Network Monitoring Market to cross $12 Bn by 2032, Says Global Market Insights Inc.
Major network monitoring market participants include Garland Technology, IBM Corporation (SevOne, Inc.), LiveAction, Inc., Viavi Solutions, Inc., IBM Corporation (SevOne, Inc.), Garland Technology, LLC, Riverbed Technology, Inc., Arista Networks, Inc., Juniper Networks, Inc., and SolarWinds Worldwide, LLC.
Selbyville, Delaware,, Jan. 23, 2023 (GLOBE NEWSWIRE) —
The network monitoring market valuation is anticipated to exceed USD 12 billion by 2032, as reported in a to reach USD 1 billion by 2032, attributed to the increasing use of cloud services by BFSI businesses and the proliferation of IoT technology across several LATAM countries. In order to digitize banking processes and transactions, businesses across the BFSI sector in Mexico and Argentina are implementing cloud-based solutions. Additionally, favorable government initiatives influencing the adoption of digitization are expected to speed up regional business growth.
Some of the leading companies operating in the network monitoring market include Garland Technology, IBM Corporation (SevOne, Inc.), LiveAction, Inc., Viavi Solutions, Inc., IBM Corporation (SevOne, Inc.), Garland Technology, LLC, Riverbed Technology, Inc., Arista Networks, Inc., Juniper Networks, Inc., and SolarWinds Worldwide, LLC.
To cite an instance, In February 2022, Cisco, a global leader in IT and networking, collaborated with Rakuten, a retailing company, to develop and deliver the open RAN solution with the aim to create a fully virtualized cloud-native network. This collaboration also aided the company in delivering technological innovations across multiple industries.
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Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Network monitoring market 360º synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM)
2.3 Regional trends
2.4 Component trends
2.5 Enterprise size trends
2.6 Network speed trends
2.7 Application trends
Chapter 3 Network Monitoring Market Insights
3.1 Introduction
3.2 COVID-19 impact
3.2.1 North America
3.2.2 Europe
3.2.3 Asia Pacific
3.2.4 Latin America
3.2.5 Middle East & Africa
3.3 Evolution of network monitoring
3.4 Network monitoring industry architecture
3.5 Network monitoring industry ecosystem analysis
3.5.1 Network monitoring software providers
3.5.2 Network monitoring hardware providers
3.5.3 Cloud service providers
3.5.4 Marketing and distribution
3.5.5 End-users
3.5.6 Profit margin analysis
3.5.7 Vendor matrix
3.6 Technology & innovation landscape
3.6.1 Patchwork management
3.6.2 Convergence of NetOps and IT security
3.6.3 Network management system APIs and packet inspection
3.7 Regulatory landscape
3.7.1 Global
3.7.1.1 The ISA/IEC 62443 standard
3.7.2 North America
3.7.2.1 NIST Special Publication 800-53 – Guidelines on Security and Privacy Controls for. Federal Information Systems and Organizations (U.S.)
3.7.2.2 California Online Privacy Protection Act (CalOPPA – U.S.)
3.7.2.3 Critical Infrastructure Protection Mandates, NERC (North America)
3.7.3 Europe
3.7.3.1 General Data Protection Regulation (EU)
3.7.3.2 Network and Information System (NIS) Regulation (UK)
3.7.3.3 The Security of Network and Information Services Directive (EU)
3.7.4 APAC
3.7.4.1 Information Security Technology- Personal Information Security Specification GB/T 35273-2017 (China)
3.7.4.2 Secure India National Digital Communications Policy 2018 – Draft (India)
3.7.5 Latin America
3.7.5.1 National Directorate of Personal Data Protection (Argentina)
3.7.5.2 The Brazilian General Data Protection Law (LGPD)
3.7.6 MEA
3.7.6.1 Law No. 13 of 2016 on protecting personal data (Qatar)
3.7.6.2 Federal Law No. 2 of 2019 on the use of ICT in Healthcare (UAE)
3.8 Patent analysis
3.9 Investment portfolio
3.10 Key initaitive and news
3.11 Industry impact forces
3.11.1 Growth drivers
3.11.1.1 Growth in the adoption of IoT and BYOD devices
3.11.1.2 Rising popularity of SaaS-based network monitoring solutions
3.11.1.3 Demand for continuous network monitoring due to rise in network complexities and security concerns
3.11.1.4 Increasing network stress due to exponential rise in cloud traffic
3.11.1.5 Surging demand for resilient network monitoring systems to quickly resolve downtime issues
3.11.2 Industry pitfalls & challenges
3.11.2.1 High initial investments
3.11.2.2 Availability of free network monitoring tools
3.11.2.3 Compatibility issues due to prevalence of legacy systems
3.12 Growth potential analysis
3.13 Porter’s analysis
3.13.1 Threat of new entrant
3.13.2 Bargaining power of supplier
3.13.3 Bargaining power of buyer
3.13.4 Threat of substitution
3.14 PESTEL analysis
3.14.1 Political
3.14.2 Economical
3.14.3 Social
3.14.4 Technological
3.14.5 Legal
3.14.6 Environmental
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