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Network Analytics Market to Reach USD 3167.6 Million by 2028 at a CAGR of 16.4% | Valuates Reports
  • India - English

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Mar 28, 2022, 10:00 ET

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BANGALORE, India, March 28, 2022 /PRNewswire/ -- The Network Analytics Market is Segmented by Type (Solutions, Services), by Application (Large Enterprise, SMEs): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Web Services Category.

The global Network Analytics market size is projected to reach USD 3167.6 Million by 2028, from USD 1061.3 Million in 2021, at a CAGR of 16.4% during 2022-2028.

The major factor driving the growth of the Network Analytics market are:

The network analytics market will be driven by the need to address the growing challenges of effectively maintaining higher QoS and QoE.

Addressing network complexity arising from the introduction of new technologies such as 5G, IoT, and cloud; increase in data volume and changes in traffic patterns; and rise in SDN integration with existing network infrastructures are all expected to drive the network analytics market forward..

Furthermore, the global Network Analytics Market is expected to grow at a rapid pace over the forecast period, owing to rising prevention demands from a variety of cyber-attacks on networks.

Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-35F2161/Global_Network_Analytics_Market 

TRENDS INFLUENCING THE GROWTH OF THE GLOBAL  NETWORK ANALYTICS MARKET

As network communications become an essential component of multiple business models for today's communication companies, global IP traffic is expected to grow exponentially in the coming years. As a result, network reliability must be improved and disruptions must be avoided. The adoption rate of network analytics is expected to increase as cloud service providers (who face challenges in maintaining service level agreement (SLA) standards and coping with top-class quality service and quality of experience (QoE) parameters) adopt the technology. This factor is in turn expected to drive the growth Network Analytics market.

Furthermore, network analytics intelligence can be used for a variety of tasks, including identifying bottlenecks, evaluating device health, issue remediation, identifying connected endpoints, and probing for potential security lapses. Network analytics compares incoming data to preprogrammed models and makes appropriate decisions to improve operations. The data is fed into a network performance model that is ideal. The analytics engine recommends adjustments to improve performance when a data source detects less-than-ideal performance. These benefits are expected to increase adoption, even more, propelling the network analytics market forward.

Bring your own device (BYOD) adoption is on the rise, which could lead to unethical behavior and the misuse of business-critical data. To address this, businesses are increasingly turning to network analytics solutions to diagnose network issues and provide users with secure access to confidential data. This, in turn, is expected to propel the network analytics market forward. 

The need to prevent cyber attacks is expected to propel the network analytics market forward. Network analytics monitors endpoint behavior and traffic (even encrypted) for anomalies that could indicate that the endpoint has been compromised, such as by malware. For identified network issues, network analytics may recommend corrective actions. Guided remediation, in which the engine specifies steps for a network administrator to follow, or closed-loop remediation, in which the engine sends instructions to the automation portion of the network controller to make changes automatically, are two examples of these actions.

Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/market-reports/QYRE-Auto-35F2161/global-network-analytics 

NETWORK ANALYTICS MARKET SHARE

Based on type, the service segment is expected to be the most lucrative. Professional services provide a comprehensive set of detailed procedures and insights for improving business aspects and ensuring the company's long-term viability. The services in the network analytics market provide complete planning and execution of strategies for implementing long-term network infrastructure.

Based on application, the large enterprise segment is expected to be the most lucrative.

Based on region, North America is expected to be the most lucrative. owing to the widespread use of analytics solutions Aside from that, the availability of scalable infrastructure, increased cyber-attacks, malware, and increased technology adoption by many organizations will all benefit the network analytics market in this region.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-35F2161/Global_Network_Analytics_Market 

Key Players:

  • Accenture
  • Alcatel-lucent
  • Bradford Networks
  • Cisco Systems
  • Ibm
  • Sandvine
  • Sas Institute
  • Tibco Software
  • Juniper Networks
  • Brocade Communications Systems

Inquire for Chapter Cost: https://reports.valuates.com/request/chaptercost/QYRE-Auto-35F2161/Global_Network_Analytics_Market 

Buy Now for Single User + Covid-19 Impact :  https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-35F2161&lic=single-user 

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SIMILAR REPORTS:

-  The global analytics as a service market was valued at USD 9.62 Billion in 2018, and is projected to reach USD 126.48 Billion by 2026, registering a CAGR of 38.1% from 2019 to 2026.

-  The global video analytics market size was valued at USD 4,102.0 Million in 2019 and is projected to reach USD 21,778.0 Million by 2027, registering a CAGR of 22.7% from 2020 to 2027.

-  The global Deep Packet Inspection (DPI) market size is projected to reach USD 20760 Million by 2027, from USD 4357.7 Million in 2020, at a CAGR of 25.0% during 2021-2027.

-  The global Intelligent Network market size is projected to reach USD 10910 Million by 2027, from USD 2637.8 Million in 2020, at a CAGR of 22.0% during 2021-2027.

-  The global Network Cameras and Video Analytics market size is projected to reach USD 18430 Million by 2027, from USD 4579.2 Million in 2020, at a CAGR of 21.8% during 2021-2027.

-  The global network security market size was valued at USD 18,480 Million in 2019, and is projected to reach USD 63,398 Million by 2027, registering a CAGR of 16.7% from 2020 to 2027.

-  The global big data and business analytics market size was valued at USD 198.08 Billion in 2020, and is projected to reach USD 684.12 Billion by 2030, growing at a CAGR of 13.5% from 2021 to 2030.

-  The global Network Traffic Analytics market size is projected to reach USD 3827.3 Million by 2028, from USD 2205 Million in 2021, at a CAGR of 8.1% during 2022-2028.

-  The global Industrial Cyber Security market size is projected to reach USD 19220 Million by 2028, from USD 12000 Million in 2021, at a CAGR of 6.9% during 2022-2028.

-  The global Network Packet Broker market size is projected to reach USD 1075.5 Million by 2027, from USD 679.8 Million in 2020, at a CAGR of 6.8% during 2021-2027.

-  The Enterprise Networking Market is anticipated to grow at the rate of 6.36% CAGR by 2026.

Click here to see related reports on Network Analytics Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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