What are the recent trends in market size and growth for the network monitoring market?
The network monitoring market size has grown strongly in recent years. It will grow from $2.84 billion in 2024 to $3.04 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rise in complexity of network environments, growing cybersecurity concerns, increased emphasis on performance optimization, compliance and regulatory requirements, expanding scale of IT infrastructure.
The network monitoring market size is expected to see rapid growth in the next few years. It will grow to $4.76 billion in 2029 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to rise in cloud-based network deployments, growing importance of application performance monitoring (APM), integration with artificial intelligence (AI) and machine learning (ML), emergence of edge computing networks, focus on network automation and orchestration. Major trends in the forecast period include hybrid and multi-cloud network monitoring solutions, focus on end-user experience monitoring, collaboration with network security solutions, integration of 5G network monitoring capabilities, compliance with data privacy regulations.
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What have been the primary factors driving the network monitoring market’s growth?
The rising popularity of SaaS-based network monitoring solutions is expected to propel the growth of the network monitoring market going forward. Software as a service is a method of software distribution where a cloud provider hosts programs and makes them accessible to customers online. SaaS network monitoring enhances visibility, awareness, and the capacity to handle issues without relying on a service provider’s help desk by providing real-time data directly from the user’s browser. Network monitoring is a cloud-based SaaS infrastructure monitoring service that refers to the gathering, storage, and analysis of network performance monitoring data in a SaaS repository as opposed to conventional physical or virtual appliances. For instance, according to BetterCloud’s 2023 report, the demand for Software as a Service (SaaS) applications continues to grow significantly, with organizations now utilizing an average of 130 apps, reflecting an 18% increase in 2023. Therefore, the rising popularity of SaaS-based network monitoring solutions is driving the demand for the network monitoring market.
What are the key segments within the network monitoring market?
The network monitoring market covered in this report is segmented –
1) By Offering: Equipment, Network TAPs, Data Monitoring Switches, Solutions and Services
2) By Bandwidth: 1 and 10 Gbps, 40 Gbps, 100 Gbps
3) By Enterprise Size: Large Enterprise, SMEs
4) By Applications: IT and Telecom, BFSI, Healthcare, Energy and Utilities, Government, Retail, Industrial, Other Applications
Subsegments:
1) By Equipment: Network Monitoring Appliances, Hardware Devices For Monitoring, Network Sensors
2) By Network Taps (Test Access Points): Passive Network Taps, Active Network Taps, Aggregating Network Taps
3) By Data Monitoring Switches: Managed Switches, Unmanaged Switches, Layer 2 And Layer 3 Switches
4) By Solutions And Services: Network Performance Monitoring Solutions, Security Monitoring Solutions, Consulting And Implementation Services, Support And Maintenance Services
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Which key players are shaping the network monitoring market?
Major companies operating in the network monitoring market include International Business Machines Corporation, Broadcom Inc., Keysight Technologies Inc., Juniper Networks Inc., Arista Networks Inc., Splunk Inc., VIAVI Solutions Inc., Cisco Systems Inc., Datadog Inc., ManageEngine Inc., Riverbed Technology Inc., Netgear Inc., Netscout Systems Inc., SolarWinds Inc., Dynatrace LLC, Gigamon Inc., ExtraHop Networks Inc., SevOne Inc., LogicMonitor Inc., Paessler AG, Kentik Inc., AppNeta Inc., Accedian Networks Inc., Calient Technologies LLC, Garland Technology Inc., Plixer International Inc., Big Switch Networks Inc., Nagios Enterprises LLC, Motadata Inc., Apcon Technologies Inc.
How will emerging trends drive the network monitoring market throughout the forecast period?
Technological advancements have emerged as a key trend gaining popularity in the network monitoring market going forward. Major companies operating in the network monitoring market are focused on developing new technological solutions to strengthen their position in the market. For instance, in June 2024, Datadog, Inc, a US-based monitoring and security platform for cloud applications, announced significant enhancements to its security product portfolio. The latest offerings include Agentless Scanning, Data Security, and Code Security features. These innovations are designed to empower DevOps and security teams to seamlessly secure their code, cloud environments, and production applications, enhancing overall security posture across the development lifecycle.
How do regional factors impact the network monitoring market, and which region is the largest contributor?
The countries covered in the network monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Network Monitoring Market Report 2025 Offer?
The network monitoring market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Network monitoring refers to the process of checking a computer network on a regular basis for problems such as delayed traffic or component failure. In order to immediately alert network administrators to issues via text, email, or other applications, network monitoring systems continuously scan the network.
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