Network Analytics Market Astonishing Growth with Top Influencing Key Players like Acc-enture PLC, Cisco Systems Inc., Hewlett Packard Enterprise Company

Latest research on Network Analytics Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Network Analytics market. This report included a special section on the Impact of COVID19. Also, Network Analytics Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends.
Network Analytics Market is growing at a CAGR of 20.12% during the forecast period (2021-2026).
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The Network Analytics market is highly competitive and consists of a number of major players. Top Companies like Acce-nture PLC, Cisco Systems Inc., Hewlett Packard Enterprise Company, IBM Corporation, Juniper Networks Inc., SAS Institute Inc., Sandvine Corporation, Alcatel-Lucent Enterprise SA, Tibco Software Inc., Bradford Networks Inc., Ericsson Inc., Nokia Corporation, Allot Communication
Industry News And Developments:
Sep 2017 - IBM and VMware announced that more than 1,400 enterprises are incorporating their cloud-based analytics services, IBM Cloud. To take their partnership further, IBM is launching network control and visibility solutions from F5 Networks and Fortinet.
Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Network Analytics market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Network Analytics Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
- The global IP traffic is expected to increase exponentially in the upcoming years, as network communications are becoming an essential component of multiple business models for present day’s communication companies.
- Hence, it is necessary to improve the network reliability and eliminate disruptions. Increasing adoption of network analytics by cloud service providers (who are facing challenges in maintaining service level agreement (SLA) standards and coping with the top-class quality service and quality of experience (QuE) parameters) is expected to boost the adoption rate of network analytics.
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Key Market Trends
Communication Service Providers Segment is Expected to Witness a Significant Growth
- The telecom industry is leading the market, in terms of the adoption rate of network analytics. Growth in the mobile industry has been dramatic by virtually any measure, and despite some reports of a slowdown, it is still expected to rise.
- The advent of 5G network, coupled with increasing penetration of smartphones, promises to lead to an enormous wave of data traffic. The signs of 5G that demand more speed, greater efficiency, and less latency may be essential to support the connected things in future.
- Telecom organizations are depending on terabytes of data that are being generated and stored in silos and scattered across the business ecosystem. However, for simpler and faster processing of only relevant data, telecom companies need an advanced analytics-driven data solution, which may help them to achieve timely and accurate insights.
North America is Expected to Lead the Market
- The region is expected to occupy the largest market share, but is expected to show a moderate growth rate, due to the early adoption of network analytics by the leading players in the region.
- Availability of technology and infrastructure, increased cyber-malware attack on the networks in the region, and higher technology adoption rate are expected to contribute to the growth of the market in the region. Additionally, the region has the world’s leading telecom companies, like AT&T and Verizon, who are employing network analytics, extensively.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Network Analytics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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