Network monitoring market is anticipated to grow at a significant CAGR of around 10.2% during the forecast period. The market is expected to grow during the forecast period due to rising demand for network complexities and security concerns. The rapid adoption of digital transformation makes both network and security more complex. There are many cases in which organizations did not know they had been hacked for months, and network monitoring could easily aid to avoid that situation. For instance, in March 2021, Procentec launched a new range of total security network monitoring products to protect industrial networks from both external attacks and internal threats like simple mistakes or intentional sabotage.
The COVID-19 pandemic has a low impact on the growth of the global network monitoring market since the government and private sectors in emerging countries are working together to speed up the development of networks. Furthermore, due to COVID-19 Pandemic, most of the businesses were dependent to operate their work from their native places. The digital transformation of businesses has become the key factor in the growing network monitoring market. However, during the lockdown, the maintenance of the network monitoring stations and micro towers get obstructed due to the temporarily shut down of the manufacturing unit of auxiliary equipment of micro towers significantly.
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Network Monitoring Market Segmentation
By Network Speed
- 1-10 Gbps
- 40 Gbps
- 100 Gbps
- 400 Gbps
By Technology
- Ethernet
- Fiber Optic
- Infiniband
By End-User
- Enterprises
- Telecommunication Service Providers
- Government Organizations
- Cloud Service Providers
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Accedian Networks
- APCON, Inc.
- Arista Networks, Inc.
- Broadcom, Inc.
- Cisco Systems, Inc.
- Colasoft
- ExtraHop Networks, Inc.
- Garland Technology LLC
- Gigamon Inc.
- Juniper Networks, Inc.
- Keysight Technologies, Inc.
- LiveAction, Inc.
- LogicMonitor Inc.
- NetScout Systems, Inc.
- Network Critical.
- Pico Quantitative Trading LLC
- Riverbed Technology, Inc.
- SolarWinds Worldwide, LLC
- VIAVI Solutions Inc.
- Zenoss Inc.
- Zoho Corp.
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