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Network Monitoring Market in 1 & 10 Gbps Bandwidth Segment Is Projected to Grow Exponentially over 2019 to 2025

The enterprises hold the largest network monitoring market share as they mainly rely on network monitoring for optimizing their network infrastructure

 

Sellbyville, DE -- (SBWIRE) -- 06/18/2019 -- Global Market Insights recently added a detailed Network Monitoring Market research study across the global, regional and country level. The report provides 360° analysis from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global market and estimates the future trend of the industry based on this detailed study.

The 1 & 10 Gbps bandwidth segment dominates the network monitoring market and is adopted across a wide range of industries including government, healthcare, enterprises, telecoms, and related service providers. Due to the rising technological advent and enhanced data generation, companies now demand higher bandwidth due to which the growth of higher bandwidth is expected to grow over the forecast period.

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The advancement in technology has led to an enhanced adoption of cloud computing, connected devices, and Voice over Internet Protocol (VoIP) due to which the traffic on the networks has increased tremendously, slowing down the overall network functioning speed. Hence, to reduce this stress on the network, enterprises are adopting network monitoring solutions, driving the network monitoring market growth. The software assists the companies in keeping a check on the inward and outward flowing of data along with the source and destination of data traffic analyzing the reasons for congestion.

The various technologies involved in network monitoring include ethernet, fiber optic, and InfiniBand. The Ethernet technology holds the highest network monitoring market share as it assists the enterprises in keeping a control on everything affecting the network. It includes verifying the cuts in networks and monitoring the network performance by detecting and automatically reacting to threats in real-time. Furthermore, the rise 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 improved scalability and reduced latency.

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Asia Pacific is projected to be the fastest growing region in the network monitoring market. The major factors attributed to the market growth include the rising disposable income and increase in the adoption of IoT & cloud computing technologies. Moreover, the rapid increase in cyberattacks across various industry verticals has enabled the enterprises residing in this region to adopt network monitoring solutions to ensure their business' safety and security along with providing enhanced customer service.

The major companies operating in the network monitoring market include NetScout, Ixia, Netgear, Juniper Networks, Big Switch Networks, Broadcom, Network Critical, CALIENT Technologies, and Motadata. These companies concentrate on strategic partnerships to expand their presence in a highly competitive network monitoring market.

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