The article cited AMA's "Global Network Traffic Monitoring Market Study" explored substantial growth in North America and CAGR of 10.6%. According to the report, The Increase in demand for Constant Monitoring of Networks due to Increasing Security Concerns about the Data
is one of the primary growth factors for the market. Major Industries Employ Network Monitoring Services to Regulate their Traffic and Follow the Regulations Set Forth by the Authorities is also expected to contribute significantly to the Network Traffic Monitoring market. Overall, applications of Network Traffic Monitoring, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Ethernet, is boosting the Network Traffic Monitoring market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Bandwidth, such as 1-10 GBPS, is boosting the Network Traffic Monitoring market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Offering , such as Equipment, is boosting the Network Traffic Monitoring market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Enterprises, is boosting the Network Traffic Monitoring market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Network Traffic Monitoring market identified that the demand is rising in many different parts of the world as "Technological Advancements in Communication and Network Infrastructures
". Furthermore, some recent industry insights like "In February 2023, Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, today announced the launch of SANDSTORM, a groundbreaking remote real-time network monitoring and smart device assurance service for telcos and enterprises. SANDSTORM is a cutting-edge solution that allows service providers to remotely measure customer experiences on any device, from smartphones, tablets, VR headsets, smart TVs, to connected cars." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Network Traffic Monitoring market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Network Traffic Monitoring market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Network Traffic Monitoring market size is calculated using market estimation process, the Network Traffic Monitoring market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Network Traffic Monitoring market size has been validated using both top-down and bottom-up approaches.