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Network Analytics Market Share

Report ID: GMI6891
Published Date: Oct 2023
Report Format: PDF

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Network Analytics Market Share

Major Companies operating in the network analytics industry are:

Cisco Systems, Inc.
Extreme Networks
Fortinet, Inc.
Hewlett-Packard Enterprise Development LP
International Business Machines Corporation
Juniper Networks, Inc.
Telefonaktiebolaget LM Ericsson

Cisco Systems and International Business Machines Corporation dominate the network analytics with a prominent market share of around 15%. The major companies operating in the market are continuously investing in research and development to enhance existing network analytics solutions and develop new features and capabilities. Also, these companies focus on innovation to address emerging technologies and trends, such as 5G, IoT, and cloud computing.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of network analytics reached USD 3.5 billion in 2022 and is set to witness 19% CAGR from 2023 to 2032, owing to the increasing frequency and sophistication of cyber threats & attacks.

The Network Performance Management (NPM) segment held a market share of around 31% in 2022 and with the increasing complexity of networks and the importance of maintaining optimal performance, organizations will keep turning to NPM solutions.

North America market with a share of over 34% in 2022, backed by the region's large concentration of tech-savvy enterprises that aim to enhance their IT infrastructure performance and security.

Cisco Systems, Inc., Extreme Networks, Fortinet, Inc., Hewlett-Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks, Inc., and Telefonaktiebolaget LM Ericsson.