DUBLIN--(BUSINESS WIRE)--The "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" report has been added to ResearchAndMarkets.com's offering
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. The 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.
The market for solutions and 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 the growing implementation of virtualization are expected to transform network management technologies, tools, and practices.
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.
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.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Network Monitoring Market, By Offering
7 Network Monitoring Market, By Bandwidth
8 Network Monitoring Market, By Technology
9 Network Monitoring Market, By End User Industry
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- Apcon
- Big Switch Networks
- Broadcom
- Calient
- Cisco
- Corvil
- Garland Technology
- Gigamon
- Ixia
- Juniper Networks, Inc.
- Motadata
- Netgear
- Netscout
- Network Critical
- Viavi
- Zenoss
For more information about this report visit https://www.researchandmarkets.com/research/7qcqnz/2_9_bn_network?w=4
