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Network Traffic Analytics Market Size
- Report ID: GMI2818
- Published Date: Aug 2020
- Report Format: PDF
Network Traffic Analytics Market Size
Network Traffic Analytics Market size exceeded USD 1.5 billion in 2019 and is estimated to grow at over 17% CAGR between 2020 and 2026.
The industry is forecast to undergo a dynamic transition due to an increase in the deployment of various IT solutions and a steep rise in security risks in verticals such as IT & telecom, retails, banks, financial institutions, and healthcare. Rising competition has pressurized enterprises in deploying network monitoring systems to ensure a competitive edge in a dynamic market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Network Traffic Analytics Market Size in 2019: | 1.5 Billion (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 17% |
| 2026 Value Projection: | 4.5 Billion (USD) |
| Historical Data for: | 2015 to 2018 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 471 |
| Segments covered: | Component, Deployment Model, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Moreover, the growing stress on networking infrastructure due to work-from-home policies amid the COVID-19 outbreak has also assisted in market growth. For instance, in March 2020, Cloudflare reported an additional stress of over 25% on global fixed and wireless networks after the imposition of global quarantine policies. The amount of data traffic transmitted over networks is witnessing a rapid spike and is expected to propel the market revenue globally.
Frequently Asked Questions (FAQ) :
Network Traffic Analytics Market Scope
