Network Packet Broker Market to Hit USD 1450.71 Billion by 2031, Fueled by 8.6% CAGR: Dominance of 1 GBPS Segment Driven by Growing Consumer Equipment Usage

Data Bridge Market Research recently undertook a comprehensive market intelligence investigation into the network packet broker market Market. Their freshly released report adopts an attractive format, effectively presenting crucial data through visually captivating tables, graphs, charts, and figures.

Market research analysis is one of the finest options to resolve business challenges quickly by saving a lot of time. An international network packet broker market document analyzes the market status, growth rate, future trends, market drivers, market restraints, key opportunities, challenges, market risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Under competitive analysis section of network packet broker market report, major key players existing in the market are revealed along with different details such as company profiles, their market share analysis, and their diverse strategies which make them prosper in the market.

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Global Network Packet Broker Market was valued at USD 749.79 million in 2021 and is expected to reach USD 1450.71 billion by 2029, registering a CAGR of 8.60% during the forecast period of 2022-2029. Cloud is expected to witness high growth in the network set-up segment owing to the rise in data generation across industries. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Network packet broker, also teemed as NPB, is a type of device that offers a collection of monitoring tools and is located between tools and device infrastructure. It helps to re-strengthen network security by providing monitoring, security and acceleration on tools for their applications and eradicating repetitive data and protecting monitoring tools from being congested.

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Key Growth Drivers:

Need For Simplified Data Center Management
The rise in need for simplified data center management, and automation is one of the major factors driving the growth of network packet broker market. The increase in demand for cloud services have a positive impact on the market.

Surge in Connecting Devices
The rise in number of connecting devices associated with increasing security concerns resulting in high demand for monitoring and security tools accelerate the market growth.

The report emphasizes the participation of key entities, notably:

NETSCOUT (US), VIAVI Solutions Inc. (US)

Keysight Technologies (US)

Gigamon (US)

APCON (Switzerland)

Garland Technology (India)

Big Switch Networks, Inc. (US)

Network Critical (UK)

Corvil (Ireland)

Microtel Innovation S.r.l (Italy)

Juniper Networks, Inc. (US)

Arista Networks, Inc. (US)

CPACKET NETWORKS (US)

Niagara Networks (US)

Profitap HQ B.V. (Netherlands)

CGS Tower Networks (Israel)

Datacom Systems INC (US)

5FeetNetworks Oy (Finland)

Cisco (US)

ECI Telecom (Israel)

Report Scope:

Analysis of market trends influencing the global beverage stabilizers market's growth.
Examination of trends within key regional and country-level markets based on type, function, and application.
Providing a comprehensive overview of the network packet broker market market.
Evaluation of historical, current, and projected market sizes in terms of volume and value.
Offering a neutral perspective on market performance.
Essential information for market players seeking to maintain and expand their market presence.
Key Market Segmentation

By Bandwidth (1 GBPS and 10 GBPS, 40 GBPS, 100 GBPS), Network Set-Up (On-Premise, Cloud, Virtual), Security Tools (Passive, Active (Inline)), End User (Enterprise, Service Providers, Government Organizations)

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Data Bridge Market Research operates as a multinational management-consulting firm, boasting offices situated in both India and Canada. Renowned for our innovative and cutting-edge market analysis methodologies, we pride ourselves on our unparalleled durability and forward-thinking approaches. Our commitment lies in unravelling optimal consumer prospects and nurturing invaluable insights to empower your company's success within the market.

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