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According to a research report “Deep Packet Inspection and Processing Market by Component (Solutions and Services), Solution Type (Hardware and Software), Installation Type (Integrated and Standalone), Deployment Mode, Organization Size, Vertical, and Region — Global Forecast to 2024”, published by MarketsandMarkets, the global deep packet inspection and processing market size is expected to grow from USD 8.7 billion in 2019 to USD 12.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 5.9% from 2019 to 2024. The major factors driving the deep packet inspection and processing market include the continuous evolution of cyberattacks and their corresponding security solutions, need for modern network performance management and optimization solutions. The growing need to meet compliance requirements, increasing advancements in the communication technology, and soaring need to counter fraudulent activities in several verticals are fueling the demand for installing deep packet inspection and processing solutions in various organizations across the globe.
Browse 164 market data Tables and 34 Figures spread through 181 Pages
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The vendors covered in the deep packet inspection and processing market report include IBM (US), Cisco Systems (US), Extreme Networks (US), Juniper Networks (US), Symantec (US), SolarWinds (US), Viavi Solutions (US), NetScout (US), LogRhythm (US), Qosmos (France), Cubro Network Visibility (Austria), Lionic Corporation (Taiwan), Trovicor (Taiwan), Netronome (US), Sandvine (Canada), Huawei (China), Bivio Networks (US), Ipoque (Germany), ManageEngine (US), and WiseSpot (Hong Kong). These players have adopted various growth strategies, including new product launches and product enhancements, partnerships, and acquisitions, to expand their presence in the deep packet inspection and processing market.
Product enhancements and partnerships have been the most adopted strategies by the major players from 2017 to 2019 to innovate their offerings and increase their customer base. Some of the prominent key players are therefore known to offer deep packet inspection and processing solutions to SMEs and large enterprises across verticals, such as banking, financial services, and insurance; government and defense; healthcare; IT and telecom; manufacturing; and retail. Some of the use cases along with the details of relevant deep packet inspection and processing solutions and their benefits, coupled with regulatory implications impacting the deep packet inspection and processing market, are showcased in this market study.
The key players in the market have mainly adopted the strategy of new product launches and product enhancements to grow in the market. The strategy of new product launches and product enhancements accounted for the highest share, with more than 50% of the total strategic developments, in the global deep packet inspection and processing market in the last three years. Many key vendors adopted this strategy to avail the benefits of technology upgradation. SolarWinds, Viavi Solutions, NetScout, and Qosmos are some of the key market players who have adopted this growth strategy.
- In September 2019, Enea launched Qosmos Probe 2.1, a Deep Packet Inspection (DPI) sensor that enables advanced cyber threat detection and forensics. It can also be integrated with open-source and commercial cybersecurity solutions.
- In May 2019, Extreme Networks launched the ExtremeAI Security application, which leverages artificial intelligence and machine learning to identify and remediate advanced threats against IoT devices.
- In February 2019, Cisco completed the acquisition of Singularity Networks, a network infrastructure analytics company. This acquisition will help Cisco provide improved network performance, cost- efficiency, more visibility, and less downtime to its clients.
- In January 2019, IBM partnered with Juniper Networks to manage Juniper Network’s existing infrastructures, which include data centers, help desks, and data and voice networks. As per this partnership, IBM would combine its services platform with Watson to manage Juniper Network’s IT infrastructure.
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According to a research report "Deep Packet Inspection and Processing Market by Component (Solutions and Services), Solution Type (Hardware and Software), Installation Type (Integrated and Standalone), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global deep packet inspection and processing market size is expected to grow from USD 8.7 billion in 2019 to USD 12.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 5.9% from 2019 to 2024.
The major factors driving the deep packet inspection and processing market include the continuous evolution of cyberattacks and their corresponding security solutions, need for modern network performance management and optimization solutions.
