Network monitoring solutions offer the ability to detect anomalies, optimize network resources, and enhance overall network efficiency, which has led to their widespread adoption across industries. Additionally, the recurring need for network monitoring tools and services, driven by the continuous expansion of digital infrastructure and the proliferation of devices, contributes to the steady revenue generation in this market segment.
Network Monitoring Market size was valued at US$ 2.38 Bn in 2022 and is expected to reach US$ 4.50 Bn by 2029 to exhibit a CAGR of 9.50 % during the forecast period.
Network Monitoring Market by Offering (Equipment, Software & Services), Bandwidth (1&10 Gbps, 40 Gbps, 100 Gbps), Technology (Ethernet, Fiber Optic, InfiniBand), End User and Geography - Global Forecast to 2027