[297 Pages Report] The global network fault monitoring tools market size is expected to reach a valuation of USD 2,157.34 Million in 2022. The increased demand for cloud services, as well as the rising demand for resilient network fault monitoring systems to quickly settle downtime issues, as well as the necessity for continuous monitoring because of greater network complexities and security concerns, is the market's primary growth drivers.
The market for network fault monitoring tools is projected to grow at a robust CAGR of 5.5% between 2022 and 2032, totaling around USD 3,673.0 Million by the end of 2032.
| Data Points | Key Statistics |
|---|---|
| Network Fault Monitoring Tools Market Size (2022) | USD 2,157.34 Million |
| Network Fault Monitoring Tools Market Revenue Forecast (2032) | USD 3,673.0 Million |
| Network Fault Monitoring Tools Market Growth Rate (2022 to 2032) | 5.5% CAGR |
| North America Market Share | 37% |
Network fault maximizing tools demonstrate network implies slowdown or interruptions which impede the enterprises’ capacity to operate. Enterprises frequently have difficulty able to diagnose the causes of disruptions and slowdowns, which is why they are transforming to network fault monitoring tools to enhance their effectiveness. Network fault monitoring tools help industries by aiding with more complex services and technologies such as network visibility, performance issue detection, and others.
Network fault monitoring tool vendors are continually evolving their solutions, such as supporting software-defined environments, cloud monitoring solutions, and more hybrid deployment models. Through network instrumentation, network fault surveillance tools enable IT operations to recognize the achievement of application, infrastructure, and network components.
There has recently been an increase in the supply of network services among the community, who expect superior services. The increasing relevance of minimizing the negative effects of faults, the increasing reliance on software-based security solutions that address various compliance and efficient policies, and the surge of interest in paperless administrative operations across multiple organizations are the major factors driving the profitability growth of the global network fault monitoring tools market.
The life of hardware where network outage monitoring tools are implemented is shortened due to the large amount of strain caused by network and disc I/O activities. Because of the aforementioned factors, it is complicated to choose the ideal network fault monitoring tool, which has a negative influence on the global network fault monitoring tool market.
The Asia Pacific is predicted to be the fastest-growing network fault monitoring tools sector in terms of revenue, due to increased security protocols and efficiency across numerous industries including manufacturing, hospitality, information technology, and education.
The region has a large consumer base for managed network services due to its high inhabitants, growing economies, and increasing use of mobile and internet. With the escalating use of smart devices and the internet, it has become essential for the general public to have access to dependable and secure connections. This is what propels market growth in this region.
During the assessment period, the North American network services market is expected to expand at a rapid pace. North America is expected to continue at its current growth rate during the forecast period. Furthermore, North America is expected to dominate the regional market for network security software solutions, with a CAGR of 5%. As a result, these factors are expected to drive the demand for network fault monitoring tools in North America in the decades ahead.
Furthermore, the high rate of adoption among enterprises based in this region, as well as the presence of many large players with research and innovation centers in this region, are driving market expansion in North America. North America is accounting for a market share of 37% of the global network fault monitoring tools market.
Germany is expected to dominate regional market growth. Enhanced cloud computing technologies compel the expansion of the European market for managed network services. Due to the rapid rate of deployment among enterprises premised in this region and many big players having their research and advancement centers in this region, Europe has the largest market share for network fault monitoring tools.
Furthermore, the increasing dependence on software-based security solutions in a wide range of countries, including France, is driving up market demand for network fault monitoring tools in Europe. Europe holds 22.3% of the global network fault monitoring tools market.
Small enterprises, despite their size, play a significant role in the economy. They outnumber large corporations, employ a large number of people, and are generally entrepreneurial in nature, aiding in the shaping of innovation.
Over the forecast period, demand for small and medium-sized enterprise segments is expected to witness significant demand.
Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,
Some of the leading Network Fault Monitoring Tools manufacturers include AppNeta, Viavi Solutions Inc., Cisco Systems, Inc., NetScout, ExtraHop Networks, Riverbed Technology, SevOne, LiveAction, HP Enterprises, SolarWinds Worldwide, LLC., and CA Technologies.
These key network fault monitoring tool providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global network fault monitoring tools market. For instance,
ExtraHop Reveal(x) 360 provides fully SaaS-based network monitoring, while Reveal(x) Enterprise provides self-managed NDR. In July 2021, ExtraHop Reveal(x) was released by ExtraHop Networks.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.5% from 2022 to 2032 |
| Market Value in 2022 | USD 2,157.34 Million |
| Market Value in 2032 | USD 3,673.0 Million |
| Base Year for Estimates | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Deployment, Size of Enterprise, Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
| Key Countries Profiled | The USA, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, China, Japan, South Korea, Singapore, Thailand, Indonesia, Australia, New Zealand, GCC, South Africa, Israel |
| Key Companies Profiled | AppNeta; Viavi Solutions Inc.; Cisco Systems, Inc.; NetScout; ExtraHop Networks,; Riverbed Technology; SevOne; LiveAction; HP Enterprises; SolarWinds Worldwide LLC; CA Technologies |
| Report Customization & Pricing | Available upon Request |
Table 1: Global Market Value (US$ million) Forecast by Region, 2016 to 2032
Table 2: Global Market Value (US$ million) Forecast by Deployment Type, 2016 to 2032
Table 3: Global Market Value (US$ million) Forecast by Size of enterprise, 2016 to 2032
Table 4: North America Market Value (US$ million) Forecast by Country, 2016 to 2032
Table 5: North America Market Value (US$ million) Forecast by Deployment Type, 2016 to 2032
Table 6: North America Market Value (US$ million) Forecast by Size of enterprise, 2016 to 2032
Table 7: Latin America Market Value (US$ million) Forecast by Country, 2016 to 2032
Table 8: Latin America Market Value (US$ million) Forecast by Deployment Type, 2016 to 2032
Table 9: Latin America Market Value (US$ million) Forecast by Size of enterprise, 2016 to 2032
Table 10: Europe Market Value (US$ million) Forecast by Country, 2016 to 2032
Table 11: Europe Market Value (US$ million) Forecast by Deployment Type, 2016 to 2032
Table 12: Europe Market Value (US$ million) Forecast by Size of enterprise, 2016 to 2032
Table 13: Asia Pacific Market Value (US$ million) Forecast by Country, 2016 to 2032
Table 14: Asia Pacific Market Value (US$ million) Forecast by Deployment Type, 2016 to 2032
Table 15: Asia Pacific Market Value (US$ million) Forecast by Size of enterprise, 2016 to 2032
Table 16: MEA Market Value (US$ million) Forecast by Country, 2016 to 2032
Table 17: MEA Market Value (US$ million) Forecast by Deployment Type, 2016 to 2032
Table 18: MEA Market Value (US$ million) Forecast by Size of enterprise, 2016 to 2032
Figure 1: Global Market Value (US$ million) by Deployment Type, 2022 to 2032
Figure 2: Global Market Value (US$ million) by Size of enterprise, 2022 to 2032
Figure 3: Global Market Value (US$ million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ million) Analysis by Region, 2016 to 2032
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 7: Global Market Value (US$ million) Analysis by Deployment Type, 2016 to 2032
Figure 8: Global Market Value Share (%) and BPS Analysis by Deployment Type, 2022 to 2032
Figure 9: Global Market Y-o-Y Growth (%) Projections by Deployment Type, 2022 to 2032
Figure 10: Global Market Value (US$ million) Analysis by Size of enterprise, 2016 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Size of enterprise, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Size of enterprise, 2022 to 2032
Figure 13: Global Market Attractiveness by Deployment Type, 2022 to 2032
Figure 14: Global Market Attractiveness by Size of enterprise, 2022 to 2032
Figure 15: Global Market Attractiveness by Region, 2022 to 2032
Figure 16: North America Market Value (US$ million) by Deployment Type, 2022 to 2032
Figure 17: North America Market Value (US$ million) by Size of enterprise, 2022 to 2032
Figure 18: North America Market Value (US$ million) by Country, 2022 to 2032
Figure 19: North America Market Value (US$ million) Analysis by Country, 2016 to 2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 22: North America Market Value (US$ million) Analysis by Deployment Type, 2016 to 2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Deployment Type, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Deployment Type, 2022 to 2032
Figure 25: North America Market Value (US$ million) Analysis by Size of enterprise, 2016 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Size of enterprise, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Size of enterprise, 2022 to 2032
Figure 28: North America Market Attractiveness by Deployment Type, 2022 to 2032
Figure 29: North America Market Attractiveness by Size of enterprise, 2022 to 2032
Figure 30: North America Market Attractiveness by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ million) by Deployment Type, 2022 to 2032
