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Network Monitoring Market Trends Analysis, Top Manufacturers, Shares, Growth Opportunities, Statistics & Forecast to 2026

Author : Ronak Bora | Published Date : 2020-09-03 

Network Monitoring market size is expected to exceed USD 5 billion by 2026. The extensive adoption of cloud applications, BYOD (Bring-Your-Own-Devices), smartphones, and growing demand for 5G networks infrastructure is expected to contribute significantly to the market growth.

Network monitoring market is projected to record a considerable growth rate due to the rising demand for smooth operations among different sectors across the globe. Network performance monitoring is a routine process of monitoring, reporting, troubleshooting, optimizing, as well as keeping track on the performance of a computer network.

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Network performance monitoring also empowers network administrators as well as managers to keep track of the quality of network service delivery and overall performance of the underlying network.  Through network monitoring one can anticipate potential interruptions or address network problems proactively. It further helps in maintaining a network that is free from congestion and keeps the business up and running.

A network monitoring software helps the individual to monitor the performance of any IP-based device and also helps businesses to remotely visualize its system performance and to monitor traffic flow, bandwidth utilization, network services, routers and switches. These monitoring solutions basically collect data from a variety of sources like packets, SNMP, and flow data. Each of these gives a different perspective on the issue, which when combined, gives an overall picture of the scenario in question. The network monitoring appliances might be utilized on premises, in the cloud, or both for utmost visibility.

Some major findings of the network monitoring market report include:

  • The extensive penetration of smartphones, cloud services, and connected devices across enterprises and consumers is supporting the network technology development
  • Technological advancements in telecom infrastructure in the Asia Pacific region are driving the demand for network performance monitoring solutions
  • The rising investments in the retail sector in the U.S. are supporting the market growth due to the rising demand to monitor Point-of-Sales (POS) traffic by using network performance monitoring solutions
  • Some of the major players operating in the network monitoring market are NETSCOUT systems, Inc., Riverbed Technology, Viavi Solutions Inc. and Broadcom
  • Companies operating in the market are focusing on the development of advanced services supporting Software-Defined Wide Area Network (SD-WAN) and Domain Name System (DNS) server monitoring that can enable network performance monitoring

The adoption of network performance monitoring solutions in Asia Pacific region is expected to grow at CAGR of over 15% between 2020 and 2026. The increasing adoption of smartphone and cloud applications in densely populated countries is attributed to network monitoring market growth. For instance, according to GSMA, in 2018, smartphone adoption in India was 54%. The increasing number of smartphone users is enabling telecom operators to provide better network service quality. Telecom service providers are adopting network performance monitoring solutions to manage many subscribers. Enterprises operating in the region are facing cyber-threats and poor network performance. These factors are enabling enterprises to adopt network performance management solutions to enhance their network security and optimization.

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Companies operating in the industry are emphasizing new network monitoring solutions. For instance, in January 2019, Viavi Solutions Inc. launched the Observer Gigaflow, a network performance management software platform. This initiative helped the company to support its customers with better network redundancy and end-to-end visibility of their network infrastructure. Due to the extensive development in telecommunication infrastructure across enterprises, the demand for network monitoring market is expected to grow significantly over the forecast period.

Table of Contents (ToC) of the report:

Chapter 1.   Methodology & Scope

1.1.  Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope

1.1.5. Definitions

1.1.6. Methodology & forecast parameters

1.2.  Data Sources

1.2.1. Secondary

1.2.1.1. Paid sources

1.2.1.2.    Public sources

1.2.2. Primary

Chapter 2.   Executive Summary

2.1.  Network monitoring industry 360º synopsis, 2015 – 2026

2.2.  Business trends

2.3.  Regional trends

2.4.  Component trends

2.5.  Enterprise size trends

2.6.  Network speed trends

2.7.  Application trends 

Chapter 3.   Network Monitoring industry Insights

3.1.  Introduction

3.2.  Industry segmentation

3.3.  Industry landscape, 2015 – 2026

3.4.  Evolution of network performance monitoring

3.5.  Network monitoring industry architecture

3.6.  Network monitoring industry ecosystem analysis

3.7.  Technology & innovation landscape

3.7.1. Patchwork management

3.7.2. Convergence of NetOps and IT security

3.7.3. Network management system APIs and packet inspection

3.8.  Regulatory landscape

3.8.1. Global

3.8.1.1. The ISA/IEC 62443 standard

3.8.2. North America

3.8.2.1. NIST Special Publication 800-53 - Guidelines on Security and Privacy Controls for. Federal Information Systems and Organizations (U.S.)

3.8.2.2. California Online Privacy Protection Act (CalOPPA – U.S.)

3.8.2.3.    Critical Infrastructure Protection Mandates, NERC (North America)

3.8.3. Europe

3.8.3.1. General Data Protection Regulation (EU)

3.8.3.2. Network and Information System (NIS) Regulation (UK)

3.8.3.3. The Security of Network and Information Services Directive (EU)

3.8.4. APAC

3.8.4.1. Information Security Technology- Personal Information Security Specification GB/T 35273-2017 (China)

3.8.4.2. Secure India National Digital Communications Policy 2018 – Draft (India)

3.8.5. Latin America

3.8.5.1. National Directorate of Personal Data Protection (Argentina)

3.8.5.2. The Brazilian General Data Protection Law (LGPD)

3.8.6. MEA

3.8.6.1. Law No. 13 of 2016 on protecting personal data (Qatar)

3.8.6.2. Federal Law No. 2 of 2019 on the use of ICT in Healthcare (UAE)

3.9.  Industry impact forces

3.9.1. Growth drivers

3.9.1.1. Growth in the adoption of IoT and BYOD devices

3.9.1.2.    Rising popularity of SaaS-based network monitoring solutions

3.9.1.3. Demand for continuous network monitoring due to rise in network complexities and security concerns

3.9.1.4. Increasing network stress due to exponential rise in cloud traffic

3.9.1.5. Surging demand for resilient network monitoring systems to quickly resolve downtime issues

3.9.2. Industry pitfalls & challenges

3.9.2.1. High initial investments

3.9.2.2.    Availability of free network monitoring tools

3.9.2.3.    Compatibility issues due to prevalence of legacy systems

3.10.    Growth potential analysis

3.11.    Porter’s analysis

3.12.    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/network-monitoring-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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