The North America Network Performance Monitoring Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
Malfunctioning network hardware has a substantial impact on network performance, and early detection of this can stop it. This makes network device monitoring extremely important. The first step in effective network performance monitoring is to identify the devices and the pertinent performance indicators to be looked at.
The second step entails selecting the monitoring interval. PCs and printers are not necessary and do not require frequent monitoring. In contrast, servers, routers, and switches perform activities that are vital to corporate operations while also having diverse parameters that can be checked only when necessary. Network analysts and administrators can use network performance monitoring to evaluate performance indicators and identify any issues or threats.
Network performance monitoring tools will help with data collection from servers as well as other connected devices, along with the management of connected devices. A network performance monitoring application will then examine the data to find any congestion or bottleneck regions, enabling the network to increase throughput once fixed. To simplify the process, a number of these tools could also be automated.
Digital transformation in Canada was already gaining momentum before the pandemic, but the need to integrate and develop technology throughout the outbreak has given the sector a boost in speed. In order to improve network speed and resource availability, investments in centralized processing power are projected to increase in the near future. However, edge computing and IoT may undergo a significant increase during this time. The International Trade Administration claims that the better node and privacy advantages will make omnipresent IoT the new benchmark. Alongside edge computing, IoT devices, which range from sensors, and wireless networks to smart homes, are expected to grow in number. This supports the growth of the regional market.
The US market dominated the North America Network Performance Monitoring Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $801.3 million by 2028.The Canada market is poised to grow at a CAGR of 8.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.7% during (2022 - 2028).
Based on End User, the market is segmented into IT & Telecom Service Providers, Cloud Service Providers, Governments & Public Sector Units and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Sized Enterprises. Based on Component, the market is segmented into Hardware and Service. Based on Hardware Type, the market is segmented into Network Performance Monitoring Platforms, Network Terminal Access Points (TAPs), Network Access Control (NAC) Appliances and Network Packet Brokers (NPBs) Appliances. 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 Broadcom, Inc., Microsoft Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Keysight Technologies, Inc., SolarWinds Worldwide, LLC, LogicMonitor, Inc., Paessler AG, Profitap HQ B.V., and Nagios Enterprises, LLC.
Malfunctioning network hardware has a substantial impact on network performance, and early detection of this can stop it. This makes network device monitoring extremely important. The first step in effective network performance monitoring is to identify the devices and the pertinent performance indicators to be looked at.
The second step entails selecting the monitoring interval. PCs and printers are not necessary and do not require frequent monitoring. In contrast, servers, routers, and switches perform activities that are vital to corporate operations while also having diverse parameters that can be checked only when necessary. Network analysts and administrators can use network performance monitoring to evaluate performance indicators and identify any issues or threats.
Network performance monitoring tools will help with data collection from servers as well as other connected devices, along with the management of connected devices. A network performance monitoring application will then examine the data to find any congestion or bottleneck regions, enabling the network to increase throughput once fixed. To simplify the process, a number of these tools could also be automated.
Digital transformation in Canada was already gaining momentum before the pandemic, but the need to integrate and develop technology throughout the outbreak has given the sector a boost in speed. In order to improve network speed and resource availability, investments in centralized processing power are projected to increase in the near future. However, edge computing and IoT may undergo a significant increase during this time. The International Trade Administration claims that the better node and privacy advantages will make omnipresent IoT the new benchmark. Alongside edge computing, IoT devices, which range from sensors, and wireless networks to smart homes, are expected to grow in number. This supports the growth of the regional market.
The US market dominated the North America Network Performance Monitoring Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $801.3 million by 2028.The Canada market is poised to grow at a CAGR of 8.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.7% during (2022 - 2028).
Based on End User, the market is segmented into IT & Telecom Service Providers, Cloud Service Providers, Governments & Public Sector Units and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Sized Enterprises. Based on Component, the market is segmented into Hardware and Service. Based on Hardware Type, the market is segmented into Network Performance Monitoring Platforms, Network Terminal Access Points (TAPs), Network Access Control (NAC) Appliances and Network Packet Brokers (NPBs) Appliances. 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 Broadcom, Inc., Microsoft Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Keysight Technologies, Inc., SolarWinds Worldwide, LLC, LogicMonitor, Inc., Paessler AG, Profitap HQ B.V., and Nagios Enterprises, LLC.
