The global network traffic analyzer market is forecast to reach USD 2.93 Billion by 2026, according to a new report by Reports and Data. Network traffic analysis is used for the purpose of reviewing, recording, and analyzing network traffic for security, performance, and general network operations & management. Extensive information exchange is one of the most significant results of advanced information technologies. This evolution has brought many benefits to our society when it comes to international cooperation, information dissemination, business opportunities, and more. The rapid adoption of technologies like the Internet of Things are exponentially creating more data threats. Network traffic analysis provides the network administrators the means to investigate and suggest responses and solutions quickly.
The research study comprises of vital information focusing on major market trends and estimated revenue growth rate. Additionally, the report highlights the market competition including the portfolios and strategic alliances and endeavors of the key competitors. It focuses on the mergers and acquisitions, joint ventures, partnerships, collaborations, product launches, brand promotions, and agreements, among others. The report also offers key insights about top companies in the market along with their company overview, business expansion plans, financial standing, production and manufacturing capacity, and global position.
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Key companies operating in the market include: SolarWinds, Cisco Systems, ManageEngine, NETSCOUT Systems, Ipswitch, Kentik, Genie Networks, Colasoft, Hewlett Packard Enterprise (HPE) Company, Nokia Corporation, Plixer, CA Technologies, and NetFlow Auditor, among others.
The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. The report also provides an extensive analysis of key regions where the market has established its presence. The report covers major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. A country-wise analysis is also included to offer better insights into regional spread of the Network Traffic Analyzer market.
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Component Outlook (Revenue, USD Million; 2016-2026)
- Solution
- Services
Deployment Mode Outlook (Revenue, USD Million; 2016-2026)
- Cloud
- On-Premises
Organization Size Outlook (Revenue, USD Million; 2016-2026)
- Small and Medium Sized Enterprise
- Large Enterprises
Based on application, the Network Traffic Analyzer market has been segmented into:
- Network Monitoring
- Network Security Management
- Traffic Management
- Customer Data Analysis
- Others
Industry Vertical Outlook (Revenue, USD Million; 2016-2026)
- Healthcare and Life Sciences
- Retail and E-commerce
- IT and Telecommunication
- Transport and Hospitality
- Banking, Financial Services, and Insurance (BFSI)
- Others
Further key findings from the report suggest
- Among the end uses the traffic management accounted for the largest market share of ~27% in the year 2018. Network traffic management manages, controls, and reduces network traffic whenever necessary. It is used to reduce internet bandwidth, for example, by the network scheduler. It is used by network administrators to minimize latency, congestion, and data loss.
- A cloud-deployed network provides better control over the network, allowing a firm to prioritize traffic between the system and the internet so that more bandwidth is available for essential users and applications.
- Network security management is forecasted to witness the highest growth rate of 6% during the forecast period. With the increasing dependence on technology, it is becoming crucial to secure every aspect of online information and data. As the internet penetrates and computer networks become complicated, data integrity has become one of the most significant elements for businesses to consider.
- A stable and efficient network security management system is essential to protecting the company and client data. An ideal network security system helps businesses in reducing the risk of data theft and sabotage.
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According to a new market research report "Network Traffic Analyzer Market by Component (Solutions and Professional Services), Deployment Mode (Physical, Virtual, and Cloud), End users (Service Providers and Enterprises), Enterprise Size, and Region - Global Forecast to 2024", published by MarketsandMarkets™, the network traffic analyzer market size expected to grow from USD 1.9 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.
Ongoing 5G deployments, increasing number of Internet of Things (IoT)-driven applications, and ever increasing demand to monitor networking infrastructures are the major drivers of this market.Browse in-depth TOC on "Network Traffic Analyzer Market” 105-Tables 37- Figures152- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264497811By service provider, the managed service providers segment to grow at the highest CAGR during the forecast periodManaged Service Providers (MSPs) offer various types of Information Technology (IT) services that include managed security services, managed network services, managed communication and collaboration services, managed data center services, managed mobility services, managed IT infrastructure services, and managed information services.
Managed services reduce the load on the IT staff within an organization by remotely managing the IT needs, thus enabling organizations to focus more on business enhancement.By service, the training and support segment to grow at the highest CAGR during the forecast periodTraining and support services keep the network running and operational with the utmost efficiency.
Training services and support standards help take the full advantage of the capabilities provided by solution providers.
North America consists of developed countries with well-established infrastructures, data center operators, and Cloud Service Providers (CSPs), which generate a huge demand for network traffic analyzer solutions in the region.
Countries that contribute the most to the market in North America include the US and Canada as they have stable economies, which enable investments in new network technologies, such as 5G, Internet of Things (IoT), and cloud management of networks.
Network Traffic Analyzer Market 2021New Study Reports " Network Traffic Analyzer Market 2021 Global Market Demand, Opportunities, Challenges, Strategies and Forecasts 2023" has been Added on MarketResearchFuture.Report Summary:The global network traffic analyzer market is highly competitive.
Various established international brands, domestic brands and as well as new entrants form a competitive landscape.
The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
The network traffic analyzer market is highly competitive due to the presence of several large vendors.
In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.This report also analyzes the impact of Coronavirus COVID-19 on the Network Traffic Analyzer industry.Key PlayersThe report has profiled some of the Important players prevalent in the global like – Cisco Systems (U.S.), SolarWinds (U.S.), NETSCOUT SYSTEMS (U.S.), CA Technologies (U.S.), Ipswitch (U.S.), ManageEngine (U.S.), Plixer (U.S.), Colasoft (China), HPE (U.S.), Nokia (Finland), Kentik (U.S.) and Genie Networks (Taiwan) among others.Request for Free Sample Report of “Network Traffic Analyzer” Market @ https://www.marketresearchfuture.com/sample_request/4596Regional AnalysisThe global network traffic analyzer market is expected to grow significantly over the forecast period, 2017-2023.
These regions are further bifurcated into various countries including U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.North America region hold the largest market share (in terms of revenue) of the total network traffic analyzer market.
Global Network Traffic Analyzer Market Key Trends (2017-2018) _ by Component, Deployment Mode, Organization Size, End-user and Geography Global Network Traffic Analyzer Market anticipated to dominate the market over the forecast period majorly due to the proliferation of smartphones, and growing DDoS attacks on network and broadband connectivity.
Global Network Traffic Analyzer Market is expected to reach USD 2016.6 Million by 2024 from USD 660 Million in 2016 at a CAGR of 17.3%.Global Network Traffic Analyzer Market Key Trends - Market SizeGlobal Network Traffic Analyzer Market Key Trends, by Component:• Solutions • ServicesGlobal Network Traffic Analyzer Market Key Trends, by Deployment Mode:• Cloud • On-PremisesGlobal Network Traffic Analyzer Market Key Trends, by Organization Size:• Small & Medium Enterprises • Large EnterprisesGlobal Network Traffic Analyzer Market Key Trends, by End-user:• Service Providers • Enterprises • Data CentersGlobal Network Traffic Analyzer Market Key Trends, by Geographies:• North America • Europe • Asia Pacific • Middle East & Africa • Latin America Global Network Traffic Analyzer Market: Global Industry Analysis and Forecast 2024 Maximize Market Research offers high-quality market research reports, publishing around 1000 studies annually.
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The global network traffic analyzer market is forecast to reach USD 2.93 Billion by 2026, according to a new report by Reports and Data.
Network traffic analysis is used for the purpose of reviewing, recording, and analyzing network traffic for security, performance, and general network operations & management.
Extensive information exchange is one of the most significant results of advanced information technologies.
Network traffic analysis provides the network administrators the means to investigate and suggest responses and solutions quickly.The Network Traffic Analyzer market research report is broadly bifurcated in terms of product type, application spectrum, end-user landscape, and competitive backdrop, which would help readers gain more impactful insights into the different aspects of the market.
Under the competitive outlook, the report’s authors have analyzed the financial standing of the leading companies operating across this industry.
The gross profits, revenue shares, sales volume, manufacturing costs, and the individual growth rates of these companies have also been ascertained in this section.
