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North America Network Traffic Analytics Market Size, Share & Trends Analysis Report By Component (Solution, and Services), By Deployment Type (On-premise, and Cloud), By End User, By Organization Size, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Aug 30, 2024
Length 134 Pages
SKU # KBV19138505

Description

North America Network Traffic Analytics Market Size, Share & Trends Analysis Report By Component (Solution, and Services), By Deployment Type (On-premise, and Cloud), By End User, By Organization Size, By Country and Growth Forecast, 2024 - 2031


The North America Network Traffic Analytics Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031).

The US market dominated the North America Network Traffic Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,180.3 million by 2031. The Canada market is registering a CAGR of 9.5% during (2024 - 2031). Additionally, The Mexico market would showcase a CAGR of 8.9% during (2024 - 2031).

Network traffic analytics refers to monitoring, analysing, and interpreting data related to traffic flow within a network. Network traffic analytics (NTA) helps identify potential threats and vulnerabilities by analysing traffic patterns. By identifying anomalies at an early stage, organizations can proactively resolve security concerns before they escalate into significant incidents. NTA tools provide detailed insights into the nature and source of security incidents. This information supports quicker and more effective responses to security breaches, reducing the potential impact on the organization.

In addition, NTA tools monitor network traffic to understand bandwidth usage patterns. This enables organizations to allocate bandwidth more efficiently, ensuring critical applications receive the necessary resources while managing overall network performance. Organizations can use load-balancing strategies to distribute network traffic evenly across multiple servers or links by analyzing traffic data, optimizing performance, and preventing congestion.

According to Statistics Canada, in 2022, 99.5% of Canadians had access to LTE networks, while 91.3% had access to 5G networks. Additionally, in 2021, 91.4% of Canadian households had access to unlimited broadband Internet, which offered a minimum upload speed of 50 Mbps and a download speed of 10 Mbps. In 2022, 85 percent of Canadians accessed the internet via smartphone. The proportion was greatest (98%) among individuals aged 25 to 34.

As more Canadian households adopt LTE connections, there is a significant increase in mobile data usage. Network traffic analytics is crucial for managing and optimizing the higher data volumes associated with LTE networks, ensuring efficient data handling and minimizing network congestion. LTE connections lead to diverse data plans and usage patterns. Analytics tools help telecom operators monitor data consumption, manage bandwidth allocation, and optimize service delivery based on usage trends. Therefore, increasing internet connection in the region is driving the growth of the market.

Based on Component, the market is segmented into Solution, and Services. Based on Deployment Type, the market is segmented into On-premise, and Cloud. Based on End User, the market is segmented into Enterprises, Service Providers, and Data Center. Based on Organization Size, the market is segmented into Large Enterprise, and Small & Medium-sized Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • >Accenture PLC
  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • IBM Corporation
  • Juniper Networks, Inc.
  • Microsoft Corporation
  • Nokia Corporation
  • Broadcom, Inc. (Symantec Corporation)
  • Allot Ltd.
  • Palo Alto Networks, Inc.
North America Network Traffic Analytics Market Report Segmentation

By Component
  • >Solution
  • Services
By Deployment Type
  • >On-premise
  • Cloud
By End User
  • >Enterprises
  • Service Providers
  • Data Center
By Organization Size
  • >Large Enterprise
  • Small & Medium-sized Enterprises
By Country
  • >US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

134 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Network Traffic Analytics Market, by Component
1.4.2 North America Network Traffic Analytics Market, by Deployment Type
1.4.3 North America Network Traffic Analytics Market, by End User
1.4.4 North America Network Traffic Analytics Market, by Organization Size
1.4.5 North America Network Traffic Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2020, Dec – 2024, Jul) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Network Traffic Analytics Market by Component
5.1 North America Solution Market by Region
5.2 North America Services Market by Region
Chapter 6. North America Network Traffic Analytics Market by Deployment Type
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Network Traffic Analytics Market by End User
7.1 North America Enterprises Market by Country
7.2 North America Service Providers Market by Country
7.3 North America Data Center Market by Country
Chapter 8. North America Network Traffic Analytics Market by Organization Size
8.1 North America Large Enterprise Market by Country
8.2 North America Small & Medium-sized Enterprises Market by Country
Chapter 9. North America Network Traffic Analytics Market by Country
9.1 US Network Traffic Analytics Market
9.1.1 US Network Traffic Analytics Market by Component
9.1.2 US Network Traffic Analytics Market by Deployment Type
9.1.3 US Network Traffic Analytics Market by End User
9.1.4 US Network Traffic Analytics Market by Organization Size
9.2 Canada Network Traffic Analytics Market
9.2.1 Canada Network Traffic Analytics Market by Component
9.2.2 Canada Network Traffic Analytics Market by Deployment Type
9.2.3 Canada Network Traffic Analytics Market by End User
9.2.4 Canada Network Traffic Analytics Market by Organization Size
9.3 Mexico Network Traffic Analytics Market
9.3.1 Mexico Network Traffic Analytics Market by Component
9.3.2 Mexico Network Traffic Analytics Market by Deployment Type
9.3.3 Mexico Network Traffic Analytics Market by End User
9.3.4 Mexico Network Traffic Analytics Market by Organization Size
9.4 Rest of North America Network Traffic Analytics Market
9.4.1 Rest of North America Network Traffic Analytics Market by Component
9.4.2 Rest of North America Network Traffic Analytics Market by Deployment Type
9.4.3 Rest of North America Network Traffic Analytics Market by End User
9.4.4 Rest of North America Network Traffic Analytics Market by Organization Size
Chapter 10. Company Profiles
10.1 Accenture PLC
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Cisco Systems, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 IBM Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional & Segmental Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.4.5.3 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Juniper Networks, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Nokia Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Broadcom, Inc. (Symantec Corporation)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Product Launches and Product Expansions:
10.8.5.3 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Allot Ltd.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.10. Palo Alto Networks, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

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