Network Analytics Market
GarnerInsights.com has added the report, “Network Analytics Market – Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 – 2025” published by Reports Monitor. The far-reaching research study offers a 360-degree analysis of the market crosswise over different unequivocal elements, including market share by segmentation type, market cost analysis, market effect factors, and marketing strategy and promoting methodology.
Now a days network has become an important aspect in most of the businesses. Network operators are planning to use analytics so that they would get the deeper understanding about the network. Network analytics involves the detailed analysis of information and data to identify trends and patterns. It also provides operators and enterprises with detail understanding of the network which enables smarter, data driven decisions. Network analytics technology plays advanced traffic forecasting that consists of data load forecasting, device performance, and application performance and user behavior. To overcome the problem of misuse of critical data, organizations are rapidly adopting network analytics solutions to analyze problems in the network. It also provides the user to get easy access to confidential information.
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Market Growth Factors:
The network analytics market is showing the tremendous growth in coming years. The increasing adoption of BYOD (Bring your own device) is one of the important factor for the growth of market. Planing and managing of network capacity is main priority of communication service providers, which also leads to the growth of market. The other driving factors which will increase the market growth are automation and virtualization, and also the Quality of Experience (QoE) maintenance. The increasing number of DDoS (distributed denial of service) attacks can also support the market to grow.
Network analytics market is classified into different segments like, type, deployment type, organization size, end user, and region. The type segment is divided into solution and service, solution is further classified as network intelligence solution. Whereas, service is bifurcated into professional service and managed service. The market is deployed as on-premises and cloud. The market can be used in large, small and medium scale enterprises. There are different end users like cloud service providers and communication service providers. Communication service providers includes telecom, internet, and satellite services.
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Network analytics market is split into number of regions like North America, Europe, APAC, Latin America and MEA. North America is predicted to have the highest market share and dominate the network analytics market, as there are more number of analytics vendors headquatered in U.S. The growth opportunities is offered by APAC, as there is growth in smartphone penetration and larger infrastructure investments by communication service providers and cloud service providers.
The key players in the network analysis market include :Accenture, Alcatel-Lucent, Juniper Networks, IBM, Brocade Communications, and SAS. The key innovators are also included in this market like polystar, pathsolutions, and sevone, among others.
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Growth Factor Details:
•Among end-use industries, the industrial segment is projected to lead the Network Analytics Market during the forecast period.
•Among types, the Network Analytics segment is projected to grow at the highest CAGR during the forecast period.
•Increasing demand for Network Analytics in the Asia-Pacific is the major driver for the growth of Network Analytics market in the region.