The Global Network Traffic Analytics Market is projected to reach a value of over USD 4.9 billion by 2027 at a CAGR of around 10.4%.
The network traffic Analytics is refers to a process of intercepting, recording as well as analyzing network traffic communication patterns for the detection and responding to security threats. Whereas, it offers comprehensive network traffic analysis for various network elements with the help of automatically collecting and correlating traffic. Also it allows to identify bottleneck in the network, which impact the quality of services for the end-users. Moreover, it often majorly on leveraging flow data for insights into bandwidth usage across the network.
Hence, it also identify bandwidth consuming applications, users, protocols, as well as the IP address groups. These may lead to growth the demand of the network traffic Analytics market in the forecast period.
Market Driver:
With the increasing penetration of IoT and BYOD is witness to boost the growth of the market in the forecast period. Whereas, the growing demand for work from home trend is also extended the BYOD penetration at a huge rate in different sector such as education, healthcare and manufacturing. Moreover, the huge network traffic from the IoT devices is also lead to make network management and capacity more difficult. Also, these is being focused by various malicious attackers and cyber threat. To deal with these issue, the business and enterprise are adopted the network traffic analytics solution for improved services and to handle large traffic effectively.
Hence, these expansion of BYOD will also grow the market demand for traffic analytics services and solutions to manage large traffic over the wireless network. These is anticipate to boost the demand of the market in the forecast period.
Market Restraints:
One of the major key concern of the network traffic Analytics market is the high cost of network traffic analytics tools which may challenging factor for the growth of the market. Whereas, the presence of free network traffic tools also create a challenging factor for the market growth. As the free traffic tool does not provides the same performance and reliability as the paid commercial tools. However, the free tool may not contain various the key features as per the requirements.
Hence, the free network traffic solution may lead to a restraining factor for the market growth in the forecast period.
The report on the network traffic Analytics market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
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Base Year for Market Calculation |
2020 |
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Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Component, Deployment Mode, End-User, Enterprise Size, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Network Traffic Analytics Market, by Product
Network Traffic Analytics Market, by Deployment Mode
Network Traffic Analytics Market, by End-User
Network Traffic Analytics Market, by Enterprise Size
Network Traffic Analytics Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE NETWORK TRAFFIC ANALYTICS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
