The network analytics market for Mobile and Fixed markets including VoIP and Unified Communications is estimated to grow from $487.9 million in 2013 to $1672.5 million in 2018, according to RnR Market Research. The market is forecast to grow at a Compound Annual Growth Rate (CAGR) of 27.9% from 2013 to 2018, and Asia Pacific(APAC) is expected to grow enormously and become the second largest market in terms of opportunities for network analytics vendors by 2018. APAC combined with Middle East and Africa (MEA) is expected to be the biggest market for network analytics vendors in terms of revenue generation in the long term due to the growing mobile adoptions, and availability of huge untapped market.
According to RnR , the cloud-based network analytics solutions are growing due to cost efficiencies as well as widespread applications across all verticals, which includes telecoms and other enterprise usage.
RnR Market Research in its analysis included all the leading network analytics vendors in this space including Accenture, Allot Communication, Ascom Holding AG, Bradford Networks, Calix, CISCO, Danaher Corporation, Empirix, HP, IBM, JDSU, Juniper Networks, Netronome, Procera Networks, Sandvine Corporation, TIBCO, Vpisystems and Wildpackets.
