The network analytics market is valued at USD 183.35 million in 2020 and is expected to reach USD 5,456.35 million in 2026, with a CAGR of 20% over the forecast period (2021-2027). The demand for the network analytics market is expected to accelerate as the adoption of cloud computing technology with a wide range of applications across various sectors increases. Deploying a network solution can avoid potential deployment issues and infrastructure delays. The growing demand for network optimization is expected to drive the market during the forecast period. This can be due to technology upgrades, increased network traffic, or low business risk. Cloud service and enterprise providers are in the early stages of deploying network analytics solutions to track their networks, which are expected to have a positive impact on the global market.
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Network Analytics Market Segmentation
By Component
• Network Intelligence Solutions
• Services
By Application
• Customer Analysis
• Risk Managemet and Fault Detection
• Network Performance Management
• Compiance Management
• Quality Management
• Others (Network Control And Optimization, Network Design And Capacity Planning, and Threat Management)
By Deployment Type
• On-Premises
• Cloud
By Organization Size
• SMEs
• Large Enterprises
By End-User
• Cloud Service Providers
• Managed Service Providers
• Telecom Providers
• Others (Internet Service Providers (ISPs), Satellite Communication Providers and Cable Network Providers)
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