Deep Packet Inspection and Processing Market:
The GMI Research’s latest analysis reveals that the Deep Packet Inspection and Processing Market is slated to register a higher CAGR in the coming years. This is attributed to the high adoption of regulatory & data protection laws driven by growing cybersecurity issues, followed by the rising demand for improved security on the internet.
Deep Packet Inspection and Processing Market’s leading Manufacturers:
- Cisco Systems, Inc.
- IBM Corporation
- Juniper Networks, Inc.
- Extreme Networks
- SolarWinds Inc.
- Cubro Network Visibility
- NETSCOUT
- Viavi Solutions, Inc.
- Qosmos
- LogRhythm, Inc.
Deep Packet Inspection and Processing Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)
Key Drivers
The high adoption of regulatory & data protection laws driven by growing cybersecurity issues, followed by the rising demand for improved security on the internet, are the key drivers contributing to the growth of the deep packet inspection and processing market size. Moreover, rapid technological advancements in the deep packet inspection technology and several R&D activities are focusing on improving the performance, thus surging the growth of the market in the coming years. The strong adoption of such technology by the government to control the network traffic of the nation and analyze the data and sites which can cause harm, coupled with the rapid urbanization of cloud-based security technologies, will further propel the demand of the market. Furthermore, the increasing need for decreasing the cost of operation and capital spending, followed by improving the performance of the network and the growing implementation of cloud computing, big data, and IoT in the communication technologies, will further boost the growth of the deep packet inspection and processing market. On the contrary, the factors hindering the growth of the market include the high budget needed for security and the shortage of trained or skilled security personnel.
Installation Type Segment Drivers
Based on the installation type, the Integrated segment is projected to rise at a higher CAGR over the coming years due to the increasing implementation of integrated deep packet inspection and processing solutions. Furthermore, the integrated deep packet inspection and processing solutions provide remarkable benefits, including enhanced productivity & business performance, streamline visibility & agility, coupled with automation and improvement of the complete packet inspection process, will attract a large customer base towards the market.
Regional Drivers
Based on the region, North America is expected to increase at a faster CAGR in the coming years due to the strong adoption of deep packet inspection and processing across various verticals and the presence of market players. Additionally, the strict government reforms for online data security and increasing R&D activities in the technologies regarding security are some factors stimulating the market growth.
Deep Packet Inspection and Processing Market Segmentation:
Segmentation by Component:
- Services
- Solutions
- Hardware
- Software
Segmentation by Installation Type:
- Integrated
- Standalone
Segmentation by Deployment Mode:
- Cloud
- On-Premises
Segmentation by Organization Size:
- Small & Medium-Sized Enterprises
- Large Enterprises
Segmentation by Vertical:
- Government & Defense
- IT & Telecom
- BFSI
- Healthcare
- Manufacturing
- Retail & Ecommerce
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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