Network Performance Monitoring and Diagnostics (NPMD) market size is expected to reach USD 7.93 Billion in 2028 and register a steady revenue CAGR of 15.8% over the forecast period, Robust revenue growth of the global Network Performance Monitoring and Diagnostics (NPMD) market is attributed to emergence of new approaches to harvest network data by using sophisticated big data techniques combined with Machine Learning (ML) and cloud computing.
Technological advancements and rapid digitalization are major factors prompting enterprises to comprise several interconnected networks. Demand for higher bandwidth from enterprises is another factor driving revenue growth of the market. NPMD also help provide uninterrupted network services to customers and enables continuous availability, which is critical for uninterrupted business operations. It minimizes damage, maintains track of network security, reduces loss of productivity in an organization, secures infrastructure from cyberattacks, and addresses network issues.
Emergen Research has recently published a new report on the Global Network Performance Monitoring and Diagnostics market that offers key insights about the regional and global scope of the Network Performance Monitoring and Diagnostics market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
Cloud-based network performance monitoring and diagnostics is gaining traction due to rapid integration of the Artificial Intelligence (AI), Internet of Things (IoT), evolution of 5G networks, predictive analytics, and ML. Rising demand for highly scalable and reliable network monitoring equipment is also support market growth. In addition, need for more robust network monitoring capabilities to ensure smooth operation of mission-critical infrastructure and need to resolve downtime issues more rapidly are propelling adoption of this technology.
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Key Highlights From the Report
Android segment accounted for a significantly large revenue share in 2020 as android-based network monitoring apps are designed for users who want to control outgoing and incoming traffic on their devices. This software displays information on all Internet connections, apps, and services that use Internet traffic and IP-addresses that these apps and services connect with.
Small- and medium-sized enterprises are continuously adopting network performance monitoring and diagnostics to protect their infrastructure from security threats. Rising demand for uninterrupted network services, increasing use of smart home devices, and vigorous network monitoring are factors fueling growth of this segment.
Telecommunication segment revenue is expected to grow at a rapid rate during the forecast period, owing to rise in demand for data connectivity. Management of these systems has become tedious in terms of functionality, infrastructure, and scope management. By using network monitoring, the telecommunication industry can keep a track of its infrastructure and detect discrepancies or hardware failures that can cause potential loss in revenue.
The report also discusses the key players involved in the market such as Cisco Systems Inc., SolarWinds Inc., Broadcom Corporation, Ipswitch Inc., NetBrain, ManageEngine, Riverbed Technology, Inc., Paessler, LogicMonitor, and AppNeta. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Network Performance Monitoring and Diagnostics market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
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The report further segments the global Network Performance Monitoring and Diagnostics market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
Emergen Research has segmented the global network performance monitoring and diagnostics market on the basis of product type, application, organization size, end use, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Device Polling Technology
Application Outlook (Revenue, USD Billion; 2018–2028)
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Small- and Medium-sized Enterprises
End-use Outlook (Revenue, USD Billion; 2018–2028)
Telecom Service Providers
Cloud Service Providers
Managed Service Providers
Network Service Providers
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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional Outlook (Revenue, USD Billion; 2018–2028)
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
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