Research Nester’s recent market research analytics on “Network Traffic Analytics Market: Global Demand Analytics & Opportunity Outlook 2035” delivers a detailed competitor’s analytics and a detailed overview of the global network traffic analytics market in terms of market segmentation by component, deployment, end user, and by region.
Growing Concerned for the Expansion of Network Infrastructure as a Result of the Rise in Data Centers and Shared Storage to Promote Global Network Traffic Analytics Market
Network bandwidth utilization and network performance have been controlled and optimized by several IT professionals and businesses using network traffic analytics tools. However, as more companies use IoT, AI, cloud computing, and more internet access, data traffic is surging. Enterprise infrastructure is also becoming digital as a result of the widespread use of these cutting-edge technologies, which in turn leads to a surge in cybercrimes and makes it feasible for hackers to steal important data.
It is expected that the bandwidth produced by the internet of things would increase dramatically with the implementation of next-generation wireless network 5G. Another estimate based on assumptions about the future predicts that users of mobile devices like smartphones will be able to explore online services significantly faster due to a projected increase in the speed at which data may be delivered. Furthermore, it will significantly reduce overall latency, enabling continuous streaming of video and other content. This is because there will be a decrease in overall latency.
Growth Drivers:
· Growing Demand for Real-Time Network Data Analytics
· Increasing Use of Cutting-Edge Technology
Challenges;
The Issues faced by network traffic analytics related to dealing with large amounts of data are predicted to hamper the market’s growth. As large enterprises comprise complex data that need a large space for network traffic analytics.
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By component, the network traffic analytics is divided into software and service segments. Over 60% of the market share is anticipated to go to the software sector, which is predicted to dominate. The increasing demand for better network management systems to handle network traffic complexity and increased cybercrime is what is driving the need for network traffic analytics software. The urgent need to ensure communication is transparent at both the device and system levels is driving the market's expansion.
By region, the Europe market for network traffic analytics is estimated to grow over the forecast period. This growth of the market in this region is due to the increase in the number of data centers, and rising regulations implemented by the government related to data security. In addition, the deployment of 5G technology in the Europe region is set further to contribute to the growth of the market in the region.
This report also provides the existing competitive scenario of some of the key players of the global network traffic analytics market which includes company profiling of, are Awake Security Inc., Broadcom Corporation, NEC Corporation, NETSCOUT Systems, Inc., Netreo Incorporated, Core Security Technologies, Nokia Corporation, Accenture Plc, Kentik Technologies Inc. and others.
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