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Network Monitoring Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Network Monitoring Market Analysis
Market Size & CAGR of Network Monitoring Market in 2021
The global network monitoring market is projected to reach a value of USD 3.5 billion by the end of 2021, with a Compound Annual Growth Rate (CAGR) of 8%.
COVID-19 Impact on the Network Monitoring Market
The COVID-19 pandemic has significantly impacted the network monitoring market, with the increasing shift towards remote work leading to a surge in the demand for monitoring tools to ensure network security and performance.
Network Monitoring Dynamics
The network monitoring industry is witnessing rapid advancements in technology, such as the integration of Artificial Intelligence (AI) and Machine Learning (ML) algorithms for predictive analysis and anomaly detection.
Segments and Related Analysis
The network monitoring market can be segmented based on deployment type, organization size, application, and region.
By Region Analysis
The North American region holds the largest market share in the network monitoring market, driven by the presence of key players and technological advancements.
Key Market Players and Competitive Landscape
Key players in the network monitoring market include Cisco Systems, SolarWinds, IBM Corporation, and Hewlett Packard Enterprise. The market is highly competitive, with players focusing on innovations and strategic partnerships.
Recent Happenings in the Network Monitoring Market
In recent news, SolarWinds announced a new update to its network monitoring software, offering enhanced features for network performance optimization.
