Global Network Analytics to Grow 25.68% by 2020 - Increased Adoption of BYOD - Research and Markets

DUBLIN, June 17, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Network Analytics 2016-2020" report to their offering.

The global network analytics market is forecast to grow at a CAGR of 25.68% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend which is boosting market growth is the increased need for Wi-Fi offload. Wi-Fi and limited radio access capacity has changed the consumer behavior and the way consumers access services on telecom networks. This has generated a boom in Wi-Fi offloading, which has become a dominant access technology for smartphones. For example, approximately 40% of total smartphone traffic runs over a cellular data network, and the rest runs over the Wi-Fi. There are different types of offloading including private offload, public offload, and carrier-class Wi-Fi. Private offload uses home or office Wi-Fi, whereas public offload uses a standard Wi-Fi hotspot model.

According to the report, a key growth driver is the increased adoption of the bring-your-own-device concept. The need for uninterrupted connectivity between a corporate network and employee devices has increased the demand for mobile devices. We estimate that the US mobile workforce was more than 50 million, which was 38.46% of the global mobile workforce in 2015 and will grow at a CAGR of 14.87% by 2020. The global mobile workforce was approximately 1.3 billion in 2015 and will reach approximately 1.64 billion by 2020. The growing mobile workforce has led to employees using their personal portable devices such as smartphones, laptops, and tablets to access and store confidential information.

Further, the report states that one challenge that could hamper market growth is the high cost of deployment. Many organizations, especially SMBs, do not have proper network analytics solutions in place because of budget constraints.

Key vendors

• Accenture
• Cisco Systems
• Hewlett Packard Enterprise
• IBM
• Juniper Networks
• SAS Institute
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Market segmentation by region

PART 08: Buying criteria

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Five forces model

PART 15: Vendor landscape

PART 16: Description of major vendors

For more information visit http://www.researchandmarkets.com/research/k27sk5/global_network

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

Research and Markets
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SOURCE Research and Markets