Network Analytics Market is Powered by Need for Improved Network Visibility

Network analytics is a process of examining data packets passing through a network in order to identify trends and patterns. By understanding how data flows through the network, analysts can identify bottlenecks, optimize routes, and predict future network needs. Network analytics can be used to troubleshoot problems, monitor performance, and understand user behavior.

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Key Trends

There are four key trends in Network Analytics technology:

1. Increased focus on data analysis: Network Analytics technology is becoming increasingly focused on data analysis. This is due to the growing importance of data in todays world.

2. Improved data collection: Network Analytics technology is also becoming more effective at collecting data. This is due to the increasing use of sensors and other devices that can collect data.

3. Better data visualization: Network Analytics technology is also becoming better at visualizing data. This is due to the increasing use of visualization tools.

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Key Drivers

The key drivers of the network analytics market include the need for improved network visibility, the need for improved network performance, and the need for reduced network complexity.

The need for improved network visibility is driven by the increasing complexity of networks, the need to troubleshoot network problems, and the need to monitor network performance.

The need for improved network performance is driven by the need to improve network efficiency and the need to reduce network congestion.

The need for reduced network complexity is driven by the need to simplify network management and the need to reduce the cost of network operations.

Market Segments

The Network Analytics Market is segmented by component, deployment mode, application, and region. By component, the market is divided into solution and services. Based on deployment mode, it is bifurcated into cloud and on-premise. On the basis of application, it is classified into customer analysis, risk management, fault management, network performance management, compliance management, and quality management. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

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Key Players

The Network Analytics Market includes players such as Broadcom Inc., Huawei Technologies Co., Ltd., IBM, Juniper Networks, Inc., NETSCOUT, Nokia, SAS Institute Inc, Cisco Systems, Hewlett Packard Enterprise Development LP, and Telefonaktiebolaget LM Ericsson.

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