Market Insights
Network traffic analysis solution is highly adopted across verticals due to its contribution to leveraging verticals’ performance. Market Research Future (MRFR) states that the global network traffic analyzer market is expected to expand at a CAGR of 16.60% over the evaluation period of 2016 to 2023 and touch a valuation of USD 1.8 billion by 2023. The ability of network traffic analyzer to obtain a granular-level detail within network traffic that aids in making crucial decisions and design effective growth strategies is expected to boost the growth of its market. Verticals are deploying cloud analytics and Internet of Things to enhance their performance, which is surging the adoption of network traffic analyzer. An increase in number of startups that are heavily deploying the solution to track their progress is factor that is expected to propel the market growth.
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Segmental Overview
The network traffic analyzer market has been studied on the basis of deployment type, analysis techniques, organization size, solution and services, and end-user.
By analysis techniques, the market is segmented into non-router-based and router-based.
By deployment type, the market is segmented into on-premises and cloud. Cloud type of deployment is gaining popularity due to its cost-affordability and high convenience. Considerable traction for the global market is expected from the cloud segment in the coming years.
By the size of organization, the market is segmented into small and medium-sized enterprises, and large enterprises. The emergence of SMEs in developing countries and high rate of adoption of network traffic analyzer among them are likely to boost the market growth.
By end-users, the market is segmented into service providers, enterprises, and data centers. The enterprise segment is sub-segmented into government, includes retail, healthcare, education, and others. The service providers segment is sub-segmented into internet service providers, cloud service providers, cable network providers, and communication service providers. The cloud service providers are experiencing substantial traction.
Key Players
MRFR listed key players of the global Network Traffic Analyzer Market. They are; Cisco Systems (U.S.), NETSCOUT SYSTEMS (U.S.), CA Technologies (U.S.), Ipswitch (U.S.), ManageEngine (U.S.), Colasoft (China), SolarWinds (U.S.), Nokia (Finland), Plixer (U.S.), HPE (U.S.) Genie Networks (Taiwan), Kentik (U.S.), and others.
Regional Outlook
By region, the network traffic analyzer market has been studied across Europe, North America, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
The North America market is expected to lead globally. Companies are exercising on technologies such as Internet of Things (IoT), artificial intelligence, big data analytics, and others to simplify their business processes and enhance performance. The rise in adoption of network traffic analyzer across different verticals is due to the increase in need to track growth statistics of enterprise. This, in turn, is expected to propel the North America market growth.
Europe is expected to exhibit growth pattern similar to North America. The presence of robust research base in the region is attracting investment and funding for development of innovations that can enhance the functionality of network traffic analyzer. This is expected to favor the Europe market expansion in the coming years. Fast-paced industrialization and growing competition among companies, in the Asia Pacific region, are triggering the need for adopting network traffic analyzer. This is likely to escalate the APAC market growth.
Industry News
September 2019
Enean AB, a global IT company that provide real-time OS and consultancy services, launched Qosmos Probe 2, which enables advanced detection of cyber threat and forensics. This would contribute to the success for Network Traffic Analysis (NTA).
LIST OF TABLES
TABLE 1 NETWORK TRAFFIC ANALYZER MARKET, BY ANALYSIS TECHNIQUES
TABLE 2 NETWORK TRAFFIC ANALYZER MARKET, BY SOLUTION AND SERVICES
TABLE 3 NETWORK TRAFFIC ANALYZER MARKET, BY DEPLOYMENT TYPE
TABLE 4 NETWORK TRAFFIC ANALYZER MARKET, BY ORGANIZATION SIZE
TABLE 5 NETWORK TRAFFIC ANALYZER MARKET, BY END-USER
Continued…….
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LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 NETWORK TRAFFIC ANALYZER MARKET, BY ANALYSIS TECHNIQUES (%)
FIGURE 3 NETWORK TRAFFIC ANALYZER MARKET, BY SOLUTION AND SERVICES (%)
FIGURE 4 NETWORK TRAFFIC ANALYZER MARKET, BY DEPLOYMENT TYPE (%)
FIGURE 5 NETWORK TRAFFIC ANALYZER MARKET, BY ORGANIZATION SIZE (%)
Continued…….
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