“Network Analytics Global Market: Size, Share, Price Trends, Growth, Industry Analysis, Opportunities and Forecast till 2022-2027” provides a deep and thorough evaluation of the global network analytics market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Network analytics represents an intelligence process that performs advanced traffic forecasting by collecting and analyzing data networks. It generally includes extensive dashboards, ad-hoc querying and reporting, flexible and interactive visualization tools, etc. Network analytics allows the identification of emerging trends and anomalous events, thereby enabling organizations to understand user behavior. In line with this, it assists in improving profitability, enhancing customer satisfaction, delivering reliable services, etc. Consequently, network analytics is extensively utilized by small and medium enterprises (SMEs) across the globe.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Network Analytics Industry Trends and Drivers:
The widespread adoption of cloud computing in various industries, such as healthcare, manufacturing, energy and utilities, education, etc., to improve business agility and protect sensitive data is primarily driving the network analytics market. Additionally, the inflating need for streamlining business operations that impact the revenue, owing to the sudden outbreak of the COVID-19 pandemic, is further catalyzing the market growth. Besides this, the growing utilization of network analytical solutions by telecom companies to identify the limitations of existing infrastructures, minimize risk, facilitate the opportunity for cross-selling and up-selling, enhance the quality of customer services, gauge the behavior patterns of consumers, etc., is acting as another significant growth-inducing factor. Moreover, the escalating demand for autonomous and self-managing networks is also positively influencing the global market. Apart from this, numerous technological advancements in the information technology (IT) sector are projected to fuel the network analytics market in the coming years.
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Network Analytics Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the global network analytics industry with the leading players profiled in the report.
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