Network Analytics Market Analysis, Outlook and Forecasts to 2020
Technavio Announces the Publication of its Research Report Global Network Analytics Market 2016-2020
Technavio recognizes the following companies as the key players in the global network analytics market: Accenture, Cisco Systems, Hewlett Packard Enterprise, IBM, Juniper Networks, and SAS Institute.
Other Prominent Vendors in the market are: Alcatel Lucent, Allot Communications, Bradford Networks, Brocade Communications, Empirix, Hitachi Data Systems, JDS Uniphase, Netronome Systems, NetScout, Sandvine, TIBCO Software, Virtela Technology Services, VPIsystems, and WildPackets.
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Commenting on the report, an analyst from Technavios team said: One trend which is boosting market growth is the increased need for Wi Fi offload. Wi Fi and limited radio access capacity has changed the consumer behavior and the way consumers access services on telecom networks. This has generated a boom in Wi Fi offloading, which has become a dominant access technology for smartphones. For example, approximately 40% of total smartphone traffic runs over a cellular data network, and the rest runs over the Wi Fi. There are different types of offloading including private offload, public offload, and carrier class Wi Fi. Private offload uses home or office Wi Fi, whereas public offload uses a standard Wi Fi hotspot model.
According to the report, a key growth driver is the increased adoption of the bring your own device concept. The need for uninterrupted connectivity between a corporate network and employee devices has increased the demand for
mobile devices. We estimate that the US mobile workforce was more than 50 million, which was 38.46% of the global mobile workforce in 2015 and will grow at a CAGR of 14.87% by 2020. The global mobile workforce was approximately 1.3 billion in 2015 and will reach approximately 1.64 billion by 2020. The growing mobile workforce has led to employees using their personal portable devices such as smartphones, laptops, and tablets to access and store confidential information.
Further, the report states that one challenge that could hamper market growth is the high cost of deployment. Many organizations, especially SMBs, do not have proper network analytics solutions in place because of budget constraints.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors in the report global enterprise application network analytics market
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