New York, NY, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Network Traffic Analyzer Market By Component (Solutions and Services), By Deployment (Cloud and On-Premises), and By End-User (Enterprises, Service Providers, and Data Centers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global network traffic analyzer market was USD 899 million in 2018 and is expected to reach around USD 2,589 million by 2025, growing at a CAGR approximately 16.3% between 2019 and 2025.
Network traffic analysis is the process of analyzing, reviewing, and recording traffic in the network for the purpose of security, performance and management, and general network operations.
Browse through 54 Tables & 23 Figures spread over 172 Pages and in-depth TOC on “Global Network Traffic Analyzer Market 2018 Size & Share Report: Industry Type, Applications, Segments, Trends, Analysis and Forecast to 2025”.
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The network traffic analyzer market globally will grow notably in the years ahead, owing to the increasing need for connected devices, such as smartphones and smart devices. The rising use of smart devices like smartphones, tablets, and other IoT-enabled devices are fueling the demand for internet, thereby propelling the network traffic analyzer market development. Various organizations from different sectors have been attracted toward high-speed internet to reduce the technical glitch on their network and can work efficiently even with the increasing network load while conducting their business operations. Additionally, the adoption of smartphones is more as compared to personal computers, which has further encouraged the network traffic analyzer market growth. The rising acceptance of smartphones and their usage for online gaming and the increasing adoption of improved IT infrastructure in various IT companies will also drive the network traffic analyzer market. Moreover, the availability of economically-priced smartphones in the developing economies, such as India and China, are further fueling the demand for smartphones, thereby boosting the need for Internet and network traffic analyzer market. However, the availability of free network traffic tools may curtail the network traffic analyzer market in the long run to some extent.
By component, the network traffic analyzer market is fragmented into solutions (network traffic, network capacity planning, network security, application monitoring, bandwidth monitoring, and others) and services (professional and managed). The solutions segment will hold a notable share over the forthcoming years. The network in the organization includes many devices, such as switches, workstations, servers, routers, firewalls, virtual machines, and numerous other network applications. Thus, to maintain and manage these devices, a network administrator needs tailored network traffic analyzing solutions. By deployment, the market includes cloud and on-premises. The cloud computing model is the most efficient technology that impacts every line of enterprise. Companies have found an alternative to high-cost linked with the network traffic analyzer solutions, by deploying the cloud deployment model. It provides various advantages like scalability, flexibility, low cost, operational efficiencies, and affordability. The adoption of cloud solutions is anticipated to grow substantially in the future.
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North America is predicted to hold a substantial share of the network traffic analyzer market globally in the years ahead, owing to the growing internet connectivity and organization mobility. Technologically sound countries like the U.S and Canada are likely to be major contributors in this regional market, owing to the rising demand in IoT sector, emerging adoption of smartphones and other smart devices, and the regional presence of prominent solution providers.
Europe will hold a considerable market share over the predicted timeframe, owing to the various government initiatives to increase the investments by private sectors and MNCs to enhance their IT infrastructure. Network performance is highly critical for the majority of businesses, and limitation can lead to adverse effects that can cost resources, money, and time. Furthermore, the rising adoption of network traffic analyzer by intruders to analyze traffic patterns is also boosting the network traffic analyzer market in the region.
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The Asia Pacific network traffic analyzer market is predicted to grow substantially at a notable rate in the future, owing to the presence of evolving economies of India and China. This regional growth is also attributed to the growing adoption of network traffic analyzer by enterprises in fast-developing economies to avoid cyber-crimes and security attacks on their networks. The upcoming deployment of 400 Wi-Fi in the railway stations across the country by the Indian government will further drive the network traffic analyzer market in the region.
Latin America is projected to grow considerably over the anticipated time period. The developing countries of Brazil, Chile, and Argentina will majorly contribute to the region’s network traffic analyzer market, owing to the surging technological usage by the Information Technology (IT) industry. Additionally, the growing demand for data congestion network and complexity of the network, as intelligent pathway control mechanism enables policy-based routing, will also fuel the network traffic analyzer market in the region.
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The Middle Eastern and African network traffic analyzer market is likely to witness moderate growth in the upcoming years, due to rapid development, rising expenditure on infrastructural development, increasing demand for cloud computing and IoT technology by leading regional organizations.
Some noticeable players of the network traffic analyzer market are Cisco Systems, SolarWinds, NETSCOUT Systems, ManageEngine, Kentik, Ipswitch, Colasoft, Genie Networks, Nokia, HPE, CA Technologies, Plixer, and NetFlow Auditor.
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This report segments the global network traffic analyzer market into:
Global Network Traffic Analyzer Market: Component Analysis
- Solutions
- Network Traffic
- Bandwidth Monitoring
- Application Monitoring
- Network Security
- Network Capacity Planning
- Others
- Services
- Professional Services
-
- Integration and Deployment Services
- Training and Support Services
- Consulting Services
-
- Managed Services
Global Network Traffic Analyzer Market: Deployment Analysis
- Cloud
- On-Premises
Global Network Traffic Analyzer Market: End-User Analysis
- Enterprises
- BFSI
- Education
- Healthcare
- Government
- Retail
- Others
- Service Providers
- Telecom Providers
- Internet Service Providers
- Communication Service Providers
- Cloud Service Providers
- Cable Network Providers
- Managed Service Providers
- Data Centers
Global Network Traffic Analyzer Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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