Network Analytics Sector to Register around 25.7% CAGR through 2020, States Infiniti Research in Its New Report Available at MarketPublishers.com13 Jun 2016 • by Natalie Aster
LONDON – Extensive use of mobile devices and the rising access to app stores by way of mobile devices has resulted in increased acceptance of network access control and network optimisation solutions. With the growth of network traffic worldwide, the demand for network traffic management tools and solutions is also rising at a fast pace. In addition, customers’ changeable needs have laid vendors under a necessity to enhance their network analytics solutions on a regular basis.
The world network analytics market is forecast to register around a 25.7% CAGR through 2020, fuelled mainly by increased embracing of BYOD, surging affordability of real-time analytics, rising use of networks, and adherence to governmental regulations. The market has also seen the emergence of SaaS solutions, rising volume of DDoS attacks, an increase in M&A, and growing need for Wi-Fi offload solutions. However, network infrastructure problems, high deployment costs, and dearth of effective analytics solutions are amid the key challenges to the sector’s expansion and growth.
The market is inhabited with the leading players such as Cisco Systems, Accenture, IBM, Juniper Networks, Hewlett Packard Enterprise and SAS Institute.
New comprehensive report “Global Network Analytics 2016-2020” elaborated by Infiniti Research reviews the current performance of the market from a global perspective, alongside giving an overview on the historical background and speculating on the growth potential of the market through 2020. The research report analyses the market size by calculating the revenue produced from the sales of the various network analytics solutions and services. The study considers the market dynamics by examining the key market growth drivers & challenges as well as evaluating their impact on the industry. In addition, the report presents granular market segmentation by end-use sector and by geographic region. It also explores the competitive landscape and gives details on the major outstanding players in the industry.
More new research publications elaborated by this publisher can be found at Infiniti Research page.