openPR Logo
Press release

Network Traffic Analyzer Market predicted to obtain $3.2 billion by 2024

07-13-2021 05:12 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets™

Network Traffic Analyzer Market

Network Traffic Analyzer Market

According to a new market research report"Network Traffic Analyzer Market by Component (Solutions and Professional Services), Deployment Mode (Physical, Virtual, and Cloud), End users (Service Providers and Enterprises), Enterprise Size, and Region - Global Forecast to 2024"published by MarketsandMarkets™, the network traffic analyzer market size expected to grow from USD 1.9 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.

Ongoing 5G deployments, increasing number of Internet of Things (IoT)-driven applications, and ever increasing demand to monitor networking infrastructures are the major drivers of this market.

Browse in-depth TOC on "Network Traffic Analyzer Market”
105-Tables
37- Figures
152- Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264497811

By service provider, the managed service providers segment to grow at the highest CAGR during the forecast period

Managed Service Providers (MSPs) offer various types of Information Technology (IT) services that include managed security services, managed network services, managed communication and collaboration services, managed data center services, managed mobility services, managed IT infrastructure services, and managed information services. Managed services reduce the load on the IT staff within an organization by remotely managing the IT needs, thus enabling organizations to focus more on business enhancement.

By service, the training and support segment to grow at the highest CAGR during the forecast period

Training and support services keep the network running and operational with the utmost efficiency. Training services and support standards help take the full advantage of the capabilities provided by solution providers. To increase operational efficiency with a lower cost, companies use support services. These services help with software support, which can be offered from remote spots using web conferencing, phones, onsite help, and ticketing frameworks, in order to comply with the company’s network policy.

North America to lead the market during the forecast period

Based on regions, North America is expected to lead the network traffic analyzer market during the forecast period. North America consists of developed countries with well-established infrastructures, data center operators, and Cloud Service Providers (CSPs), which generate a huge demand for network traffic analyzer solutions in the region. Countries that contribute the most to the market in North America include the US and Canada as they have stable economies, which enable investments in new network technologies, such as 5G, Internet of Things (IoT), and cloud management of networks. North America, being the most developed region, houses large verticals that are capable of investing in reliable and advanced IT infrastructures for growing data traffic, thereby opening new opportunities for the adoption of network traffic analyzer solutions.

Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/network-traffic-analyzer-market-264497811.html

Major network traffic analyzer vendors providing a host of solutions and services include SolarWinds (US), Netscout (US), Broadcom (US), Nokia (Finland), Opmantek (US), Progress (US), Kentik (US), Colasoft (China), ManageEngine (US), NEC (Japan), NetVizura (Serbia), Plixer (US), MixMode (US), Opsview (UK), Inmon (US), Nagios (US), Corelight (US), Awake (US), Ideadata (Germany), Qosmos (France), Dynatrace (US), Sandvine (Canada), Extrahop (US), LiveAction (US) and LogRhythm (US). The study includes an in-depth competitive analysis of these key players, along with their company profiles, recent developments, and key growth strategies.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
MnM Blog: https://mnmblog.org
Content Source: https://www.marketsandmarkets.com/PressReleases/network-traffic-analyzer.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Network Traffic Analyzer Market predicted to obtain $3.2 billion by 2024 here

News-ID: 2327566 • Views:

More Releases from MarketsandMarkets™

Feed Premix Market, Global Industry Size Forecast
The global feed premix market size is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to increasing awareness about feed quality, and the implementation of innovative animal husbandry practices to improve meat quality are the important drivers for
Water-soluble Fertilizers Market is Expected to Grow $23.9 billion in 2028
According to a research report "Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, and Potassic), Mode of Application (Foliar and Fertigation), Form (Dry and Liquid), Crop Type (Field Crop, Horticulture Crops, Turf & ornaments) and Region - Global Forecast to 2028" published by MarketsandMarkets, the water-soluble fertilizers market is estimated at USD 18.3 billion in 2023 and is projected to reach USD 23.9 billion in 2028, at a CAGR of 5.5%.
Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading Key Players are Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands)
Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading …
Population Health Management (PHM) Market is projected to grow from USD 27.8 billion in 2022 to USD 53.3 billion by 2027, at a CAGR of 13.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Growth in this market is driven by the opportunities offered by the emerging markets in healthcare. However, lack of data management, and interoperability issues are expected to challenge the growth of this
Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are Boehringer Ingelheim International GmbH (Germany), Zoetis Inc. (US), Elanco Animal Health Incorporated (US), Merck & Co., Inc. (US)
Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are B …
Veterinary Pain Management Market is projected to grow from USD 1.8 billion in 2022 to USD 2.5 billion by 2027, at a CAGR of 6.7% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Pain is the physiological term to describe the chemical processes that are at work in the body that receive a stimulus, modify it, and transfer it to the brain for interpretation and reaction.

All 5 Releases


More Releases for Network

Global Oilfield Communications Market Derived by Communication Network - VSAT Co …
“The increasing investments and enhancing network infrastructure, rising technological advancements for communication across oilfields, and increasing demand from oil and gas operators to scale the production of mature oilfields, are expected to act as growth drivers for the oilfield communications market.” The global oilfield communications market size grew from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the
Gaming Network Market to See Huge Growth by 202 | Game Loot Network, ZAM Network …
A new business intelligence report released by HTF MI with title "Global Gaming Network Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)" is designed covering micro level of analysis by manufacturers and key business segments. The Global Gaming Network Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research
Insight into Gaming Network Market to 2025 - Xiled Gaming Network, Game Loot Net …
The updated research report on "Gaming Network Market" presents crucial information like market share, size, and growth rate. It offers insights on the driving factors, hampering aspects, challenges, opportunities, and trends including details on market segments and sub-segments. Based on the Gaming Network industrial chain, this report mainly elaborates the definition, types, applications and major players of Gaming Network market in details. Deep analysis about market status (2015-2020), enterprise competition pattern,
Numerous Applications in Gaming Network Market Growth and Forecast with Top Key …
Gaming Network is one of the world's leading games media businesses. With a strong focus on editorial quality and community, our network of award-winning websites, video and social channels reaches over 50 million gamers every month. Our market-leading events attract over 100,000 visitors each year. This report on Gaming Network market delivers detailed analysis on the main challenges and growth prospects in the market. This research study is anticipated to
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Hiring Network Monitoring Service Vs Network Monitoring Tools
An organization might have a stable business or is on the growth path, it is absolutely normal to have a dilemma over choosing in between hiring a network monitoring service or install a few tools for network monitoring. While your business is picking up speed with improving cyber and network technology, there is no way you can ignore the strength of network monitoring service or tools for a smooth functioning