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Market Research Report

Network Monitoring Market by Offering (Equipment and Solutions & Services), Bandwidth (1 & 10 Gbps, 40 Gbps, 100 Gbps), Technology (Ethernet, Fiber Optic, and InfiniBand), End User (Enterprises, Telecom), and Geography - Global Forecast to 2023

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Network Monitoring Market by Offering (Equipment and Solutions & Services), Bandwidth (1 & 10 Gbps, 40 Gbps, 100 Gbps), Technology (Ethernet, Fiber Optic, and InfiniBand), End User (Enterprises, Telecom), and Geography - Global Forecast to 2023
Published: October 9, 2018 Content info: 126 Pages
Description

"Demand for continuous monitoring due to rise in network complexities and security concerns to drive growth of network monitoring market"

The network monitoring market is expected to reach from USD 1.82 billion in 2018 to USD 2.93 billion by 2023, at a CAGR of 9.9% from 2018 to 2023. The increasing number of enterprises with strict reliability requirements drives the need for network performance monitoring equipment. Network architecture is growing in complexity and application delivery is becoming more time-sensitive. This demands the need for highly reliable, scalable network monitoring equipment. The need for robust network monitoring capabilities to ensure smooth operations of mission-critical network infrastructure and the need to quickly resolve downtime issues drive the growth of the network monitoring equipment market. However, the availability of free network traffic tools restricts the growth of this market.

"Rising concerns for performance monitoring drives network monitoring market for solutions & services"

The market for solutions & services is expected to grow at a higher CAGR from 2018 to 2023. Cross-domain management operations, Software as a Service (SaaS)-based network management market, and performance service level agreements in cloud monitoring are expected to redefine traditional network management. Moreover, increasing network complexity, converging technologies, and growing implementation of virtualization are expected to transform network management technologies, tools, and practices.

"Demand for higher speed drives network monitoring market for 100 Gbps bandwidth"

The market for monitoring equipment with 100 Gbps bandwidth is expected to grow at the highest CAGR during the forecast period. Although data centers across the world are currently running at 10 Gbps, they are shifting steadily toward 40 Gbps using InfiniBand or Ethernet interconnects. However, the need for 100 Gbps bandwidth may be needed sooner rather than later, and it will be a standard in development for enabling the transfer of frames at 100 Gbps.

"Small & medium-sized enterprises largely contribute to growth of network monitoring market"

The market for enterprises is expected to grow at the highest CAGR from 2018 to 2023. The increasing enterprise applications require high-performance connectivity, constant uptime, high throughput, and high reliability to manage a vast amount of data. To address these requirements, network monitoring is being adopted in enterprises. Large enterprises across different industries have been increasingly adopting digitization to improve their business processes.

"Increasing number of small and medium-sized enterprises and growing adoption of digital technologies in APAC drive network monitoring market in this region"

The market in APAC is expected to grow at the highest CAGR from 2018 to 2023. Also, the increasing number of small and medium-sized enterprises and growing adoption of digital technologies further drive the demand for network monitoring. Moreover, the increasing penetration of the Internet and growing population of internet users in the region create a huge volume of data, which, in turn, drive the demand for cloud-based services. All these parameters generate the need for high performing switching solutions across the network infrastructure in data centers.

The breakup of the profile of primary participants has been given below:

  • By Company Type: Tier 1 = 30 %, Tier 2 = 45%, and Tier 3 = 25%
  • By Designation: C-Level Executives = 35%, Directors = 45%, and Others = 20%
  • By Region: North America = 40%, Europe = 30%, APAC = 20%, and RoW = 10%

Gigamon (US), NetScout Systems, (NetScout) (US), Ixia (US), VIAVI Solutions (Viavi) (US), APCON (US), and Garland Technology (US) are among the leading companies in the network monitoring market. Also, a few major companies, namely, Broadcom (US), Juniper Networks (US), Big Switch Networks (US), Zenoss (US), Network Critical (UK), Corvil (Ireland), CALIENT Technologies (US), Netgear (US), and Motadata (US) have also been profiled in the report.

