North America is Estimated to Command the Largest Share of 39% of the Global Network Analytics Market in 2014

Date: 2015-08-19

“The global network analytics market is estimated to grow at a CAGR of 25.6% from 2014 to 2019. Although the mature markets (such as the U.S. and the U.K.) hold larger shares in the network analytics market, the Asia-Pacific region is expected to grow at the highest CAGR of 32% during the forecast period. Growing network traffic, upgradation of technologies, Quality of Experience (QoE), maintenance and targeted marketing are expected to remain the major drivers behind increased adoption of network analytics solutions. Through network analytics solutions, organizations can avail benefits such as monitoring and analysis of real-time and historical data, getting network summary via dashboards, traffic management, network capacity planning, routing efficiency assurance, and congestion analysis. Moreover, emerging economies such as India, Brazil, Singapore, and China are creating growth opportunities for the network analytics market in these regions.   

This report covers the adoption trends in the network analytics segments and other sub-segments. This research covers in-depth deployment types and applications of the global network analytics market. This research provides insights into the current revenue realization and future revenue opportunities in the network analytics market from 2014 through 2019. This report is aimed to provide the reader with an understanding of market drivers, current and upcoming players, competitive landscape, restraints and future market opportunities.

Geographically, North America (comprising the U.S. and Canada) is estimated to command the largest share of 39% of the global network analytics market in 2014, followed by Europe. The network analytics market in North America is primarily driven by factors such as increasing network infrastructure, high technological advancements in data centers, and high numbers in usage of cloud and virtualization. The Asia-Pacific region is estimated to grow at the highest CAGR of 32% from 2014 to 2019. Factors such as increasing numbers of new datacenter and network infrastructure, and high technological adoption rates, in various business verticals are propelling the growth of the network analytics market in the Asia-Pacific region.

The global network analytics market is a competitive market with a number of new and established market players with niche technologies. As of 2014, the global network analytics market is estimated to be dominated by market players such as SAS (U.S.), JDSU (U.S.) and Procera Networks (U.S.) etc. New solution launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to achieve growth in the network analytics market.    

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