Global Network Traffic Analyser Market Report and Forecast 2024-2032

Global Network Traffic Analyser Market Outlook

The global network traffic analyser market reached a value of about USD 2.89 billion in 2023. The industry is further expected to grow in the forecast period of 2024-2032 at a CAGR of 10.45% to reach a value of around USD 7.08 billion by 2032.

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North America to Significantly Aid the Growth of the Network Traffic Analyser Industry

North America is estimated to account for a considerable share of the network traffic analyser industry. This can be attributed to the robust adoption of various technologies such as cloud computing and the Internet of Things (IoT) in the region. With rapid industrialisation in countries such as the United States and Canada, the demand for network traffic analysers in major end-use industries is growing. In addition, the introduction of favourable standards and networking regulations by governments in the region is boosting the market growth. The wide penetration of network infrastructure providers, including SolarWinds and Netscout, among others, is surging investments in the region, which is providing further impetus to the growth of the market.

The wide adoption of network traffic analyser solutions due to increasing 5G deployments in the region is driving the market growth. Vendors are increasingly reinventing their network security portfolios to meet the growing client expectations, which is surging the spending on network traffic analysers and fuelling the industry growth. With the dramatic expansion of traffic on the network due to the increasing acceptability and use of numerous technologies such as cloud computing, the market for network traffic analyser is witnessing robust growth. Moreover, the rising popularity of Voice over Internet Protocol (VoIP) and linked devices are lowering the network's general functioning speed, due to which enterprises are leveraging network traffic analytics solutions, hence boosting the market growth.

Network Traffic Analyser: Market Segmentation

A network traffic analyser is a solution that allows network managers to extract data from network packets or data travelling over the network. It aids in the detection and response to various network security risks by monitoring and analysing network traffic communication patterns. It includes technologies that aid in the detection of performance and security issues, due to which it is extensively used in various end-use industries like telecommunication, media, and retail, among others.

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The major components of network traffic analyser are:

• Solutions
  • Bandwidth Monitoring
  • Network Security
  • Auditing Trials
  • Application Monitoring
  • Others
• Professional Services
  • Consulting
  • Training and Support
  • Integration and Deployment

On the basis of deployment mode, the industry is classified into:

• Physical
• Virtual
• Cloud

The industry can be broadly categorised on the basis of its end users into:

• Service Providers 
  • Telecom Operators 
  • Internet Service Providers and Cable Operators 
  • Managed Service Providers 
• Enterprises 
  • Banking, Financial Services, and Insurance 
  • Healthcare 
  • Government and Utilities 
  • Media and Entertainment 
  • Retail 
  • Others 

On the basis of enterprise size, the market is bifurcated into:

• Small and Medium-Sized Enterprises 
• Large Enterprises

The EMR report looks into the regional markets of network traffic analyser like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Increasing Network Traffic and Complexities Boosting the Market Growth of Network Traffic Analyser

The growth of the market is being fuelled by the increasing utilisation of network traffic analyser owing to the rising network traffic and complexities. As network traffic analyser can efficiently monitor IP traffic for complex infrastructure environments, its demand among end-users such as healthcare and retail is surging. The increasing demand for network traffic analyser tools among cloud service providers for end-to-end visibility is further contributing to the growth of the market. During the forecast period, technological advances in communication and network infrastructures are expected to open up new opportunities in the industry.

The growing internet penetration rate and the shifting consumer preference toward online platforms are augmenting the market for network traffic analyser. The increasing adoption of the Bring Your Own Device (BYOD) and the subsequent upsurge in cybercrime are accelerating the demand to handle the network traffic and complexity efficiently, consequently boosting the demand for advanced network management systems. Furthermore, the increasing investments in extensive research and development (R&D) activities for the launch of SaaS-enabled network traffic analytics solutions are expected to propel the market for network traffic analysers. In the coming years, significant growth in cloud-based network traffic analytics solutions and advancements in 5G network infrastructures are anticipated to drive the market growth.

Key Industry Players in the Global Network Traffic Analyser Market

The report gives a detailed analysis of the following key players in the global network traffic analyser market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• SolarWinds Inc.
• NETSCOUT Systems, Inc.
• Nokia Corporation
• Dynatrace, Inc.
• Inmon Corporation
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report