Key factors driving network traffic analytics market growth, globally, include technological advancements in network infrastructure, rise in the amount of DDoS attacks, growth in the adoption of IoT, BYOD, and connected devices, exponential rise in the cloud traffic worldwide, increasing demand for IT budget in the security sector, development and growth of SaaS-enabled network traffic analytics solutions, as well as mounting government rules and regulations.
A new 230 pages report on network traffic analytics market published in 2018 is now available with MarketStudyReport.com and it offers industry data by components, deployment model, end-use, 17 countries and 20 companies from across the globe.
Network Traffic Analytics market companies like Accenture, Allot Communication, Ascom Holdings, Bradford Networks, Cisco, Flowmon, Genie Networks, Huawei, IBM, Juniper Networks, Kentik, Microsoft Corporation, Netmon, Inc, Netreo, Inc, Nokia Networks, Palo Alto Networks, Plixer, SolarWinds, Symantec, Zenoss are profiled in this research.
The coverage of network traffic analytics market by components in this report includes Solutions [Network Traffic Monitoring, Network Visibility, Network Performance, Network Security, Network Capacity Planning] and Services [Integration and Deployment Service, Consulting Service, Training and Support Service, Managed Service]. Data and information are provided for End-Use of network traffic analytics by Service Providers [Cloud Service Provider, Telecommunication Service Provider, Internet Service Provider, Managed Service Provider] and Enterprises [BFSI, IT & Telecom, Healthcare, Education, Retail, Energy, and Utilities]. Country level numbers on Network Traffic Analytics market are covered for U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, South Korea, Brazil, Mexico, Argentina, GCC, South Africa.
Request a sample of this premium report at
https://www.marketstudyreport.com/request-a-sample/1230577/
The development of SaaS enabled network traffic analytics solutions has accelerated the overall market growth. Due to the growing technological advancements and market consolidation, enterprises are offering SaaS enabled solutions to their customers. They offer multiple advantages such as enhanced scalability and administration, improved productivity, data storage convenience, and delivery of new services with optimum resilience and security. They also automatically update products empowering them to prevent the growing cyber-security threats. These devices are architected in a way to scale on demand without the requirement of any additional capital expenditure on appliance hardware. Therefore, the acceptance and growth of SaaS enabled network traffic analytics solutions are increasing rapidly.
North America held around 52% of the market share in 2017 and is anticipated to remain the network traffic analytics market leader over the forecast timeframe. The major factors contributing to the growth of the region include the early adoption of the network traffic analytics solutions along with the presence of the leading industry players including Cisco, IBM, and Microsoft. The companies operating in this region are also entering into strategic partnerships to expand their businesses offerings. For instance, in February 2018, Barefoot Networks, a firm based in the U.S. is delivering network monitoring systems partnered with Netsia to enable service providers to get complete network visibility. As the service providers are using the new 5G networks, this partnership will assist them in delivering and running the services seamlessly.
Before taking a final purchase decision on this premium report, get your questions answered via
https://www.marketstudyreport.com/enquiry-before-buying/1230577/
Furthermore, there is a rapid emergence in the usage of social networking websites, creating huge amounts of data. The total number of internet users globally in 2018 is around 4 billion, out of which around 3.19 billion are the social networking website users. This huge adoption rate results in the generation of critical user personal information required to be saved securely for customer safety purposes. Hence, network traffic analytics solutions are adopted by these enterprises that offer continuous visibility into the network and prevent the malicious attackers from data theft. The governments worldwide have also set several rules and regulations for protecting the personal information of the users by going through excessive security assessments, driving the market growth. However, the network traffic analyzer tools require huge initial investments due to the complete transformation of the existing infrastructure. Many SMEs are unable to bring about this transformation due to financial constraints, which act as major challenges to the development of network traffic analytics market.
The on-premise deployment model held around 85% of the market share in 2017. This deployment model offers a reliable platform for storing information as they would send critical customer information directly from their web apps and mobile phones to the network traffic analytics service providers. However, the adoption of a cloud platform is projected to grow at a CAGR of 32% by 2024 due to the rapid increase in the number of data centers, generating a huge volume of information. The cloud platform assists in storing and processing this vast data as they enable high-performance computing and data storage capabilities, driving their demand in the market.
Complete report is available at
https://www.marketstudyreport.com/reports/network-traffic-analytics-market .
Another research titled Global Network Traffic Analytics Market 2018-2022 says Network traffic analytics consists of analysing network traffic using mathematical modeling, statistical modeling, predictive modeling, and machine learning techniques to identify meaningful patterns. Network traffic is the amount of data moving across a network at a given point of time. Analysts forecast the Global Network Traffic Analytics Market to grow at a CAGR of 22.62% during the period 2018-2022. Read more at
https://www.marketstudyreport.com/reports/global-network-traffic-analytics-market-2018-2022
About Us:
MarketStudyReport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com