Global Network Monitoring Market Competitive Landscape and Drivers: Datadog Occupied the Biggest Revenue Share with 18.58%
The global network monitoring market is projected to reach USD 2.5 billion in 2024, with a CAGR of 10% during 2024-2029. Definition Network monitoring, a subset of network management, is a systematic attempt by a computer network to identify slow or failing components before they cause problems. For example, crashed, frozen, or overloaded servers; failed switches; failing routers; and other troublesome components can all potentially cause outages or network failures. Should some problem arise and trigger an outage, it is the role of the network monitoring system to alert the network administrator in a timely way. Network monitoring tools and systems constantly monitor a network’s health and reliability by tracking and logging network parameters and searching for trends. Top Companies In 2023, Datadog was the company with the largest market share in the industry, accounting for 18.58% of the revenue…