Europe Network Monitoring Market Size, Share & Industry Trends Analysis Report By Bandwidth, By End User, By Technology (Ethernet, Fiber Optic and InfiniBand), By Offerings (Software & Services and Equipment),By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Network Monitoring Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
Thresholds are crucial in network monitoring at this point. The business application determines the threshold limits, which vary from device to device. Setting up thresholds facilitates proactive monitoring of the services and resources being used by servers and networking equipment. Based on the user preference and requirement, each device may have a threshold or an interval value defined. A multi-level threshold can help categorize and analyze any issue identified. Network monitoring notifications can be increased using thresholds to spot problems before they become severe.
Data can only become useful when it is clearly conveyed to the target demographic. Critical metrics should be grasped by users and IT administrators as soon as they sign in. Key metrics from firewalls, routers, switches, servers, services, applications, URLs, printers, UPSs, and other infrastructure devices should be included in a network dashboard that gives a quick overview of the current state of the network. Administrators can easily troubleshoot issues and remotely monitor devices with the use of widgets that track the necessary specifics and performance graphs in real-time.
Many businesses in this region are making significant investments in the development of reliable network connectivity. Additionally, since working from home has become the norm in many nations, people are spending money to improve network access in their houses. This region would witness a spike in demand for a wide variety of network devices throughout the coming years as a result of this evolving preference and high emphasis on network connectivity. In addition, according to the International Trade Administration, the ICT sector has been given priority by the German government.
The Germany market dominated the Europe Network Monitoring Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $211.3 million by 2028. The UK market is anticipated to grow at a CAGR of 5.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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:
- 1&10 Gbps
- 40 Gbps
- 100 Gbps
By End User
- Telecommunications Industry
- Government Organizations
- Cloud Service Providers
- Fiber Optic
- Software & Services
- Network TAPs
- Data Monitoring Switches
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
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