Increasing adoption of cloud computing techniques with widespread applications across various sectors is expected to accelerate demand for the network analytics market. Deployment of network solutions can prevent potential deployment issues and infrastructure delays. Growing demand for network optimization is expected to drive the network analytics market over the forecast period. This can be attributed to up gradation of technologies, increase in network traffic and low business risk factors. Cloud service and enterprise providers are in the initial stage of deploying network analytics solution in order to track their networks, which is expected to positively influence the network analytics market worldwide.
Network analytics solutions are primarily deployed in sectors such as healthcare, cloud service providers, BFSI and telecom. Prolific advancements in the telecom service offerings over the years have extensively influenced the user experience. Telecom analytics provides technology solutions and large-scaled analytical models to analyze the entire system scenario through network analytics for the communication service providers (CSPs). Targeted marketing, increased network traffic and quality of experience (QOE) maintenance are some of the factors expected to drive network analytics market growth.
The market can be segmented on basis of deployment into, on-demand and on-premises. On the basis of application, the market includes unified communications, voice over IP (VoIP) and fixed line & mobile applications. The market can be categorized on the basis of end-use industry into, telecommunications, cloud service providers and other enterprises. The other enterprises include education, retail, manufacturing, government, healthcare, IT, BFSI and defense sector. Asia Pacific region is expected to exhibit high growth, attributable to increasing economy growth rate with growing population and increased smartphone adoption.
Major market vendors such as Allot Communication, Accenture, Cisco, Bradford Networks, Ascom Holdings AG, Allot Communication, Juniper Networks, IBM and HP.
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