Selbyville, DE -- (SBWIRE) -- 11/07/2018 -- The newly released research at Market Study Report titled "2018-2024 Global Network Traffic Analytics Market Report" provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

North America held around 52% of the market share in 2017 and is anticipated to remain the network traffic analytics market leader over the forecast timeframe. The major factors contributing to the growth of the region include the early adoption of the network traffic analytics solutions along with the presence of the leading industry players including Cisco, IBM, and Microsoft. The companies operating in this region are also entering into strategic partnerships to expand their businesses offerings. For instance, in February 2018, Barefoot Networks, a firm based in the U.S. is delivering network monitoring systems partnered with Netsia to enable service providers to get complete network visibility. As the service providers are using the new 5G networks, this partnership will assist them in delivering and running the services seamlessly.

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Network Traffic Analytics Market is projected to surpass USD 2,500 million by 2024. This market is growing rapidly due to the rising adoption of IoT, BYOD, and connected devices. These technologies are on the verge of transforming the business processes as they offer various benefits such as flexibility, growth, and employee satisfaction. However, with a rise in these technologies, there is also a massive growth in the amount of data generated in the enterprise networks. The higher amount of IoT network traffic makes network management and capacity planning more difficult. These devices are also a target by malicious attackers, disrupting the entire organization infrastructure. Therefore, network traffic analytics solutions are largely being adopted by the enterprises to handle the traffic generated by millions of connected devices. They assist the enterprises by monitoring high volumes of data and easily incorporate newly deployed devices to curb the potential threats to the entire system.

The development of SaaS enabled network traffic analytics solutions has accelerated the overall market growth. Due to the growing technological advancements and market consolidation, enterprises are offering SaaS enabled solutions to their customers. They offer multiple advantages such as enhanced scalability and administration, improved productivity, data storage convenience, and delivery of new services with optimum resilience and security. They also automatically update products empowering them to prevent the growing cyber-security threats. These devices are architected in a way to scale on demand without the requirement of any additional capital expenditure on appliance hardware. Therefore, the acceptance and growth of SaaS enabled network traffic analytics solutions are increasing rapidly.

The service providers dominate the end-use network traffic analytics market as they collect huge volumes of network data creating insights into customer experience, service performance, and behavior for data-driven decision making. Moreover, due to the emergence of new players, new business models and emerging technologies the service providers are investing funds to expand their business offerings into emerging markets and enhance profitability.

Some of the major vendors operating in the network traffic analytics market are Microsoft, Cisco, IBM, Nokia Networks, Juniper Networks, Symantec, Flowmon, Bradford Networks, Allot Communication, Palo Alto Networks, Ascom Holdings, SolarWinds, Accenture, Kentik, Genie Networks, Huawei, Plixer, and Zenoss.

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Table of Content:

Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope
1.1.5. Definition
1.1.6. Methodology and research parameters
1.2. Data Sources
1.2.1. Primary
1.2.1.1. Paid Sources
1.2.1.2. Public Sources
1.2.2. Secondary

Chapter 2. Executive Summary
2.1. Network traffic analytics industry 360 degree synopsis, 2015 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Deployment model trends
2.1.4. Component trends
2.1.4.1. Solutions trends
2.1.4.2. Services trends
2.1.5. End-use trend
2.1.5.1. Service providers trends
2.1.5.2. Enterprise trends

Chapter 3. Network Traffic Analytics Market Industry Insights
3.1. Introduction
3.2. Network traffic analytics industry segmentation
3.3. Network traffic analytics industry landscape, 2015 - 2024
3.4. Network traffic analytics industry ecosystem analysis
3.5. Network traffic analytics industry evolution
3.6. Network traffic analytics industry architecture
3.7. Market news
3.8. Regulatory landscape
3.8.1. Network and Information System (NIS) Regulation
3.8.2. European Union Agency for Network and Information Security (ENISA)
3.8.3. Australian Communications and Media Authority (ACMA)
3.8.4. Telecom Regulatory Authority of India (TRAI)
3.8.5. General Data Protection Regulation (GDPR)
3.8.6. Cybersecurity law China
3.8.7. California Online Privacy Protection Act (CalOPPA)
3.9. Technology & innovation landscape
3.9.1. AI and ML-based cybersecurity to deal with real-time threats
3.9.2. Adoption of predictive analytics
3.9.3. Rising advent of edge computing
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.1.1. Advancement in network infrastructure
3.10.1.2. Rise in the amount of DDoS attacks
3.10.1.3. Growth in the adoption of IoT and BYOD and connected devices
3.10.1.4. Exponential rise in the cloud traffic worldwide
3.10.1.5. Increasing demand for IT budget in security sector
3.10.1.6. Development and growth of SaaS-enabled network traffic analytics solutions
3.10.2. Industry pitfalls & challenges
3.10.2.1. High initial investment related with network traffic analyzer tools
3.10.2.2. Accessibility to free network traffic analysis tools
3.10.2.3. Operators inefficiency to choose the network traffic analytics solution as per their business requirement
3.11. Growth potential analysis

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