Network Monitoring Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Networking Monitoring Market
The networking monitoring market size was valued at USD 3.34 billion in 2023, and the market is now projected to grow from USD 3.71 billion in 2024 to USD 8.30 billion by 2032, exhibiting a CAGR of 10.6 % during the forecast period of 2024-2032.
The COVID-19 pandemic not only caused the growth of the network monitoring market but also its acceleration. The businesses that changed to the remote working models were the ones that caused the demand for the network infrastructures to be so strong; this highlights the need of the network management tools which are the ones that ensure no interruptions in service and security. Organizations heightened their attention on network monitoring to make up for the increasing digital traffic and to lower the potential cyber security risks of the remote connection. This shift not only stressed the need for the network's resilience but also pushed the innovations in the network monitoring solutions to manage the complexity of the distributed network environments in an efficient way.
The network monitoring market has been witnessing a considerable expansion due to the ever-increasing complexity of IT networks and the growing threats of cyber-attacks. The demand for all-round monitoring tools, which will provide information on the network performance and their security, has increased because the organizations are more and more dependent on cloud-based services and IoT devices. This demand is even more so because of the shift to remote working; thus, the infrastructure has to be strong enough to support huge amounts of data and connectivity and security across many dispersed locations. All of these factors are amplifying the networking monitoring market growth.
The development in the fields of artificial intelligence (AI) and machine learning (ML) has helped the network monitoring market. These technologies improve the performance of the monitoring tools, hence, managing the proactive manner and predictive analytics which contribute to the prevention of network failure and security breaches. This transformation helps businesses to manage their network operations and to keep the service levels high, thus, network monitoring is a must-have of the current IT management strategies.
Comprehensive Analysis Networking Monitoring Market
The network monitoring market segmentation encompasses three key dimensions. The three parts are: - the market is split into Hardware, Software and Services, thus, the market consists of a vast array of products and solutions designed to meet different network monitoring needs. Enterprise Type, which is the category that highlights the difference between Small & Medium Enterprises (SMEs) and Large Enterprises, sees the different network monitoring infrastructure requirements and the scale. Finally, Industry segmentation includes the telecommunications industry, government &defense sectors, cloud service providers, and other sectors like education organizations, which shows that the broad spectrum of industries that are using network monitoring technologies for a better performance, security and operational efficiency are covered in this.
North America comes out as the top region in the network monitoring market share, due to its high-tech infrastructure and the widespread use of digital solutions in different industries. The region's predominance is confirmed by the existence of leading businesses and a strong emphasis on innovation and research and development. Moreover, the regulation that is related to data privacy and security is also the reason that the demand for network monitoring solutions is very high.
The top players in the market play a crucial role in shaping the industry's growth trajectory and setting market standards. These players include: NETSCOUT SYSTEMS, INC. (U.S.), Paessler AG (Germany), SolarWinds Worldwide, LLC. (U.S.), Nagios Enterprises, LLC. (U.S.), Fortra, LLC (U.S.), Cisco Systems, Inc. (U.S.), LogicMonitor Inc. (U.S.), Riverbed Technology LLC (U.S.), Broadcom Inc. (U.S.), Keysight Technologies, Inc. (U.S.)
In July 2023 a platform called as the ConnectWise Asio™ platform was formed because. This modern model of IT service providing (TSPs) and their clients with the network visibility and real-time monitoring alerts, thus, making the work of the TSPs and their clients much more efficient and easier. Additionally, in January 2024, Nokia announced its collaboration with NOS, thus the MantaRay network management solution (formerly NetAct) was provided with NOKI's scalable network (formerly NetAct). This merging provides a seamless and automatic networking for network monitoring and management, thus improving the efficiency and performance of networks.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 10.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Offerings
Hardware
Software
Services
By Enterprise Type
Small & Medium Enterprises (SMEs)
Large Enterprises
By Industry
Telecommunications Industry
Government & Defense
Cloud Service Providers
Others (Education Organizations etc.)
By Region
North America (By Offerings, By Enterprise Type, By Industry, and By Country)
U.S.
Canada
Mexico
Europe (By Offerings, By Enterprise Type, By Industry, and By Country)
U.K.
