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Network Monitoring Tools: Introduction

  • Network monitoring tools help the administration to manage the networks configuration, traffic, application performance, uptime, bandwidth utilization, server performance and other network related operations to provide optimized performance in the organization.
  • Network monitoring tools used several data collection techniques which can be used to check the networks performance which includes SNMP (Simple network management protocol), Syslog, scripts etc.
  • Depending upon the business operations, downtime cost heavy cost to an organization which can be minimized effectively using network monitoring tools which is expected to drive network monitoring tools market over the forecast period.
  • Network monitoring tools market is anticipated to witnessed growth in the coming years with increasing complexity in the IT infrastructure and concerns over security threats in various sectors such as businesses, energy & utilities, healthcare & medical, etc.
network monitoring tools market size and forecast

Global Network Monitoring Tools Market: Dynamics

Global Network Monitoring Tools Market: Key Drivers

  • Growing demand for real-time network monitoring from end-ser industries such as healthcare, BFSI, automotive and IT to gain low to zero latency along with data security is anticipated to boost the development of network monitoring tools market
  • Growing telecommunication industry and rising dependency on high-speed connectivity for data management, work management and information free flow the network monitoring tools market is anticipated to grow as high pace in the coming years
  • It provides assistance in identification of traffic bottle necks that results into data flow limitation. Increasing integration of cloud computing for effective collaborations, remote data access and scalability has created promising opportunities for network monitoring tools market across the globe
  • IT enterprises are focusing on creating network performance reports, establishing full network visibility, early detection for cyber threats on network to protect crucial data and minimizing performance failure time which is expected to drive the network monitoring tools market.
  • However, availability of free tools on opensource platforms and increasing infrastructure complexity has imposed major challenges for the network monitoring tools market.
network monitoring tools market dynamics

Impact of COVID-19 on the Global Network Monitoring Tools Market

  • Covid-19 spread across the globe has resulted into economic slowdown in developed and developing economies. Many governments imposed strict norms such as maintaining social distancing, restriction on going in public places and working from home for private and public sectors. User demand for high-speed connectivity and increasing data dependency due to online operations at work and at home has created promising grwoth opportunities for network monitoring tools market across the globe. Major organizations are investing in R&D to developed high end solutions considering demand for uninterrupted connectivity from various end user industries which is expected to boost network monitoring tools market growth.

North America to Hold a Major Share of Global Network Monitoring Tools Market

  • In terms of region, the global Network Monitoring Tools market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America led the network monitoring tools market in 2020 accounted for well-established IT infrastructure and early adoption of AI technology in the region. U.S. dominated the market share for the region owing to presence of major industry players and increasing integration of data centers in the country.
  • Asia Pacific is anticipated to gain larger market share in network monitoring tools market over the forecast period with growing digitization in the region along with expanding IT infrastructure development. China is the leading market in the region with increasing demand for network monitoring tools from SMEs to gain reliable, secure and efficient operating environment.
network monitoring tools market outlook by region

Global Network Monitoring Tools Market: Competition Landscape

Network monitoring tools market is highly competitive with several global players competing to gain larger market share. New market entrants are focusing on developing high end solutions to gain competitive advantage. Prominent players in the market are focusing on mergers, acquisitions, and partnerships to cater increasing demand for network monitoring tools.

Key players operating in the global network monitoring tools market include:

  • Cisco Systems, Inc.
  • Cubro Network Visibility
  • Gigamon
  • Ixia
  • Juniper Networks, Inc.
  • LogicMonitor, Inc.
  • Zoho Corp
  • Microsoft Corporation
  • Nagios Enterprises, LLC
  • Niagara Networks
  • Paessler AG
  • Profitap HQ B.V.
  • SolarWinds Worldwide, LLC
  • Xena Networks

Global Network Monitoring Tools Market: Research Scope

Global Network Monitoring Tools Market, by Deployment

  • Cloud
  • On-premise

Global Network Monitoring Tools Market, by Type

  • Open Source
  • Licensed

Global Network Monitoring Tools Market, by End-user

  • Enterprises
  • Telecommunications Industry
  • Government Organizations
  • Cloud Service Providers

Global Network Monitoring Tools Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Network Monitoring Tools Market