According to the new 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", the overall network monitoring market is
expected to reach from USD 1.67 billion in 2017 to USD 2.93 billion by
2023, at a CAGR of 9.9% during the forecast period. The increasing
number of enterprises with strict reliability requirements drives the
need for network performance monitoring equipment. Also, the need for
highly reliable, scalable network monitoring equipment for robust
network monitoring capabilities to ensure smooth operations of
mission-critical network infrastructure contributes to the growth of
this market.
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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51888593
By Offering:
- Equipment
- Solutions & Services
- 1 & 10 Gbps
- 40 Gbps
- 100 Gbps
- Ethernet
- Fiber Optic
- InfiniBand
- Enterprises
- Telecommunications Industry
- Government Organizations
- Cloud Service Providers
- Americas
- Europe
- APAC
- RoW
North America to hold largest share of network monitoring market in from 2018 to 2023
The market in the US is expected to experience
greater traction as a significant number of organizations are likely to
opt for cloud services to save their upfront cost of building new data
centers for business continuity. Also, the US is home to global cloud
service providers as well as for companies such as Amazon Web Services
(AWS) and Microsoft (US), which provide data center infrastructure.
Moreover, the leading companies in the network monitoring market account
more than half of the revenue and are based in the US.
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
(Broadcom) (US), Juniper Networks (US), Big Switch Networks (US), Zenoss
(US), Network Critical (UK), Corvil (Ireland), CALIENT Technologies
(CALIENT) (US), Netgear (US), and Motadata (US) have also been profiled
in the report.
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