Network Traffic Analyzer Market Is Booming Worldwide | Global Key Players like Cisco, Solar Winds, NETSCOUT SYSTEMS, Manage Engine, Kentik, Ipswitch, Colasoft and Others

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The Global Network Traffic Analyzer Market size is expected to grow from US$ 745.8 Million in 2017 to US$ 1,631.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. This report spread across 136 Pages, Profiling 12 Companies and Supported with 80 Tables and 33 Figures is now available in this market research.

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“The Cloud deployment segment is expected to grow at the highest rate during the forecast period.”
Cloud Computing model is one of most effective technologies that impact every line of business. The high cost associated with network traffic analyzer solutions is one of the major challenges for solution providers, which can be overcome by the cloud deployment model. The advantages of the cloud-based deployment type include flexibility, scalability, affordability, operational efficiencies, and low cost.

“The Banking Financial Services, and Insurance (BFSI) vertical in the network traffic analyzer market is estimated to have the largest market share in 2017.”
The Education vertical represents the highest adoption of network traffic analyzer among all verticals. Enterprise networks are exposed to threats because of tampering of networks or cyber-attacks, which may lead to the entire network failure or cause instability to finances. To overcome distinctive challenges, 24*7 network connectivity and flawless network availability are very crucial, which can be done by continually monitoring and analyzing the required network.

“Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.”
Major Economies in the APAC region, such as China, India, Australia, and Japan, witness a rapid adoption of network traffic analyzer tools to gain in-depth visibility into the network. Proliferation of smart phones, increased DDoS attacks on networks, and broadband connectivity augmented by the emergence of advanced technologies, such as IoT, mobility, and cloud services in the APAC region are expected to be major driving forces for the network traffic analyzer market.

Breakdown of Primary Participants’ Profile:
• By Company: Tier 1 – 24%, Tier 2 – 41%, and Tier 3 – 35%
• By Designation: C-Level – 57%, Director Level – 36%, and Others – 7%
• By Region: North America – 49%, Europe – 28%, APAC – 16%, and Rest of the World (RoW)–7%

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Research Coverage:
The Network Traffic Analyzer Market has been segmented on the basis of solutions and services, deployment types, organization sizes, end-users, and regions. A detailed analysis of key industry players has been done to provide key insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and competitive landscapes associated with the global network traffic analyzer market.

Target Audience for Network Traffic Analyzer Market : Network traffic analyzer vendors, Network and system integrators, Managed Service Providers (MSPs), Cloud service providers, Internet Service Providers (ISPs), Fixed and mobile broadband network providers, Communications Service Providers (CSPs), Content Delivery Network (CDN) providers, Enterprises, Network managers.

Most Popular Companies in the Network Traffic Analyzer Market include are Cisco (US), Solar Winds (US), NETSCOUT SYSTEMS (US), Manage Engine (US), Kentik (US), Ipswitch (US), Colasoft (China), Genie Networks (Taiwan), Nokia (Finland), HPE (US), CA Technologies (US), Plixer (US).

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