The Global Network Traffic Analyzer Market size is expected to reach $1.7 billion by 2023, rising at a market growth of 15% CAGR during the forecast period. Network traffic analyzer uses manual and automated techniques while reviewing granular-level data within network traffic. The process is used to gain in-depth insight into the kind of traffic/network packets or data which is flowing through a network. Network monitoring or network bandwidth monitoring software/application is used in the process of conducting traffic analysis. The enterprise network consists hundreds of network devices such as workstations, switches, routers, hubs, servers, virtual machines, firewalls, and various other network-related appliances. Managing and maintaining these devices need customized network traffic analyzer solutions, as the tools have the potential to deliver insights into the network traffic, bandwidth consumption, business applications, and protocol analysis. Various kinds of solutions are used in identifying breaches, detection, and mitigation of security attacks, and also allow better planning of network for the future.

Based on Types, the market report segments the market into Solution and Services. Solution Type includes Network Traffic, Bandwidth Monitoring, Application Monitoring, Network Capacity Planning, Network Security, and Other. Service Type includes Professional and Managed Services. Based on Deployment Type, the Global Network Traffic Analyzer market segments the market into Cloud and On-Premise. Based on Organization Size, the market report segments the market into Small & Medium Enterprises and Large Enterprises. Based on Verticals, the market report segments the market into Service Providers, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, BFSI, Data Centers, and Others. Based on Regions, the Global Network Traffic Analyzer market segments the market into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The market research report covers the analysis of key stake holders of the Global Network Traffic Analyzer Market. Key companies profiled in the report include Cisco Systems, Inc., CA Technologies, Nokia Corporation, Hewlett Packard Enterprise (HPE) Company, NETSCOUT Systems, Inc., SolarWinds, Inc., Ipswitch, ManageEngine, A Division of Zoho Corporation, and PlixerKentik.