Network Traffic Analytics Market: Business Overview, Upcoming Trends and Top Companies Analysis Forecast 2022-2031

Japan, Japan, Tue, 29 Mar 2022 09:52:02 / Comserve Inc. / – Network Traffic Analytics Market offers an overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in historical and current contexts.

Market overview

Network Traffic Analytics Market was valued at USD 0.93 Billion in 2019 and is projected to reach USD 2.03 Billion by 2025, growing at a CAGR of 13.87% over the forecast period. Network administrators face a dynamic environment, due to the growing number of system applications and an increasing number of mobile end devices that are often owned by employees (BYOD), the amount of data transferred in the networks of enterprise and WAN, with data rates up to ten gigabits, distributed infrastructure, virtualizations and cloud services. These trends have created a huge demand for stability and improved network administration.

– There has been a rapid growth in the cyber threat in the recent past. For example, according to IBM, small and medium-sized businesses are affected by 62% of all cyberattacks, or about 4,000 per day, according to IBM.
– Additionally, the US National Cyber ​​Security Alliance has stated that 60% of small businesses are unable to sustain business more than six months after a cyberattack. Such high risks with networks and growing awareness are expected to increase the network security market share and boost the adoption of network traffic analysis solutions.
– The increase in cloud traffic has led to increased concerns about network security in enterprises, resulting in the need to manage distributed denial of service (DDoS) attacks and maintain quality of experience (QoE ).

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Report scope

Network traffic analysis is the process of recording, examining, and analyzing network traffic for performance, security, and/or general network operation and management purposes. With the evolving nature of attacks, many tech experts believe that in 2019, network-based micro-breaches could be small enough to evade even the most advanced detection systems ever built. It is also known that the deployment of network traffic analysis solutions generates a rapid return on investment compared to endpoint and sandbox solutions.

Main market trends

The BFSI sector is expected to hold a significant market share

– Data breaches lead to exponentially increased costs and the loss of valuable customer information. For example, in the recent past, the Far Eastern International Bank of Taiwan suffered a loss of around $60 million due to malware.
– In an effort to secure their IT processes and systems, secure critical customer data, and comply with government regulations, private and public banking institutions are focusing on implementing the latest technologies to prevent these network attacks.
– Due to the presence of vast networking framework, coupled with critical data, the BFSI sector in the region faces a number of data breaches and cyber attacks owing to the large customer base served by industry.

North America is expected to experience a significant growth rate

– North America is home to the largest enterprises, data center operators and service providers. With all of these industries witnessing increased investment in deploying advanced network capabilities and operating mission-critical communication networks, the demand for network monitoring and traffic analysis is on the rise.
– The government has also contributed to the growth of the market. For example, in the utility industry, the US government has mandated the adoption of North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP) Version 5 as the cybersecurity standard, while the healthcare industry adheres to the HIPPA data security requirements.

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Competitive landscape

The Network Traffic Analysis markets are moderately competitive and consist of several major players. In terms of market share, few major players currently dominate the market. However, with the growth of the advanced security system, many companies are increasing their market presence by securing new contracts by tapping into new markets.

– November 2018 – The Singapore Cyber ​​Security Agency (CSA) and Cisco Systems, Inc. signed a Memorandum of Collaboration (MOC) to formalize a mutual framework for cooperation in cybersecurity, which will see closer partnerships in the areas of information sharing and capacity development. The MOC builds on CSA’s past collaborations with Cisco, which include training initiatives under Singapore’s ASEAN Cyber ​​Capability Program.

November 2018 – Dynatrace announced the extension of the platform’s cloud visibility and contextual data ingestion of Amazon Web Services (AWS) with Amazon CloudWatch (CloudWatch) and AWS CloudTrail (CloudTrail). The addition of AWS metrics and events from both services enriches the high-fidelity data processed by Dynatrace, further improving contextual problem identification and root cause analysis.

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1. INTRODUCTION
1.1 Study deliverables
1.2 Assumptions of the study
1.3 Scope of the study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Emergence of network traffic analysis as key to cybersecurity
4.3.2 Increasing Demand for Higher Internet Access Speed
4.4 Market Constraints
4.4.1 Rapidly changing nature of cyber threats
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Forces Analysis
4.6.1 Threat of new entrants
4.6.2 Bargaining power of buyers/consumers
4.6.3 Bargaining power of suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By deployment
5.1.1 On-site
5.1.2 Cloud-based
5.2 By vertical end user
5.2.1 BFSI
5.2.2 IT and Telecom
5.2.3 Government
5.2.4 Energy and power
5.2.5 Retail
5.2.6 Other End User Verticals
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Netreo Inc.
6.1.2 Dynatrace LLC
6.1.3 Cisco Systems Inc.
6.1.4 Palo Alto Networks Inc.
6.1.5 Ipswitch Inc.
6.1.6 Netmon Inc.
6.1.7 ManageEngine (Zoho Corp. PVT. LTD.)
6.1.8 Flowmon AS networks
6.1.9 GreyCortex SRO
6.1.10 Genie Networks Ltd.
6.1.11 Netscout Systems Inc.
6.1.12 Broadcom Inc. (CA Technologies Inc.)
6.1.13 SolarWinds Company
6.1.14 Kentik Technologies Inc.

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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Charles J. Kaplan