The Report Network Monitoring Market by Offering (Equipment ,Solutions & Services) by Bandwidth (1 & 10 Gbp ,40 Gbps ,100 Gbps ) by Technology (Ethernet,Fiber Optic,InfiniBand) by End-User (Enterprises,Telecommunications Industry,Government Organizations,Cloud Service Providers,Others) Global Industry Analysis and Forecast (2023-2029)
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The Network Monitoring Market is poised for substantial growth, with a projected valuation of US$ 4.50 billion by 2029, showcasing a robust Compound Annual Growth Rate (CAGR) of 9.50% during the forecast period from 2023 to 2029.
Network Monitoring Market Insights on Segmentation
By Segment
- Ethernet: The Ethernet segment is expected to hold the largest market share during the forecast period. The growth of data centers and the adoption of virtualization technology are driving the demand for network monitoring equipment with higher bandwidths.
By Application
- Enterprise: The enterprise segment is projected to hold the largest share of the network monitoring market. Technological advancements across various enterprises have led to the generation of large volumes of data, prompting the adoption of virtualization technology and network monitoring.
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North America region is positioned as a frontrunner in the Network Monitoring Market
North America: North America is expected to hold the largest market share, driven by increasing IT capacity requirements and the adoption of new data center technologies. The US market is anticipated to witness significant traction as organizations opt for cloud services to reduce the upfront cost of building new data centers.
Network Monitoring Market Key Players:
1. Gigamon 2. Netscout 3. Ixia 4. Viavi 5. Apcon 6. Garland Technology 7. Juniper Networks, Inc. 8. Cisco 9. Broadcom 10.Big Switch Networks 11.Zenoss 12.Network Critical 13.Corvil 14.Calient 15.Netgear 16.Motadata 17.Keysight Technologies 18.Riverbed Technology 19.SevOne 20.Accedian 21.Arista Networks, Inc. 22.IBM 23.Pico Quantitative Trading LLC
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