Network Traffic Analytics Market to cross $2,500mn by 2024 Network Traffic Analytics Market

Network Traffic Analytics Market to grow at 20%
CAGR from 2018 to 2024: Global Market Insights Inc.
Network Traffic Analytics Market to exceed USD 2,500 million by 2024; driven by
growth in the adoption of IoT and BYOD and connected devices. The robust growth
in the deployment of cloud technology by the IT sector in order to fulfill the immediate
demands of consumers and enterprises is a pivotal factor driving network traffic
analytics market. The exponential rise in cloud data center traffic is also slated to
stimulate network traffic analytics industry.
In 2017, the on-premise deployment model accounted for a revenue of USD 670.1
million. As per the report, the capability of this deployment model to protect data and
provide high regulatory compliance is estimated to boost product demand over the
years ahead.
Network Traffic Analytics Market
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