Network Analytics Market Size, Future Scope, Challenges, Opportunities And Forecast from kranti's blog

Market Overview

Market Research Future (MRFR), in its latest report on the Network Analytics Market Size 2020, reveals that the influence of network analysis pandemic on the market, along with other crucial forces that can boost the expansion of the market through the study period. The rise in network analytics market at a high pace can be attribute to the pressing need for advanced analytical tools and solutions in enterprises to combat challenging times. The growing real time network data structure is pushing the need for network analytics across the review period. The rise in popularity of network intelligence solutions and the increase in the awareness about the ability to these solutions to seamlessly plan and manage network capacity can bolster the expansion of the global market of network analytics market rise. The prime priority of communication service providers to avail effective network analytics solutions are expected to drive the network analytics market across the study period. 

Market Segmentation

The segment study of the Network Analytics Market is based on deployment, end-user, type, and organization. The Type based segments of the network analytics market are solutions and service. The rise in the need for network analytics market solution and services are expected to underpin the rise of the market through the review period. 

The Deployment based segment of the network analytics market are cloud and on-premise. The increase in the need for network analytics solutions and their deployment in cloud platform can boost the expansion of the market across the review period. The increase in the need for on premise network analytics solutions are 

The Organization Size based segments of the network analytics market are large enterprises and small & medium enterprises. The penetration of network analytics in the growing businesses and rise in the utility of network analytics solutions across evolving SMEs are likely to impel the expansion of the network analytics market in the review period. 

The End-User segments of the network analytics market are Cloud Service Providers and Communication Service Providers. The increase in the count of cloud services providers are expected to promote the growth of the market in the review period.

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Regional Analysis

Network analytics market in North America is estimated to hold the largest share of the global Network Analytics market through the study period. The rise in the implementation of analytics solutions across major companies in the region is expected to bolster the rise of the regional market. The ease of availability of scalable infrastructure and the escalating risk of cyber-attacks and malware are pressing the demand for the adoption of network analytics. This is expected to boost the expansion of the regional market through the study period. Similar growth boosters are observed in Europe network analytics market. The rise in utility of modern tools and technologies is observed to rise the deployment rate of network analytics can promote the expansion of the market in Europe. Innovations and modifications of existing products are expected to promote the expansion of the network market in Europe. In the Asia Pacific region, the expansion of the network analytics market is expected to surge due to the penetration of these solutions in different sectors of the market. 

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Key Players 

Accenture PLC (Ireland), Juniper Networks (U.S.), Alcatel-Lucent S.A. (France), IBM Corporation (U.S.), Brocade Communications Systems, Inc. (U.S.), Cisco Systems, Inc. (U.S.), HP (U.S.), Bradford Networks, Inc. (U.S.), Ascom Holdings AG (Switzerland), Allot Communication (Israel), Sandvine Inc. (Canada), Tibco Software (U.S.) are some of the prominent players at the forefront of competition in the Global Network Analytics Market and are profiled in MRFR Analysis.

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