Insights on the Network Probe Global Market to 2027 - COVID-19 Impact Analysis Report and Forecasts
DUBLIN, July 26, 2021 /PRNewswire/ -- The "Global Network Probe Market By Component, By Deployment Type, By Enterprise Size, By End User, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Network Probe Market size is expected to reach $1 billion by 2027, rising at a market growth of 11.1% CAGR during the forecast period. Network Probe is considered as an ideal network monitor and protocol analyzer to keep track of network traffic in real-time and will assist the company to identify the best sources of any network slow-downs in a fraction of seconds. Network probe will help the company to understand which protocols are being utilized on your network, which hosts are sending and receiving data, the location of the traffic, and when all this occurs.
Enterprise Size Outlook
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. The small and medium-sized enterprises segment is expected to showcase a promising growth rate throughout the forecast period. These companies face many challenges due to a lower budget for network infrastructure, in spite of developments in technologies. Though, with the high accessibility of low-cost cloud services, SMEs have switched towards digital transformation so as to take advantage of the latest technologies like cloud, analytics, Internet of Things (IoT), and Software-Defined Networking (SDN).
End User Outlook
Based on End User, the market is segmented into Service Providers, Government & Defense, IT & Telecom, BFSI and Others. With the growing developments in network monitoring devices, network probe solution vendors have begun to provide end-to-end network prove solutions, combined with network security features, to harness the ability of the flow-based technology, and track & analyse network traffic. Using network probes, SMEs can protect themselves from digital intruders. Moreover, network probe is highly beneficial for SMEs as it assists in network monitoring, and real-time network visibility and analysis to enhance network performance, and offer network security and privacy.
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The Asia pacific network probe market is expected to witness robust strong during the forecast years. The Asia Pacific is considered to be one of the fastest emerging regions in the world. With the increasing number of latest technologies, there is a gradual development in the amount of data traffic within a company's networks. Due to this, the number of cyber-attacks like a virus, malware, and DoS on enterprise networks has significantly increased, resulting in the high demand for network probe solutions among organizations in the region, particularly in the fastest-growing countries like Japan, China, and India.
The major strategies followed by the market participants are partnerships. Based on the Analysis presented in the Cardinal matrix; Cisco Systems, Inc. and IBM Corporation are the forerunners in the Network Probe Market. Companies such as Catchpoint Systems, Inc., Broadcom, Inc., AppNeta, NEC Corporation are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SolarWinds Corporation, NetScout Systems, Inc., Broadcom, Inc., IBM Corporation, Cisco Systems, Inc., Nokia Corporation, NEC Corporation, Micro Focus International PLC, AppNeta, and Catchpoint Systems, Inc.
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Key Topics Covered:
Chapter 2. Market Overview
For more information about this report visit https://www.researchandmarkets.com/r/46ppfi
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