Saturday, September 21, 2013

[MarketsandMarkets] Network Analytics Market to Reach $1.7B by 2018

A new research by MarketsandMarkets finds that the "The network analytics market is estimated to grow from $487.9 million in 2013 to $1672.5 million in 2018, at a Compound Annual Growth Rate (CAGR) of 27.9% from 2013 to 2018. In the current scenario, telecommunication vertical continues to be the largest contributor for network analytics solutions. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while the APAC region is expected to experience increased market traction, in due course.
Solution providers such as IBM, HP, Sandvine, Empirix [see "Empirix Enhances Analytics" - here], Procera Networks, Accenture, Danaher Corporation [Tektoronix, Arbor Networks], and many others are expected to provide innovative solutions by continual encapsulation of multiple use cases and at competitive prices in order to fulfill the need of providing complete network analytics solution. Network operators, cloud service providers, and Banking, Financial Services, and Insurance (BFSI) sector will remain the major consumers of network analytics solutions"
See "Network Analytics Market worth $1672.5 Million by 2018" - here.

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