About Network Monitoring
Network monitoring is the employment of an observing system that monitors the computer networks for failure and theft of data is being carried out and gives a notification to the administrator of the network for the same. These monitoring systems observe large amounts of data constantly and filter through for any anomalies if present. rising demand For Continuous Monitoring because of growth in network complexities and security concerns and increasing demands highly reliable, and scalable network monitoring equipment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 10.6% |
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 Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Network Monitoring market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Deep Software (Canada), Cisco Systems (United States), Broadcom (United States), Juniper Networks Inc. (United States), Big Switch Networks Inc. (United States), Zenoss Inc. (United States), Webroot (United States), Netreo, Inc. (United States), Black Duck (United States), VictorOps (United States), Network Critical (United Kingdom), Corvil (Ireland), EventTracker (United States), Gigamon, Inc. (United States), NETSCOUT (United States), Ixia (United States), VIAVI Solutions Inc. (United States) and APCON, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are .Garland Technology, LLC (United States), CALIENT Technologies (United States), NETGEAR (United States) and Mindarray Systems Pvt. Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Network Monitoring market by and Region.
On the basis of geography, the market of Network Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Ethernet will boost the Network Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Bandwidth, the sub-segment i.e. 1-10 GBPS will boost the Network Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Equipment [Monitoring Switches, Bypass Switches, Others] will boost the Network Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Enterprises will boost the Network Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increase in Demand for Constant Monitoring of Networks due to Increasing Security concerns about the Data and Increasing Customer Requirements and Increased Network Security Breaches
Market Growth Drivers:
Major Industries Employ Network Monitoring Services to Regulate their Traffic and Follow the Regulations Set Forth by the Authorities and The Rising Dependency of Various Business Entities on High-Speed Internet Connectivity
Challenges:
Availability of Free-to-Use Network Monitoring Tools
Restraints:
The Efficiency of Work is Affected due to the Massive Handling of Network Monitoring
Opportunities:
Increasing Penetration of New Business Applications and Rapid Changes in IT Architecture and Optimizing Business Operations Over Network Organization Tools
Market Leaders and their expansionary development strategies
In Janaury 2023, Auxis, a leading management consulting and nearshore outsourcing firm, is pleased to announce the addition of LogicMonitor’s next-gen solution, LM Envision, to its IT managed services portfolio. As a provider of the leading cloud-based observability platform on the market, LogicMonitor delivers a unified, real-time, intelligent view into all the traffic in a network – supercharging Auxis’ already-stellar ability to keep pace with the speed, flexibility, and scalability of today’s hybrid IT environments and ensure high performance and availability for mission-critical systems and services.
In March 2024, Kubecost, a Kubernetes cost monitoring and management solution, recently announced the launch of Kubecost 2.0. This is a major upgrade that brings many new features to help organizations better monitor, manage, and optimize their Kubernetes-related cloud expenses. New features include advanced network monitoring, a new automation workflow system, improved cost forecasting powered by machine learning, and a high-performance API backend
Key Target Audience
Network Monitoring Service Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.