Right Now
Network Analysis Module Market is Estimated to Witness
High Growth Owing to Increased Application of Network Visibility Tools.
The network analysis module market comprises solutions that
provide network monitoring and traffic analysis capabilities through
application visibility, hybrid cloud visibility, security and threat detection.
It helps organizations efficiently manage their infrastructure and optimize
network performance by gaining insights into network usage patterns and
identify threats. Network analysis modules help track network traffic flows
across physical, virtual and cloud environments in real-time with advanced
tools like netflow monitoring, packet capture, deep packet inspection and
traffic analytics.
The Global
Network Analysis Module Market is estimated to be valued at US$ 3.64 Bn in 2024
and is expected to exhibit a CAGR of 22.% over the forecast period 2024 to
2031.
Key Takeaways
Key players operating in the Network Analysis Module Market Companies are
Cisco, Fortinent Fortisiem, IBM Corporation, Juniper Networks, Logicmonitor,
Microsoft, Nagios, Netscout, Nokia Corporation, Opsview, Plixer, LLC.,
Riverbed, Sevone, Solarwinds, and VMware, Inc. These companies are focusing on
developing advanced network visibility tools to gain comprehensive network
insights through AI/ML capabilities.
The increasing deployment of hybrid cloud infrastructure is creating
opportunities for network analysis module vendors. As organizations adopt
multi-cloud strategies, there is a need for solutions that can provide
visibility across private data centers and public clouds. Network analysis
modules with cloud network visibility features help optimize hybrid cloud
performance.
Technological advancements like software-defined networking, network functions
virtualization and edge computing are driving the need for more intelligent
network monitoring tools. Network analysis modules integrated with machine
learning can automate threat detection, optimize traffic routing and gain
insights from vast network telemetry data generated in modern software-defined
environments.
Market Drivers
Growth of IoT and connected devices: The exponential rise of IoT devices
connecting to enterprise networks is generating huge volumes of network
traffic. Network analysis modules with advanced analytics help enterprises
maintain network performance as IoT connectivity scales.
Transition to cloud-delivered solutions: Vendors are innovating cloud-native
versions of their network analysis module offerings to help organizations
monitor network performance for cloud and hybrid environments from any location.
This is driving increased adoption.
Current
Challenges in Network Analysis Module Market
The Network
Analysis Module Market Share is facing many challenges currently due to
the increasing complexity of networks and growing security threats. With more
devices getting connected to networks every day, it has become difficult for
organizations to get complete visibility into their network infrastructure and
traffic patterns. Lack of skilled security professionals adds to the challenges
of smoothly managing and monitoring networks. Further, the constant evolution
of networks along with changing business needs makes network analysis an
ongoing task. Organizations find it tough to keep their network analysis
solutions up-to-date as per the transforming network landscape. Traditional
network analysis approaches are also unable to cope up well with modern hybrid
networks comprising on-premise and cloud components.
SWOT Analysis
Strength: Network analysis modules offer comprehensive network visibility
and help detect issues. They provide real-time monitoring and troubleshooting
capabilities.
Weakness: High initial costs associated with deployment and maintenance of
network analysis solutions. Lack of skilled professionals to efficiently use
these complex solutions.
Opportunity: Growing complexity of networks is increasing the demand for
advanced network monitoring and traffic analysis. Emergence of hybrid work models
is opening up new opportunities.
Threats: Availability of open-source and low-cost alternatives can pose pricing
pressure. Stringent data security regulations in some regions pose compliance
challenges.
Geographical Regions with Highest Market
Value
North America currently holds the highest share of the network analysis
module market in terms of value owing to heavy investments in network
infrastructure by communication service providers and enterprises in this
region. Significant presence of leading vendors and availability of advanced
networking technologies also contribute to the large size of the North America
market.
Fastest Growing Geographical Region
The network analysis module market in Asia Pacific is expected to witness
the fastest growth during the forecast period. This is attributed to rapid
digitalization, increasing penetration of internet and smartphone users, and
growing awareness about network monitoring solutions among enterprises for
ensuring seamless networking experience. Countries like China, Japan, and India
are leading the growth in APAC on account of substantial economic development
and government initiatives to develop smart infrastructure.
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Author:
Ravina
Pandya, Content
Writer, has a strong foothold in the market research industry. She specializes in
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