New York, NY -- (SBWIRE) -- 04/16/2019 -- Global Networking Software Tool Market: Overview
Owing to the rapid increase in an enterprise networking the need for efficient and accurate network management is increasing. Hence the networking software tool deployment is rising over the past few years. Enterprises are using the networking software tools for monitoring and managing of the devices connected to the network. An enterprise uses this software for creating automation in the process of network management. Also, the software provides real-time analysis of the data on the network. Also, network software tool brings visibility in the network infrastructures. The vendors of network software tool are focusing on the software improvement as the enterprises are demanding for the more advanced features in this tool for network management such as firewall monitoring, network traffic management, and others. Networking software tool automatically discovers and monitor the IT infrastructure.
The deployment of the networking software tool is rising due to the increasing importance of maintaining the health of the network as well as performance improvement. Networking software tool market is expected to grow at significant CAGR over the forecast period as the vendors are coming up with innovations constantly and resulting in the rapid deployment by enterprises to manage their network.
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Global Networking Software Tool Market: Drivers and Restraints
The global market of networking software tool is expected to increase in the forecasted period in developed countries due to its features to determine if a device (interface) is up or down, view performance of devices such as bandwidth utilization and also get information about various health parameters like CPU utilization and temperature. Other factors contributing to the increasing demand for the network software tool are its ability to report the error in the network and troubleshooting the error in the network. In addition to this networking software tool market is also driven by the increasing preference for the more simplified way to manage a vast network to reduce the time and human errors in this process. On the other hand, data privacy issues, less awareness are the major challenges for the growth of networking software tool market.
Global Networking Software Tool Market: Segmentation
The networking software tool market is segmented on the basis of operating systems used by enterprises for running the networking software. Also, the market is segmented on the basis of applications performed using the network software tools. The market is segmented into three types of operating systems namely Windows, macOS, and Linux.
Based on applications the networking software tool market is segmented on the basis of applications performed using the Notification management Network Traffic Management, Network monitoring management, Network Performance measurement, others.
Global Networking Software Tool Market: Region wise outlook
The global Networking Software Tool Market is divided into eight regions, namely Eastern Europe, North America, Western Europe, Latin America, the Asia Pacific excluding Japan (APEJ), Japan, China and the Middle East and Africa (MEA). North America holds the major share for networking software tool market because of increasing complexities in the enterprise network and rising demand for improved connectivity followed by Latin America. Europe is also going to grow at a high rate in networking software tool market. APEJ region is expected to grow with highest CAGR because of the developing countries are undergoing rapid industrialization moreover China is expected to hold the highest share in revenue generation through networking software tool market. MEA is expected to grow at moderate CAGR over the forecast period.
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Global Networking Software Tool Market: Industry Key Players
Some of the companies who are providing networking software tool are SolarWinds Worldwide, LLC, Paessler AG, Zoho Corporation, ipswitch, Inc., Cisco, Nagios Enterprises, LLC, Zabbix LLC., Icinga, Datadog, LogicMonitor Inc., and others. The vendors are constantly focusing on deliverin a more advanced software with improved features.