Network fault monitoring tools displays network indicates slowdown or outages which hampers the enterprises’ ability to do business. Enterprises often face difficulty in diagnosing the causes of outages and slowdown which is the factor why enterprises are opting for network fault monitoring tools in order to maximize their efficiency. Network fault monitoring tools aid enterprises by supporting more complex technologies and services with network visibility, performance issue detection and others. Key players of network fault monitoring tools are continuously innovating their solutions such as offering support for software-defined environment, cloud monitoring solutions, and more flexible deployment models. Network fault monitoring tools enables IT operations to recognize the performance of application, infrastructure and network components through network instrumentation. These tools also offer insights to the quality of end-user experience. The function of network fault monitoring tool is to monitor network traffic, facilitate outages, and identify optimization opportunities.
Recently there is a rise in demand for network services among the population who expect better quality services. Growing importance to minimize the negative impacts of faults, rising dependence on software based security solutions in order to address various compliance and insurance requirements, and increasing interest on paper-less administrative operations across various organizations, are the key factors driving the growth in revenue of global network fault monitoring tools market.
Life span of hardware where network fault monitoring tools are deployed is impacted due to heavy amount of strain due to network I/O and disk I/O activities. It is challenging to select the appropriate network fault monitoring tool due to the above factor that impacts the global network fault monitoring tool market negatively.
Global Network Fault Monitoring Tools Market: Segmentation, Regional Outlook and Competition Landscape
Global network fault monitoring tools market can be segmented into deployment type, size of enterprise, and regions.; On the basis of deployment type, global network fault monitoring tools market can be segmented into on-premise and hosted.; On the basis of size of enterprise, global network fault monitoring tools market can be segmented into small enterprise, medium enterprise and large enterprise.
Based on the geographic region, network fault monitoring tools market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific excluding Japan, and the Middle East & Africa. Presently, North America and Europe regions are holding the largest market share for network fault monitoring tools market due to high rate of adoption among the enterprises based in these regions and many large players having their research and innovation centers in these regions. Among all regions, in terms of revenue, Asia Pacific is anticipated as the fastest growing network fault monitoring tools market, owing to the rising security standards and efficiency across various sectors, including manufacturing, hospitality, information technology and education.
Some of the key players for network fault monitoring tools market are AppNeta, Viavi Solutions Inc., Cisco Systems, Inc., NetScout, ExtraHop Networks, Riverbed Technology, SevOne, LiveAction, HP Enterprises, and SolarWinds Worldwide, LLC., CA Technologies.
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