Press release
Network Analysis Market Dynamics And Strategies For Success 2024-2031 | Cisco Systems Inc, IBM Corporation, Microsoft Corporation, and Others
Global Network Analysis Market reached US$ 2.3 billion in 2022 and is expected to reach US$ 9.4 billion by 2031 growing with a CAGR of 19.4% during the forecast period 2024-2031.This study enhances the understanding of global Network Analysis Market dynamics and structure by segmenting and analyzing various market sectors while estimating the overall market size. The purpose of this market research report is to provide a thorough analysis, including insightful observations, statistics, historical data, and industry-validated insights. It also aims to offer forecasts based on solid assumptions and methodologies.
The network analysis market has seen rapid growth due to increasing cybersecurity threats, the growing complexity of networks, and the demand for improved performance and efficiency. Various industries, such as IT, telecommunications, BFSI, and healthcare, depend on network analysis solutions to ensure smooth operations and manage risks. The market is highly competitive, with key players like Cisco, IBM, SolarWinds, and NETSCOUT holding over one-third of the global market share. These companies are expected to expand their presence further as investments and advanced technology adoption rise.
Competitive Landscape
The report go through the competitive positioning of key companies, examining aspects such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach.
Cisco Systems Inc, IBM Corporation, Microsoft Corporation, SAS Institute Inc Oracle Corporation, Splunk Inc, Riverbed Technology Inc, NetScout Systems Inc, Ixia, and SolarWinds Inc.
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Key Developments
• On February 1, 2018, Orange S.A., a U.S.-based telecommunications company, launched next-gen Cisco network automation features across its IP and Data Portfolio.
• In 2022, at RSAC 2022, IBM announced plans to acquire Randori, a company that helps clients identify external assets attackers might target and prioritize the most vulnerable ones, both on-premises and in the cloud.
• On March 1, 2023, ExtraHop, a leader in cloud-native network detection and response, announced its recognition as a notable vendor in Forrester Research's Network Analysis and Visibility Landscape report for Q1 2023.
Market Segmentation
The Network Analysis market research report is segmented:
By Component: Services, Network Intelligence Solutions
By Deployment: On-premises, Cloud
By Organization: SMEs, Large Enterprises
By Application: Customer Analysis, Risk Management and Fault Detection, Network Performance Management, Compliance Management, Quality Management, Others
By End-User: Cloud Service Providers, Managed Service Providers, Telecom Providers, Others
Regional Analysis
North America: US, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Rest of Europe
Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific
South America: Brazil, Argentina, Rest of South America
Middle East and Africa
*Note: The full version of the report includes an in-depth analysis of emerging players and startups, providing valuable insights into the evolving market landscape and key strategies being adopted.*
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Key Questions Addressed in the Study
➡What is the projected growth rate of the Network Analysis Market during the forecast period of 2031?
➡What are the primary factors driving the Network Analysis Market across different regions?
➡Who are the leading vendors in the Network Analysis industry, and what strategies contribute to their success?
➡What is the expected market scope for the upcoming period?
➡What significant trends are shaping the industry's growth in the near future?
➡What challenges does the Network Analysis Market face?
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Related Reports:
Industrial Cybersecurity Market: https://www.datamintelligence.com/research-report/industrial-cybersecurity-market
Manufacturing Predictive Analytics Market: https://www.datamintelligence.com/research-report/manufacturing-predictive-analytics-market
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