Germany
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe
Asia Pacific (By Offerings, By Enterprise Type, By Industry, and By Country)
China
Japan
India
South Korea
ASEAN
Oceania
Rest of Asia Pacific
Middle East & Africa (By Offerings, By Enterprise Type, By Industry, and By Country)
Turkey
Israel
GCC
North Africa
South Africa
Rest of Middle East & Africa
South America (By Offerings, By Enterprise Type, By Industry, and By Country)
Brazil
Argentina
Rest of South America
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Network Monitoring Key Players Market Share/Ranking, 2023
- 5. Global Network Monitoring Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Offerings (USD)
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
- 5.3. By Enterprise Type (USD)
- 5.3.1. Small & Medium Enterprises (SMEs)
- 5.3.2. Large Enterprises
- 5.4. By Industry (USD)
- 5.4.1. Telecommunications Industry
- 5.4.2. Government & Defence
- 5.4.3. Cloud Service Providers
- 5.4.4. Others (Education Organizations. etc.)
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Middle East & Africa
- 5.5.5. South America
- 6. North America Network Monitoring Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Offerings (USD)
- 6.2.1. Hardware
- 6.2.2. Software
- 6.2.3. Services
- 6.3. By Enterprise Type (USD)
- 6.3.1. Small & Medium Enterprises (SMEs)
- 6.3.2. Large Enterprises
- 6.4. By Industry (USD)
- 6.4.1. Telecommunications Industry
- 6.4.2. Government & Defence
- 6.4.3. Cloud Service Providers
- 6.4.4. Others (Education Organizations. etc)
- 6.5. By Country (USD)
- 6.5.1. United States
- 6.5.2. Canada
- 6.5.3. Mexico
- 7. Europe Network Monitoring Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Offerings (USD)
- 7.2.1. Hardware
- 7.2.2. Software
- 7.2.3. Services
- 7.3. By Enterprise Type (USD)
- 7.3.1. Small & Medium Enterprises (SMEs)
- 7.3.2. Large Enterprises
- 7.4. By Industry (USD)
- 7.4.1. Telecommunications Industry
- 7.4.2. Government & Defence
- 7.4.3. Cloud Service Providers
- 7.4.4. Others (Education Organizations. etc)
- 7.5. By Country (USD)
- 7.5.1. United Kingdom
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Benelux
- 7.5.8. Nordics
- 7.5.9. Rest of Europe
- 8. Asia Pacific Network Monitoring Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Offerings (USD)
- 8.2.1. Hardware
- 8.2.2. Software
- 8.2.3. Services
- 8.3. By Enterprise Type (USD)
- 8.3.1. Small & Medium Enterprises (SMEs)
- 8.3.2. Large Enterprises
- 8.4. By Industry (USD)
- 8.4.1. Telecommunications Industry
- 8.4.2. Government & Defence
- 8.4.3. Cloud Service Providers
- 8.4.4. Others (Education Organizations. etc)
- 8.5. By Country (USD)
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. South Korea
- 8.5.5. ASEAN
- 8.5.6. Oceania
- 8.5.7. Rest of Asia Pacific
- 9. Middle East & Africa Network Monitoring Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Offerings (USD)
- 9.2.1. Hardware
- 9.2.2. Software
- 9.2.3. Services
- 9.3. By Enterprise Type (USD)
- 9.3.1. Small & Medium Enterprises (SMEs)
- 9.3.2. Large Enterprises
- 9.4. By Industry (USD)
- 9.4.1. Telecommunications Industry
- 9.4.2. Government & Defence
- 9.4.3. Cloud Service Providers
- 9.4.4. Others (Education Organizations. etc)
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.2. Israel
- 9.5.3. GCC
- 9.5.4. North Africa
- 9.5.5. South Africa
- 9.5.6. Rest of MEA
- 10. South America Network Monitoring Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Offerings (USD)
- 10.2.1. Hardware
- 10.2.2. Software
- 10.2.3. Services
- 10.3. By Enterprise Type (USD)
- 10.3.1. Small & Medium Enterprises (SMEs)
- 10.3.2. Large Enterprises
- 10.4. By Industry (USD)
- 10.4.1. Telecommunications Industry
- 10.4.2. Government & Defence
- 10.4.3. Cloud Service Providers
- 10.4.4. Others (Education Organizations. etc)
- 10.5. By Country (USD)
- 10.5.1. Brazil
- 10.5.2. Argentina
- 10.5.3. Rest of South America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. NETSCOUT Systems, Inc.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Paessler AG
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Cisco Systems, Inc.
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. LogicMonitor Inc.
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. SolarWinds Worldwide, LLC
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Fortra, LLC
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Nagios Enterprises, LLC.
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Broadcom Inc.
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Riverbed Technology LLC
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Keysight Technologies, Inc.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
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