Press release
Network Traffic Analysis Market Rising Trends, Demand and Global Outlook 2022 to 2027
The Network Traffic Analysis Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Network Traffic Analysis Market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Network Traffic Analysis Market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Network Traffic Analysis Market.The Network Traffic Analysis Market was valued at USD 0.93 billion in 2019 and is expected to reach USD 2.03 billion by 2027, at a CAGR of 13.87% over the forecast period 2022 - 2027.
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Top Leading Companies of Network Traffic Analysis Market are - Netreo Inc., Dynatrace LLC, Kentik Technologies Inc., Palo Alto Networks Inc., IpswITCh Inc. (Progress Software Corporation), ManageEngine (Zoho Corp. PVT. LTD), Flowmon Networks AS, GreyCortex SRO, Genie Networks Ltd, Netscout Systems Inc., SolarWinds Corporation and others.
Industry News and Updates:
- July 2022 - Kentik launched the Synthetic Monitoring Solution as an offering toward Autonomous Testing for Cloud and Hybrid Networks. This synthetic monitoring will proactively test for performance elements and adapt to dynamic internet traffic and paths.work analytics from Nyansa and the cloud-native security platform from Octarine.
- April 2022 - Awake Security, a cybersecurity startup, acquired USD 36 million Series C funding to fuel the expansion and adoption of its advanced network traffic analysis platform. The company also shared plans to propel expansion in areas, including R & D, sales, and marketing, to meet the growing demand for its advanced network traffic analysis platform.
Key Market Trends:
BFSI Sector is Expected to Hold a Significant Market Share
- Due to the presence of a large networking framework, coupled with critical data, the BFSI sector faces several data breaches and cyber-attacks due to the large customer base that the industry serves. Also, as per the 2019 EFMA Survey on Retail Banking, the banking industryÕs priorities are expected to change significantly by 2027, with 25% aiming at open banking and 28% on digital channel migration, among others. This is suggestive of critical importance being given to digital transformation by retail bankers.
- The utilization of banking and financial services through online portals is increasing rapidly, owing to the increasing trend of digitization in banks across emerging economies such as India. This may boost the traffic on their platforms, making it essential for these institutions to continuously monitor and analyze the traffic, enabling them to serve their consumers better.
North America Holds Significant Market Share
- North America is the base of some of the prominent technology companies, data center operators, and service providers. The requirement for NTAs across all allied sectors is driven by the deployment of advanced network capabilities and operating critical communication networks. Another factor bolstering the region's dominance in the market studied is the presence of market vendors in the region, which has increased the proportion of direct sales, as well as the sales of the international markets served by this region.
- The need for greater security measures has pushed vendors to innovate their network security portfolios to suit the customer requirements. Likewise, in the United States, as per Ericsson's Mobility Report 2019, it is estimated that video accounted for 60% of traffic on mobile networks in 2019 and would grow to make up 75% of mobile traffic networks by 2027. In turn, this is going to lead major end-user industries such as retail and tourism to increase investments toward NTAs.
Investigator Observers Strong Growth in Specific Regions:
- Europe Market (Germany, UK, France, Russia, Italy)
- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- South America Market (Brazil, Argentina, Colombia)
- North America Market (United States, Canada, Mexico)
- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Network Traffic Analysis Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Network Traffic Analysis Market (%),2016 - 2026
- Network Traffic Analysis Market Share, By Brand
- Network Traffic Analysis Market Share, By Company
- Network Traffic Analysis Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Network Traffic Analysis Market Value Analysis & Forecast
- Promising Network Traffic Analysis Market Development by Major Companies
- Detailed Network Traffic Analysis Market Portfolio of the Major Companies
- Major Deals in the Network Traffic Analysis Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02285842142/network-traffic-analysis-market-growth-trends-and-forecasts-2022-2027?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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