An international network packet broker market report comprises of an all-inclusive market data that makes it easy for the semiconductors and electronics industry to take strategic decisions and attain growth objectives. This exclusive and excellent market report has been formulated by a team of keen analysts, skilled researchers and skilled forecasters who work strictly for the best outcome. Market estimations along with the statistical nuances included in this market report give an insightful view of the market. Market research studies of Network packet broker market report helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share.
The market analysis serves present as well as future aspects of the market primarily depending upon factors on which the companies participate in the market growth, crucial trends and segmentation analysis. Network packet broker market research report also gives widespread study about different market segments and regions. The scope of this market report can be overviewed in terms of industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment. The winning Network packet broker market business report assures brilliant solution to the challenges and problems faced by semiconductors and electronics industry.
Network Packet Broker Market was valued at USD 749.79 million in 2021 and is expected to reach USD 1450.71 billion by 2029, registering a CAGR of 8.60% during the forecast period of 2022-2029.
Definition
Network packet broker, also teemed as NPB, is a type of device that offers a collection of monitoring tools and is located between tools and device infrastructure. It helps to re-strengthen network security by providing monitoring, security and acceleration on tools for their applications and eradicating repetitive data and protecting monitoring tools from being congested.
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Key Growth Drivers:
Need For Simplified Data Center Management
The rise in need for simplified data center management, and automation is one of the major factors driving the growth of network packet broker market. The increase in demand for cloud services have a positive impact on the market.
Surge in Connecting Devices
The rise in number of connecting devices associated with increasing security concerns resulting in high demand for monitoring and security tools accelerate the market growth.
Adoption of Cloud Computing
The surge in the adoption of cloud computing and the ever-increasing number of multimedia content on the internet further influence the market. Also, use of bare-metal switches and introduction of cost-effective network packet broker further assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the network packet broker market.
Opportunities
Furthermore, rise in trend of bare-metal switches extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in bandwidth requirements in data centers will further expand the market.
The report emphasizes the participation of key entities, notably:
- NETSCOUT (US), VIAVI Solutions Inc. (US)
- Keysight Technologies (US)
- Gigamon (US)
- APCON (Switzerland)
- Garland Technology (India)
- Big Switch Networks, Inc. (US)
- Network Critical (UK)
- Corvil (Ireland)
- Microtel Innovation S.r.l (Italy)
- Juniper Networks, Inc. (US)
- Arista Networks, Inc. (US)
- CPACKET NETWORKS (US)
- Niagara Networks (US)
- Profitap HQ B.V. (Netherlands)
- CGS Tower Networks (Israel)
- Datacom Systems INC (US)
- 5FeetNetworks Oy (Finland)
- Cisco (US)
- ECI Telecom (Israel)
Why consider investing in this report?
- Explore a panoramic view of the network packet broker market, diving deep into its nuances and dynamics.
- Uncover details about leading industry players, their diverse product ranges, and the strategies fueling their success.
- Discover the thriving regional landscapes where network packet broker is making significant strides, offering valuable insights.
- Stay updated on the latest industry shifts and advancements, gaining a competitive edge.
- Identify promising pockets of growth and emerging segments or regions that hold considerable potential within the network packet broker
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Key Market Segmentation
By Bandwidth (1 GBPS and 10 GBPS, 40 GBPS, 100 GBPS), Network Set-Up (On-Premise, Cloud, Virtual), Security Tools (Passive, Active (Inline)), End User (Enterprise, Service Providers, Government Organizations)
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