[76 Report Pages] The market research report includes a detailed segmentation of the network analytics market by offerings, by application, by end users, and by regions. The market research report identifies IBM Corporation, Cisco, SAS, Juniper Networks as the major vendors operating in the network analytics market.
Overview of Network Analytics Market
Infoholic’s market research predicts that the network analytics market will grow at a CAGR of 22.5% during the forecast period 2017–2023. Network analytics provides data in real time to make strategic decisions and future projections. The network analytics solution suite helps in optimizing the network performance and prevents in minimizing losses by envisaging cyber threats resulting in improved business performance.
The data available within the networks can be used to make effective decisions but the information is spread across many other systems which usually need a lot of manual efforts. This many times leads to decisions being made on assumptions rather than facts and insights. With advancements in dynamic and virtualized networks, analytics is being used to improve network visibility and reliability and to eliminate costly disruptions.
Competitive Analysis & Key Vendors
The report covers the competitive landscape, which includes M&A, joint ventures & collaborations, and competitor comparison analysis.
The foremost competitors in the global network analytics market have been applying various strategies for making entry and gaining a foothold in the network analytics market. For instance, prominent vendors like IBM and VMware have announced their partnership and revealed that more than 1400 organizations have incorporated their cloud-based analytics services. IBM has launched network control and visibility solutions to make its partnership stronger.
Some of the major acquisitions include Nokia networks acquiring Alcatel-Lucent, HPE acquiring Aruba Networks, and Procera networks acquiring Sandvine.
The report comprises an analysis of vendor profile, which includes financial status, business units, key business priorities, SWOT, business strategies, and views. In the vendor profile section, for companies that are privately held, the financial information and revenue of segments will be limited.
The key players offering network analytics solutions globally include:
- IBM Corporation
- Juniper Networks
- SAS, Accenture
- Allot Communication
- TIBCO software
Network Analytics Market Benefits
According to Infoholic Research, the global network analytics market will witness an impressive CAGR of 22.5% during the forecast period 2017–2024. The aim of this report is to define, describe, and forecast the network analytics market on the basis of segments, which include types, applications, and regions.
In addition, it helps venture capitalists in understanding the companies better and make well-informed decisions. It is primarily designed to provide the company’s executives with strategically substantial competitor information, data analysis, and insights about the market, development, and implementation of an effective marketing plan.