Network Analytics Market By Component (Network Intelligence Solution, Services), By Deployment Type (On-Premise, Cloud), By Application (Customer Analysis, Risk Management and Fault Detection, Network Performance Management, Quality Management, Others), By Enterprise Size (Large Enterprise, Small and Medium-sized Enterprise), By End User (Cloud Service Providers, Managed Service Providers, Telecom Providers, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Network analytics is the application of big data principles and tools to the data used to manage and secure data networks. It provides deeper insight into how the network is performing and how an organization is using the network. IT can use analytics to improve security, fine-tune performance, troubleshoot subtle problems, predict traffic trends, spot potential trouble, and perform deep forensic investigations and audits.
Network analytics is most useful to organizations with complex networks, overtaxed networks or high-level security requirements. As a result, large enterprises are more likely to use network analytics broadly than smaller companies. As the tools become easier to use, more standardized, less expensive or embedded in more managed services, companies with smaller networks find it more approachable to use analytics. But companies of every size consume network analytics as a built-in feature of cloud-managed network services, such as a network-as-a-service offering, managed software-defined WAN or managed wireless LAN service.
Network analytics provides network operators and administrators with a deeper understanding of their network. A typical network enterprise, data center, telecom or cloud is hugely diverse. It comprises various devices from multiple vendors, a load balancer from F5, a firewall from Checkpoint, routers, and switches from Cisco and Juniper. Pinpointing and addressing any issue in such a network without relevant statistics and analytical information is tedious and error prone. Network analytics allows the operator to collect valuable continuous data, analyze trends, and predict future behavior. True network analytics needs to start by being completely vendor agnostic. It should be able to collect data across disparate devices, store the relevant time series data and correlate that data in real time.
The network analytics market is segmented on the basis of component, deployment mode, enterprise size, application, end user, and region. On the basis of component, the market is categorized into network intelligence solution and services. By deployment mode, it is categorized into on-premise and cloud. On the basis of enterprise size, the market is categorized into large enterprise and small and medium-sized enterprise. In terms of application, the market is classified into customer analysis, risk management and fault detection, network performance management, quality management, and others. On the basis of end user, the market is categorized into cloud service providers, managed service providers, telecom providers, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global network analytics market is dominated by key players such as Cisco Systems, Inc., Broadcom, IBM Corporation, Hewlett Packard Enterprise Development LP, Accenture, Huawei Technologies Co., Ltd., SAS Institute Inc, Telefonaktiebolaget LM Ericsson, Juniper Networks, Inc., and Ciena Corporation.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the network analytics market analysis from 2022 to 2032 to identify the prevailing network analytics market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the network analytics market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global network analytics market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Enterprise SizeLarge Enterprise
Small and Medium-sized Enterprise
By End UserCloud Service Providers
Managed Service Providers
Telecom Providers
Others
By ComponentNetwork Intelligence Solution
Services
By Deployment TypeOn-Premise
Cloud
By ApplicationCustomer Analysis
Risk Management and Fault Detection
Network Performance Management
Quality Management
Others
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersIBM Corporation
Accenture
Huawei Technologies Co., Ltd.
SAS Institute Inc
Juniper Networks, Inc.
Ciena Corporation.
Broadcom
Hewlett Packard Enterprise Development LP
Telefonaktiebolaget LM Ericsson
Cisco Systems, Inc.
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