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Network Monitoring Market Size
- Report ID: GMI3015
- Published Date: Dec 2022
- Report Format: PDF
Network Monitoring Market Size
Network Monitoring Market size surpassed USD 3 billion in 2022 and is projected to record 14% CAGR during 2023 to 2032 driven by the increasing inclination of industries towards cloud-based solutions.
Recent advancements in cloud computing technologies to offer seamless physical and virtualized network monitoring solutions have stimulated the industry's gradual transition to cloud-based solutions. The rapidly increasing number of IoT and BYOD devices causing strain on modern networks has surged the need for effective network monitoring tools. The industry is anticipated to grow significantly as a result of the exponential development of network traffic. Furthermore, expanding mobile access and an increase in content delivered over networks, are all factors projected to present new opportunities for market expansion by 2032.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Network Monitoring Market Size in 2022: | 3 billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 14% |
| 2032 Value Projection: | 12 billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 290 |
| Tables, Charts & Figures: | 475 |
| Segments covered: | Component, Enterprise Size, Network Speed, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Network Monitoring Market Scope
