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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