Market Overview:
Network performance monitoring is used for evaluating the network for business enterprises. The network monitoring tools are used for monitoring software and networks such as cloud, big data, SDN, and others. Technological advancement in network performance monitoring and increasing demand from the developing economies propelling market growth. Further, the rising demand for network performance monitoring for small and medium enterprises expected to drive the demand for network performance monitoring market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Cisco Systems, Inc. (United States), IBM Corporation. (United States), Viavi Solutions Inc. (United States), Hewlett Packard Enterprise (United States), CA Technologies (United States), Gigamon (United States), Ixia (United States), APCON (United States), Garland Technology (United States), Broadcom (United States), Juniper Networks (United States), Big Switch Networks (United States) and Zenoss (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Network Performance Monitoring Market Study:
Cisco Systems, Inc. (United States), IBM Corporation. (United States), Viavi Solutions Inc. (United States), Hewlett Packard Enterprise (United States), CA Technologies (United States), Gigamon (United States), Ixia (United States), APCON (United States), Garland Technology (United States), Broadcom (United States), Juniper Networks (United States), Big Switch Networks (United States) and Zenoss (United States)
Network Performance Monitoring Market Segment Analysis
Scope | Sub-Segments |
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Industry Vertical | BSFI,IT and Telecommunications,Transportation and Logistics,Manufacturing,Government and Defence,E-commerce,Healthcare,Energy and Utilities,Retail,Media and Entertainment,Others |
Solutions | Hardware,Software,Consulting Service |
End-user | Small and Medium Enterprises,Large Enterprises |
Influencing Trend:
Technological Advancement in the Network Performance Monitoring and Focus On Business Process Automation with Network Performance Monitoring Tool
Market Growth Drivers:
Integration of Network Performance Monitoring With Big Data and Cloud Networks and Increasing Demand from the Small and Medium Enterprises
Challenges:
Limited Spending For the IT Department in the Low and Middle Income Group Countries
Restraints:
Stringent Government Regulations Regarding Data Safety & Security and High Cost Associated with Network Performance Monitoring
Opportunities:
Increasing Demand for Real-Time Monitoring Network Performance Tools, Growth in IT Infratstrure in the Emerging Economies and Rising Demand from the Developing Economies
Some of the other players that are also part of study are Network Critical (United Kingdom), Corvil (Ireland), CALIENT Technologies (United States), Netgear (United States) and Motadata (United States). The Global Network Performance Monitoring market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In June 2023, Spirent Communications plc has announced the availability of its new over-the-air (OTA) performance monitoring solution designed to bring the network edge into the complete end-to-end test and monitoring landscape. The Spirent Mobile Test Platform (MTP) is a simple-to-deploy small form factor solution that provides extensive edge service monitoring and full remote management.
In January 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.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Network Performance Monitoring market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Network Performance Monitoring market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Software/Hardware/Service and Solution Providers, Technology Support Providers, Network Performance Monitoring, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, System Integrators, Technology Standards Organizations, Technology Investors and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.