Registering a CAGR of 15.6% over the forecast period, the market value of Network Performance Monitoring and Diagnostic Tool is expected to reach US$ 7940 million in the year 2027.
Network performance refers to the customer's perception of a network's service quality. The network Performance Monitoring and Diagnostic Tool industry are made up of products that use a variety of data sources to give a comprehensive picture of how networks (including corporate on-premises, cloud, multi-cloud, hybrid, and other networks) are operating.
Technological advancements and rapid digitalization are major factors prompting enterprises to comprise several interconnected networks. Another aspect boosting the market's revenue growth is enterprise demand for more bandwidth. Network Performance Monitoring and Diagnostic Tool also assists clients in receiving uninterrupted network services and ensures ongoing availability, which is crucial for business continuity. It reduces damage, keeps track of network security, decreases productivity loss in a business, protects infrastructure from cyberattacks, and fixes network problems.
The report contains the company profiles of the major competitors in the Network Performance Monitoring and Diagnostic Tool market. The research analyses all of the segments based on various parameters such as market share, revenue, and CAGR. On the basis of production, revenue, and sales in the Network Performance Monitoring and Diagnostic Tool market, the analysts have also completely examined different regions such as North America, Europe, and the Asia Pacific. For this analysis of the Network Performance Monitoring and Diagnostic Tool market, the researchers employed modern primary and secondary research approaches and technologies.
The global Network Performance Monitoring and Diagnostic Tool includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include SolarWinds Corporation (NYSE: SWI), NETSCOUT Systems Inc (NASDAQ: NTCT), Paessler, LogicMonitor, Zabbix, Nagios Core, ThousandEyes, Inc., Ipswitch, Untangle, Intermapper, ManageEngine, Hewlett Packard Enterprise Co (NYSE: HPE), Amazon.com, Inc (NASDAQ: AMZN), and Other.
Industry News and Updates:
NETSCOUT Launches nGeniusEDGE Server to Quickly Identify and Resolve User Experience Performance Issues
February 16, 2022- NETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a leading provider of cybersecurity, service assurance, and business analytics solutions, announced the availability of nGeniusEDGE Server, a comprehensive, plug-and-play solution that provides customers with the visibility and insights they need to ensure a high-quality end-user experience regardless of where employees work. nGeniusEDGE Server offers a faster way to identify and resolve performance issues that impact end-users through an easy-to-deploy solution that brings together the views and analysis of nGeniusONE®, and the synthetic testing of nGeniusPULSE nPoint, to promptly warn IT, teams of problems, to be addressed before they disrupt business.
Amazon EC2 announces new network performance metrics for EC2 instances
Dec 10, 2020- Amazon EC2 now provides additional network performance metrics to help customers gain more insights into instance network performance. Five new metrics provide customers visibility when their instances exceed network allowances defined by AWS. This visibility helps customers proactively resolve application performance issues and right size instance fleets based on desired network performance.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
On-premise
Cloud-Based
By Application, it is segmented into
Individual
Commercial
Other
Due to the fast integration of Artificial Intelligence (AI), the Internet of Things (IoT), the evolution of 5G networks, predictive analytics, and machine learning (ML), cloud-based network performance monitoring and diagnostics are gaining traction. Market expansion is further aided by rising demand for highly scalable and dependable network monitoring equipment. Furthermore, the need for more comprehensive network monitoring capabilities to maintain the smooth running of mission-critical infrastructure, as well as the requirement to fix downtime issues more quickly, are driving the adoption of this technology.
North America has the largest market, and owing to increased IT capacity requirements and the adoption of new data center technologies, this trend is projected to continue. The market in the United States is predicted to gain pace as a growing number of businesses turns to cloud services to avoid the upfront costs of constructing new data centers for business continuity. The creation of data centers in APAC is being driven by increased government initiatives and investments from technologically emerging countries such as India, Japan, China, Singapore, and Australia. The expanding number of small and medium-sized businesses, as well as the use of digital technologies, are all driving up demand for network monitoring.
The Network Performance Monitoring and Diagnostic Tool Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Network Performance Monitoring and Diagnostic Tool Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers the Network Performance Monitoring and Diagnostic Tool Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Network Performance Monitoring and Diagnostic Tool Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Network Performance Monitoring and Diagnostic Tool Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: SolarWinds Corporation (NYSE: SWI), NETSCOUT Systems Inc (NASDAQ: NTCT), Paessler |
Forecast Period 2022 to 2028 CAGR | CAGR of 15.6% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | SolarWinds Corporation (NYSE: SWI), NETSCOUT Systems Inc (NASDAQ: NTCT), Paessler, LogicMonitor, Zabbix, Nagios Core, ThousandEyes, Inc., Ipswitch, Untangle, Intermapper, ManageEngine, Hewlett Packard Enterprise Co (NYSE: HPE), Amazon.com, Inc (NASDAQ: AMZN), and Other |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 162 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Network Performance Monitoring and Diagnostic Tool Market is studied from 2017 - 2027.
What is the growth rate of the Network Performance Monitoring and Diagnostic Tool Market?
The Network Performance Monitoring and Diagnostic Tool Market is growing at a CAGR of 15.6% over the next 5 years.
Who are the key players in Network Performance Monitoring and Diagnostic Tool Market?
SolarWinds Corporation (NYSE: SWI), NETSCOUT Systems Inc (NASDAQ: NTCT), Paessler, LogicMonitor, Zabbix, Nagios Core, ThousandEyes, Inc., Ipswitch, Untangle, Intermapper, ManageEngine, Hewlett Packard Enterprise Co (NYSE: HPE), Amazon.com, Inc (NASDAQ: AMZN), and Other
What regions does this Network Performance Monitoring and Diagnostic Tool Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Network Performance Monitoring and Diagnostic Tool Market?
On-premise, Cloud-Based
What are the major end-use applications of the Network Performance Monitoring and Diagnostic Tool Market?
Individual, Commercial, Other
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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