Global Network Analytics Market Is Expected To Reach USD 6,886 Million By 2025

Zion Market Research has published a new report titled “Network Analytics Market By Component (Solution and Services), By Deployment (Cloud and On-Premises), and By End-User (Communication Service Provider, Banking, Financial Sector, and Insurance, Cloud Service Provider, Healthcare, Government, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global network analytics market was valued at 1,471 million in 2018 and is expected to reach USD 6,886 million by 2025, at a CAGR of 24.7% between 2019 and 2025.

Network analytics is a process by which the network solutions record, study, and analyze network traffic in the network on a real-time basis, thereby helping in the enhancement of the performance, market predictions, market trends, and augmenting security. It is used to comprehend and evaluate network utilization, to maintain upload/download streaming and pinpoint any suspicious and harmful packets in the network.

Browse the full “Network Analytics Market By Component (Solution and Services), By Deployment (Cloud and On-Premises), and By End-User (Communication Service Provider, Banking, Financial Sector, and Insurance, Cloud Service Provider, Healthcare, Government, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/network-analytics-market

With constant technological advancements across different business sectors, vendors are offering SaaS-based network for network traffic solution to their customers. The increasing demand for cloud-based solutions is now shifting toward SaaS-based solutions. Moreover, the need for countering the market hindrances and enrichment of customer data for better understanding, companies like IBM and VMware have announced their partnership and revealed that more than 1,400 organizations are using their network analytics solutions. However, the high cost of network analytical tool will obstruct the demand for network solution, thus hampering the network analytics market.

The network analytics market is sectored on the basis of the component, deployment, and end-user. On the basis of deployment, the network analytics market is divided into cloud and on-premises. The cloud segment is predicted to hold a notable market share over the forecast time period, owing to the increasing investments made in cloud technology by major players, such as IBM Corporation, Accenture, etc. In 2017, IBM Corporation announced that it generated USD 17 billion in revenue from cloud business that includes hardware, software, and service. On the basis of the component, the network analytics market includes solution and services. Network intelligent solution is used to handle data traffic on the internet with ease. With the rise in network traffic, numerous organizations are focusing on maintaining high service quality and core business activities. The implementation of network solutions will further push the network analytics market in the years to come. By end-user, the market is divided into communication service provider (CSP), banking, financial sector, and insurance (BFSI), cloud service provider, government, and others.

By region, the North American network analytics market is expected to grow considerably in the future, owing to a large number of solution vendors being headquartered in the U.S, the rising demand for network solution witnessed across myriad sectors of the region, and huge investments to develop Artificial Intelligence (AI) and cloud technology.

Some noticeable players of the global network analytics market include Oracle Corporation, Cisco Corporation, SAS Institute, SAP SE, Predixion Software, Apigee Corporation, Foghorn Systems, AGT International Inc., Analytic Edge, CGI Group Inc., and Prism Tech.

This report segments the global network analytics market into:

Global Network Analytics Market: Component Analysis

• Solution
• Services

Global Network Analytics Market: Deployment Analysis

• Cloud
• On-Premises

Global Network Analytics Market: End-User Analysis

• Communication Service Provider (CSP)
• Banking, Financial Sector, and Insurance (BFSI)
• Cloud Service Provider
• Healthcare
• Government
• Others

Global Network Analytics Market: Regional Analysis

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

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