Global Network Traffic Analyzer Market Trends, Applications, Analysis, Growth, and Forecast to 2033

"[Report of 189 Pages] The global Network Traffic Analyzer market is predicted to grow from USD 2712.49 million in 2023 to USD 7892.49 million by 2033, at a Compound Annual Growth Rate (CAGR) of 12.6%"

Global Network Traffic Analyzer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2033” is a recent report generated by MarketResearch.biz. The global network traffic analyzer market report has been segmented on the basis of deployment type, component, end user, and region.

Introduction

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

The enterprise network contains hundreds of different network devices such as switches, routers, workstations, hubs, servers, firewalls, and virtual machines, among other network-related appliances. Thus managing and maintaining these devices need a customized network traffic analyzer solution, as this tool has the potential to deliver excellent insights from network traffic, business applications, protocol analysis, and bandwidth consumption. Different types of solutions are utilized in identifying breaches, mitigation, and detection of security attacks, and allowing better planning of the network for the future.

Dynamics

Increasing adoption of network traffic analyzers across various enterprises and service provider organizations is a major factor expected to drive the global network traffic analyzer market growth. Rising demand for network traffic analyzers from data centers is among additional factors estimated to drive the global network traffic analyzer market growth.

In-depth visibility into network security and the rising need for maintaining QoS and QoE. Moreover, rapid growth in network infrastructure development activities in various developing and developed countries. These are among the additional factors anticipated to drive global market growth. In addition, the proliferation of smartphones and increasing DDoS attacks on broadband and network connectivity are factors expected to propel the global market growth.

However, the availability of various free network traffic tools is a key factor expected to restrain the global network traffic analyzer market growth.

Segment Analysis

Among the component segments, the services segment is estimated to account major revenue share in the global network traffic analyzer market., owing to the increasing adoption of these network traffic analyzer solutions across various enterprises, service providers, and data centers, and demand for different other supporting services is also projected to increase among these organizations.

Among the development type segments, the on-premises segment is estimated to account for a major revenue share in the global network traffic analyzer market. The revenue of the on-premises segment is anticipated to register the highest CAGR.

Among the end-user segments, the service provider segment is projected to register a major revenue share in the global network traffic analyzer market. This is attributed to the need for service providers in order to manage the network infrastructure is growing at a rapid pace. Service providers involve Managed Service providers (MSPs), cloud service providers, telecom operators, and Internet Service Providers (ISPs). In addition, service providers utilize the network traffic analyzer tool in order to manage, optimize and analyze the entire network infrastructure. The revenue of the service provider segment is projected to register the highest CAGR.

Region Analysis

The North America market is projected to account for major revenue share in the global network traffic analyzer market. In addition, Asia Pacific network traffic analyzer market is projected to register fastest revenue growth, owing to the emergence of various advanced technologies including the Internet of Things (IoT), cloud services, and mobility.

Global Network Traffic Analyzer Market Segmentation:

Segmentation by Deployment Type:

• Cloud
• On-premises

Segmentation by Component:

• Solutions
• Services

Segmentation by End User:

• Enterprises
• Service Providers
• Data Centers

Segmentation by region:

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