A MarketsandMarketsTM research report predicts that the Network Monitoring Market will grow rapidly over the next several years. The market is anticipated to grow at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2027, reaching USD 3.0 billion. This expansion, estimated at USD 2.2 billion in 2022, can be attributable to a number of variables, including rising network security and performance optimisation demand, technological developments in monitoring systems, and the complexity of network infrastructure. The network monitoring market is anticipated to grow as organisations place a higher priority on effective network administration and cybersecurity, creating attractive prospects for market participants over the projected period.

Several important reasons are pointing to growth in the network monitoring market. To ensure the efficient running of these services, the rising demand for cloud services has increased the need for reliable network monitoring solutions. Additionally, the market is expanding as a result of the soaring need for robust network monitoring solutions that can swiftly locate and fix downtime problems. Continuous monitoring has become essential to maintaining optimal performance and addressing security issues as networks become increasingly sophisticated. The network monitoring market is anticipated to grow significantly over the next few years as businesses increasingly realise how crucial it is to maintain network connectivity and how necessary it is to reduce potential dangers.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51888593

Network monitoring market for enterprises segment is expected to hold largest share from 2022 to 2027

From 2022 to 2027, the enterprise segment is anticipated to hold the biggest market share for network monitoring. It already controlled a sizeable percentage of the market in 2021, and this dominance is anticipated to persist throughout the projected period. To efficiently handle and analyse massive amounts of data, advanced enterprise applications require high-performance connectivity, continuous uptime, high throughput, and dependable network infrastructure. Enterprises are increasingly implementing network monitoring solutions to satisfy these demands in order to guarantee optimum network performance, reduce downtime, and improve overall operational efficiency. As a result, it is anticipated that in the years to come, the enterprise segment will continue to hold the top spot in the market for network monitoring.

Software & Services to dominate network monitoring market during forecast period

The software and services segment is predicted to rule the network monitoring market during the forecast period. In 2021, this market segment already had a sizable proportion, and it is anticipated that this tendency will continue. Traditional network management techniques are about to change due to the introduction of cross-domain management operations, the rise of Software as a Service (SaaS)-based network management, and the deployment of performance service level agreements in cloud monitoring. A fundamental shift is taking place in network management technologies, tools, and practises as a result of the increased complexity of networks, technological convergence, and acceptance of virtualization. As a result, the software and services segment is well-positioned to dominate the network monitoring market by meeting the constantly changing demands of organisations for efficient network management.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/network-monitoring-market-51888593.html

Network monitoring market for InfiniBand technology to witness highest CAGR during forecast period

The market for InfiniBand network monitoring is anticipated to grow at the greatest Compound Annual Growth Rate (CAGR) during the anticipated time frame. To meet the demand for high bandwidth, low latency computation, effective storage, and management via a single fabric, InfiniBand-based network monitoring equipment is being adopted more frequently. For enterprises looking to optimise their IT infrastructure, infiniBand technology delivers greater performance, reduced complexity, high interconnect efficiency, and dependable connections. InfiniBand meets the needs of markets that require high bandwidth, dependability, and Quality of Service (QoS), such as inter-tier communication, application clustering, inter-processor communication, and storage area networks, with excellent latency performance and support for connections up to 120 Gbps.

North America held significant share of network monitoring market in 2021 and is expected to follow the trend by 2027

In the market for network monitoring, North America continued to hold a sizable market share in 2021, and this pattern is anticipated to hold throughout the forecast period. The dominance of the region can be ascribed to the expansion of data centre technology adoption and the growing need for IT capacity. As more businesses choose cloud services over building new data centres for business continuity, the US economy in particular is expected to develop significantly. The market's expansion is further aided by the presence of big US businesses like Amazon Web Services (AWS) and Microsoft as well as international cloud service providers.

Key players in the network monitoring market include Gigamon (US), NETSCOUT (US), Keysight Technologies (US), Viavi, APCON (US), and Garland Technology (US), Cisco (US), Broadcom (US), Arista Networks (US), Juniper Networks, Inc. (US), Zenoss (US) are among the leading companies in the network monitoring market. Apart from these, Network Critical (UK), CALIENT Technologies (CALIENT) (US), Netgear (US), Motadata (US), Riverbed Technology (US), Accedian Networks (US), Datadog (US), Kentik (US), Auvik Networks (Canada), LogicMonitor (US) and Paessler (Germany) are among a few emerging companies in the network monitoring market.

News Covered:

https://www.globenewswire.com/en/news-release/2022/07/05/2474122/0/en/Network-Monitoring-Market-worth-3-0-billion-by-2027-Exclusive-Report-by-MarketsandMarkets.html

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com