Global Network Traffic Analyzer Market Projected to Reach USD 2.3 Billion by 2024

New York, USA, 2018-Dec-06 — /EPR Network/ —   The global network traffic analyzer market size is visualized to reach USD 2.3 billion by 2024, growing at a CAGR of 15.4% over the forecast period 2016-2024. The major driver of Network Traffic Analyzer Market is growing incidences of cyber-attacks and rising need to improve agility and operational efficiency of the business across various industries Based on organization, large firm, enterprises accounted for the largest revenue of 70% in network traffic analyzer market in 2016. Global network traffic analyzer market, based on region North America overrule the market with a share by 48.0% in 2016, which is closely followed by Asia pacific region. APAC is estimated to be the rapid growing market at a CAGR of 18.4% during the forecast period, due to emergence of advanced technologies, such as IoT, mobility, and cloud services.

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Global Network Traffic Analyzer Market Segmentation

On the basis of our comprehensive analysis, Global Network Traffic Analyzer Market can be segmented as follows:

By Component

• Software
• Hardware
• Services

By Deployment Type

• Cloud
• On-premises

By Organization Size

• Large enterprises
• Small and Medium-sized Enterprises (SMEs)

By End Users

• Enterprises
• BFSI
• Healthcare
• Government
• Retail
• Others
• Service Providers
• Data Centers

By Region

• North America
• Europe
• Middle East and Africa
• Latin America
• Asia Pacific

“Network Traffic Analyzer Market Report ” contains detailed overview of the global network traffic analyzer market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by component, deployment type, organization size and end users.

The in-depth analysis of Network Traffic Analyzer Market encompasses the industry growth drivers, top-line qualitative & quantitative summary information, key financial metrics, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model, SWOT analysis along with the analysis of competitive pressures within the market.

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This market research report published by Goldstein Research includes a complete overview of some of the Key player outline of companies who are well known for their successful business in the same field such as Genie Networks, Flowmon Networks, NetScouts, ManageEngine, Netmon Inc., Ipswitch Inc.”

The company profiles include business strategy, Y-O-Y growth analysis, export import data, geographical revenue assessment, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and latest developments.

This industry report portrays the network traffic analyzer market overview along with industry projection with a motive to guide industry advisor, consultants, technology providers, existing players searching for expansion opportunities, new players searching for possibilities and other shareholder, stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Global  Network Traffic Analyzer Market is driving on the basis of advancement in branches of below:

Enterprise Firewall Hardware Market

Rising digitization of business assets and access to delicate customer information, while driving rapid enhancements in business, are also making them more susceptible to cybercrimes. The augmented complications and openness of the network has significantly expanded the demand for firewall solutions and associated hardware which is probably to drive the growth of Enterprise Firewall Hardware Market growth.

Enterprise Firewall Software Market

The amplified complexity and openness of the network has significantly augment the demand for firewall solutions and associated software which is likely to drive the growth of enterprise/business firewall Software market growth. Software-based firewall solutions are the most common type of firewall, as they are not only inexpensive but also easier to install. Software-based firewall solutions provide easy installation and up gradation with scanning functionality at low cost for the enterprises, which is the major factor for the growth of Enterprise Firewall Software Market growth.

Sandboxing Market

The Sandboxing Market is set to reach nearly USD 10.5 billion by 2024, growing at a CAGR of 25.8% over the forecast period (2017-2025). Based on geography, North-America region accounted for the largest market share of 39.4% in 2017 due to the presence of major vendors in the region who are continuously advancing the sandboxing technology.

Asia Pacific Cyber Security Market

 Asia Pacific Cyber Security Market estimated at USD 15.92 billion in 2016, which is estimated to reach USD 48.7 billion by 2024, growing at a CAGR of 15.0% over the forecast period 2016-2024. With the increase in cyber threats and risk of loss of key data due to rise in adoption of digital technologies is increasing the demand for cyber security solutions.