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The network packet broker market is expected to reach USD 849.4 million by 2023 from USD 585.4 million in 2018, at a CAGR of 7.73%LONDON, Sept. 19, 2018 /PRNewswire/ -- Network packet broker market to grow at 7.73% CAGR from 2018 to 2023 It is owing to these factors that the enterprises segment is expected to hold the largest share of market in 2018. Network packet broker in APAC to grow at higher CAGR during forecast period Increasing government initiatives and investments from technologically developing countries in APAC, such as India, Japan, China, Singapore, and Australia, are driving the growth for increasing deployments of data centers in the region, which in turn are expected to drive the market for network packet brokers.Also, the increasing number of small and medium-scale enterprises and the adoption of digital technologies in them will drive the demand for NPBs. Moreover, the increasing penetration of the Internet and rising population of internet users in the region creates a massive amount of data that drive the demand for cloud-based services.All these parameters generate the need for high-performing switching solutions across the network infrastructure in data centers. These factors in turn are expected to drive the market for network packet brokers in this region during the forecast period. Breakdown of profile of primary participants: • By Company Type: Tier 1 = 30%, Tier 2 = 45%, and Tier 3 = 25% • By Designation: C-Level = 35%, D-Level = 45%, and Others = 20% • By Region: North America = 40%, Europe = 30%, APAC = 20%, and RoW = 10% Major players profiled in this report include: • Gigamon (US) • NetScout Systems, Inc. (US) • Ixia (US) • VIAVI Solutions, Inc. (US) • APCON, Inc. (US) • Garland Technology (US) • Cisco Systems, Inc. (US) • Broadcom Inc. (US) • Juniper Networks, Inc. (US) • Big Switch Networks, Inc. (US) • Zenoss Inc. (US) • Network Critical (UK) • Corvil (Ireland) • CALIENT Technologies, Inc. (US) • Netgear Inc.(US) • Motadata (US) Research Coverage The report segments the network packet broker market on the basis of Bandwidth—1 and 10 Gbps, 40 Gbps and 100 Gbps; End–user—enterprise (large enterprises, small and medium–sized enterprises), service providers, and government organizations. The study also covers geographic forecast of the market size for various segments with regard to 4 main regions—North America, Europe, APAC, and RoW. Reasons to Buy the Report: The report would help the leaders/new entrants in this market in the following ways: • This report segments the network packet broker market comprehensively and provides the closest approximations of the overall market size and those of the subsegments across different end users and regions • The report gives the detailed analysis of the network packet broker market with the help of competitive landscape, including the key companies in the market and their relations in the ecosystem. • The report helps stakeholders understand the pulse of the market and provides them the information on key drivers, restraints, challenges, and opportunities pertaining to the network packet broker market. Download the full report: https://www.reportbuyer.com/product/5567587 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-network-packet-broker-market-is-expected-to-reach-usd-849-4-million-by-2023-from-usd-585-4-million-in-2018--at-a-cagr-of-7-73-300715609.html SOURCE ReportBuyer |