Increased Cyber Threats Has Rapidly Fueled the Growth of Network Analyzer Market
According to a new report published by Reports Monitor titled, “Global Network Traffic Analyzer Market Study, Growth and Opportunities, 2017–2025,” the network traffic analyzer market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America is expected to hold the Market Leadership till the Forecast Period. Network Traffic Analyzer is a hardware/software platform used in the monitoring of network traffic and statistics which includes the identification of source and destination address of the packets, analyzing the bandwidth requirement, identification of malicious packets and providing excellent security measures. The Global Network Traffic Analyzer Market Professional Survey Report scrutinizes the present scenario and the future growth prospects of the Industry. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth and detailed analysis along with important inputs from the various industry experts. Rapid adoption of enterprise networks for the business applications has increased the demand of bandwidth requirement; bandwidth priority should be effectively analyzed and allocated adequately. Efficient management of the bandwidth is one of the significant functions of network analyzer, thereby propelling the market growth. Availability of open source software solutions becomes the major factor in hindering the market growth.
North America is expected to continue the leadership in the market owing to the immense investment in the research and development leading to the innovative products and solution thereby boosting the market growth. Asia Pacific is projected to emerge as a fastest growing region mainly due to the increased adoption of cloud based services specifically in China and India.
Key Findings: • In terms of value, the network security segment is expected to grow at a CAGR of XX% in the forecast Period. • The Cloud based services is expected to show a major growth owing to the flexibility in terms of cost effectiveness and storage. The major companies profiled in the report include Cisco Systems, Solar Winds, CA Technologies, Nokia, Pixar, HPE, Colasoft, Kentik and others.
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