PUBLISHER: Polaris Market Research | PRODUCT CODE: 1175519
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1175519
The global network monitoring market size is expected to reach USD 3.8 billion by 2030, according to a new study by Polaris Market Research. The report "Network Monitoring Market Share, Size, Trends, Industry Analysis Report, By Offering (Equipment, Software & Services); By Bandwidth (1&10 Gbps, 40 Gbps, 100 Gbps); By End-Use (First-Party, Liability Coverage); By Technology (Ethernet, Fiber Optic, InfiniBand); By Region; Segment Forecast, 2022-2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
As more corporate operations go online, businesses must upgrade their networks to provide bandwidth and new capabilities. In addition to managing standard IT applications, networks are increasingly required to offer a variety of commercial services, such as video conferencing and telephony, which require additional network capacity. The introduction of new services to shared network infrastructure also requires the addition of IP virtualization features, multicasting protocols, and autoconfiguration protocols for new endpoint devices.
The costs of fines, compliances, repairs to hardware and software, and third-party increasing the network's overall productivity are also crucial. The firms that provide network equipment are working to provide a completely redundant network from beginning to end, but this is frequently not practicable. This could result from architectural restrictions, a lack of physical redundancy, or budgetary constraints that prevent a fully redundant strategy.
Network issues, server outages, service outages, and application breakdowns can substantially jeopardize a company's ability to continue operating and result in losses of thousands of dollars in revenue and productivity. Therefore, by resolving errors before they become a problem, one can improve service and save money using network monitoring tools.
A larger market share for network monitoring tools is projected for the Asia Pacific over the forecast period. This is due to the region's rapid digitization and IT infrastructure development. China is the region's largest market, and SMEs are using network monitoring solutions at a rising rate to provide dependable, secure, and effective operational environments.
Network Monitoring Market Report Highlights
InfiniBand accounted for a major global revenue share. High bandwidth RAS features, including inter-tier communication, clustering, and processor communication, with huge storage areas.
In North America, the market is expected to grow significantly during the projected period. In the US, the market for cloud services is expected to gain traction as more organizations opt to use cloud services to save on the upfront cost of building new data centers.
There are several companies in the global market, including VIAVI Solutions, APCON, NetScout Systems, Gigamon, Garland Technology, Big Switch Networks, Keysight Technologies, Garland Technology, Cisco, Broadcom, Arista Networks, Juniper Networks, Inc., Zenoss, Network Critical, CALIENT, Netgear, LogicMonitor, Riverbed Technology, Accedian Networks, ManageEngine, LiveAction, Auvik Networks, Flowmon Networks, AppNeta, Zabbix Juniper Networks, Broadcom, Network Critical.
Polaris Market Research has segmented the network monitoring market report based on offering, bandwidth, end-use, technology, and region:
Network Monitoring, Offering Outlook (Revenue - USD Billion, 2018 - 2030)
Equipment
Software
Services
Network Monitoring, Bandwidth Type Outlook (Revenue - USD Billion, 2018 - 2030)
1&10 Gbps
40 Gbps
100 Gbps
Network Monitoring, Technology Type Outlook (Revenue - USD Billion, 2018 - 2030)
Ethernet
Fiber Optic
InfiniBand
Network Monitoring, End-use Outlook (Revenue - USD Billion, 2018 - 2030)
Telecommunications Industry
Enterprises
Government Organizations
Cloud Service Providers
Others
Network Monitoring Market, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Network Monitoring Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up End-use
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Offering
Figure 7. Global Network Monitoring Market, by Offering, 2021 & 2030 (USD Billion)
Figure 8. Market by End-use
Figure 9. Global Network Monitoring Market, by End-use, 2021 & 2030 (USD Billion)
Figure 10. Market by Bandwidth
Figure 11. Global Network Monitoring Market, by Bandwidth, 2021 & 2030 (USD Billion)
Figure 12. Market by Technology
Figure 13. Global Network Monitoring Market, by Technology, 2021 & 2030 (USD Billion)
Figure 14. Network Monitoring Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 15. Strategic Analysis - Network Monitoring Market