Global Network Packet Broker Market

Network Packet Broker Market Size, Share, Growth Analysis, By Bandwidth(1 and 10 Gbps, 40 Gbps, 100 Gbps), By End User(Enterprises (Large Enterprises, Small and Medium–sized Enterprises (SMEs)), Service Providers, Government Organizations), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15A2269 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 65 | Figures: 70

Network Packet Broker Market Dynamics

Drivers

Rising Network Complexity

  • The proliferation of IoT devices, cloud computing, and the advent of 5G networks have led to heightened network complexity. Network packet brokers provide vital visibility and management tools in this intricate landscape.

Data Security Concerns

  • With the increasing frequency and sophistication of cyber threats, organizations prioritize network security. Network packet brokers facilitate real-time monitoring and threat detection, enhancing data protection.

Restraints

Complex Implementation

  • Network packet brokers can be a bit tricky to deploy and integrate with current network architecture. For many businesses, ensuring seamless integration and operation presents a hurdle.

High Initial Investment

  • Budget-conscious companies may be discouraged by the initial expenses of implementing and buying network packet brokers, as well as the training expenditures involved in making efficient use of them.
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FAQs

Global Network Packet Broker Market is segmented by Bandwidth, End User, and region. Based on Bandwidth, the market can be segmented into 1 and 10 Gbps, 40 Gbps, 100 Gbps. Based on End User, the market is segmented into Enterprises (Large Enterprises, Small and Medium–sized Enterprises (SMEs)), Service Providers, Government Organizations. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

The network packet broker market is very competitive, with both well-established competitors and up-and-coming businesses vying for customers with cutting-edge network monitoring and optimization solutions. Important players in the field include, among others, market leaders Gigamon, Keysight Technologies, Ixia (a Keysight Business), and NetScout Systems. These businesses use their technological know-how and wealth of expertise to offer complete network packet broker solutions that meet the changing needs of various industries. 'Gigamon', 'Keysight Technologies', 'Ixia (a Keysight Business)', 'NetScout Systems', 'VIAVI Solutions Inc.', 'Garland Technology', 'Cubro Network Visibility', 'APCON', 'cPacket Networks', 'Arista Networks', 'Riverbed Technology', 'Broadcom Inc.', 'Juniper Networks', 'Palo Alto Networks', 'Corvil'

The proliferation of IoT devices, cloud computing, and the advent of 5G networks have led to heightened network complexity. Network packet brokers provide vital visibility and management tools in this intricate landscape.

Rising Network Complexity: The increasing complexity of modern networks due to factors like IoT, cloud computing, and 5G adoption is driving the need for advanced network monitoring and management solutions like NPBs. These tools provide essential visibility and control over complex network environments.

North America stands as a prominent market due to the rapid adoption of advanced networking technologies, increasing data traffic, and the strong presence of major technology companies. The region's emphasis on network security and data management further fuels the demand for network packet brokers.

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Global Network Packet Broker Market

Report ID: SQMIG15A2269

$5,300
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