Europe Network Packet Broker Market, By Bandwidth (1 GBPS and 10 GBPS, 40 GBPS and 100 GBPS), Network Set-Up (On-Premise, Cloud and Virtual), Security Tools (Passive and Active (Inline)), End User (Enterprise, Service Providers and Government Organizations), Country (U.K, Germany, France, Italy, Spain, Netherlands, Switzerland, Russia, Belgium, Turkey, and Rest of Europe) Industry Trends and Forecast to 202.8
The network packet broker market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the network packet broker market to exhibit a CAGR of 6.5% for the forecast period of 2021-2028. The rising demand for cloud computing services by small and medium scale enterprises and growing focus on the technological solutions and advancements are the major factors attributable to the growth of network packet broker market. Therefore, the market value, which was USD 439.3 million in 2020, would rocket up to USD 727.03 million by 2028.
Network packet broker is a device that is used to strengthen network security by providing monitoring, security and acceleration on tools. Network packet broker plays an important role as a bridge between the traffic from multiple network links and distributes the data traffic efficiently.
Growing volume of organizational data and rising number of small and medium scale enterprises will emerge as the major factors driving the market growth. Rising concerns for security and protection of organizational data and growing need for simplified data center management, as well as automation will further aggravate the market growth rate. Rising research and development proficiencies and increase in the adoption of cloud computing solutions and services are other important market growth determinants.
However, presence of self-reliant better servers and dearth of trained expertise or skilled employees will act as major market growth restraints. The issues such as shortage of desired skillsets and complexities involved in data management will dampen the growth rate that further result as a challenge for the market.
This network packet broker market report provides details of new recent developments, trade regulations, import export analysis, production However analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on network packet broker market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Network Packet Broker Market Scope and Market Size
The network packet broker market is segmented on the basis of bandwidth, network set-up, security tools and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- The bandwidth segment of the network packet broker market is segmented into 1 gbps and 10 gbps, 40 gbps and 100 gbps.
- On the basis of network set-up, the network packet broker market is segmented into on-premise, virtual and cloud.
- Based on security tools, the network packet broker market is segmented into passive and active (inline).
- On the basis of end user, the network packet broker market is segmented into enterprise, service providers and government organizations. Enterprise is further segmented into small and medium–sized enterprise (SME) and large enterprise.
Network Packet Broker Market Country Level Analysis
The network packet broker market is analyzed and market size, volume information is provided by bandwidth, network set-up, security tools and end user as referenced above.
The countries covered in the network packet broker market report are U.K, Germany, France, Italy, Spain, Netherlands, Switzerland, Russia, Belgium, Turkey, and Rest of Europe.
Germany in Europe region dominates the network packet broker market owing to the well-developed public infrastructure and other such facilities and increasing demand for the network packet broker software to protect and store the data on a routine basis.
The country section of the network packet broker market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Network Packet Broker Market Share Analysis
The network packet broker market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to network packet broker market.
The major players covered in the network packet broker market report are NETSCOUT, VIAVI Solutions Inc., Keysight Technologies, Gigamon, APCON, Garland Technology, Network Critical, Pico Quantitative Trading LLC, Microtel Innovation S.r.l, Juniper Networks, Inc., Arista Networks, Inc., Plixer, LLC., cPacket Networks, Niagara Networks, Profitap HQ B.V., CGS Tower Networks, Datacom Group Ltd, 5FeetNetworks Oy, Cisco Systems, Inc., and ECI TELECOM among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.