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 growing adoption of cloud-based enterprise applications has helped in reducing IT costs. Moreover, the ever-increasing popularity of IoT, AI, and big data analytics in the region will also influence market growth in APAC. The growing adoption of smartphones, coupled with the penetration of the internet, will boost the market for e-commerce websites and applications.
Some of the leading players of the industry profiled in this report include
Key participants 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.
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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.
For the purpose of this report, Reports and Data have segmented into the global Network Traffic Analyzer market on the basis of end-use, component, organization size, deployment mode, industry vertical, and region:
End-Use Outlook (Revenue, USD Million; 2016-2026)
- Network Monitoring
- Network Security Management
- Traffic Management
- Customer Data Analysis
- Others
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
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
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Global Network Traffic Analyzer Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Key Points of the Report
- The report includes an in-depth study of the potential market growth opportunities and challenges.
- It offers a detailed analysis of the major market dynamics and assesses the current, historical, and forecast market size in terms of volume and value.
- The report throws light on the intensely competitive ambience of the global Network Traffic Analyzer market and profiles each company in detail.
- It lists down the various business expansion strategies implemented by the top companies operating in this market.
- The report analyzes the most prominent regions of the Network Traffic Analyzer market and estimates their respective growth rates over the forecast period.
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