The North America Network Monitoring Market is expected to witness market growth of 5.9% CAGR during the forecast period (2022-2028).
To reduce the impact on network performance when monitoring a network along with its devices, it is generally recommended to use a secure, low-bandwidth network management protocol. The majority of network devices, Linux servers, and Windows devices support the SNMP, or Simple Network Management Protocol, and CLI protocols. One of the extensively used network protocols for managing and monitoring network components is SNMP. An SNMP agent is typically equipped with network components. Simply enable and configure them so they can interact with the network management system. Giving the device read-write access via SNMP allows for total control.
One can change the device's whole settings via SNMP. By establishing SNMP read/write access and limiting control for other users, a network monitoring system aids the administrator in taking complete control of the network. Network failures can be quite expensive. The end-user often notifies the network management team of a problem with the network. This is due to a subpar proactive enterprise network monitor strategy. Real-time network monitoring's main problem is proactively identifying performance bottlenecks.
Before the pandemic, digital transformation in Canada was well underway, but the need to integrate and create technology throughout the pandemic has provided more speed to the sector. Investment in centralized processing power is expected to likely to rise in the near future, but edge computing and IoT may experience a rapid rise in the coming years in order to enhance network performance and resource availability. According to the International Trade Administration, omnipresent IoT will be the new norm with the improved node as well as privacy benefits. IoT devices, which range from sensors to smart houses, are anticipated to expand alongside edge computing. Investments in IoT technology are anticipated to increase by 13.6% per year. IoT growth will depend heavily on security.
The US market dominated the North America Network Monitoring Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $782.3 million by 2028. The Canada market is poised to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 7.4% during (2022 - 2028).
Based on Bandwidth, the market is segmented into 1&10 Gbps, 40 Gbps and 100 Gbps. Based on End User, the market is segmented into Enterprises, Telecommunications Industry, Government Organizations and Cloud Service Providers. Based on Technology, the market is segmented into Ethernet, Fiber Optic and InfiniBand. Based on Offerings, the market is segmented into Software & Services and Equipment. Based on Equipment Type, the market is segmented into Network TAPs and Data Monitoring Switches. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., SolarWinds Corporation, Juniper Networks, Inc., Arista Networks, Inc., NetScout Systems, Inc., Broadcom, Inc., Netgear, Inc., Keysight Technologies, Inc., Viavi Solutions, Inc., and Accedian Networks, Inc.
To reduce the impact on network performance when monitoring a network along with its devices, it is generally recommended to use a secure, low-bandwidth network management protocol. The majority of network devices, Linux servers, and Windows devices support the SNMP, or Simple Network Management Protocol, and CLI protocols. One of the extensively used network protocols for managing and monitoring network components is SNMP. An SNMP agent is typically equipped with network components. Simply enable and configure them so they can interact with the network management system. Giving the device read-write access via SNMP allows for total control.
One can change the device's whole settings via SNMP. By establishing SNMP read/write access and limiting control for other users, a network monitoring system aids the administrator in taking complete control of the network. Network failures can be quite expensive. The end-user often notifies the network management team of a problem with the network. This is due to a subpar proactive enterprise network monitor strategy. Real-time network monitoring's main problem is proactively identifying performance bottlenecks.
Before the pandemic, digital transformation in Canada was well underway, but the need to integrate and create technology throughout the pandemic has provided more speed to the sector. Investment in centralized processing power is expected to likely to rise in the near future, but edge computing and IoT may experience a rapid rise in the coming years in order to enhance network performance and resource availability. According to the International Trade Administration, omnipresent IoT will be the new norm with the improved node as well as privacy benefits. IoT devices, which range from sensors to smart houses, are anticipated to expand alongside edge computing. Investments in IoT technology are anticipated to increase by 13.6% per year. IoT growth will depend heavily on security.
The US market dominated the North America Network Monitoring Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $782.3 million by 2028. The Canada market is poised to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 7.4% during (2022 - 2028).
Based on Bandwidth, the market is segmented into 1&10 Gbps, 40 Gbps and 100 Gbps. Based on End User, the market is segmented into Enterprises, Telecommunications Industry, Government Organizations and Cloud Service Providers. Based on Technology, the market is segmented into Ethernet, Fiber Optic and InfiniBand. Based on Offerings, the market is segmented into Software & Services and Equipment. Based on Equipment Type, the market is segmented into Network TAPs and Data Monitoring Switches. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., SolarWinds Corporation, Juniper Networks, Inc., Arista Networks, Inc., NetScout Systems, Inc., Broadcom, Inc., Netgear, Inc., Keysight Technologies, Inc., Viavi Solutions, Inc., and Accedian Networks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- IT & Telecom
- BFSI
- Manufacturing & Automotive
- Retail
- Government & Public Sector
- Healthcare & Life Sciences
- Others
By Component
- Solution
- Services
By Deployment Type
- On-premise
- Cloud
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Enforcement Point
- Workstations
- Servers
- Mobile Devices
- Point of Sale Terminals
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Broadcom, Inc.
- Cisco Systems, Inc.
- Microsoft Corporation
- OpenText Corporation
- Crowdstrike Holdings, Inc.
- McAfee Corp.
- VMware, Inc.
- Palo Alto Networks, Inc.
- SentinelOne, Inc.
- Cybereason Inc.
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Network Monitoring Market by Bandwidth
Chapter 5. North America Network Monitoring Market by End User
Chapter 6. North America Network Monitoring Market by Technology
Chapter 7. North America Network Monitoring Market by Offerings
Chapter 8. North America Network Monitoring Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Cisco Systems, Inc.
- SolarWinds Corporation
- Juniper Networks, Inc.
- Arista Networks, Inc.
- NetScout Systems, Inc.
- Broadcom, Inc.
- Netgear, Inc.
- Keysight Technologies, Inc.
- Viavi Solutions, Inc.
- Accedian Networks, Inc.
Methodology
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