Network traffic analysis market size to reach $5.69 billion by 2028

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The global network traffic analysis market size is anticipated to reach $5.69 billion by 2028, expanding at a CAGR of 9.7% from 2021 to 2028, according to a study conducted by Grand View Research.

Network Traffic Analysis (NTA) comprises general network operations and management; recording, reviewing, and analyzing the network traffic for performance and security; and identifying the anomalies.

The growing internet penetration rate, the shifting consumer preference toward online platforms, the continued adoption of the Bring Your Own Device (BYOD) trend, and the subsequent upsurge in cybercrime have triggered the need to handle the network traffic and complexity efficiently, thereby driving the demand for advanced network management systems.

The state of the network traffic analysis market The software segment dominated the market in 2020 with a revenue share of more than 60% as enterprises continued to adopt various network traffic analysis software to handle the

The post Network traffic analysis market size to reach $5.69 billion by 2028 was first published on Help Net Security.

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