Network Traffic Analyzer Market Report

Market Insights

Network Traffic Analyzer Market is likely to grow from USD 2.44 billion in 2021 to USD 4.92 billion by 2028 at an impressive CAGR of 10.51% during the forecast period of 2022-2028.

What is network traffic analyzer?

Network traffic analyzer is basically designed to scrutinize the process of intercepting, recording of network traffic communication patterns so as to perceive the threats and respond to the security features for better performance and safety purpose.

Market Drivers

Major factors fueling the network traffic analyzer market’s growth include the growing need for enhanced network management systems for handling the complexities occurring due to the increased network traffic.

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Segment Analysis

By Component Type

Based on the component type, the market is segmented as solutions and professional services. Solutions are the result of combined sensors, virtual machines, and software that help in carrying out network analyzing operations. These solutions also collect data regarding the time it takes to respond in interactions between clients and servers including the connectivity-level and application-level transactions. This metadata helps administrators to regulate the network traffic in different areas and it also enables them to handle and solve the issues related to network and application by determining the reason of slowdowns, bottlenecks, and downtime.

By Deployment Mode Type

Based on the deployment mode type, the market is segmented as physical, virtual, and cloud. Virtual mode is estimated to account for the largest share of the market during the forecast period. Virtual sensors are generally installed over virtual machines in the software-defined environment to monitor the flow of traffic. Usually, the virtual deployment model is of large scale, and can be easily installed over different platforms and within remotely located office premises and also, in other large manufacturing areas. Virtualized Network Function Infrastructure has been implemented on a large scale by the organizations to enable easy installation and scalability.

By End-User Type

Based on the end-user type, the network traffic analyzer market is segmented as service providers and enterprises. The enterprise segment is expected to be a faster-growing end-user type in the market during the forecast period. The network traffic analyzer solution offers excellent features such as improved network efficiency through centralized management, enhanced information technology agility, and network customization through fast and reliable application services, which is increasing the adoption of these analyzers by the enterprise customers.

By Region

In terms of regions, North America held the largest share of the market in 2021 and has high growth potential for investments and opening up of new opportunities for the adoption of complex network infrastructure in the market during the forecast period. Modernization and adoption of technologies such as cloud computing and Internet of Things are some of the major factors supporting the North American market.

On the other hand, countries such as the US and Canada are considered as a positive factor fueling the growth rate in different business verticals. The favorable standards and networking regulations of the North American Countries help in boosting the growth of the market. The increasing 5G deployment is fueling the demand for network traffic analyzers in the region. Asia-Pacific and Europe are also expected to offer substantial growth opportunities during the forecast period.

Market Scope & Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The network traffic analyzer market is segmented into the following categories. 

By Component Type:

• Solutions
  • (Component Type Analysis: Bandwidth Monitoring, Network Security, Auditing Trials, Application Monitoring, and Others)
• Professional Services
  • (Component Type Analysis: Consulting, Training and Support, and Integration and Deployment)

By Deployment Mode Type:

• Physical 
• Virtual
• Cloud

By End-User Type:

• Service Providers
  • (End-User Type Analysis: Telecom Operators, Internet Service Providers and Cable Operators, and Managed Service Providers) 
• Enterprises
  • (End-User Type Analysis: Banking, Financial Services, and Insurance, Healthcare, Government and Utilities, Retail, Media and Entertainment, and Others)

By Enterprise Size Type:

• Small and Medium-Sized Enterprises
• Large Enterprises

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the key players in the network traffic analyzer market are-

• Colasoft
• Dynatrace
• Flowmon Networks
• Kentik
• NEC
• Netscout Systems
• Netvizura
• Nokia
• Opmantek
• Solarwinds

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the component types by end-user type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.