A significant shift is occurring in the network performance management (NPM) market. In an effort to understand the user experience more effectively, NPM is moving from monitoring individual devices to a much more holistic and unified approach. This is in keeping with current trends where companies are redefining performance management from individual elements, networks, and simple applications into a more unified approach centered on service delivery.
New analysis from Frost & Sullivan (testandmeasurment.frost.com), Analysis of Global Network Performance Management Market for Enterprises, finds that the enterprise NPM market generated revenue of $1.95 billion in 2012 and estimates this to reach $4.83 billion in 2019. The research covers distributed environments and evaluation laboratories segments.
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"The NPM market is driven by the increased demand for integrated solutions that unify the management of applications, infrastructure and networks," noted Frost & Sullivan Senior Research Analyst Mariano Kimbara. "The next generation of network performance is focused on making the link to the underlying infrastructure that can truly understand service quality, identify problems more quickly, and drive higher service quality from start to finish."
Providing a single source-of-truth on business transaction performance, improving IT productivity, and increasing collaboration across diverse IT teams are becoming essential requirements in the NPM market.
"Today, it is really difficult to deal with the vast complexity of inter-process communication delivered and scaling with large network environments, running several applications at the same time," stated Frost & Sullivan Program Manager Olga Yashkova-Shapiro. "A key market driver, therefore, is the ability to understand all those applications together in a converged way."
While the need for a holistic and unified solution is energizing the NPM market, hybrid cloud infrastructures are also set to play their part in pushing market growth.
As network performance becomes more critical to achieving business objectives, organizations are relying more upon cloud services and third-party delivery of functionality and content to enhance user experience, accelerate time to market, and manage costs.
"There is an intensifying need in the NPM market to ensure reliable delivery of services in rapidly a changing environment with comprehensive and scalable support for physical, virtual and cloud infrastructures," remarked Yashkova-Shapiro. "Companies that truly stand out in the market are focused on providing deep visibility, real-time reporting, and proactive analysis into how well IT is delivering business services across physical, virtual and cloud environments."
Analysis of Global Network Performance Management Market for Enterprises is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan’s related research services include: What the Future Holds for Application Performance Management Market, Analysis of the Global Customer Experience Monitoring Market, Analysis of the Chinese Mobile Data Monitoring Market, High Growth Opportunity: LTE Test Equipment Market, Global Service Assurance Test Equipment Market among others. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Analysis of Global Network Performance Management Market for Enterprises / NBCA-30