PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567219
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567219
The global network analysis module market is estimated to be valued at USD 3.64 Billion in 2024 and is expected to reach USD 15.23 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 22.7% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 3.64 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 22.70% | 2031 Value Projection: | US$ 15.23 Bn |
The global network analysis module market has been witnessing significant growth in recent years. A network analysis module is a software tool used to analyze the structure and connections within complex networks of entities like people, phone calls, computers, animal social groups etc. It helps in extracting meaningful patterns and insights from such complex networks through visualizations and metrics. With growing digital connectivity and data availability, the amount and complexity of network data has increased exponentially across various domains like social media, transportation, telecom, supply chains etc. This has increased the need for advanced network analytics capabilities to unlock the value of such network data. Additionally, the COVID-19 pandemic has further accelerated digital adoption and remote connectivity trends, driving more organizations to leverage network analysis for applications like contact tracing. The rising complexity of digital ecosystems and focus on data-driven decision-making is expected to propel the demand for specialized network analysis module solutions in the coming years.
The global network analysis module market is driven by factors such as growing complexity of network data due to rising digital connectivity, increasing focus on data-driven decision making across industries, and the need for advanced analytics capabilities to extract value from complex network data. However, data security and privacy concerns with sharing and analyzing sensitive network data acts as a restraint for the market. The market also presents opportunities for vendors through the expanding applications of network analysis across various industry verticals like healthcare, transportation, telecom etc. Additionally, the growing adoption of advanced technologies like AI, machine learning integrated with network analytics is expected to stimulate market growth.
This report provides in-depth analysis of the global network analysis module market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global network analysis module market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cisco, Fortinent Fortisiem, IBM Corporation, Juniper Networks, Logicmonitor, Microsoft, Nagios, Netscout, Nokia Corporation, Opsview, Plixer, LLC., Riverbed, Sevone, Solarwinds, and VMware, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global network analysis module market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global network analysis module market.
Detailed Segmentation-