Network Monitoring Market Size, Share, Trend, Forecast, & Industry Analysis

Business

Source: Network Monitoring Market Size, Share, Trend, Forecast, & Industry Analysis

The network monitoring market is estimated to grow from USD 2.31 billion in 2022 to reach USD 3.53 billion by 2028 at an impressive CAGR of 7.32% during the forecast period. Cloud computing, IoT, linked devices, and VoIP have all contributed to the market's expansion. To expand their market position, vendors are focusing on providing reliable and uninterruptible real-time network information. Telecom providers are investing heavily in the industry to boost modulation in bandwidth and frequency.