Zion Market Research, the market research group announced the analysis report titled "Network Analytics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Sarasota, FL -- (SBWIRE) -- 09/04/2017 -- The organizations are facing challenges of analyzing and maintaining their huge network data in real time. The solution to this problem is the advanced analytical tools and the analytical applications. The market includes solutions such as network intelligence services which include managed services, professional services, and network intelligence solutions. The network analytics market ecosystem consists of technology infrastructure providers, cloud service providers, independent solution vendors, networking companies, managed service providers, government bodies, communication service providers, value added resellers, and aggregators. The number of intermediaries associated in the ecosystem analyzes the value chain of the network analytics.
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The global network analytics market is segmented into its deployment type, type, organization size, end users and the regions. On the basis of the deployment type, the network analytics market is categorized into two types: on cloud and on-premises. Based on the type, the network analytics market is segregated into solutions and services. The solutions segment is further sub-segmented into network intelligence solutions while the services segment is further sub-segmented into managed services and professional services. The organization size of the network analytics market is segmented into two categories: small and medium enterprises and large enterprises. On the basis of the end user, the global market is segregated into cloud service providers and the communication service providers. The communication service providers segment is further sub-segmented into internet services, telecom services, and satellite services. Region wise the network analytics market is diversified into Europe, the Middle East and Africa, North America, Latin America and Asia Pacific.
The demand for the advanced network analytic tools and analytic applications is increasing rapidly. Thus the market growth of the network analytics market is anticipated to grow in the coming years. The organizations are having a tough time in analyzing a large amount of network data structure in the real time. There are solutions for this problem such as network intelligence services which incorporates the managed services and professional services and the solutions which handle the network data in an easy format. There is a tough competition in the market as there is an untapped demand in the emerging markets thus being the key reason for the growth of the market players in the coming years. The mobile telephony sector is also contributing to the market growth as the number of subscribers is increasing. The challenge of effectively maintaining the quality of experience and the quality of service will drive the network analytics market. The telecom providers also contribute a maximum share in the network analytics market. The network intelligence solutions will trigger the market growth in the coming years.
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The region that dominates the network analytics market is North America due to the presence of a large number of the network analytics vendors in the U.S. The Asia-Pacific region is also gaining momentum in the market growth. It is offering opportunities that are having a positive impact on the market and also there is an increase in the smartphone penetration and infrastructural investments by the cloud service providers and the communication service providers.
The major players in the network analytics market include Netronome Systems, Alcatel-Lucent, NetScout, Allot Communication, IBM, Cisco, SAS, Bradford Networks, Polystar, Empirix, Ascom Holdings AG, SevOne, Hitachi Data Systems, Accenture, JDS Uniphase, Juniper Networks, Sandvine, Brocade Communications, HP, TIBCO Software, VPIsystems, Virtela Technology Services , WildPackets and PathSolutions.
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