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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 Managemet & Fault Detection
• Network Performance Management
• Compiance 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 managemet & fault detection, network performance management, compiance 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?
For any questions related to Network Analytic Market, Network Analytic Market Size, Network Analytic Market Growth, Network Analytic Market Analysis, Network Analytic Market Report, Network Analytic Market Share, Network Analytic Market Trends, Network Analytic Market Forecast, Network Analytic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Network Analytic Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.2. Global Network Analytic Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Network Analytic Market by Component
3.3.1: Network Intelligence Solutions
3.3.2: Services
3.4: Global Network Analytic Market by Deployment Type
3.4.1: On-Premises
3.4.2: Cloud
3.5: Global Network Analytic Market by Application
3.5.1: Customer Analysis
3.5.2: Risk Managemet & Fault Detection
3.5.3: Network Performance Management
3.5.4: Compiance Management
3.5.5: Quality Management
3.5.6: Others
3.6: Global Network Analytic Market by End Use
3.6.1: Cloud Service Provider
3.6.2: Communication Service Providers
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.2: North American Network Analytic Market
4.2.1: North American Network Analytic Market by Component: Network Intelligence Solutions and Services
4.3: European Network Analytic Market
4.3.1: European Network Analytic Market by Component: Network Intelligence Solutions and Services
4.4: APAC Network Analytic Market
4.4.1: APAC Network Analytic Market by Component: Network Intelligence Solutions and Services
4.5: ROW Network Analytic Market
4.5.1: ROW Network Analytic Market by Component: Network Intelligence Solutions and Services
4.5.2: ROW Network Analytic Market by End Use: Cloud Service Provider, Communication Service Providers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Network Analytic Market by Component
6.1.2: Growth Opportunities for the Global Network Analytic Market by Deployment Type
6.1.3: Growth Opportunities for the Global Network Analytic Market by Application
6.1.5: Growth Opportunities for the Global Network Analytic Market by Region
6.2: Emerging Trends in the Global Network Analytic Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Network Analytic Market
7. Company Profiles of Leading Players
7.1: Cisco
7.2: Broadcom
7.3: IBM
7.4: HPE
7.5: Ericsson
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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