About Network Traffic Analysis Software
Network traffic analysis software helps in analyzing network traffic in the network on a real-time basis to enhance performance and security. It is also used in evaluating network utilization, and finding any doubtful and malicious packets in a given network. In network traffic analysis, manual and automated techniques are used to study granular-level details within network traffic. Network monitoring and analysis plays an important role in maximizing productivity within a company.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 12.78% |
Key players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Key players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry. Analyst at AMA Research estimates that American Players will contribute the maximum growth to Global Network Traffic Analysis Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Symantec (United States), Plixer (United States), IBM (United States), Cisco (United States), Palo Alto Networks (United States), NetVizura (Serbia), Progress Software (United States), Kentik (United States), Awake Security (United States), Hewlett Packard Enterprise (United States), Chronicle Technologies (United States) and Bricata (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Netreo (United States), Dynatrace LLC. (United States), FireEye (United States), Darktrace (United Kingdom), ExtraHop Networks (United States) and Vectra AI (United States).
Segmentation Overview
AMA Research has segmented the market of Global Network Traffic Analysis Software market by and Region.
On the basis of geography, the market of Network Traffic Analysis Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Deployment Type, the sub-segment i.e. On-premise will boost the Network Traffic Analysis Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Small and Medium Enterprise (SME) will boost the Network Traffic Analysis Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Network Traffic Analysis Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Network Traffic Analysis Software as a Vital Cyber Security Tool and Integration of Network Traffic Analysis Software with Mobile Devices
Market Growth Drivers:
Growing Need to Protect Enterprises from Data-breaches Amid Huge Data Influx Which Led to Rise in Cyber-security Threats and Real-time Bandwidth and Network Statistics Gained by Network Traffic Analysis Software Help in Improving Resources Utilization
Challenges:
Emergence of Open Source Network Traffic Analysis Tools
Restraints:
Evolving Nature of Cyber-threats and Use of Advance Tools by Online Hackers and High Initial Capital Requirement in Setting Up Network Traffic Analysis Tools
Opportunities:
Advancement in Network Infrastructure Led to Rise in Demand for Network Traffic Analysis Software
Market Leaders and their expansionary development strategies
On August 17, 2021, Gigamon Inc. announced a strategic partnership with Fortinet, Inc. to deliver integrated network traffic analysis and security solutions. The partnership aims to provide customers with better network visibility and enhanced security across physical, virtual, and cloud environments.
On January 11, 2022, SolarWinds Corporation announced the launch of SolarWinds NetFlow Traffic Analyzer 5.0, a powerful and easy-to-use network traffic analysis and bandwidth monitoring tool. The new version of the software is designed to help IT teams optimize their network performance and troubleshoot network issues in real time.
Key Target Audience
Network Traffic Analysis Software Providers, System Integrators, End-users Industries, Market Research and Consulting Firms, Government Organizations/Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.