Network Traffic Analyzer Market Size, Share, And Growth Report 2032

Network Traffic Analyzer Market: Size

The global Network Traffic Analyzer market size was worth around USD 2.99 billion in 2023 and is predicted to grow to around USD 8.69 billion by 2032 with a compound annual growth rate (CAGR) of roughly 12.6% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Network Traffic Analyzer market on a global and regional level.

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Network Traffic Analyzer Market Overview

Network traffic analysis is the process of analyzing, reviewing, and recording traffic in the network for the purpose of security, performance and management, and general network operations.

The network traffic analyzer market globally will grow notably in the years ahead, owing to the increasing need for connected devices, such as smartphones and smart devices. The rising use of smart devices like smartphones, tablets, and other IoT-enabled devices are fueling the demand for internet, thereby propelling the network traffic analyzer market development. Various organizations from different sectors have been attracted toward high-speed internet to reduce the technical glitch on their network and can work efficiently even with the increasing network load while conducting their business operations. Additionally, the adoption of smartphones is more as compared to personal computers, which has further encouraged the network traffic analyzer market growth.

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The rising acceptance of smartphones and their usage for online gaming and the increasing adoption of improved IT infrastructure in various IT companies will also drive the network traffic analyzer market. Moreover, the availability of economically-priced smartphones in the developing economies, such as India and China, are further fueling the demand for smartphones, thereby boosting the need for Internet and network traffic analyzer market. The growing trends and rising acceptance of enterprise mobility and work timings are also expected to flourish the network traffic analyzer market growth globally. However, the availability of free network traffic tools may curtail the network traffic analyzer market in the long run to some extent.

Network Traffic Analyzer Market Segmentation

By component, the network traffic analyzer market is fragmented into solutions (network traffic, network capacity planning, network security, application monitoring, bandwidth monitoring, and others) and services (professional and managed). The solutions segment will hold a notable share over the forthcoming years. The network in the organization includes many devices, such as switches, workstations, servers, routers, firewalls, virtual machines, and numerous other network applications. Thus, to maintain and manage these devices, a network administrator needs tailored network traffic analyzing solutions. These tools deliver insight into the network bandwidth consumption, traffic, and protocol analysis along with optimizing business applications to recognize breaches and mitigate security attacks.

Network Traffic Analyzer Market: Regional Analysis

North America is predicted to hold a substantial share of the network traffic analyzer market globally in the years ahead, owing to the growing internet connectivity and organization mobility.

Network Traffic Analyzer Market: Report Scope

Network Traffic Analyzer Market: Competitive Players

Some noticeable players of the network traffic analyzer market are:

• Cisco Systems
• SolarWinds
• NETSCOUT Systems
• ManageEngine
• Kentik
• Ipswitch
• Colasoft
• Genie Networks
• Nokia
• HPE
• CA Technologies
• Plixer
• NetFlow Auditor

This report segments the global network traffic analyzer market into:

Global Network Traffic Analyzer Market: Component Analysis

• Solutions
  • Network Traffic
  • Bandwidth Monitoring
  • Application Monitoring
  • Network Security
  • Network Capacity Planning
  • Others
• Services
  • Professional Services

• • Integration and Deployment Services
  • Training and Support Services
  • Consulting Services

• • Managed Services

Global Network Traffic Analyzer Market: Deployment Analysis

• Cloud
• On-Premises

Global Network Traffic Analyzer Market: End-User Analysis

• Enterprises

• BFSI
• Education
• Healthcare
• Government
• Retail
• Others

• Service Providers

• Telecom Providers
• Internet Service Providers
• Communication Service Providers
• Cloud Service Providers
• Cable Network Providers
• Managed Service Providers

• Data Centers

Global Network Traffic Analyzer Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa