Network Traffic Analytics Market Value to Surpass USD 3.11 Billion by 2026

According to the report, the global network traffic analytics market garnered $865 million in 2018, and is expected to generate $3.11 billion by 2026, growing at a CAGR of 17.4% from 2019 to 2026.

Drivers, restraints, and opportunities

Requirement for real-time network data analysis, adoption of advanced technologies, and surge in number of DDoS attacks drive the growth of the global network traffic analytics market. However, access to free network traffic analysis tools hinders the market growth. On the other hand, the emergence of 5G technology presents new opportunities in the industry.

Download Free Sample Report at: https://www.alliedmarketresearch.com/request-sample/6418

The solutions segment to continue its lead position during the forecast period

Based on component, the solutions segment accounted for more than three-fifths of the total share of the global network traffic analytics market in 2018, and is estimated to continue its lead position during the forecast period. This is attributed to surge in demand for solutions for discovering, analyzing, and processing security threats. However, the services segment would witness the fastest CAGR of 18.5% from 2019 to 2026, owing to increase in adoption of services among different industry verticals for effective functioning of platforms and software throughout the processes.

The on-premise segment to maintain its lion’s share by 2026

Based on deployment type, the on-premise segment accounted for the highest market share of the global network traffic analytics market, contributing to more than two-thirds of the total share in 2018, and is projected to maintain its lion’s share by 2026. This is attributed to preference for on-premise by large enterprises for deploying network traffic analytics platforms due to concerns toward data privacy. However, the cloud segment is would register the highest CAGR of 21.5% from 2019 to 2026. This is due to flexibility related to the cloud deployment that enhances its demand among numerous organizations.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/6418

North America to maintain its dominance during the forecast period

Based on region, North America contributed to the highest share in terms of revenue in 2018, holding more than two-fifths of the global network traffic analytics market, and is expected to maintain its dominance during the forecast period. This is due to the presence of major players, surge in investment on cloud and security technologies, and rise in focus on automation. However, Asia-Pacific is expected to maintain the highest CAGR of 22.8% from 2019 to 2026, owing to usage advanced technologies including Internet of Things (IoT), connected devices, and cloud computing.

Key players in the industry –

  • Accenture
  • Juniper Networks Inc.
  • Symantec
  • IBM Corporation
  • Huawei Technologies Co. Ltd.
  • Cisco Systems Inc.
  • Allot Communication
  • Ascom Holdings
  • Nokia Networks

If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/6418

Key Findings of the Multivendor ATM Software Market:

  • Based on component, the solutions segment dominated the global network traffic analytics market in 2018 and is expected to generate highest revenue during the forecast period.
  • Based on deployment type, the on-premise segment dominated the market in 2018 and is expected to generate highest revenue during the forecast period. However, the cloud segment is expected to witness highest growth rate in the upcoming years.
  • On the basis of organization size, the large organizations segment dominated the global network traffic analytics market in 2018 and it is expected to remain dominant throughout the forecast period.
  • In terms of end user, the enterprises segment dominated the global network traffic analytics industry in 2018 and is expected to generate highest revenue during the forecast period.

Buy this Research Report at: https://bit.ly/3VYZ9zV

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Leave a comment

Your email address will not be published. Required fields are marked *