Global Network Analytics Market Stands at USD 768.2 Million in 2015, and Is Expected to Grow to USD 2.32 Billion in 2020
15 Mar, 2016, 13:10 GMT
DUBLIN, March 15, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/k5tbpf/network_analytics) has announced the addition of the "Network Analytics Market - Global Forecast to 2020" report to their offering.
With the increasing digital and technological connections in the world, the global consumption of communication services continues to increase. The global IP traffic is expected to increase threefold over the next five years. The subscriber bases for these services are exploding with population growth and rising per capita income in the developing nations.
Yet, the revenue forecasts for the communication services industry remain sluggish and the costs of providing the infrastructure for data continue to rise. Thus, Communication Service Providers (CSPs) need to simplify operations to reduce costs, invest in digitalized network services, and focus on customers to gain insights into their business preferences. CSPs should analyze network traffic and data to anticipate customer demands in advance.
The network congestions and resulting decrease in Quality of Service (QoS) and Quality of Experience (QoE) are taking a severe toll from the communication service providers. This can be majorly accounted to the exponentially increasing number of subscribers of cloud and communication services across the globe. This factor could cause severe anomaly in the network performances leading to failure of cloud providers & CSPs to sustain an efficient network infrastructure.
North America is expected to have the largest market share and dominate the network analytics market from 2015 to 2020, due to a large number of solution vendors being headquartered in the U.S. Asia-Pacific (APAC) offers potential growth opportunities, as there is rise in smartphone penetration and larger infrastructure investments by CSPs and cloud service providers that are turning towards network analytics solutions to efficiently manage their expanding operations.
Companies Mentioned:
- Accenture PLC
- Alcatel-Lucent
- Bradford Networks
- Brocade Communications Systems, Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Juniper Networks
- SAS Institute, Inc.
- Sandvine Corp
- Tibco Software
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Network Analytics Market Analysis, By Type
8 Network Analytics Market Analysis, By End User
9 Network Analytics Market Analysis, By Deployment Model
10 Network Analytics Market Analysis, By Organization Size
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
14 Key Innovators
For more information visit http://www.researchandmarkets.com/research/k5tbpf/network_analytics
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SOURCE Research and Markets