The global network traffic analyzer market size is anticipated to reach at USD 4 billion by 2025. The key factors responsible for industry growth include the increasing need for active network management systems to manage the rising network complexities and traffic. Network traffic analyzer uses automated as well as manual techniques along with reviewing minute-level data within the network traffic analytics.
The enterprise network comprises hundreds of network devices that include coaxial switches, workstations, hubs, routers, firewalls, virtual machines, servers, and different other network-related components.
The global market for the Network Traffic Analyzer is anticipated to develop at a compound annual growth rate (CAGR) of 11.3% throughout the course of the forecast, to reach US$ 8.5 Bn by 2032.
Maintaining and managing these devices required customized network traffic analyzer solutions since the tools can provide insights into the bandwidth consumption, network traffic, protocol analysis, and business applications. Different types of solutions are used in identifying threats, detection, and moderation of security attacks, along with better planning of the network in the future.
Network Traffic Analyzer Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2032 |
Study Period | 2018-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | US$ 8.5 Bn |
Growth Rate | CAGR of 11.3% during 2022-2032 |
Segment Covered | By Deployment Type, By User Type, By Industry Vertical, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Colasoft, Dynatrace, Flowmon Networks, Kentik, NEC, Netscout Systems, Netvizura, Nokia, Opmantek, and Solarwinds. |
Key Segment Of The Network Traffic Analyzer Market
By Deployment Type (USD Billion)
• Cloud
• On-Premises
By User Type, (USD Billion)
• Small and Medium Enterprise (SME)
• Large Enterprise
By Industry Vertical, (USD Billion)
• Banking, Financial Services and Insurance (BFSI)
• Government
• Healthcare
• Energy and Utilities
• Education
• Telecom and IT
• Manufacturing
• Retail
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
From hundreds to thousands of hubs to switched networks, computers, and Ethernet up to 10 Gbps, the administrator has to manage the network and require more network traffic analysis and monitoring to deal with the growing network activities proficiently. Network traffic analyzer tools not only fix network issues but also prevent network failure, identifying threats, and to make planned decisions required for network planning. Growing awareness regarding network traffic analyzer tools and rising concerns over network security for business efficiency is attributed to promoting the network traffic analyzer market over the forecast period.
Component Segment
The global network traffic analyzer market contains both solutions and services segments. The solutions segment of the network traffic analyzer component has a maximum revenue share within the global point of sale market in 2019. The network traffic analyzer solutions collect data for the response time in interactions among the servers and clients including application-level and connectivity –level transactions. This produced metadata further provides administrators to handle application and network issues by evaluating the cause of bottlenecks, slowdowns, and downtime.
Organization Size Segment
Based on the organization size segment, the market is segmented into small & medium, and large enterprises. The market for a large enterprise to possess the largest market share in 2019 since enterprises today is predominantly developing to match their user needs. However, the network traffic analyzer for small & medium enterprises is expected to experience a significant CAGR from 2020 to 2025.
Deployment Segment
Based on the deployment segment, the market is bifurcated into two sub-segments that are cloud, and on-premise. In 2019, the on-premise segment gathered the largest market revenue and it is anticipated to govern the network traffic analyzer market throughout the forecast period. However, the cloud segment is anticipated to grow at a substantial growth rate over the forecast period.
Application Segment
Based on the application, the market is segmented into BFSI, healthcare, retail, media & entertainment, government & utilities, and others. The market for telecom & IT is anticipated to possess the largest market share in 2019 since the Tech companies today are predominantly developing to match their user needs. Moreover, the growing regulatory scrutiny coupled with enhanced customer satisfaction, as well as advantages such as risk management, fraud detection, and customized solutions is some of the factors responsible for the network traffic analyzer demand.
The global network traffic analyzer market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the network traffic analyzer applications, owing to an outsized presence of an organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the network traffic analyzer market in North America.
The major players of the global network traffic analyzer market are SolarWinds, Netscout, Broadcom, Nokia, Opmantek, Progress, Kentik, Colasoft, ManageEngine, NEC, NetVizura, Plixer, and more. The network traffic analyzer market is fragmented with the existence of well-known global and domestic players across the globe.