Global network analytics market overview
Technavio’s market research analyst predicts that the global network analytics market will grow at a CAGR of close to 26% during the forecast period. The increased adoption of BYOD (bring your own device) is a key driver for the growth of the network analytics market size. 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. Mobile devices, however, make it easy for hackers to get unauthorized access to information. This may lead to unscrupulous activities and the misuse of critical business data. Enterprises are increasingly adopting network analytics solutions to analyze the problems in the network and enable employees to gain secure access to confidential information.
The rising number of DDoS (distributed denial of service) attacks is also expected to aid network analytics market growth over the next four years. Hackers are opting for DDoS techniques, an improved version of DoS, to initiate a coordinated attack from multiple systems. The increase in instances of DDoS attacks in the BFSI and government sectors has been leading to a high demand for network analytics solutions.
End-user based segmentation and the network analytics market analysis
- Telecommunications
- BFSI
- Managed service providers
- Healthcare
- Government
- Media and entertainment
The telecommunications segment is the largest in the global network analytics market and is expected to grow slightly during the forecast period. The growing demand for solutions in this sector is driven by mobile network operators, network equipment manufacturers, wholesale access providers and virtual network operators.
Geographical segmentation and the network analytics market analysis
The Americas region dominated the global network analytics market during 2015 with close to 50% market share. Moderate growth is expected from this region during the forecast period due to the early adoption of analytics solutions by enterprises of all sizes. The availability of scalable infrastructure, increased cyber-attacks and malware, and higher technology adoption rates by companies will all contribute to market growth in this region through the end of 2020.
Competitive landscape and key vendors
The global network analytics market is in its growth phase. Competition is expected to intensify along with an increase in product and service extensions, innovations and M&As. Vendors have to develop new technologies and stay abreast of market developments to remain competitive.
Key vendors in this market are -
- Accenture
- Cisco
- HP
- IBM
- Juniper Networks
- SAS Institute
Other prominent vendors in this market are Alcatel-Lucent, Allot Communication, Bradford Networks, Brocade Communications, Empirix, Hitachi Data Systems, JDS Uniphase, Netronome Systems, NetScout, Sandvine, TIBCO Software, Virtela Technology Services, VPIsystems, and WildPackets.
Key questions answered in the report include
- What will the network analytics market size and the growth rate be in 2020?
- What are the key factors driving the global network analytics market?
- What are the key network analytics market trends influencing the growth of the market?
- What are the challenges to the network analytics market growth?
- Who are the key vendors in the global network analytics market?
- What are the market opportunities and threats faced by the vendors in the global network analytics market?
- Trending factors influencing the network analytics market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global network analytics market?
Technavio also offers customization on reports based on specific client requirement.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Network analytics market by application
- Market size and forecast
PART 06: Market segmentation by end-user
- Telecommunications
- BFSI
- Managed service providers
- Healthcare
- Government
- Media and entertainment
PART 07: Market segmentation by region
- Segmentation of global network analytics market by region 2015
- Segmentation of global network analytics market by region 2015-2020
PART 08: Buying criteria
- Cost
- Security
- Scalability
PART 09: Market drivers
- Increased adoption of BYOD
- Increasing use of networks
- Growing demand for real-time analytics
- Adherence to government regulations
PART 10: Impact of drivers
PART 11: Market challenges
- Network infrastructure issues
- Open-source network analytics solutions
- High deployment cost
- Lack of efficient analytics solutions
PART 12: Impact of drivers and challenges
PART 13: Market trends
- Emergence of SaaS-based network analytics solutions
- Growing number of DDoS attacks
- Increased need for Wi-Fi offload
- Increase in M&A
PART 14: Five forces model
PART 15: Vendor landscape
PART 16: Description of major vendors
- Accenture
- Cisco Systems
- Hewlett Packard Enterprise
- IBM
- Juniper Networks
- SAS Institute
- Other prominent vendors
PART 17: Appendix
PART 18: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape