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Network Traffic Analytics Market Share

Report ID: GMI2818
Published Date: Aug 2020
Report Format: PDF

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Network Traffic Analytics Market Share

The global network traffic analytics market is characterized by intensified rivalry amongst major players and fueled by strategic partnerships & new product launches. For instance, in November 2019, Plixer acquired Great Bay Software, a provider of endpoint visibility solutions that identifies managed, unmanaged, and unauthorized devices across complex networks. Similarly, in June 2019, Kentik partnered with PacketFabric to provide high scalable networking solutions for enterprises and service providers globally to secure network traffic visibility.

The emergence of several SME in the market such as :

Kentik, Netflow Auditor , Nyansa, has pressurized established players to continuously launch new products with added functionalities to maintain market share and profitability. For instance, in May 2020, 2019, Kentik raised USD 23.5 million in investor funding from Vistara Capital Partners. The freshly infused capital is expected to help the company offer a stiff competition to major industry rivals.

Some of the key players operating in the network traffic analytics market are:

Accenture Plc
Allot Communication
Ascom Holdings
Bradford Networks
Cisco Systems, Inc
Flowmon, Inc
Genie Networks
Huawei
IBM Corporation
Juniper Networks
Kentik
Microsoft Corporation
Netmon, Inc
Netreo, Inc
Nokia Networks
Palo Alto Networks
Plixer
SolarWinds
Symantec (Broadcom)
Zenoss

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of network traffic analytics was valued at USD 1.5 billion in 2019.

The industry share of network traffic analytics is projected to witness over 17% CAGR during 2020-2026.

The coronavirus crisis has led to a significant rise in demand for network traffic analytics solutions due to increasing data transmissions on various networks amid work from home policy globally.

Increasing numbers of data centers along with presence of high speed network infrastructure will fuel the regional demand. The regional cloud based network traffic analytics market is expected to witness a CAGR of 25% through 2026.

Accenture Plc, Ascom Holdings, Allot Communication, Cisco Systems, Inc., Bradford Networks, Genie Networks, Flowmon, Inc., IBM Corporation, Huawei, Juniper Networks, Microsoft Corporation, Kentik, Netmon, Inc., Netreo, Inc., Palo Alto Networks, Nokia Networks, Plixer, Symantec (Broadcom), and Zenoss are some of the key industry participants.

Europe has a strong market presence due to strict cybersecurity policies and rapid adoption of network traffic monitoring solutions by SMEs. The regional held 25% of the global share in 2019.