Research Coverage:

The network monitoring market has been segmented by offering, bandwidth, technology, end user, and geography. The market, by offering, has been further segmented into equipment, and solutions & services. Based on bandwidth, the network monitoring market has been segmented into 1 & 10 Gbps, 40 Gbps, and 100 Gbps. Based on technology, the market has been segmented into Ethernet, fiber optic, and InfiniBand. The network monitoring market, by end user, has been divided into enterprises, government organizations, telecommunications industry, and cloud service providers. Based on geography, the market has been segmented into the Americas, Europe, APAC, and RoW.

Reasons to Buy the Report:

The report would help the market leaders/new entrants in this market in the following ways:

  • This report segments the network monitoring market comprehensively and provides the closest approximations of the sizes of the overall market and subsegments for different applications and across various regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities pertaining to the market.
Table of Contents
Product Code: SE 6657

TABLE OF CONTENTS

1. INTRODUCTION

  • 1.1. STUDY OBJECTIVES
  • 1.2. DEFINITION
  • 1.3. STUDY SCOPE
    • 1.3.1. MARKETS COVERED
    • 1.3.2. BY GEOGRAPHY
    • 1.3.3. YEARS CONSIDERED
  • 1.4. CURRENCY
  • 1.5. PACKAGE SIZE
  • 1.6. LIMITATIONS
  • 1.7. STAKEHOLDERS

2. RESEARCH METHODOLOGY

  • 2.1. RESEARCH DATA
    • 2.1.1. SECONDARY DATA
      • 2.1.1.1. Key data from secondary sources
    • 2.1.2. PRIMARY DATA
      • 2.1.2.1. Key data from primary sources
      • 2.1.2.2. Key industry insights
      • 2.1.2.3. Breakdown of primaries
  • 2.2. MARKET SIZE ESTIMATION
    • 2.2.1. BOTTOM-UP APPROACH
    • 2.2.2. TOP-DOWN APPROACH
  • 2.3. DATA TRIANGULATION
  • 2.4. RESEARCH ASSUMPTIONS

3. EXECUTIVE SUMMARY

4. PREMIUM INSIGHTS

  • 4.1. NETWORK MONITORING MARKET OPPORTUNITIES
  • 4.2. NETWORK MONITORING MARKET, BY BANDWIDTH, 2015-2023(USD MILLION)
  • 4.3. NETWORK MONITORING MARKET, BY END USER AND GEOGRAPHY, 2018
  • 4.4. GEOGRAPHIC SNAPSHOT OF NETWORK MONITORING MARKET

5. MARKET OVERVIEW

  • 5.1. INTRODUCTION
  • 5.2. MARKET DYNAMICS
    • 5.2.1. DRIVERS
      • 5.2.1.1. Need for robust network monitoring capabilities to ensure smooth operations of mission-critical network infrastructure
      • 5.2.1.2. Need to quickly resolve downtime issues
      • 5.2.1.3. Demand for continuous monitoring due to rise in network complexities and security concerns
    • 5.2.2. RESTRAINTS
      • 5.2.2.1. Availability of free network traffic tools
    • 5.2.3. OPPORTUNITIES
      • 5.2.3.1. Optimizing business operations through network management tools
      • 5.2.3.2. Underlying opportunities in small and medium-sized enterprises
      • 5.2.3.3. Growing software-defined networking market
    • 5.2.4. CHALLENGES
      • 5.2.4.1. Handling massive network performance data

6. NETWORK MONITORING MARKET, BY OFFERING

  • 6.1. INTRODUCTION
  • 6.2. NETWORK TAP
  • 6.3. DATA MONITORING SWITCH

7. NETWORK MONITORING MARKET, BY BANDWIDTH

  • 7.1. INTRODUCTION
  • 7.2. 1. & 10 GBPS
  • 7.3. 40 GBPS
  • 7.4. 100 GBPS

8. NETWORK MONITORING MARKET, BY TECHNOLOGY

  • 8.1. INTRODUCTION
  • 8.2. ETHERNET
  • 8.3. FIBER OPTIC
  • 8.4. INFIBAND

9. NETWORK MONITORING MARKET, BY END USER INDUSTRY

  • 9.1. INTRODUCTION
  • 9.2. ENTERPRISES
  • 9.3. TELECOMMUNICATIONS INDUSTRY
  • 9.4. GOVERNMENT ORGANIZATIONS
  • 9.5. CLOUD SERVICE PROVIDERS

