Examining Network Analytics Market Growth and Size for Strategic Decision-Making

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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.

This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Network Analytics market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

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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Emergen Research has segmented the global Network Analytics market on the basis of type, application, end-use, and region:

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
The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:

Analysis and estimation of the Network Analytics Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Network Analytics Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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