Network Analytics Market

“Network Analytics Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global network analytics market. Network analytics is an application and tool of big data used to manage the security of data networks. It identifies trends and patterns in network data, uses statistical techniques to find solutions for critical problems in the network, and takes proactive steps to resolve the issue on time, which allows corporations to understand user behavior. It also enhances the performance and security of the network and makes better threat remediation and business planning decisions. In addition, it assists in business process optimization, accurately monitors performances, enhances security, quickly detects security threats and KPI tracking, and can apply real-time streaming analytics to significant data requirements. Owing to these benefits, network analytics solutions are gaining traction among cloud, managed, and telecom service providers across the healthcare, banking, financial services, and insurance (BFSI) industries across the globe.

The market is primarily driven by the escalating demand for cloud computing across various industrial sectors. In addition, the surging need for network optimization is accelerating the adoption of autonomous and self-managing networks. Moreover, the widespread product utilization in the telecom sector for large-scale analytical models is augmenting the market growth. Besides this, various technological advancements and product innovations facilitated by the internet of things (IoT) and the emergence of industry 4.0 represent other major growth-inducing factors. Along with this, the advent of 5G networks with enhanced efficiency, less latency, and more speed and the growing penetration of smartphones generating extensive data traffic is providing a positive thrust to the market growth. Apart from this, the increasing cyber-malware attacks on the networks and the higher technology adoption rate are propelling the market growth. In line with this, increasing research and development (R&D) activities, mergers and acquisitions (M&A), partnerships, and collaboration among key market players are also creating a positive market outlook across the globe.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the network analytics market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the network analytics market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the network analytics market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the network analytics industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the network analytics industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the network analytics industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the network analytics industry. Furthermore, the value chain analysis of the network analytics industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Network Analytics Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the network analytics industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.