According to the report titled ‘Global Network Traffic Analytics Market 2019-2028’, available with Market Study Report, global network traffic analytics market is slated to register 23.05% CAGR over 2019-2028.
 

Strong preference for better and uninterrupted network visibility, rising network security concerns, along with favorable regulations related to the adoption of cybersecurity measures are propelling the growth of global network traffic analytics market.
 

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Additionally, surge in the number of DDoS (Distributed Denial-of-Service) and ransomware attacks are further boosting the incorporation of network traffic analytics solutions.
 

On the contrary, handiness of open-source network traffic analytics solution, and shortage of skilled professionals in the sector are impeding the market progress.
 

By components, the market is split into solution, and services, while bifurcation on the basis of deployment includes on-premise, and cloud. Based on organization size, the market is fragmented into small & medium -sized enterprises, and large enterprise. Considering end user terrain, the industry is segmented into service providers, enterprises, and data center.
 

The geographical landscape of global network traffic analytics market is defined by regions like North America, Europe, Middle East & Africa, Asia Pacific, and Latin America. Among these, Asia Pacific market is anticipated to register significant gains during 2019-2028, owing to increasing adoption of internet and smartphones, coupled with surge in disposable income of individuals in countries like China and India. Moreover, rising cases of cyber-attacks across the region is also likely to contribute to the market development.
 

Major players like Allot, Ltd., SolarWinds Worldwide, LLC, Huawei Technologies Co., Ltd., LogRhythm, Inc., InfoVista S.A., Nokia Corporation, Cisco Systems, Inc., Palo Alto Networks, Inc., Microsoft Corporation, Juniper Networks, Inc., International Business Machines Corporation, Flowmon Networks AS, Broadcom, Inc. (Symantec Endpoint Protection), Genie Networks, Ltd., and Kentik Technologies, Inc. are influencing the dynamics of global network traffic analytics market.