Mumbai, India – June 16, 2014 - The global network analytics market is slated to grow at a CAGR of 27.64% between 2013 and 2018 with focus on Healthcare, Cloud Service Providers, Telecom and BFSI sectors, according to a detailed study conducted on this industry. Network managers are thus capable of receiving a greater knowledge about what is occurring on their networks with the aid of network analytics solutions, which is now made possible through enhanced visual clarity and surveying. Since network analytics solutions concentrate on performance of networks, network problems can now be pre-empted by the mobile operators.
This report: Global Network Analytics Market 2014-2018 highlights the important drivers of the market, market trends and the key challenges faced by the segment.
Factors which drive analytics market
The network analytics market size has been growing owing to an increased demand for network control and network development services. The rising accessibility to app stores through mobile appliances and increased utilization of mobile devices to access the internet have shot up network traffic considerably. Due to the fact that network traffic has been steadily rising, the need for regulating network traffic has also risen significantly. Regions of the Asia-Pacific, Europe, Middle East, Africa and America are some of the significant regions which have witnessed maximum growth over the last few years.
Crucial market trends
The rise in the adoption of cloud computing technology across sectors has been a key reason for the rising demand for network analytics market solutions. Cloud computing techniques go a long way in checking distribution problems and infrastructure postponements, thereby increasing efficiency of network functions.
Key market challenges
The creation of new technologies and varied designs is amongst the key challenges which act as restraints for this industry. Key vendors of the market are required to alter and improve their technologies constantly to keep pace with the ever-transforming requirements of the consumers. This leads to innovation complicacies since service providers are compelled to re-modify the solutions time and again, to keep up with the trends.
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