A network performance (e.g., latency and bandwidth) measurement infrastructure for large scale networks based on self-organized probing groups of devices. Each group of devices has a lead device that measures network characteristics, and then shares the measurement information with other devices. This grouping method reduces the amount of network bandwidth needed for adequate measurements, while still providing necessary information to individual devices. The system utilizes a novel multicast-based algorithm that is adopted for both intra-group and inter-group performance measurement. The measurement groups (MeGroups) are dynamic and self-forming, and use a set of heuristic algorithms to optimize the dynamic groupings.