The network analytics market size was USD 2.10 Billion in 2021 and is expected to register a revenue CAGR of 20.9% during the forecast period, according to the latest analysis by Emergen Research. Growing adoption of Internet of Things (IoT) is a key factor driving growth of the market. Data is acquired through internet and Artificial Intelligence (AI) IoT devices, allowing organizations to use advanced analytics and gather insights to track company’s revenue growth and development potential. In addition, information aids in analysis of top consumer patterns, establishment of a baseline, and identification of lucrative revenue development prospects. Moreover, quick creation of new products and services in the market is facilitated by IoT-connected devices. Internet of Things (IoT) in data collecting aids organizations in gathering customer insight and gives them an advantage when developing customer-centric products and services. Any company's capacity to quickly collect, analyze, and translate customer data into meaningful insights is critical to its success. Furthermore, many IoT devices contribute to this smart capability and provide huge technical benefits to both customers and businesses.

The report presents a holistic investigation of the Network Analytics business mechanism and growth-oriented approaches undertaken by the leading companies operating in this market. The report highlights the numerous strategic initiatives, such as new business deals and collaborations, mergers & acquisitions, joint ventures, product launches, and technological upgradation, implemented by the leading market contenders to set a firm foot in the market.

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Competitive Terrain:

The global Network Analytics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Nokia, TIBCO Software, Ciena, Accenture, Broadcom, SAS Institute, Juniper Networks, Cisco, Huawei Technologies, and IBM

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Additional information offered by the report:

• Along with a complete overview of the global Network Analytics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Network Analytics market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Segments Covered in this report are:

• Deployment Mode Outlook (Revenue, USD Billion; 2019–2030)

  • Cloud
  • On-Premises

• Application Outlook (Revenue, USD Billion; 2019–2030)

  • Customer Analysis
  • Risk Management
  • Quality Management
  • Network Performance Management
  • Compliance
  • Others

• End-Use Outlook (Revenue, USD Billion; 2019–2030)

  • Cloud Service Providers
  • Telecom Service Providers
  • Managed Service Providers
  • Others

Radical Highlights of the Network Analytics Market Report:

• Comprehensive overview of the Network Analytics market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Network Analytics market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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