Scope of the Study
Market Segments Covered in the Report:
By End User
- IT & Telecom Service Providers
- Cloud Service Providers
- Governments & Public Sector Units
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Sized Enterprises
By Component
- Hardware
- Network Performance Monitoring Platforms
- Network Terminal Access Points (TAPs)
- Network Access Control (NAC) Appliances
- Network Packet Brokers (NPBs) Appliances
- Service
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Broadcom, Inc
- Microsoft Corporation
- Cisco Systems, Inc
- Juniper Networks, Inc
- Keysight Technologies, Inc
- SolarWinds Worldwide, LLC
- LogicMonitor, Inc
- Paessler AG
- Profitap HQ B.V
- Nagios Enterprises, LLC
Unique Offerings
- 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 & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Network Performance Monitoring Market, by End User
1.4.2 North America Network Performance Monitoring Market, by Enterprise Size
1.4.3 North America Network Performance Monitoring Market, by Component
1.4.4 North America Network Performance Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2020, Oct - 2023, Jan) Leading Players
Chapter 4. North America Network Performance Monitoring Market by End User
4.1 North America IT & Telecom Service Providers Market by Country
4.2 North America Cloud Service Providers Market by Country
4.3 North America Governments & Public Sector Units Market by Country
4.4 North America Other End User Market by Country
Chapter 5. North America Network Performance Monitoring Market by Enterprise Size
5.1 North America Large Enterprises Market by Country
5.2 North America Small & Medium Sized Enterprises Market by Country
Chapter 6. North America Network Performance Monitoring Market by Component
6.1 North America Hardware Market by Country
6.2 North America Network Performance Monitoring Market by Hardware Type
6.2.1 North America Network Performance Monitoring Platforms Market by Country
6.2.2 North America Network Terminal Access Points (TAPs) Market by Country
6.2.3 North America Network Access Control (NAC) Appliances Market by Country
6.2.4 North America Network Packet Brokers (NPBs) Appliances Market by Country
6.3 North America Service Market by Country
Chapter 7. North America Network Performance Monitoring Market by Country
7.1 US Network Performance Monitoring Market
7.1.1 US Network Performance Monitoring Market by End User
7.1.2 US Network Performance Monitoring Market by Enterprise Size
7.1.3 US Network Performance Monitoring Market by Component
7.1.3.1 US Network Performance Monitoring Market by Hardware Type
7.2 Canada Network Performance Monitoring Market
7.2.1 Canada Network Performance Monitoring Market by End User
7.2.2 Canada Network Performance Monitoring Market by Enterprise Size
7.2.3 Canada Network Performance Monitoring Market by Component
7.2.3.1 Canada Network Performance Monitoring Market by Hardware Type
7.3 Mexico Network Performance Monitoring Market
7.3.1 Mexico Network Performance Monitoring Market by End User
7.3.2 Mexico Network Performance Monitoring Market by Enterprise Size
7.3.3 Mexico Network Performance Monitoring Market by Component
7.3.3.1 Mexico Network Performance Monitoring Market by Hardware Type
7.4 Rest of North America Network Performance Monitoring Market
7.4.1 Rest of North America Network Performance Monitoring Market by End User
7.4.2 Rest of North America Network Performance Monitoring Market by Enterprise Size
7.4.3 Rest of North America Network Performance Monitoring Market by Component
7.4.3.1 Rest of North America Network Performance Monitoring Market by Hardware Type
Chapter 8. Company Profiles
8.1 Broadcom, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Microsoft Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Cisco Systems, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 SolarWinds Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research and Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Keysight Technologies, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.6 Juniper Networks, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Logic Monitor, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Paessler AG
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.9 Profitap HQ B.V
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. Nagios Enterprises LLC
8.10.1 Company Overview
Companies Mentioned
- Broadcom, Inc.
- Microsoft Corporation
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Keysight Technologies, Inc.
- SolarWinds Worldwide, LLC
- LogicMonitor, Inc.
- Paessler AG
- Profitap HQ B.V.
- Nagios Enterprises, LLC
Methodology
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