOUT, Ixia, VIAVI Solutions Inc., APCON, Garland Technology, Broadcom, Juniper Networks Inc., Big Switch Networks Inc., Zenoss Inc., Network Critical, Corvil, CALIENT Technologies, NETGEAR, Mindarray Systems Pvt. Ltd., and Cisco.
Research Methodology: Global Network Monitoring Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved