The Network Analytics Market is estimated to grow with a CAGR of 19.5% from 2023 to 2033. The market share is likely to boost up to USD 2,948.0 million in 2023.
Rising demand for network analytics in IT companies for improving the data security network, performing forensic investigation, fine-tuning performance, predicting traffic, and others are anticipated to generate a network analytics market size of USD 17,555.5 million by 2033.
The demand for network analytics applications is likely to boost for detecting and preventing errors, which provides a proper response to security threats. To make smarter business decisions, the adoption of network analytics is likely to rise during the forecast period from 2023 to 2033.
The sales of network analytics tools are increasing in companies worldwide due to the rise in data breaches & immoral undertakings.
It helps to control all these activities and gives information related to devices that are present on networks, such as communication and presentation status. Therefore, the adoption of network analytics is likely to rise in the industries during the forecast period.
It is a real-time network that analysis the number of opportunities in IP traffic all around the globe which is anticipated to boost the network analytics market share. The advanced Internet of Things is expected to rising the sales of network analytics tools as network security is a primary thing of any organization worldwide.
Rising the network analytics application in the end-use industries such as hospitals, telecom, BFSI, healthcare centres, and service providers are likely to increase the market growth during the forecast period from 2023 to 2033. These industries are collecting data and analysis as per the network analytics market report.
Other Hi-tech such as 5G and cloud, are anticipated to rise the market growth all around the globe.
The network analytics market size is supposed to touch another height with its deep forensic audit work & spot the potential trouble during the forecast period from 2023 to 2033. Hence, the adoption of network analytics is worthy as it monitors and manages the process systematically.
| Attributes | Details |
|---|---|
| Network Analytics Market CAGR (2023 to 2033) | 19.5% |
| Network Analytics Market Size (2023) | USD 2,948.0 million |
| Network Analytics Market Size (2033) | USD 17,555.5 million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The network analytics market is likely to boost by the end-use industries and key manufacturing industries; these are playing a dynamic role in the enlarging of the network analytics market size during the forecast period.
The industries are contributing various tactics and methods to grow the network analytics market share as per the market report.
Some of the end-user that is likely to acquire the lion’s share in the adoption of network analytics are telecom providers, cloud service providers, cable network providers, management service providers, satellite communication providers, internet service providers & others.
Moreover, high-tech applications are likely to contribute the most to the market during the forecast period from 2023 to 2033.
Based on the deployment type, the on-premises segment will likely dominate the market with a CAGR of 19.2% in the forecast period from 2023 to 2033.
On-premises provides a one-time free license and also provides free up-grade on annual service. Therefore, organizations can afford it as compared to the cloud, which increases the demand for network analytics applications all around the globe.
Most large enterprises are adopting the on-premises, whereas SMEs face a dilemma in choosing between them.
The on-premises are required by the IT staff for the maintenance and networking infrastructure of the company, which increases the adoption of network analytics.
However, the on-premises deployment is likely to be affected by the cloud deployment as per the market report in the coming year due to the fastest-growing cloud solutions all around the globe.
Principal Consultant
Based on components, the network intelligence solution is likely to lead the market with the adoption of a maximum CAGR of 19.4% during the forecast period from 2023 to 2033.
It is acquired by SMEs & large enterprises to examine and communicate the network, identify the protocol, and extract content that is likely to increase the demand for network analytics applications worldwide.
The network intelligence solution prevents unnecessary delays and other network slowdowns, which rise in the sales of network intelligence solutions during the forecast period.
It is owned by end-user, some of which are government, telecommunication, and data networks in a huge quantity which enlarges the network analytics market size.
| Region | United States Market Size |
|---|---|
| Historic CAGR (2015 to 2021) | 20.2% |
| CAGR (2023 to 2033) | 19.1% |
| Region | United Kingdom Market Size |
|---|---|
| Historic CAGR (2015 to 2021) | 19.6% |
| CAGR (2023 to 2033) | 17.9% |
| Region | China Market Size |
|---|---|
| Historic CAGR (2015 to 2021) | 20.0% |
| CAGR (2023 to 2033) | 18.6% |
| Region | Japan Market Size |
|---|---|
| Historic CAGR (2015 to 2021) | 18.9% |
| CAGR (2023 to 2033) | 17.5% |
| Region | South Korea Market Size |
|---|---|
| Historic CAGR (2015 to 2021) | 18.6% |
| CAGR (2023 to 2033) | 17.0% |
The market segment is anticipated to divide into regions including North America, Europe, Asia-Pacific, Africa, Middle East, and Latin America. Among all the regions, the North American region is anticipated to dominate the network analytics market share in the forecast period from 2023 to 2033.
The US is the leading maximum network analytics application growth with a CAGR of 19.1% during the forecast period from 2023 to 2033. The number of network analytics data misuse frauds is rising in the United States, to avoid such frauds & secure the data are likely to increase the market trends.
The China region is estimated to increase its market size in the coming forecast period which stood in the second position in the market growth. China's market is acquiring a high estimated CAGR of 18.6% during the forecast period from 2023 to 2033.
Due to increasing network analytics and growing high-tech & digital process in companies all around the globe are rise the adoption of network analytics in the coming forecast period.
Another region United Kingdom also in a queue to acquire a CAGR of 17.9% after China during the forecast period due to uncovering hidden data and helping to monitor the networks without any misleading.
Other regions like Japan, and South Korea are likely to rise in the network analytics market key trends and opportunities. All these regions are improving & enlarging the market worldwide during the forecast period from 2023 to 2033.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Several key competitor industries are pointing the centre of attention towards market growth to acquire revenue and improve the market. The manufacturing & several end-use companies are anticipated to rise in the network analytics market trends.
Some of the end-user companies are Ericsson, Huawei, Cisco, Nokia, and Netscout, & others are playing a key role as per the market survey.
These companies are estimated to boost the network analytics future trends during the forecast period from 2023 to 2033.
Recent Developments in the Network Analytics Market
Extreme networks are announced in collaboration with the Broadcom company to access, edge & solve the networking all around the campus.
The Cisco and Singularity networks are merged to provide analytics network infrastructure and monitoring of the network along with service providing network.
The projected CAGR of the network analytics market by 2033 is 19.5%.
The projected market value by 2033 is USD 17,555.5 million.
The market is estimated to secure a valuation of USD 2,948.0 million in 2023.
The telecom industry is the key consumer of the network analytics market.
Accenture, Juniper Networks, and Cisco Systems are key players in the market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Components 5.1. Network Intelligence Solutions 5.2. Services 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Customer Analysis 6.2. Risk Management 6.3. Fault Detection 6.4. Network Performance Management 6.5. Compliance Management 6.6. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment 7.1. On-premises 7.2. Cloud 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Organization Size 8.1. SMEs 8.2. Large Enterprises 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-User 9.1. Cloud Service Providers 9.2. Managed Service Providers 9.3. Telecom Providers 9.4. Others 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. South Asia and Pacific 10.6. East Asia 10.7. Middle East and Africa 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Ericsson 20.2. Huawei 20.3. Cisco 20.4. Nokia 20.5. Netscout 20.6. Accenture 20.7. IBM 20.8. Juniper Networks 20.9. SevOne 20.10. SAS 21. Assumptions & Acronyms Used 22. Research Methodology
Explore Technology Insights
View Reports
Network Analytics Market
