Global Network Traffic Analysis Solution Market Size, Trends & Growth Opportunity and By Deployment Type (On-Premise and Cloud-Based), By Application (BFSI, Retail, Government, IT and Telecommunication, Energy and Power, and Others), By Region and Forecast till 2027.
Report ID : IR100179 | Industries : Energy & Power | Published On :May 2024 | Page Count : 254
Global Network Traffic Analysis Solution Market Size, Trends & Growth Opportunity and By Deployment Type (On-Premise and Cloud-Based), By Application (BFSI, Retail, Government, IT and Telecommunication, Energy and Power, and Others), By Region and Forecast till 2027.
Global Network Traffic Analysis Solution Market
The Global Network Traffic Analysis Solution Market is expected to grow from US$ 2.5 Billion in 2021 to US$ 6.8 Billion by 2027; it is estimated to grow at a CAGR of 18.15% from 2022 to 2027.
Reviewing, logging, and analysing network traffic data is referred to as a "network traffic analysis service." To review network traffic statistics, the administrator can either conduct network traffic analysis manually or automatically using tools or techniques. Hackers and other attackers use this method as well to examine the patterns of network traffic.
Market Drivers
The development of the Global Network Traffic Analysis Solution Market is anticipated to be significantly influenced by the rising adoption of network traffic analysis solution across numerous enterprises and service provider organisations. One of the additional factors predicted to propel the development of the global market for network analysis solutions is rising demand for network traffc analysis solution from data centres.
A thorough understanding of network security and the growing importance of preserving QoS and QoE Additionally, there has been a sharp increase in network infrastructure development projects in both established and developing nations. These are a few of the other elements that are expected to fuel market expansion globally. The spread of smartphones and the rise in DDoS attacks on broadband and network connectivity are additional factors anticipated to fuel the expansion of the worldwide market.
Market Restraints
However, lack of technical granularity network analyzer is the major restraining factor which is expected to hamper the global network traffic analysis solution market growth. Covid-19 and its spread have halted the deployment of 5 G throughout the countries, limiting the market's development. 5G deployment is crucial to the market's growth for network traffic solutions. Even though the market has benefited from the spread of covid-19, this is one aspect that has limited the market's growth.
Impact of Covid-19
Global markets were negatively impacted by Covid-19 and its spread in developed nations, which forced governments to impose travel bans, lockdowns, and logistical limitations. According to a global study on the market for network traffic analysis solutions, Covid-19's introduction also helped some markets expand more quickly. Although complex monitoring and analysis duties are solved by network traffic analysis solutions for the end user, this has led to an increase in the demand for these products.
Segmentation By Deployment Type: Global Network Traffic Analysis Solution Market is segmented on the basis of Deployment Type into On-Premise and Cloud-Based.
Segmentation By Application: Global Network Traffic Analysis Solution Market is segmented on the basis of Application into BFSI, Retail, Government, IT and Telecommunication, Energy and Power, and Others. During the forecast period, the market for network traffic analysis tools is anticipated to be dominated by the BFSI sector. This is because it has been widely adopted by numerous financial institutions around the globe. Retail applications are also anticipated to expand quickly over the coming years as merchants work to enhance customer experiences and lower operating expenses.
Segmentation By Region: Global Network Traffic Analysis Solution Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Some of the most well-known technology firms, data centre owners, and service providers have their headquarters in North America. The deployment of advanced network capabilities and the operation of crucial communication networks are what push the need for NTAs across all allied industries. The presence of market vendors in the area, which has increased the proportion of direct sales as well as the sales of the foreign markets serviced by this region, is another factor supporting the region's dominance in the market under study.
Market Key Players
Various key players are discussed in this report such as GREYCORTEX s.r.o., Flowmon Networks, Netro Inc., Cisco Systems Inc., Dynatrace LLC., Palo Alto Networks Inc., IpswITCh Inc., Bricata, Inc., and Netmon Inc.
Industrial Development
• Okyo Garde Enterprise Edition, a novel product from Palo Alto Networks, was introduced in April 2022. By separating the business network from the employee's home network, it stops lateral migration. Additionally, it helps to safeguard unmanaged office supplies like VoIP phones, printers, and hardware samples that are kept at home.
Market Taxonomy
By Deployment Type
• On-Premise
• Cloud-Based
By Application
• BFSI
• Retail
• Government
• IT and Telecommunication
• Energy and Power
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Network Traffic Analysis Solution Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Network Traffic Analysis Solution Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Network Traffic Analysis Solution Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Network Traffic Analysis Solution Market, By Deployment Type
5.1 Y-o-Y Growth Comparison, By Deployment Type
5.2 Global Network Traffic Analysis Solution Market Share Analysis, By Deployment Type
5.3 Global Network Traffic Analysis Solution Market Size and Forecast, By Deployment Type
5.3.1 On-Premise
5.3.2 Cloud Based
6 Global Network Traffic Analysis Solution Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Network Traffic Analysis Solution Market Share Analysis, By Application
6.3 Global Network Traffic Analysis Solution Market Size and Forecast, By Application
6.3.1 BFSI
6.3.2 Retail
6.3.3Government
6.3.4 IT & Telecommunication
6.3.5 Energy and Power
6.3.6 Others
7 Global Network Traffic Analysis Solution Market, By Region
7.1 Global Network Traffic Analysis Solution Market Share Analysis, By Region
7.2 Global Network Traffic Analysis Solution Market Share Analysis, By Region
7.3 Global Network Traffic Analysis Solution Market Size and Forecast, By Region
8 North America Network Traffic Analysis Solution Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Network Traffic Analysis Solution Market Share Analysis, By Deployment Type
8.3 North America Network Traffic Analysis Solution Market Size and Forecast, By Application
8.4 North America Network Traffic Analysis Solution Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Network Traffic Analysis Solution Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Network Traffic Analysis Solution Market Share Analysis, By Deployment Type
9.3 Europe Network Traffic Analysis Solution Market Size and Forecast, By Application
9.4 Europe Network Traffic Analysis Solution Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Network Traffic Analysis Solution Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Network Traffic Analysis Solution Market Share Analysis, By Deployment Type
10.3 Asia Pacific Network Traffic Analysis Solution Market Size and Forecast, By Application
10.4 Asia Pacific Network Traffic Analysis Solution Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Network Traffic Analysis Solution Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Network Traffic Analysis Solution Market Share Analysis, By Deployment Type
11.3 Latin America Network Traffic Analysis Solution Market Size and Forecast, By Application
11.4 Latin America Network Traffic Analysis Solution Market Size and Forecast, By Country
12 Middle East Network Traffic Analysis Solution Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Network Traffic Analysis Solution Market Share Analysis, By Deployment Type
12.3 Middle East Network Traffic Analysis Solution Market Size and Forecast, By Application
12.4 Middle East Network Traffic Analysis Solution Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 GREYCORTEX s.r.o
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Flowmon Networks
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Netro Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Cisco Systems Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Dynatrace LLC
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Palo Alto Networks Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 IpswITCh Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Bricata, Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Netmon Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies