The article cited AMA's Global Network Traffic Analytics Market Study explored substantial growth with CAGR of 21.12%. According the report, Emergence Of Saas-Based Network Traffic Analytics Solutions
is one of the primary growth factors for the market. Increasing Use Of Network Traffic Analytics Solutions
is also expected to contribute significantly to the Network Traffic Analytics market. Overall, Energy and Utilities
applications of Network Traffic Analytics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Allot (Israel), Cisco Systems (United States), IBM (United States), Juniper Networks (United States), Microsoft (United States), Symantec (United States), Plixer (United States), Genie Networks (Taiwan), Kentik (United States), SolarWinds (United States) and Nokia Networks (Finland) may see astonishing sales in this Market and certainly improve revenue growth.
The Deployment mode, such as Cloud, is boosting the Network Traffic Analytics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Services, is boosting the Network Traffic Analytics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Network Traffic Analytics market identified that the demand is rising in many different parts of the world as "Rising Acceptance Of BFSI Companies Is Creating Opportunity In the Market". Furthermore, some recent industry insights like "In February 2023, IBM announced the launch of IBM Security Network Traffic Analysis. IBM Security Network Traffic Analysis is a cloud-based network traffic analytics solution that helps organizations to identify and respond to threats." is constantly making the industry dynamic. One of the challenges that industry facing is "High Investment Required For Adopting Network Traffic Analytics Solutions"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Network Traffic Analytics market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Network Traffic Analytics market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Network Traffic Analytics market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Network Traffic Analytics market and other related sub-markets covered in the study.
o Key & emerging players in the Network Traffic Analytics market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Network Traffic Analytics market size is calculated using market estimation process, the Network Traffic Analytics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Network Traffic Analytics market size has been validated using both top-down and bottom-up approaches.