What is the size of Virtualized Network Testing and Monitoring Market?

The Global Virtualized Network Testing and Monitoring Market was projected to be $2.3 billion in 2022, and by 2030 it is anticipated to be worth $3.95 billion. The market is estimated to expand at a CAGR of 7% between 2023 and 2030.

What is virtualized network testing and monitoring?

Software-based solutions are used to test and monitor the functionality and security of network infrastructure in virtualized networks. It helps businesses to maintain the effectiveness of their virtualized networks, locate and fix problems, and actively control network performance.

What are the market's major growth drivers for virtualized network testing and monitoring?

The expanding use of cloud-based technologies, the requirement for secure network infrastructure, and the rising demand for cutting-edge network monitoring solutions are the main factors driving the virtualized network testing and monitoring market.

What are the most significant problems confronting the virtualized network testing and monitoring market?

The complexity of virtualized network infrastructures, a shortage of qualified professionals, and the high cost of establishing and maintaining network testing and monitoring solutions are the major difficulties confronting the virtualized network testing and monitoring industry.

Who are the key players in the virtualized network testing and monitoring market?

The key players in the virtualized network testing and monitoring market include Cisco Systems, Keysight Technologies, NetScout Systems, Viavi Solutions, Spirent Communications, Huawei Technologies, Nokia Corporation, Anritsu Corporation, EXFO Inc., and Accedian Networks Inc.