Network Traffic Analyzer Market 2020: Global Industry Analysis and Opportunity Assessment, Forecast to 2023

Global Network Traffic Analyzer Market, By Analysis Techniques (Router Based and Non-Router Based), By Solution (Network Traffic, Bandwidth Monitoring, Network Capacity, Network Security, Others), Services (Professional Services, Managed Services), By Deployment Type (Cloud and On-Premises), By Organization Size (Large Enterprises, SME’s) - Forecast 2023

Market Overview

According to Market Research Future (MRFR), The global network traffic analyzer market is estimated to reach approximately USD 1.80 billion, with 16.60% CAGR from 2017 to 2023 (forecast period). The research report examines the effects of COVID-19 on the industry, including potential opportunities and challenges, drivers and risks, and market growth estimates based on a wide range of scenarios.

Network traffic analyzer techniques are used to determine the granular level of data within the network traffic. This process is used to gain an in-depth insight into traffic network data or packets flowing through the network. Network bandwidth monitoring or network monitoring software is used in this traffic analysis process.

The enterprise network comprises hundreds of different network devices such as switches, routers, workstations, hubs, servers, firewalls, and virtual machines, among other network-related appliances. A customized network traffic analyzer solution is required to manage and maintain these devices, as this tool can provide excellent insights from network traffic, business applications, protocol analysis, and bandwidth usage. Various types of solutions are used to identify breaches, mitigate, and detect security attacks and allow for better network planning for the future.

Also Read: https://www.marketwatch.com/press-release/network-traffic-analyzer-market-2k20-overview-by-offering-solutions-services-latest-technology-deployment-status-and-applications-by-forecasts-to-2k23-2020-08-28?mod=mw_quote_news

Key Players

The key participants identified by MRFR in the global network traffic analyzer market include Cisco Systems (U.S.), SolarWinds (U.S.), NETSCOUT SYSTEMS (U.S.), CA Technologies (U.S.), Ipswitch (U.S.), ManageEngine (U.S.), Plixer (U.S.), Colasoft (China), HPE (U.S.), Nokia (Finland), Kentik (U.S.) and Genie Networks (Taiwan), among others.

Market Dynamics

Growing adoption of a network traffic analyzer across different companies and service provider organizations is a key factor anticipated to drive the global network traffic analyzer market's growth. Growing demand for network traffic analyzer from data centers is among the additional factors expected to drive demand growth for the global network traffic analyzer market.

In addition, there is rapid growth in network infrastructure development activities in various developing and developed countries. These are among the additional factors expected to drive global market growth. In addition, the proliferation of smartphones and rising DDoS attacks on broadband and network connectivity are expected to fuel global market growth.

However, the availability of numerous free network traffic tools is a crucial factor expected to constrain the global network traffic analyzer market's growth.

Market Segmentation

The global Network Traffic Analyzer Market has been segmented into analysis techniques, solution and services, deployment type, organization size, and end-user.

Based on analysis techniques, the global network traffic analyzer market has been segmented into router-based and non-router based.

Based on solutions and services, the global network traffic analyzer market has been segmented into cloud service providers, communication service providers, internet service providers, and cable network providers.

Based on the deployment type, the global network traffic analyzer market has been segmented into cloud and on-premises deployment type.

Based on organization size, the global network traffic analyzer market has been segmented into large enterprises, small and medium-sized enterprises.

Based on end-use, the global network traffic analyzer market has been segmented into government, retail, healthcare, education, and others.

Regional Analysis

Geographically, the global network traffic analyzer market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World.

North America captured the largest market share from countries such as the United States, Canada, and Mexico, among others. The reason for this is the rising demand for high technology adoption in the developed network infrastructure in the region. The booming IT industry, combined with growing cloud facilities in North America, is helping to increase the demand for network traffic analyzers in North America.

The Asia Pacific is projected to be the fastest-growing market due to rising industrialization and cloud services in emerging countries like India and Japan.

Competitive Landscape

The global market for network traffic analyzer is highly competitive. Various existing international brands, domestic brands, and new entrants shape a competitive landscape. Increased market growth through various strategic mergers and acquisitions, innovation, increased investment in research and development, and a cost-effective software portfolio are vital factors. The market for network traffic analyzer is highly competitive due to the existence of a variety of major vendors.

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LIST OF TABLES

TABLE 1 NETWORK TRAFFIC ANALYZER MARKET, BY ANALYSIS TECHNIQUES

TABLE 2 NETWORK TRAFFIC ANALYZER MARKET, BY SOLUTION AND SERVICES

TABLE 3 NETWORK TRAFFIC ANALYZER MARKET, BY DEPLOYMENT TYPE

TABLE 4 NETWORK TRAFFIC ANALYZER MARKET, BY ORGANIZATION SIZE

TABLE 5 NETWORK TRAFFIC ANALYZER MARKET, BY END-USER

Continued……

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 NETWORK TRAFFIC ANALYZER MARKET, BY ANALYSIS TECHNIQUES (%)

FIGURE 3 NETWORK TRAFFIC ANALYZER MARKET, BY SOLUTION AND SERVICES (%)

FIGURE 4 NETWORK TRAFFIC ANALYZER MARKET, BY DEPLOYMENT TYPE (%)

FIGURE 5 NETWORK TRAFFIC ANALYZER MARKET, BY ORGANIZATION SIZE (%)

Continued……

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