Global Network Traffic Analysis Solutions Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028

“Global Network Traffic Analysis Solutions Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global Network Traffic Analysis Solutions market report has been segmented on the basis of deployment type, user type, industry vertical, and region.

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Global Network Traffic Analysis Solutions Market: Overview

Network traffic analysis solutions is a process of monitoring, analyzing and recording network traffic. Network traffic analysis is done in order to review the performance of network in terms of on-going operations, security, management and to monitor general health of network. There are two ways through which a network admin can perform network traffic analysis that is either manually or through some automated solutions or techniques to review the traffic statistics and some general information.

Global Network Traffic Analysis Solutions Market: Dynamics

Increasing number of data centers and shared storage devices are major factors expected to drive growth of the global network traffic analysis solutions market. In addition, growing usage of cloud based technology resulted into growing traffic on network which needs to be monitored and manage regularly are factors expected to drive growth of the global network traffic analysis solutions market.

Moreover, rising usage of smart devices across the world, high spending on IT security and permeation of 5G technology by enterprises of all levels are another factors projected to boost growth of the global network traffic analysis solutions market. Furthermore, in emerging countries, almost every industry is using Internet and computers in order to execute their work effectively, and most of the work is being done on applications that are web-based. This increasing usage of interwork all over the world generates new opportunities for hackers or cyber-attackers in various sectors. Hence, to minimize these attacks various industries adopting networking traffic analysis solutions in order to keep data safe and to use it effectively are factor projected to fuel growth of the global network traffic analysis solutions market.

However, high initial set-up cost is major factor that could hinder growth of the global network traffic analysis solutions market. In addition, administrators with lack of knowledge about network traffic analysis solutions could hamper growth of the global network traffic analysis solution market.

Global Network Traffic Analysis Solutions Market: Segment Analysis

Among the deployment type segments, the on-premises segment is projected to account for major revenue share in the global network traffic analysis solutions market. Increasing adoption of this deployment type by various industries is a major factor expected to drive growth of this segment in the target market. Furthermore, deployment by cloud-based is expected to show significant growth due to increasing usage of cloud based technologies.

Global Network Traffic Analysis Solutions Market: Region Analysis

North America market is expected to account for highest revenue share in the global network traffic analysis solutions market. The presence of well-established key players and high adoption of such software by various end-use industrial verticals are factors expected to drive growth of the target market in North America. Moreover, increasing cyber-security market in North America, especially in US are projected to drive growth in this region.

Global Network Traffic Analysis Solutions Segmentation:

Segmentation by Deployment Type:

• Cloud-based
• On-Premises

 Segmentation by User Type:

• Small Medium Enterprise
• Large Enterprise

Segmentation by Industry Vertical:

• Banking and Financial Services
• Insurance (BFSI)
• Government
• Healthcare
• Energy & Utilities
• Education
• Telecom & IT
• Manufacturing
• Retail
• Others (Media & Entertainment, Aerospace & Defense, And Hospitality)

Segmentation by Region:            

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa