Network Traffic Analyzers Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Network Traffic Analyzers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global network traffic analyzers market grew at a CAGR of around 12% during 2015-2020. Network traffic analysis refers to a method of intercepting, recording, and analyzing network traffic communication patterns to detect security threats. A network traffic analyzer is widely adopted by network administrators to regulate network traffic and determine issues that cause slowdowns, bottlenecks, and downtime. The analyzer solutions help in improving the visibility of devices that are connected to the network, troubleshooting operational and security issues, enabling behavioral-based threat detection, providing better security automation, etc. As a result, network threat analyzers are widely adopted across diverse sectors, such as BFSI, network service providers, healthcare, retail, telecommunication, media and entertainment, government and utilities, etc.

The growing adoption of advanced network management systems for handling network traffic and complexities is primarily driving the market for network traffic analyzers. Furthermore, the increasing need for internal network security due to the rising incidences of cyberattacks is also propelling the market growth. Additionally, the elevating levels of digitization across diverse industrial verticals, such as healthcare, retail, manufacturing, etc., are further augmenting the demand for network traffic analyzers for improved network efficiency through centralized management. In line with this, numerous small and medium enterprises (SMEs) are getting inclined towards network traffic analyzers for enhanced information technology (IT) agility and network customization through reliable application services. Moreover, the emergence of Virtualized Network Function Infrastructure (VNFI) coupled with the rising deployment of virtual machines in the software-defined environment to monitor traffic flow is further bolstering the global market. Besides this, the increasing investments in extensive R&D activities for the launch of SaaS-enabled network traffic analytics solutions are also catalyzing the market for network traffic analyzers. In the coming years, a significant growth in cloud-based network traffic analytics solutions coupled with the advancements in 5G network infrastructures will continue to drive the market growth. Looking forward, IMARC Group expects the global network traffic analyzers market to continue its strong growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global network traffic analyzers market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, deployment type and end user.

Breakup by Component:

Solutions
- Bandwidth Monitoring
- Network Security
- Auditing Trials
- Application Monitoring
- Others
Services
- Integration and Consulting
- Training and Support

Breakup by Deployment Type:

Cloud
On-Premises

Breakup by End User:

Service Providers
Data Centers
Government
Healthcare
Retail
Banking and Financial Services
Media and Entertainment
Telecommunication
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Awake Security (Arista Networks), Broadcom Inc., Cisco Systems Inc., Darktrace, Dynatrace LLC, FireEye Inc., Flowmon Networks a.s., Genie Networks Ltd., HPE-Aruba, Ipswitch Inc. (Progress Software Corporation), Kentik Technologies Inc., ManageEngine (Division of Zoho Corporation), MixMode, Netscout Systems Inc., Nokia Oyj, Plixer LLC and Vectra AI.

Key Questions Answered in This Report:

How has the global network traffic analyzers market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global network traffic analyzers market?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global network traffic analyzers market and who are the key players?
What is the degree of competition in the industry?