A new market study, titled “Discover Global Network Monitoring Tools Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
The network monitoring tools market is estimated to witness fast paced growth during the forecast period, as per the latest report. This can be accredited to the increasing number of enterprises that are strictly reliable on the requirements that drive the need for network performance monitoring equipment. Network architecture is also growing in complexity and applications delivery has become more time sensitive. This lead to a higher need for reliable and scalable network monitoring equipment. Need for robust network monitoring capabilities are ensuring smooth operations of mission-critical network infrastructure and the need to solve such downtime quickly to drive the growth of the network monitoring tools market.
Network monitoring aids in the minimization of downtime, thus, aiding the organization to reduce its costs. This is also essential for increasing overall productivity of the network. Network tools provider companies are observed to try and create a fully redundant network from end-to-end. However, the impossibility of the same has become starkly clear in the recent years. This can be owed to the limitations in architecture, lack of physical redundancy, or budgets that are likely to restrict a fully redundant approach.
Apart from this, various technologies are involved in network monitoring such as fiber optics, ethernet, and InfiniBand. The ethernet technology is bound to hold the highest market share as it assists enterprises in keeping a control on everything that has an effect on the network. It includes the verification of cute in networks and monitoring of network performance through detection and automatically reacting to threats in real-time. Moreover, surge in the number of data centers’ demand for higher bandwidth is leading to the adoption of Ethernet-based network monitoring solutions as they deliver enhanced solutions with augmented scalability and reduced latency.
Key Players of Global Network Monitoring Tools Market –
* SysAid Technologies
* Deep Software
* Webroot Software
The global network monitoring tools market is studied for different segments to gain a deeper understanding of the landscape for the desired forecast period. Such segmentation has been directed on the basis of product type, application, and region. Based on product type, the global network monitoring tools market is segmented into on premise and cloud-based. Based on organization size, the global network monitoring tools market is segmented into small & medium sized enterprises and large sized enterprises.
Detailed Regional Analysis
The global network monitoring tools market is studied for the regions of North America, South America, Asia Pacific, Europe, and the Middle East & Africa. Among the aforementioned regional segments, the global network monitoring tools market is spearheaded by Asia Pacific over the forecast period. The region is estimated to grow at the fastest pace over the forecast period. Attributable factors for such market growth include rising disposable income and a surge in the adoption of the IoT and cloud computing technologies. Furthermore, a rapid surge in the number of cyberattacks is also encouraging organizations from various end-user industry verticals to adopt network monitoring solutions. This has enabled fast paced growth in the APAC network monitoring tools market, as enterprises increasingly deploy network monitoring solutions to ensure safety and security.
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