Network Monitoring Market size was valued at US$ 2.18 Bn in 2021 and is expected to reach US$ 4.50 Bn by 2029 to exhibit a CAGR of 9.50 % during the forecast period.
Network Monitoring Market Overview
Maximize Market research, a global Healthcare market research firm, has published competitive intelligence market research report on “ Network Monitoring Market “. The Network Monitoring market revenue is expected to grow at a CAGR of percent from 2022 to 2029, reaching USD Network Monitoring bn during the forecast period. The Network Monitoring market overview gives thorough the key highlights of the industry, market potential during the forecast period, segment wise analytics country wise market scope.
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Network Monitoring Market Report Scope and Research Methodology
The market is divided into electrically powered and fuel-powered subsegments based on Power Source. In 2021, the electrically powered category is in the lead. The development of high-performance, long-lasting batteries as well as urbanisation and government-sponsored building initiatives are all credited with the rise. Additionally, the need for electrical equipment is anticipated to rise significantly as customer preference for green technology keeps rising.
Gardeners are now aware of the many benefits electric lawnmowers offer over their gas-powered or conventional counterparts, which contribute just around 5% of the total hydrocarbons in metropolitan areas' atmosphere. There has been a discernible trend towards electric and battery-powered technology due to stricter pollution regulations and more environmentally conscious consumers.
The market is divided into residential and commercial segments based on application. Current trends indicate that the domestic segment won't overtake the business sector. In reality, manufacturers of consumer products profit from increasing demand for lawn care services. Many of these service providers purchase consumer market riding or walk-behind mowers for minor home maintenance tasks. Commercially produced materials are needed for bigger projects like parks and golf courses. However, even on a golf course, a consumer walk-behind or riding mower is used to maintain the grass adjacent to the clubhouse.
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Network Monitoring Market Regional Insights
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East, and Africa
Network Monitoring Market Segmentation
The main prospects in the worldwide network monitoring market include optimising company processes using network organisation tools, leading opportunities in small and medium-sized businesses, and growing software-defined networking market. Handling vast amounts of network performance data is one of this market's greatest problems.
Due to the expansion of data centres and a rise in the use of virtualization technology, which has increased the need for network monitoring equipment with larger bandwidths, the Ethernet category is expected to have the greatest share of the market over the projected period. With Ethernet technology, switching from low bandwidth to high bandwidth is not only feasible but also cost-effective and disruption-free.
Due to the massive amounts of data created by significant technological advancements across many industries and the challenges associated with IT infrastructure, corporations are expected to have the biggest market share for network monitoring over the projection period. Future demands for network monitoring are influenced by factors such as expanding employee flexibility, rising use of strategies like "bring your own device," and rising use of creative Big Data solutions for operational data explosion.
Due to the expanding demands for IT capacity and the rapid uptake of new data centre technologies, North America now owns the largest market. As more businesses choose for cloud services to save the upfront costs of developing new infrastructure, the industry in the US is expected to gain momentum.
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Network Monitoring Market Key Players
• Gigamon
• Netscout
• Ixia
• Viavi
• Apcon
• Garland Technology
• Juniper Networks, Inc.
• Cisco
• Broadcom
• Big Switch Networks
• Zenoss
• Network Critical
• Corvil
• Calient
• Netgear
• Motadata
• Keysight Technologies
• Riverbed Technology
• SevOne
• Accedian
Key questions answered in the Network Monitoring Market are:
What is the expected Network Monitoring Market size by the end of the forecast period?
What are the global trends in the Network Monitoring Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for Network Monitoring Market?
How is the intervention from regulatory authority is shaping the Network Monitoring Market?
What growth strategies are the players considering to increase their presence in Network Monitoring Market?
Who held the largest market share in Network Monitoring Market?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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