World Network Traffic Analyzer Market to Post 16.9% CAGR to 2022, Forecasts M&M in Its New Report Published at MarketPublishers.com
08 Nov 2017 • by Natalie Aster
LONDON – Worldwide, the size of the network traffic analyzer market is poised to record a 16.9% CAGR, increasing from USD 745.8 million as of 2017 to amount to USD 1,631.2 million by 2022.
The key drivers of the sector’s growth include rising concerns about network security across organisaitons, requirement of maintaining Quality of Experience (QoS), soaring awareness about network traffic analyzer tools to attain business continuity, and world growth of network infrastructure. Meantime, the high cost of network traffic analyzer tools and dearth of awareness amid network managers to opt for a solution as per business requirements could restrain the growth of the market.
With respect to deployment types, cloud computing model is one of the most efficient technologies that have a bearing on every business line. Some of the benefits of the cloud-based kind of deployment comprise flexibility, affordability, scalability, low cost, and operating efficiency. The overall uptake of cloud-based solutions is in its nascency, and is poised to observe considerable growth in the foreseeable future.
Amongst all verticals, the BFSI sector accounts for the highest rate of adoption of network traffic analyzer. Enterprise networks are subject to threats owing to network tampering or cyber-attacks, which may result in the overall network failure or cause financial instability. To cope with specfic challenges, 24/7 network connectivity and flawless network availability are crucial, which can be achieved by incessantly monitoring and analysing the network in question.
Geography-wise, APAC, led by China, India, Japan and Australia, are poised to see fast uptake of network traffic analyzer tools.
New in-demand study “Network Traffic Analyzer Market - Global Forecast to 2022” drawn up by M&M offers an all-encompassing analysis of the marketplace from a global angle. The report segments the market by solutions and services, types of deployment, organisation sizes, end-use sectors, and maps these segments across leading regions. The report provides an analysis of the revenue figures for the market as a whole and the sub-segments across various regions. The publication sheds light on the market dynamics investigating the major drivers and obstacles, opportunities, and market challenges. It provides detailed market shares of top 4 companies and regions for 2017. The study investigates the competitive scenario and discusses the prominent players in the industry, covering their business overview, products and services, leading strategies, new product launches, and different industry activity. The report provides extensive forecasts of the market size during 2015-2022.
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