Network Traffic Analysis Solutions Market - Need for Smoother and Safer Operations Increases Growth Demands

Network traffic analysis can be defined as a process of recording, reviewing and analyzing network traffic data. This is done to review the network’s performance in terms of security, operations, management and/or general network health monitoring. The admin can perform network traffic analysis either manually or through automated techniques or solutions to review the network traffic statistics and granular level detail.

Network traffic analysis can also be used by the hackers/intruders/attackers to analyze the network traffic pattern to find any vulnerability and exploit them. The global network traffic analysis solutions market is expected to expand at a CAGR of 16.1% during the forecast period of 2017 to 2025 and reach US$4,985.2 mn by the end of 2025.

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Network traffic analysis solutions plays an important role in gaining insights about availability of bandwidth and its distribution. This allows end users to identify threats, which can be thwarted using denial of service (DoS) and zero-day attacks to ensure smoother operations. This in turn leads to prioritizing of traffic and eliminating the chances of overload.

Deployment of network traffic analysis also helps in improving performance by highlighting congestion sources, network congestion points, and optimization of packet routes. Better performance in turn leads to a reduced or an optimized operational cost and effective management of resources. In light of all of these reasons, various industrial verticals across the globe are making investments in network traffic analysis solutions.

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Growth in the number of connected smart devices and increasing IT security budget are expected to be major drivers of the market’s growth. The market is also expected to receive push from the advancement in the cyber security field and also the growing number of smart city projects. Migration towards cloud is also expected to boost the market’s growth.

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