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Global real time network monitoring tool market: 5.2% CAGR growth expected between 2012-2016

Press release   •   Aug 21, 2013 16:04 BST

The Global Real Time Network Monitoring Tool market is to grow at a CAGR of 5.22 percent over the period 2012-2016. One of the key factors contributing to this market is the improved network maintenance facilitated by these solutions. The Global Real Time Network Monitoring Tool market has also been witnessing increasing customization of products. However, increasing threat from network management solutions could pose a challenge to the growth of this market.

The main trend witnessed by the Global Real Time Network Monitoring Tool market is increasing focus toward product customization. The vendors are not only facing stiff competition from their counterparts but are also facing increased competition from network management solution vendors. Hence, in order to tackle the competition, the vendors are providing customized solutions to the end-users based on their requirements. Hence, the end-users can opt for the properties which are required for their organization and they need not pay extra for the services which are not required.

The main factor which is driving the market is the improved network maintenance provided by these monitoring tools. The network monitoring tool helps the network managers to efficiently manage the complex networks by 24/7 network vigilance and thereby provide improved network maintenance.

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