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Global Network Traffic Analysis Solutions Market: Ability to Prevent Harmful Attacks Lure End Users - Transparency Market Research


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Transparency Market Research

15 Dec, 2017, 13:30 GMT

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ALBANY, New York, December 15, 2017 /PRNewswire/ --

Transparency Market Research states that the competitive landscape in the global network traffic analysis solutions market highly fragmented due presence of several players. However, several vendors are trying to develop foolproof cloud solutions to remain on top of their game. The key players in the global market are Netmon Inc., Genie Networks, Flowmon Networks, NetScouts, and ManageEngine. Focus on catering to BFSI and healthcare segment is expected to be the winning strategy of these players in the near future.

According to the research report, the global network traffic analysis solutions market is expected to reach a valuation of US$4,985.2 mn by the end of 2025. During the forecast years of 2017 and 2025, the global market is expected to surge at a remarkable CAGR of 16.1%. Out of all the industrial verticals, the banking, financial services, and insurance (BFSI) sector is expected to do well in the coming years. The need for better security and swift transactions is expected to propel this segment. In terms of geography, Asia Pacific is expected to dominate the global market as emerging economies will create multitude of opportunities for the uptake of network traffic analysis solutions. This regional market is estimated to rise at a CAGR of about 18% during the forecast years.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29177

Need for Smoother and Safer Operations Increases Demand for Network Traffic Analysis Solutions 

Network traffic analysis solutions play an important role in gaining insights about availability of bandwidth and its distribution. This allows end users to identify threats, which can be thwarted using denial of service (DoS) and zero-day attacks to ensure smoother operations. This in turn leads to prioritizing of traffic and eliminating the chances of overload. Deployment of network traffic analysis also helps in improving performance by highlighting congestion sources, network congestion points, and optimization of packet routes. Better performance in turn leads to a reduced or an optimized operational cost and effective management of resources. In light of all of these reasons, various industrial verticals across the globe are making investments in network traffic analysis solutions.

Growth in the number of connected smart devices and increasing IT security budget are expected to be major drivers of the market's growth. The market is also expected to receive push from the advancement in the cyber security field and also the growing number of smart city projects. Migration towards cloud is also expected to boost the market's growth. The accelerated usage of cloud computing, big data, and mobility services are collectively expected to have a generous contribution to the rise of the global network traffic analysis solutions market. The ability to allow real-time traffic monitoring in addition to identifying security breaches will continue to be the unique selling point for several vendors.

Request a Custom Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=29177

Rising Popularity of BYOD to Restraint Global Market 

However, the market growth is expected to be hindered by the concerns over data security due to vulnerable networks with infrequent security updates. Careful scrutiny of packets on networks allows intruders to retrieve sensitive information that could harm organization. Moreover, the market is expected to face restraint due to the BYOD (Bring Your Own Device) movement gaining momentum. These factors are likely to act as restraints to the global network traffic analysis solutions market in the coming years.

This review is based on Transparency Market Research's report, titled "Network Traffic Analysis Solutions Market (Deployment Type - Cloud and On-Premises; User Type - Small and Medium Enterprise (SME) and Large Enterprise; Industry Vertical - Banking, Financial Services, & Insurance (BFSI), Government, Healthcare, Energy & Utilities, Education, Telecom & IT, Manufacturing, Retail And Others (Media & Entertainment, Aerospace & Defense, And Hospitality)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025".

Browse Press Release at https://www.transparencymarketresearch.com/pressrelease/network-traffic-analysis-solutions-market.htm  

The Global Network traffic analysis solutions Market is segmented as below:

Global Network traffic analysis solutions Market, By Deployment Type 

  • Cloud
  • On-Premise

Global Network traffic analysis solutions Market, By User Type 

  • Small and Medium Enterprise (SME)
  • Large Enterprise

Global Network traffic analysis solutions Market, By Industry Vertical 

  • Banking, Financial Services, & Insurance (BFSI)
  • Government
  • Healthcare
  • Energy & Utilities
  • Education
  • Telecom & IT
  • Manufacturing
  • Retail
  • Others (Media & Entertainment, Aerospace & Defense, and Hospitality)

Global Network traffic analysis solutions Market, By Geography 

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Rest of APAC
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

Popular Research Reports by TMR: 

  • Cloud Managed Service Market:  

https://www.transparencymarketresearch.com/cloud-managed-services-market.html

  • Datacenter Network Consulting and Integration Service Market:  

https://www.transparencymarketresearch.com/datacenter-network-consulting-integration-service-market.html

About Us 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Website: http://www.transparencymarketresearch.com
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