According to the research report titled, ‘Network Traffic Analytics Market Size By Component, By End-use (Service Providers [Cloud Service Provider, Telecommunication Service Provider, Internet Service Provider, Managed Service Provider], Enterprise [BFSI, IT & Telecom, Healthcare, Education, Retail, Energy and Utilities]), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, global network traffic analytics market to amass notable gains during 2020-2026.
 

Growing advancements in network infrastructure, rising prevalence of DDoS attacks, and surging adoption of IoT, BYOD and connected devices are propelling the growth of global network traffic analytics market. In addition, increasing cloud traffic, escalating IT budget, and high scale development in SaaS-enabled network traffic analytics solutions are augmenting industry outlook.
 

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On the contrary, high initial investment associated with network traffic analyzer tools, availability of free alternative tools, and inefficiency of operators to select convenient network traffic analytics solutions according to business requirements are impeding market progression.
 

By component, the report claims that the network performance segment is anticipated to register a CAGR of 18% over the study period, primarily due to its capability to ensure smooth functioning of the computer network.
 

Further elaborating on the component type, integration and deployment services segment  is projected to record a CAGR of 17.6% over 2020-2026. These services are known to help in managing cybersecurity  throughout the product lifecycle.
 

Based on end-user landscape, the market is fragmented into service providers and enterprises. global network traffic analytics industry size from internet service is slated to exhibit 15% CAGR over the forecast duration, creditable to high investments by ISPs in big data analytics.
 

Furthermore, the education segment is projected to witness 17% CAGR over the study period, predominately driven by surging traffic load on educational networks.
 

Regionally speaking, Latin America market is predicted to showcase a CAGR of 18% over 2020-2026 owing to rising adoption of SaaS and increasing promotion of advanced networking solutions.
 

Zenoss, Inc, SolarWinds, Inc, Plixer LLC, Palo Alto Networks, Inc, Netreo, Inc, Netmon, Inc, Microsoft corporation, Kentik, Inc, juniper Networks, Inc, International Business Machines Corporation, Huawei Technologies Co., Ltd, Genie Networks Ltd, Flowmon Networks, Cisco Systems, Inc, Bradford Networks, Inc, Ascom Holding AG, Allot Ltd, and Accenture plc are the top players defining the competitive hierarchy of global network traffic analytics market.