by The network analysis module market comprises software tools that help network administrators to monitor and analyse network traffic data across infrastructure. Network analysis modules provide real-time visibility into network performance and assist in identifying security issues, application usage patterns and bandwidth bottlenecks. They help optimize networks for better throughput and enhance user experience.
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 players are focusing on improving their product capabilities for automatic anomaly detection, cloud deployment flexibility and advanced visual analytics.
The growing demand for network visibility solutions across industries is driving strong growth in the network analysis module market. Various industries are adopting these modules for applications including IT operations management, network security management, infrastructure management, application performance monitoring and business intelligence.
The market is also witnessing significant expansion in regions including Asia Pacific and Middle East & Africa. Growing IT infrastructure spending and the rising need for network performance optimisation across industry verticals in developing economies will promote the regional adoption of network analysis modules over the forecast period.
Market Key Trends
Automation of monitoring through AI/ML is a major driver in the Network Analysis Module Market Trend. Vendors are developing capabilities like anomaly detection, predictive analytics and automatic remediation using technologies like machine learning. This enables automated identification of issues without human intervention, improving efficiency. Another key trend is the growing deployment of network analysis modules on cloud platforms. Vendors are enhancing their offerings for flexible deployment on public, private and hybrid cloud environments to provide agility and scalability. This allows enterprises to monitor networks from any location through browser-based dashboards.
Porter’s Analysis
Threat of new entrants: There are moderate barriers to entry due to large capital requirements and established network of vendors.
Bargaining power of buyers: Buyers have moderate bargaining power owing to availability of substitutes and price comparison on e-commerce platforms.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to presence of established vendors and low switching costs.
Threat of new substitutes: Threat of substitutes is moderate as there are alternative solutions available for network monitoring and analysis.
Competitive rivalry: Competition is high due to presence of global and regional vendors offering comprehensive solutions.
Geographical Regions
North America holds the major share in terms of value owing to large number of enterprises adopting advanced network analysis solutions for infrastructure monitoring and security. Growing adoption of cloud and expansion of network infrastructure is driving the demand.
Asia Pacific is expected to grow at the fastest rate during the forecast period due to rising digitalization, increasing need for network visibility across industries and growing spending on network management. Countries such as China, India and Japan are emerging as lucrative markets.
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