Network Analytic Market Report: Trends, Forecast and Competitive Analysis to 2030

Network Analytic Market Report: Trends, Forecast and Competitive Analysis to 2030

Network Analytic Trends and Forecast

The future of the global network analytic market looks promising with opportunities in the cloud service provider and communication service provider markets. The global network analytic market is expected to reach an estimated $11.0 billion by 2030 with a CAGR of 17.8% from 2024 to 2030. The major drivers for this market are growth in data volume and changes in traffic patterns, increasing use of artificial intelligence (AI) and machine learning (ML) for smarter network management, more intent-based networking that is in line with organizational objectives, and a greater emphasis on network security analytics.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

The study includes a forecast for the global network analytic by component, deployment type, application, end use, and region.

Network Analytic Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Network Intelligence Solutions
• Services

Network Analytic Market by Deployment Type [Shipment Analysis by Value from 2018 to 2030]:

• On-Premises
• Cloud

Network Analytic Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Customer Analysis
• Risk Management & Fault Detection
• Network Performance Management
• Compliance Management
• Quality Management
• Others

Network Analytic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Cloud Service Provider
• Communication Service Providers
• Others

Network Analytic Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Asia Pacific
• The Rest of the World

List of Network Analytic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies network analytic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network analytic companies profiled in this report include-

• Cisco
• Broadcom
• IBM
• HPE
• Ericsson

Lucintel forecasts that service is expected to witness the higher growth over the forecast period due to the growing need for organizations to comply with the different network and radiation regulations across the globe.

North America is expected to witness highest growth over the forecast period due to the large-scale implementation of network analytics tools by organizations and enterprises in the country.

Features of the Global Network Analytic Market

Market Size Estimates: Network analytic market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Network analytic market size by component, deployment type, application, end use, and region in terms of value ($B).

Regional Analysis: Network analytic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, deployment type, application, end use, and regions for the network analytic market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the network analytic market size?

Answer: The global network analytic market is expected to reach an estimated $11.0 billion by 2030.

Q1. What is the growth forecast for network analytic market?

Answer: The global network analytic market is expected to grow with a CAGR of 17.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the network analytic market?

Answer: The major drivers for this market are growth in data volume and changes in traffic patterns, increasing use of artificial intelligence (AI) and machine learning (ML) for smarter network management, more intent-based networking that is in line with organizational objectives, and a greater emphasis on network security analytics.

Q3. What are the major segments for network analytic market?

Answer: The future of the global network analytic market looks promising with opportunities in the cloud service provider and communication service provider markets.

Q4. Who are the key network analytic market companies?

Answer: Some of the key network analytic companies are as follows:

• Cisco
• Broadcom
• IBM
• HPE
• Ericsson

Q5. Which network analytic market segment will be the largest in future?

Answer: Lucintel forecasts that service is expected to witness the higher growth over the forecast period due to the growing need for organizations to comply with the different network and radiation regulations across the globe.

Q6. In network analytic market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to the large-scale implementation of network analytics tools by organizations and enterprises in the country.

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the network analytic market by component (network intelligence solutions and services), deployment type (on-premises and cloud), application (customer analysis, risk management & fault detection, network performance management, compliance management, quality management, and others), end use (cloud service provider, communication service providers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
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