Figure 32: Latin America Market Value (US$ million) by Size of enterprise, 2022 to 2032
Figure 33: Latin America Market Value (US$ million) by Country, 2022 to 2032
Figure 34: Latin America Market Value (US$ million) Analysis by Country, 2016 to 2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ million) Analysis by Deployment Type, 2016 to 2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Deployment Type, 2022 to 2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Deployment Type, 2022 to 2032
Figure 40: Latin America Market Value (US$ million) Analysis by Size of enterprise, 2016 to 2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Size of enterprise, 2022 to 2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Size of enterprise, 2022 to 2032
Figure 43: Latin America Market Attractiveness by Deployment Type, 2022 to 2032
Figure 44: Latin America Market Attractiveness by Size of enterprise, 2022 to 2032
Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 46: Europe Market Value (US$ million) by Deployment Type, 2022 to 2032
Figure 47: Europe Market Value (US$ million) by Size of enterprise, 2022 to 2032
Figure 48: Europe Market Value (US$ million) by Country, 2022 to 2032
Figure 49: Europe Market Value (US$ million) Analysis by Country, 2016 to 2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 52: Europe Market Value (US$ million) Analysis by Deployment Type, 2016 to 2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Deployment Type, 2022 to 2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Deployment Type, 2022 to 2032
Figure 55: Europe Market Value (US$ million) Analysis by Size of enterprise, 2016 to 2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by Size of enterprise, 2022 to 2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Size of enterprise, 2022 to 2032
Figure 58: Europe Market Attractiveness by Deployment Type, 2022 to 2032
Figure 59: Europe Market Attractiveness by Size of enterprise, 2022 to 2032
Figure 60: Europe Market Attractiveness by Country, 2022 to 2032
Figure 61: Asia Pacific Market Value (US$ million) by Deployment Type, 2022 to 2032
Figure 62: Asia Pacific Market Value (US$ million) by Size of enterprise, 2022 to 2032
Figure 63: Asia Pacific Market Value (US$ million) by Country, 2022 to 2032
Figure 64: Asia Pacific Market Value (US$ million) Analysis by Country, 2016 to 2032
Figure 65: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: Asia Pacific Market Value (US$ million) Analysis by Deployment Type, 2016 to 2032
Figure 68: Asia Pacific Market Value Share (%) and BPS Analysis by Deployment Type, 2022 to 2032
Figure 69: Asia Pacific Market Y-o-Y Growth (%) Projections by Deployment Type, 2022 to 2032
Figure 70: Asia Pacific Market Value (US$ million) Analysis by Size of enterprise, 2016 to 2032
Figure 71: Asia Pacific Market Value Share (%) and BPS Analysis by Size of enterprise, 2022 to 2032
Figure 72: Asia Pacific Market Y-o-Y Growth (%) Projections by Size of enterprise, 2022 to 2032
Figure 73: Asia Pacific Market Attractiveness by Deployment Type, 2022 to 2032
Figure 74: Asia Pacific Market Attractiveness by Size of enterprise, 2022 to 2032
Figure 75: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 76: MEA Market Value (US$ million) by Deployment Type, 2022 to 2032
Figure 77: MEA Market Value (US$ million) by Size of enterprise, 2022 to 2032
Figure 78: MEA Market Value (US$ million) by Country, 2022 to 2032
Figure 79: MEA Market Value (US$ million) Analysis by Country, 2016 to 2032
Figure 80: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 81: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 82: MEA Market Value (US$ million) Analysis by Deployment Type, 2016 to 2032
Figure 83: MEA Market Value Share (%) and BPS Analysis by Deployment Type, 2022 to 2032
Figure 84: MEA Market Y-o-Y Growth (%) Projections by Deployment Type, 2022 to 2032
Figure 85: MEA Market Value (US$ million) Analysis by Size of enterprise, 2016 to 2032
Figure 86: MEA Market Value Share (%) and BPS Analysis by Size of enterprise, 2022 to 2032
Figure 87: MEA Market Y-o-Y Growth (%) Projections by Size of enterprise, 2022 to 2032
Figure 88: MEA Market Attractiveness by Deployment Type, 2022 to 2032
Figure 89: MEA Market Attractiveness by Size of enterprise, 2022 to 2032
Figure 90: MEA Market Attractiveness by Country, 2022 to 2032
The global network fault monitoring tools market reached USD 2,157.34 Million in 2022
As per FMI, the network fault monitoring tools industry is expected to grow at a CAGR of 5.5% from 2022 to 2032
The global sales of network fault monitoring tools are anticipated to total a valuation of USD 3,673.0 Million by 2032
North America will continue to remain the most lucrative market for Network Fault Monitoring Toolss, accounting for a share of 37%
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Network Fault Monitoring Tools Market
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