Global Network Analytics Market is valued at approximately USD 2.10 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 20.50% over the forecast period 2022-2029. Network analytics is the set of big data principles and tools to the data used to direct and secure data networks. Network analytics is most useful for organizations with complicated networks, congested networks, or high-security requirements. Therefore, large enterprises are more likely to use network analytics extensively than small businesses. Network Analytics can be used by IT departments to improve security, optimize performance, troubleshoot subtle issues, predict traffic trends, identify potential problems, and perform comprehensive forensic investigations and audits. Adoption Of New Technologies such as 5G and IoT and Increase in Global IP traffic are the major factors driving the growth of the market.
According to IDC's 2021 Global Survey of IT Leaders, the biggest challenges in building a resilient digital infrastructure are performance and security issues across many critical workloads and the use of cloud services and the cost and complexity of management, the difficulty of updating IT. According to the Report, the network analytics market is to grow to US$2.5 Bn in 2022 and is expected to reach US$14.4 Bn by 2032. Some various factors are driving network growth, such as increasing network complexity due to the introduction of new technologies such as 5G, Internet of Things (IoT), and cloud, and increasing data volume due to changing traffic patterns along with increasing global IP traffic and increasing adoption of Software-Defined Network (SDN) integration with legacy systems will also one factor for driving growth of the market. Although the rising demand for real-time network analytics and the growing number of connected devices creating a need for network analytics solutions are likely to bring many opportunities in the network analytics market in the future. However, the Lack of budgets of SMEs and high capital expenditures (COPEX) and operating expenses (OPEX) for network intelligence solutions are restraining the growth of the network analytics market worldwide.
The key regions considered for the Global Network Analytics Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the network analytics market share in the forecast period from 2022-2029. Owing to the large-scale implementation of network analytics tools by enterprises and organizations in the country and with the growth of Artificial Intelligence (AL), Machine Learning (ML), and the Internet of things (IOT), the US will continue to dominate the market. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in technology, and rapid expansion in nations, such as China, India, Japan, Hongkong are key contributors to region's network analytics market.
Major market players included in this report are:
- Cisco Systems, INC.
- Broadcom Inc.
- International Business Machines Corp.Nokia Corporation
- Statistical Analysis System (SAS) Institute Inc.
- Accenture Plc
- SevOne Inc.
- Huawei Technologies Co. Ltd.
- Juniper Networks Inc.
- Microsoft Corporations
Recent Developments in the Market:
- In June 2022, Telefonica Tech collaborated with Cisco to Strengthen and innovate network and security solutions for customers.
- In January 2019 Singularity Network, an infrastructure analytics Company. Was acquired by Cisco.
Global Network Analytics Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Component, Application, End User, Deployment Mode, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Component:
- Network Intelligence Solution
- Services
By Application:
- Customer Analysis
- Risk Management and Fault Detection
- Network Performance Management
- Compliance Management
- Quality Management
- Others
By End User:
- Cloud Service provider
- Managed Services provider
- Telecom Service provider
- Others
By Deployment mode:
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Network Analytics Market, by region, 2019-2029 (USD Billion)
- 1.2.2. Network Analytics Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Network Analytics Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Network Analytics Market, by Deployment Mode, 2019-2029 (USD Billion)
- 1.2.5. Network Analytics Market, by End User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Network Analytics Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Network Analytics Market Dynamics
- 3.1. Network Analytics Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Adoption Of New Technologies such as 5G and IoT
- 3.1.1.2. Increase in Global IP traffic
- 3.1.2. Market Challenges
- 3.1.2.1. High Capital expenditure and small-scale enterprise
- 3.1.3. Market Opportunities
- 3.1.3.1. Demand of real time analysis and rise in connected devices
Chapter 4. Global Network Analytics Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Network Analytics Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Network Analytics Market by Component, Performance - Potential Analysis
- 6.3. Global Network Analytics Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
- 6.4. Network Analytics Market, Sub Segment Analysis
- 6.4.1. Network Intelligence Solution
- 6.4.2. Services
Chapter 7. Global Network Analytics Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Network Analytics Market by Application, Performance - Potential Analysis
- 7.3. Global Network Analytics Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Network Analytics Market, Sub Segment Analysis
- 7.4.1. Customer Analysis
- 7.4.2. Risk Management and Fault Detection
- 7.4.3. Network Performance management
- 7.4.4. Compliance Management
- 7.4.5. Quality Management
- 7.4.6. Others
Chapter 8. Global Network Analytics Market, by Deployment Mode
- 8.1. Market Snapshot
- 8.2. Global Network Analytics Market by Deployment Mode, Performance - Potential Analysis
- 8.3. Global Network Analytics Market Estimates & Forecasts by Deployment Mode 2019-2029 (USD Billion)
- 8.4. Network Analytics Market, Sub Segment Analysis
- 8.4.1. Cloud
- 8.4.2. On-premises
Chapter 9. Global Network Analytics Market, by End User
- 9.1. Market Snapshot
- 9.2. Global Network Analytics Market by End User, Performance - Potential Analysis
- 9.3. Global Network Analytics Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
- 9.4. Network Analytics Market, Sub Segment Analysis
- 9.4.1. Cloud Service provider
- 9.4.2. Managed Services Provider
- 9.4.3. Telecom Service provider
- 9.4.4. Others
Chapter 10. Global Network Analytics Market, Regional Analysis
- 10.1. Network Analytics Market, Regional Market Snapshot
- 10.2. North America Network Analytics Market
- 10.2.1. U.S. Network Analytics Market
- 10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Deployment Mode breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Network Analytics Market
- 10.3. Europe Network Analytics Market Snapshot
- 10.3.1. U.K. Network Analytics Market
- 10.3.2. Germany Network Analytics Market
- 10.3.3. France Network Analytics Market
- 10.3.4. Spain Network Analytics Market
- 10.3.5. Italy Network Analytics Market
- 10.3.6. Rest of Europe Network Analytics Market
- 10.4. Asia-Pacific Network Analytics Market Snapshot
- 10.4.1. China Network Analytics Market
- 10.4.2. India Network Analytics Market
- 10.4.3. Japan Network Analytics Market
- 10.4.4. Australia Network Analytics Market
- 10.4.5. South Korea Network Analytics Market
- 10.4.6. Rest of Asia Pacific Network Analytics Market
- 10.5. Latin America Network Analytics Market Snapshot
- 10.5.1. Brazil Network Analytics Market
- 10.5.2. Mexico Network Analytics Market
- 10.6. Rest of The World Network Analytics Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Cisco Systems Inc.
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Broadcom Inc.
- 11.2.3. International Business Machines Corp.
- 11.2.4. Nokia Corporation
- 11.2.5. Statistical Analysis System (SAS) institute Inc.
- 11.2.6. Accenture Plc
- 11.2.7. SevOne Inc.
- 11.2.8. Huawei Technologies Co. Ltd.
- 11.2.9. Juniper Networks Inc.
- 11.2.10. Microsoft Corporation
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption