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Increasing Sophistication Of Cyber Threats Driving Network Analytics Market Growth Driver: Leading Transformation in the Network Analytics Market in 2025
Network Analytics Market Size
The growth of the network analytics market is anticipated to be driven by the escalating complexity of cyber threats. It is important to understand that cyber threats are malevolent activities or assaults targeting computer systems, networks, or digital gadgets with the intent to disrupt functions, pilfer sensitive data, or inflict damage. These threats are surging as a result of technological progress, enhanced connectivity, and the escalating complexity of cybercriminal behavior. Network analytics plays a crucial role in curbing cyber threats, as it offers real-time supervision, detection, and scrutiny of network traffic tendencies. For instance, the Australian Cyber Security Centre, a government agency based in Australia, reported approximately 76,000 instances of cyberattacks in 2022 in November, marking a 13% increase compared to the previous year. Consequently, the escalating complexity of cyber threats is propelling the growth of the network analytics market.
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What is the future CAGR of the network analytics market, and how will it impact industry expansion?
The scale of the network analytics market has seen a remarkable expansion in the past few years. It is projected to escalate from a value of $4.41 billion in 2024 to $5.35 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 21.2%. Factors driving this growth in the historic period include increased network complexity, heightened concerns over cybersecurity, the necessity for operational efficiency, and the need for regulatory compliance.
Expectations are high for the network analytics market to surge significantly in the coming years, ultimately reaching a value of $11.84 billion by 2029, embodying a compound annual growth rate (CAGR) of 22.0%. This anticipated expansion in the forecast period can be credited to the increasing uptake of AI and machine learning, the competency of edge computing, further proliferation of SD-wan and cloud adoption, as well as a rising demand for predictive insight. Among the prevailing trends in the forecast period are increasing reliance on artificial intelligence and machine learning, prioritizing cloud-native solutions, intensified focus on security analytics, the merging of network and application, and the introduction of 5G networks.
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What are the most significant trends transforming the network analytics market today?
Significant businesses in the network analytics market are concentrating their efforts on creating innovative products like network analytics tools to improve network efficiency, security, and performance. These tools are software solutions engineered to oversee, assess, and enhance network performance, security, and traffic. For example, in June 2022, the American tech firm International Business Machines Corporation introduced IBM Cloud Pak for Watson AIOps version 3.4. This product is linked to IBM SevOne Network Performance Management (NPM) for integrated network analytics. The added connector offers more comprehensive stack observability, facilitating corporations to monitor network data traffic easily and supporting proactive incident management. It highlights several features such as advanced event and alert viewing options, the capacity to concurrently examine numerous metrics, an upgrade in the performance of the change-risk model. Moreover, it offers the ability for users to create custom data collectors, which leads to improved scalability and allows for more efficient resource distribution for innovation instead of merely problem-solving.
Which key market segments comprise the network analytics market and drive its revenue growth?
The network analytics market covered in this report is segmented -
1) By Component: Network Intelligence Solutions, Services
2) By Deployment: Cloud, On-Premise
3) By Enterprise Size: Large, Small And Medium-Sized Enterprises
4) By Application: Customer Analysis, Risk Management, Fault Detection, Network Performance Management, Quality Management, Other Applications
5) By End-User: Cloud Service Providers, Managed Service Providers, Telecom Providers, Other End-Users
Subsegments:
1) By Network Intelligence Solutions: Traffic Analysis Solutions, Network Performance Monitoring Solutions, Network Security Solutions, Data Analytics Solutions
2) By Services: Professional Services, Managed Services
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What regions are at the forefront of network analytics market expansion?
North America was the largest region in the network analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the network analytics market?
Major companies operating in the network analytics market report are Dell Technologies; Huawei; accenture* PLC; IBM Corporation; Cisco Systems Inc.; Broadcom; Hewlett Packard Enterprise Company; Actix; Ericsson Inc.; Nokia Corporation; VMware Inc.; Juniper Networks; Fortinet; Arista Networks; Akamai Technologies; Citrix Systems Inc.; SAS Institute Inc.; F5 Networks; Alcatel-Lucent Enterprise SA; Riverbed Technology; Extreme Networks; Tibco Software Inc.; Netscout; Sandvine Corporation; Allot Communication; Nivid Technologies; Bradford Networks Inc.
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What Is Covered In The Network Analytics Global Market Report?
•Market Size Forecast: Examine the network analytics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the network analytics market for a structured understanding.
•Key Players Overview: Analyze major players in the network analytics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the network analytics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the network analytics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the network analytics market.
•Industry Challenges: Identify potential risks and obstacles affecting the network analytics market.
•Competitive Landscape: Review strategic developments in the network analytics market, including expansions, agreements, and new product launches.
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