Workforce Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Albany, NY -- (SBWire) -- 10/05/2018 --The global network traffic analysis solutions market has been segmented based on component, deployment, user, end-use industry, and geography. In terms of component, the market has been categorized into solutions and services. The solutions segment has been further divided into traffic behavior analysis, network troubleshooting, network security monitoring, network bandwidth monitoring, peering analysis, and others. The services segment has been further split into managed/outsourced services and professional services.The solutions segment is primarily driven by rise in demand for advanced networking solutions in order to streamline network operations and prevent data losses by network traffic.

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The traffic behavior analysis solutions and network security monitoring solutions sub-segments have contributed a significant proportion to the revenue of the overall network traffic analysis solutions market. Based on deployment, the market can be segmented into cloud and on-premise. The on-premise segment is expected to hold a major market share in terms of revenue, owing to the wide adoption of on-premise solutions across end-use industries. The cloud segment is anticipated to constitute a key market share and is likely to expand at a rapid pace in the near future. This is due to a rise in the adoption of cloud computing solutions.

In terms of user type, the market has been segmented into small and medium enterprises (SME) and large enterprises. Based on end-use industry, the market has been divided into enterprises and services providers. The enterprises segment has been further classified into BFSI, government, healthcare, energy & utilities, education, manufacturing, retail, and others (media & entertainment, aerospace & defense, and hospitality). The service providers segment has been further split into telecom service providers, Internet service providers, Internet data center service providers, managed service providers, cloud service providers, and others.

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Based on geography, the global network traffic analysis solutions market has been categorized into North America, Asia Pacific, Europe, South America, and Middle East & Africa. The market in North America is expected to maintain its dominant position throughout the forecast period. However, Asia Pacific and Europe are also expected to constitute significant market share in the coming years.

Network traffic analysis can be defined as the process of recording, reviewing, and analyzing network traffic data. This is done to review the network's performance in terms of security, operations, management, and/or general network health monitoring. The admin can perform network traffic analysis either manually or through automated techniques or solutions to review network traffic statistics and granular level detail. Network traffic analysis can also be used by hackers/intruders/attackers to analyze the network traffic pattern to find vulnerabilities and exploit them.