Gigamon Maintains Leadership Position with 63% Market Share in Deep Observability Market

Wednesday, 3 April 2024, 14:00

Gigamon, a top player in the deep observability sector, continues its dominance with a 63% market share and 43% year-over-year growth in 2023, as highlighted in the latest 650 Group Research report. The deep observability market experienced a significant 61% growth in 2023, driven by the rise of hybrid cloud infrastructures. This trend is expected to persist, with a projected compound annual growth rate (CAGR) of 40%.
https://store.livarava.com/0f431fed-f1c4-11ee-894d-87cc5c87fb08.jpg
Gigamon Maintains Leadership Position with 63% Market Share in Deep Observability Market

Gigamon Maintains Dominance in Deep Observability Market

SANTA CLARA, Calif., April 03, 2024--Gigamon, a prominent deep observability company, has once again solidified its position as a key player in the market. The company achieved an impressive 63 percent market share and observed a substantial 43 percent Year-over-Year growth in 2023.

Market Insights by 650 Group

The latest report from 650 Group, a respected market intelligence research firm, underlines Gigamon's continued leadership in the deep observability sector.

  • Market Growth: The deep observability market expanded by 61% in 2023.
  • Hybrid Cloud Adoption: Organizations are increasingly adopting hybrid cloud infrastructures.
  • Future Forecast: The market is anticipated to grow at a CAGR of 40%.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe