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Market Research Report

Global Network Traffic Analyzer Market By Component (Software, Hardware, & Services), By Deployment Type (Cloud & On-Premise), By Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)), and By End-User (Enterprises, Service Providers, & Data Centers) with Market Forecast 2016-2024

Published On : 2018-02-26 Report Page : 290 Category: Hardware and ICT

Global Network Traffic Analyzer Market 

Market Overview

From hundreds to thousands of connected computers, hubs to switched networks and Ethernet to 10Gbps Ethernet, administrator has to manage the network and need more network traffic monitoring and analysis tools in order to deal with increasing network activities efficiently. Network traffic analyzer tools are needed not only to fix network problems but also to avoid network failure, in detecting threats and to make well-organized decisions for network planning. Growing concerns for network security and to rising awareness about network traffic analyzer tools for business efficiency are the major factors driving the growth of network traffic analyzer market.

Goldstein Research analyst forecast the global network traffic analyzer market to expand at a CAGR of 15.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 2.3 billion by the end of forecast period. 

Covered in this global network traffic analyzer market report

The report covers the present ground scenario and the future growth prospects of the network traffic analyzer market for 2016-2024 along with the total revenue of network traffic analyzer market in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, regional and country level. The revenue forecast is given on the basis of number of network traffic analyzer solution and service providers and current growth rate of the market.

Global Network Traffic Analyzer Market Segmentation

By Component

  • Software
  • Hardware
  • Services

By Deployment Type

  • Cloud
  • On-premises

By Organization Size

  • Large enterprises
  • Small and Medium-sized Enterprises (SMEs)

By End Users

  • Enterprises
    • BFSI
    • Healthcare
    • Government
    • Retail
    • Others
  • Service Providers
  • Data Centers

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
  • Rest of the World{Market Share (%), Market Size (USD Billion))}

Based on organization size, large enterprises accounted for the largest revenue of 70% in global network traffic analyzer market in 2016. Moreover, rising awareness among medium sized enterprises about the network analyzer tools is likely to improve its growth rate during forecast period.   

Global Network Traffic Analyzer Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global network traffic analyzer market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global network traffic analyzer market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global network traffic analyzer market report comprises of the following companies as the key players in the global network traffic analyzer market: Genie Networks, Flowmon Networks, NetScouts, ManageEngine, Netmon Inc., Ipswitch Inc., Light Cyber, Dynatrace LLC, Cisco and Netreo Inc., SolarWinds, Kentik, CA Technologies and HPE.

According to our global network traffic analyzer market study on the basis of extensive primary and secondary research, one major trend in the market is the growing IP traffic of smartphones and M2M connection. In 2016, PCs connections accounted for 46% of total IP traffic, but by 2024 PCs will account for only 23 percent of traffic. Smartphones will account for 35% of total IP traffic in 2024, up from 13 percent in 2016, which will further augment the demand for network analyzing tools.

According to the report, major driver in global network traffic analyzer market is growing incidences of cyber-attacks and rising need to improve agility and operational efficiency of the business across various industries has significantly augmented the growth of network traffic analyzer market. Resolving network issues faster, quick identification of affected circuits and virtual connections through automated provisioning of services, are attracting the new businesses across the globe.

Further, the report states that one challenge in global network traffic analyzer market is lack of cognizance among network administrators to choose a solution as per business requirements may hinder the market growth.

Geographically, North America region accounted for the largest market share of 48% revenue in global network traffic analyzer market. North America is closely followed by the Asia pacific region, which is anticipated to be the fastest growing market, at a CAGR of 18.4% during the forecast period owing to emergence of advanced technologies, such as IoT, mobility, and cloud services in the APAC region.   

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this global network traffic analyzer market report

  • What is the total market size by 2024 and what would be the expected growth rate of sales?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Global Network Traffic Analyzer Market By Component (Software, Hardware, & Services), By Deployment Type (Cloud & On-Premise), By Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)), and By End-User (Enterprises, Service Providers, & Data Centers) with Market Forecast 2016-2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements