Network Traffic Monitoring Market Scope
The global network traffic monitoring market is expected to witness high demand due to the increasing demand for networking across the globe. Network monitoring is the employment of an observing system that monitors the computer networks for failure and theft of data is being carried out and gives a notification to the administrator of the network for the same. These monitoring systems observe large amounts of data constantly and filter through for any anomalies if present.
The market study is being classified and major geographies with country level break-up.
The global network monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Network Monitoring Market for global, Europe, North America, Asia Pacific and South America. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Network Traffic Monitoring market throughout the predicted period.
Gigamon (United States), NETSCOUT (United States), Ixia (United States), VIAVI Solutions Inc. (United States), Garland Technology (United States), Broadcom (United States), Juniper Networks Inc. (United States), Big Switch Networks Inc.(United States) and Zenoss Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Network Critical (United States), Corvil (Ireland), CALIENT Technologies (United States), NETGEAR (United States), Mindarray Systems Pvt. Ltd. (India) and Cisco (United States).
AdvanceMarketAnalytics has segmented the market of Global Network Traffic Monitoring market by Type, Application and Region.
On the basis of geography, the market of Network Traffic Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- The Increase in demand for Constant Monitoring of Networks due to Increasing Security Concerns about the Data
- Growth in Adoption of Cloud and IoT
- Major Industries Employ Network Monitoring Services to Regulate their Traffic and Follow the Regulations Set Forth by the Authorities
- Technological Advancements in Communication and Network Infrastructures
- Increase in Cyber Threats and Targeted Attacks
- The Market is Majorly Restrained due to the Availability of Free-to-Use Network Monitoring Tools
- Efficiency of work is affected due to the massive handling of network monitoring which acts as a major restraint for the market growth
Key Target AudienceNetwork Traffic Monitor Providers, Upstream and Downstream Buyers, Industry Associations, Financial Institutes and Venture Capitalists, Research and Development Institutes and Others
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