10. GEOGRAPHIC ANALYSIS

  • 10.1. INTRODUCTION
  • 10.2. NORTH AMERICA
    • 10.2.1. US
    • 10.2.2. CANADA
    • 10.2.3. MEXICO
  • 10.3. EUROPE
    • 10.3.1. UK
    • 10.3.2. GERMANY
    • 10.3.3. ITALY
    • 10.3.4. FRANCE
    • 10.3.5. REST OF EUROPE
  • 10.4. APAC
    • 10.4.1. CHINA
    • 10.4.2. JAPAN
    • 10.4.3. INDIA
    • 10.4.4. REST OF APAC
  • 10.5. ROW
    • 10.5.1. MIDDLE EAST AND AFRICA
    • 10.5.2. SOUTH AMERICA

11. COMPETITIVE LANDSCAPE

  • 11.1. OVERVIEW
  • 11.2. MARKET RANKING ANALYSIS FOR NETWORK MONITORING MARKET
  • 11.3. COMPETITIVE SCENARIO
    • 11.3.1. PRODUCT LAUNCHES
    • 11.3.2. PARTNERSHIPS, CONTRACTS, AGREEMENTS, AND COLLABORATIONS
    • 11.3.3. EXPANSION

12. COMPANY PROFILES (Business Overview, Products & Services/ Solutions/ Software Offered, Recent Developments, SWOT Analysis, and MnM View)*

  • 12.1. KEY PLAYERS
    • 12.1.1. GIGAMON
    • 12.1.2. NETSCOUT
    • 12.1.3. IXIA
    • 12.1.4. VIAVI
    • 12.1.5. APCON
    • 12.1.6. GARLAND TECHNOLOGY
    • 12.1.7. JUNIPER NETWORKS, INC.
    • 12.1.8. CISCO
    • 12.1.9. BROADCOM
    • 12.1.10. BIG SWITCH NETWORKS
    • 12.1.11. ZENOSS
  • 12.2. OTHER PLAYERS
    • 12.2.1. NETWORK CRITICAL
    • 12.2.2. CORVIL
    • 12.2.3. CALIENT
    • 12.2.4. NETGEAR
    • 12.2.5. MOTADATA

*Details on Business Overview, Products & Services/ Solutions/ Software Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

13. APPENDIX

  • 13.1. INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2. DISCUSSION GUIDE
  • 13.3. KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 13.4. AVAILABLE CUSTOMIZATIONS
  • 13.5. RELATED REPORTS
  • 13.6. AUTHOR DETAILS

