Network Traffic Analyzer Market

In-Depth Visibility Into Network Security and Exponential Growth of Network Infrastructure are Major Driving Factors of the Network Traffic Analyzer Market

A network traffic analyzer collects, monitors, and analyzes data flowing over the network and provides real-time actionable data on network traffic, applications, and bandwidth consumption. Lack of awareness among network administrators to choose a solution as per business needs could hinder the growth of the network traffic analyzer market, but this could be a short-term impact.

MarketsandMarkets expects the global Network traffic analyzer market size to grow from USD 745.8 Million in 2017 to USD 1,631.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 16.9%.

CA Technologies (US), Cisco (US), Colasoft (China), Genie Networks (Taiwan), HPE (US), Ipswitch (US), Kentik (US), ManageEngine (US), NETSCOUT SYSTEMS (US), Nokia (Finland), Plixer (US), and SolarWinds (US) are leading providers of network traffic analyzer software and platforms to cater to the needs and demands  their customers. These players have adopted various growth strategies, such as acquisitions, agreements, partnerships, new product launches, and product upgradations to provide innovative offerings and enhance profitability. For instance, NETSCOUT has adopted the strategies of partnerships, distribution agreements, acquisitions, new product launches, and product upgradations. In July 2015, NETSCOUT completed the acquisition of Danaher Corporation’s communication business unit. The communication business segment includes Arbor Networks, Tektronix Communications, and some part of Fluke Networks.

SolarWinds has adopted the strategies of partnerships, acquisitions, new product launches, and product upgradations to expand its market presence. In June 2016, SolarWinds completed its acquisition of LOGICnow, which was backed by an affiliation of investors managed by Insight Venture Partners. The acquisition of LOGICnow helped SolarWinds to strengthen its managed service solution capabilities. In October 2015, SolarWinds released a new version of its Network Performance Monitor product. This product offers 1,000 packet analysis sensors with no extra charges.

Related Reports:

Network Traffic Analyzer Market by Solution and Service (Professional and Managed), Deployment Type (Cloud and On-Premises), End-User (Enterprise, Service Provider, and Data Center), Organization Size, and Region - Global Forecast to 2022

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Report Code
TC 5660
Published ON
Oct, 2017
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