Network Monitoring Market, By Bandwidth (1 & 10 Gbps, 40 Gbps, 100 Gbps), Technology (Ethernet, Fibe

Published Date: May 2020 | Report Code : IT2067932

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Network Monitoring Market, By Bandwidth (1 & 10 Gbps, 40 Gbps, 100 Gbps), Technology (Ethernet, Fiber Optic, and InfiniBand), End User (Enterprises, Telecommunications Industry, Government Organizations, And Cloud Service Providers) And By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting To 2028

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Report Code : IT2067932

Status : Published May 2020

The Global Network Monitoring Market size was valued at USD 6.07 billion in 2019 and is anticipated to grow at a CAGR of 10.6% during the forecast period. The Network Monitoring is use 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.

The global network monitoring market is driven by the increase in demand for constant monitoring of networks and security concerns about the data. Also, increasing demand for constant monitoring due to rise in network complexities and security concerns and increasing need to regulate their traffic and follow the regulations set forth by the authorities are further led the market. However, the accessibility of free-to-use network monitoring tools is expected to hamper the market growth during the forecast period.

Key Factors Impacting the Growth of Network Monitoring Market:

  • Demand for resolve downtime issues in minimal time
  • High demand for the network troubleshooting and improving mean-time-to-repair related network issues
  • Rising demand for the robust network monitoring capabilities to ensure smooth operations of mission-critical network infrastructure

However, the availability of free-to-use network monitoring tools and requirement of massive handling of network monitoring are the factors majorly affect the revenue generation in the global network monitoring market during the forecast period. The network monitoring market segmentation is based on Bandwidth, technology, end user, and region.

Bandwidth Outlook:

Based on bandwidth, the global network monitoring market is divided into 1 & 10 Gbps, 40 Gbps, 100 Gbps. The increasing investments in connectivity infrastructure development, and ongoing 5G network installation all over the world are the major factors expected to result in 100 Gbps bandwidth segment registering the highest growth rate in the global network monitoring market during the forecast period.

Technology Outlook:

Based on technology, the network monitoring market has been segmented into ethernet, fiber optic, and infiniband. In 2019, the ethernet segment is expected to dominate the market with the highest market share owing to its high availability with limited cost. The ethernet provides precise network monitoring at less cost compared to fiber optic and infiniband that expected to increase its demand in the market over the forecast period.

End User Outlook:

Based on end user, the network monitoring market has been segmented into enterprises, telecommunications industry, government organizations, and cloud service providers. The telecommunications industry end user segment is expected to maintain the lead in the global network monitoring market with high penetration and demand for network monitoring compared to other counterparts.

Regional Outlook:

Based on the region, the global network monitoring market has been segmented by North America, Europe, Asia Pacific, Middle East, & Rest of the World. The North America region includes countries like US, Canada, and Mexico. Europe region includes countries like Germany, Russia, UK, France, Italy, Spain, and others. Asia Pacific region includes countries like China, Japan, India, South Korea, Australia, and others. The Middle East & Africa region includes countries like UAE, Saudi Arabia, Qatar, South Africa, and others. South America includes Brazil, Argentina, Colombia, Rest of South America

In terms of revenue, North America holds a leading place in the global Network Monitoring market. This is due to the increasing IT capacity requirements and rising adoption of new data center technologies in this region.

Europe region with continuously increase in cyberattacks across various industry verticals has pressurized enterprises residing and high adoption rate of network monitoring solutions to ensure business safety & security along with enhanced customer service are the factors behind Europe region holing substantial market share in the global Network Monitoring market.

Asia pacific region is expected to register highest growth rate in the global network monitoring market with factors like rising disposable income and an increase in the adoption of IoT & cloud computing technologies all over the region combined with government investments as China announced its five-year economic plan with an estimated USD 400 billion investment in 5G technology.

The report analyzes factors affecting the network monitoring market from both demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain, opportunities and future trends. The report also provides comprehensive Porter’s model analysis on the network monitoring market for all six regions namely; North America, Europe, Asia Pacific, Middle East & Africa and South America.

Competitive Landscape

Major companies operating in the global network monitoring market are strategic mergers and new product developments to expand their portfolio and gain a competitive edge in the global network monitoring market to increase their respective markets shares. The key leading players in the market include Accedian Networks, Inc. Ixia (Keysight), Juniper Networks, Inc., LiveAction, Inc., Logic Monitor, Inc., Colasoft, ExtraHop Networks, Inc., Garland Technology, LLC, Gigamon, Inc.,NETSCOUT Systems, Inc., Apcon, Inc., AppNeta, Inc., Big Switch Networks, Inc., Broadcom, Inc., Cisco Systems, Inc., IBM Corporation, Riverbed Technology, Inc., SevOne, Inc., and Viavi Solutions, Inc., and among others.

This report also includes the profiles of key network monitoring market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Network Monitoring Market:

  • In 2020, one of the leading cyber analytics company, ExtraHop Networks, launched a new Network Detection and Response (NDR) services for the SME industry along with the network performance monitoring analytics service, to help enterprises of all sizes to leverage data-driven insights to monitor enterprise networks efficiently.

 What Does This Report Provide?

This report provides a detailed understanding of the global network monitoring market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

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 Region:

  • North America Network Monitoring Market 
    • By Country (US, Canada, Mexico)
    • By Bandwidth
    • By Technology
    • By End User
  • Europe Network Monitoring Market 
    • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
    • By Bandwidth
    • By Technology
    • By End User
  • Asia Pacific Network Monitoring Market 
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Bandwidth
    • By Technology
    • By End User
  • Middle East & Africa Network Monitoring Market 
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Bandwidth
    • By Technology
    • By End User
  • South America Network Monitoring Market 
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Bandwidth
    • By Technology
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the network monitoring market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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