The enterprise segment held the largest share of the network monitoring market in 2021 and is expected to retain its dominant position throughout the forecast period. The enterprise segment is also projected to grow at the highest CAGR during the forecast period. Advanced enterprise applications require high-performance connectivity, constant uptime, high throughput, and high reliability to manage a vast amount of data. To fulfil these requirements, network monitoring is being incorporated into enterprises. Large enterprises across different industries have been undergoing digitization to improve their business processes. Enterprise systems have rapidly evolved in the past few years, owing to the rise in demand for data connectivity. Therefore, smooth and agile network infrastructure is the basic requirement for any business or industry in this digital era. Network performance can be improved by examining all network processes using these network monitoring systems. Moreover, it can save organizations from facing potential revenue losses as these systems keep track of network infrastructure and detect hardware failures. Thus, the use of network monitoring systems has increased in enterprises.
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