LIST OF TABLES

  • TABLE 1: NETWORK MONITORING MARKET, BY OFFERING, 2015-2023 (USD MILLION)
  • TABLE 2: NETWORK MONITORING MARKET, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 3: NETWORK MONITORING MARKET FOR NETWORK TAP, BY TYPE, 2015-2023 (USD MILLION)
  • TABLE 4: NETWORK MONITORING MARKET FOR NETWORK TAP, BY TECHNOLOGY, 2015-2023 (USD MILLION)
  • TABLE 5: NETWORK MONITORING MARKET FOR NETWORK TAP, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 6: NETWORK MONITORING MARKET FOR DATA MONITORING SWITCH, BY TECHNOLOGY, 2015-2023 (USD MILLION)
  • TABLE 7: NETWORK MONITORING MARKET FOR DATA MONITORING SWITCH, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 8: NETWORK MONITORING EQUIPMENT MARKET, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 9: NETWORK MONITORING MARKET FOR 1 & 10 GBPS BANDWIDTH EQUIPMENT, BY TECHNOLOGY, 2015-2023 (USD MILLION)
  • TABLE 10: NETWORK MONITORING MARKET FOR 40 GBPS BANDWIDTH EQUIPMENT, BY TECHNOLOGY, 2015-2023 (USD MILLION)
  • TABLE 11: NETWORK MONITORING MARKET FOR 100 GBPS BANDWIDTH EQUIPMENT, BY TECHNOLOGY, 2015-2023 (USD MILLION)
  • TABLE 12: NETWORK MONITORING MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)
  • TABLE 13: NETWORK MONITORING MAREKT FOR ETHERNET, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 14: NETWORK MONITORING MARKET FOR ETHERNET, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 15: NETWORK MONITORING MARKET FOR FIBER OPTIC, BY TYPE, 2015-2023 (USD MILLION)
  • TABLE 16: NETWORK MONITORING MARKET FOR FIBER OPTIC, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 17: NETWORK MONITORING MARKET FOR FIBER OPTIC, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 18: NETWORK MONITORING MARKET FOR INFINIBAND, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 19: NETWORK MONITORING MARKET FOR INFINIBAND, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 20: NETWORK MONITORING MARKET, BY END USER, 2015-2023 (USD MILLION)
  • TABLE 21: NETWORK MONITORING MARKET FOR ENTERPRISES, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 22: NETWORK MONITORING MARKET FOR ENTERPRISES, BY SIZE, 2015-2023 (USD MILLION)
  • TABLE 23: NETWORK MONITORING MARKET FOR ENTERPRISES, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 24: NETWORK MONITORING MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 25: NETWORK MONITORING MARKET FOR LARGE ENTERPRISES, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 26: NETWORK MONITORING MARKET IN NORTH AMERICA FOR ENTERPRISES, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 27: NETWORK MONITORING MARKET IN EUROPE FOR ENTERPRISES, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 28: NETWORK MONITORING MARKET IN APAC FOR ENTERPRISES, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 29: NETWORK MONITORING MARKET IN ROW FOR ENTERPRISES, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 30: NETWORK MONITORING MARKET IN NORTH AMERICA FOR TELECOMMUNICATIONS INDUSTRY, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 31: NETWORK MONITORING MARKET FOR TELECOMMUNICATIONS INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 32: NETWORK MONITORING MARKET IN NORTH AMERICA FOR TELECOMMUNICATIONS INDUSTRY, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 33: NETWORK MONITORING MARKET IN EUROPE FOR TELECOMMUNICATIONS INDUSTRY, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 34: NETWORK MONITORING MARKET IN APAC FOR TELECOMMUNICATIONS INDUSTRY, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 35: NETWORK MONITORING MARKET IN ROW FOR TELECOMMUNICATIONS INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 36: NETWORK MONITORING MARKET FOR GOVERNMENT ORGANIZATIONS, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 37: NETWORK MONITORING MARKET FOR GOVERNMENT ORGANIZATIONS, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 38: NETWORK MONITORING MARKET IN NORTH AMERICA FOR GOVERNMENT ORGANIZATIONS, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 39: NETWORK MONITORING MARKET IN EUROPE FOR GOVERNMENT ORGANIZATIONS, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 40: NETWORK MONITORING MARKET IN APAC FOR GOVERNMENT ORGANIZATIONS, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 41: NETWORK MONITORING MARKET IN ROW FOR GOVERNMENT ORGANIZATIONS, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 42: NETWORK MONITORING MARKET FOR CLOUD SERVICE PROVIDERS, BY BANDWIDTH, 2015-2023 (USD MILLION)
  • TABLE 43: NETWORK MONITORING MARKET FOR CLOUD SERVICE PROVIDERS, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 44: NETWORK MONITORING MARKET IN NORTH AMERICA FOR CLOUD SERVICE PROVIDERS, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 45: NETWORK MONITORING MARKET IN EUROPE FOR CLOUD SERVICE PROVIDERS, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 46: NETWORK MONITORING MARKET IN APAC FOR CLOUD SERVICE PROVIDERS, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 47: NETWORK MONITORING MARKET IN ROW FOR CLOUD SERVICE PROVIDERS, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 48: NETWORK MONITORING MARKET, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 49: NETWORK MONITORING MARKET IN NORTH AMERICA, BY END USER, 2015-2023 (USD MILLION)
  • TABLE 50: NETWORK MONITORING MARKET IN NORTH AMERICA, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 51: NETWORK MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 52: NETWORK MONITORING MARKET IN EUROPE, BY END USER, 2015-2023 (USD MILLION)
  • TABLE 53: NETWORK MONITORING MARKET IN EUROPE, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 54: NETWORK MONITORING MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 55: NETWORK MONITORING MARKET IN APAC, BY END USER, 2015-2023 (USD MILLION)
  • TABLE 56: NETWORK MONITORING MARKET IN APAC, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 57: NETWORK MONITORING MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
  • TABLE 58: NETWORK MONITORING MARKET IN ROW, BY END USER, 2015-2023 (USD MILLION)
  • TABLE 59: NETWORK MONITORING MARKET IN ROW, BY EQUIPMENT, 2015-2023 (USD MILLION)
  • TABLE 60: NETWORK MONITORING MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION)
  • TABLE 61: RANKING ANALYSIS OF TOP 5 COMPANIES IN NETWORK MONITORING MARKET, 2018
  • TABLE 62: PRODUCT DEVELOPMENTS, 2016-2018
  • TABLE 63: PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, CONTRACTS, AND JOINT VENTURES, 2017-2018
  • TABLE 64: EXPANSION, 2018