The growing need to meet compliance requirements, increasing advancements in the communication technology, and soaring need to counter fraudulent activities in several verticals are fueling the demand for installing deep packet inspection and processing solutions in various organizations across the globe.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252816977Browse 164 market data Tables and 34 Figures spread through 181 Pages and in-depth TOC on "Deep Packet Inspection and Processing Market - Global Forecast to 2024"By organization size, the large enterprises segment to hold a significant share in the global deep packet inspection and processing market in 2019Large enterprises are organizations that have more than 1,000 employees.
Large enterprises are expected to invest significantly in implementing advanced deep packet inspection and processing solutions that are capable of anomaly-based detection to provide optimum security to their intense competitive environment.Large enterprises have adopted cloud security solutions, as they use a large number of cloud and Internet of Things (IoT)-based applications susceptible to cyberattacks.
The increased integration of ICT with the daily activities of industries, governments, families, and consumers, along with the increasing sophistication of cyberattacks, has led the telecom and IT vertical to focus more on their cybersecurity activities.
Moreover, North America tops the world in terms of security breach incidents.
Deep Packet Inspection (DPI) Market Research report– By Application (Intrusion Detection System (IDS), Intrusion Prevention System (IPS)), Service (training, consulting), Organization Size (Large Organization), End-User (BFSI)– Global Forecast till 2023Keywords - Deep Packet Inspection Market, Deep Packet Inspection Market Segments, Global SDeep Packet Inspection Market, Deep Packet Inspection Market Share, Deep Packet Inspection IndustryMarket OverviewThe need to increase the visibility into the network traffic is estimated to guide the deep packet inspection market 2020.
The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.
A 22% CAGR is projected to guide the income to USD 19 billion in the forecast period.The implementation of high-speed broadband services in several regions is estimated to guide the deep packet inspection market share in the approaching period.
The surge in data generation is projected to shape the long term development of the deep packet inspection market in the imminent period.Segmental AnalysisThe segmental investigation of the deep packet inspection market is conducted on the basis of service, organization size, application, region, and end-user.
Based on the application, the deep packet inspection market consists of data loss/leak prevention, intrusion prevention system (IPS), intrusion detection system (IDS), network performance management, and management.
On the basis of service, the deep packet inspection market consists of consulting, training, support & maintenance, and integration.
24 January 2020 - The Global Deep Packet Inspection (DPI) Market was valued at USD 741.7 million in 2013.
Deep packet inspection is an advanced method that has applications in the Open System Interconnection (OSI) reference model.
This technology helps to enhance the quality of service (QoS) by estimating the transmitted data by application of the heavy bandwidth to the congestion of the network.Rising usage of mobile devices in connection with the growing demand for mobile broadband data is anticipated to drive the deep packet inspection market.
Growing urbanization as well as increased in the purchasing power is predicted to trigger mobile devices usage over the forecasted period.
Data packets inspection, anti-terrorism prevents against malicious viruses and other malware and is expected to drive the DPI industry throughout the forecast period.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/deep-packet-inspection-dpi-marketThe government sector has various confidential data which needs to be enhanced security and leads to the increase in the use of inspection platform for a high level of censorship security and examination.
It is analogous to Business support system (BSS) and Operating Support System (OSS) that helps to understand the user behavior.Increasing use of mobiles and growing number of users for wireless and broadband connectivity as well as increasing competition among the network operators are predicted to drive the deep packet inspection market growth.
The global Deep Packet Inspection (DPI) Market was valued at USD 741.7 million in 2013.
Deep packet inspection is an advanced method that has applications in the Open System Interconnection (OSI) reference model.
This technology helps to enhance the quality of service (QoS) by estimating the transmitted data by application of the heavy bandwidth to the congestion of the network.
Download Free Sample Report @ https://www.millioninsights.com/industry-reports/deep-packet-inspection-dpi-market/request-sample Rising usage of mobile devices in connection with the growing demand for mobile broadband data is anticipated to drive the deep packet inspection market.
Growing urbanization as well as increased in the purchasing power is predicted to trigger mobile devices usage over the forecasted period.
Wireless data traffic along with the flat rate pricing and rising competition is anticipated to increase throughout the forecast period.
