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According to a new report Global Network Analytics Market, published by KBV Research, The Global Network Analytics Market size is expected to reach $3.7 billion by 2025, rising at a market growth of 18.3% CAGR during the forecast period. Major factors expected to drive network analytics market growth include addressing the complexities of the network arising from the emergence of new technology such as 5G, IoT, and cloud; growing data volume and traffic flow changes; and increasing SDN integration with existing network infrastructure.
Over the forecast period, North America is expected to hold the largest market size. Due to the country's large-scale adoption of network analytics tools by organizations and companies, the US has evolved as the biggest market for network analytics. The high pace of infrastructure development in the US, along with the rapid escalation of the Internet of Things (IoT), Machine Learning (ML), Artificial Intelligence (AI), and cloud computing, can be attributed to the emergence of network analytics in the US. The Europe market is expected would grow at a CAGR of 17.4% during (2019 - 2025). Additionally, The Asia Pacific market is projected to witness a CAGR of 20.3% during (2019 - 2025).
The Network Performance Management market dominated the Global Network Analytics Market by Application 2018, growing at a CAGR of 16.7 % during the forecast period. The Risk Management and Fault Detection market shows significant growth rate of 17.3% during (2019 - 2025). Additionally, The Customer Analysis market would experience witness highest CAGR of 19.1% during (2019 - 2025).
The Telecom Providers market dominated the Global Network Analytics Market by End User 2018, growing at a CAGR of 16.7 % during the forecast period. The Managed Service Providers market is anticipated to witness a CAGR of 17.4% during (2019 - 2025). The Cloud Service Providers market would witness a prominent CAGR of 19.2% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/network-analytics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Extreme Networks, Inc., IBM Corporation, Huawei Technologies Co., Ltd., SAS Institute, Inc., Nokia Corporation, Accenture Plc., Hewlett Packard Enterprise Company, NetScout Systems, Inc. and Ericsson AB.
By Deployment Type
By Organization Size
By End User
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