The global network monitoring technology market is projected to expand at a CAGR of 7.4% from 2023 to 2031 and reach US$ 4.1 Bn by 2031. Significant demand for real-time networking solutions such as security, scheduling, monitoring, aggregation of data, and fault diagnosis among cloud service providers, government organizations, and enterprises is expected to drive the network monitoring technology industry. Surge in adoption of cloud-based network monitoring tools and AI and machine learning network monitoring methods is anticipated to bolster market development.
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