LIST OF FIGURES

  • FIGURE 1: NETWORK MONITORING MARKET
  • FIGURE 2: NETWORK MONITORING MARKET: RESEARCH DESIGN
  • FIGURE 3: PROCESS FLOW OF MARKET SIZE ESTIMATION
  • FIGURE 4: DATA TRIANGULATIONS
  • FIGURE 5: SOLUTIONS & SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 6: 100 GBPS BANDWITH EQUIPMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 7: INFINIBAND TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 8: ENTERPRISES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 9: NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2018
  • FIGURE 10: NETWORK MONITORING MARKET TO PROVIDE ATTRACTIVE GROWTH OPPORTUNITIES DURING FORECAST PERIOD
  • FIGURE 11: MARKET FOR MONITORING EQUIPMENT WITH 100 GBPS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 12: ENTERPRISES ARE LIKELY TO HOLD LARGEST SHARE AMONG TOP 3 END USERS OF NETWORK MONITORING MARKET IN 2018
  • FIGURE 13: CHINA TO GROW AT HIGHEST CAGR FOR NETWORK MONITORING MARKET
  • FIGURE 14: NETWORK MONITORING MARKET: MARKET DYNAMICS
  • FIGURE 15: SOLUTIONS & SERVICES TO DOMINATE NETWORK MONITORING MARKET DURING FORECAST PERIOD
  • FIGURE 16: 100 GBPS BANDWIDTH EQUIPMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 17: INFINIBAND TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 18: NETWORK MONITORING MARKET FOR INFINIBAND TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 19: ENTERPRISES TO DOMINATE NETWORK MONITORING MARKET DURING FORECAST PERIOD
  • FIGURE 20: US TO DOMINATE NETWORK MONITORING MARKET IN NORTH AMERICA FOR ENTERPRISES DURING FORECAST PERIOD
  • FIGURE 21: CHINA TO DOMINATE NETWORK MONITORING MARKET FOR TELECOMMUNICATIONS INDUSTRY DURING FORECAST PERIOD
  • FIGURE 22: NETWORK MONITORING MARKET IN APAC FOR CLOUD SERVICE PROVIDERS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 23: GEOGRAPHIC SNAPSHOT: CHINA EMERGING AS HIGH-POTENTIAL MARKETS (2018-2023)
  • FIGURE 24: NORTH AMERICA: SNAPSHOT OF NETWORK MONITORING MARKET
  • FIGURE 25: EUROPE: SNAPSHOT OF NETWORK MONITORING MARKET
  • FIGURE 26: APAC: SNAPSHOT OF NETWORK MONITORING MARKET
  • FIGURE 27: TOP COMPANIES ADOPTED PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGY FROM 2016 TO 2018
  • FIGURE 28: GIGAMON: COMPANY SNAPSHOT
  • FIGURE 29: NETSCOUT: COMPANY SNAPSHOT
  • FIGURE 30: IXIA: COMPANY SNAPSHOT
  • FIGURE 31: VIAVI SOLUTIONS: COMPANY SNAPSHOT
  • FIGURE 32: JUNIPER NETWORKS: COMPANY SNAPSHOT
  • FIGURE 33: CISCO: COMPANY SNAPSHOT
  • FIGURE 34: BROADCOM: COMPANY SNAPSHOT
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