The network packet broker (NPB) is critical in enhancing network security. Positioned between tools and device infrastructure, these devices provide application monitoring, security, and acceleration functionalities. Through eliminating redundant data and preventing congestion of monitoring tools, NPBs optimize the performance and efficiency of network monitoring processes. The market for NPBs is driven by the increasing need for robust network security solutions that can effectively handle the growing volume and complexity of network traffic.
According to Data Bridge Market Research, the Network Packet Broker Market accounted for USD 749.79 million in 2021 and is expected to reach USD 1,450.71 billion by 2029, registering a CAGR of 8.60% during the forecast period of 2022-2029.
“Growing need for simplified data center management and automation”
The growing need for simplified data center management and automation is a significant network packet broker market driver. As data centers become more complex and dynamic, organizations require efficient solutions to effectively manage and monitor their network traffic. Network packet brokers are crucial in optimizing data flow, ensuring security, and improving overall network performance. Additionally, the increasing demand for cloud services further boosts the market, as network packet brokers facilitate seamless and secure data transfer within cloud environments.
What restraints the growth of the network packet broker market?
“Emergence of self-reliant and improved servers”
The network packet broker market faces a restraint due to the emergence of self-reliant and improved servers. These advanced servers can handle complex networking tasks internally, reducing the reliance on external packet brokers. As organizations invest in robust server infrastructure, they may opt for built-in network visibility and analysis capabilities within these servers. This trend limits the demand for separate network packet brokers, as organizations prefer integrated solutions that offer comprehensive networking capabilities without additional hardware or software.
Segmentation: Network Packet Broker Market
The network packet broker market is segmented on the basis of bandwidth, network set-up, security tools and end user.
- On the basis of bandwidth, the network packet broker market is segmented into 1 gbps and 10 gbps, 40 gbps, 100 gbps.
- On the basis of network set-up,the network packet broker market is segmented into on-premise, cloud, virtual.
- On the basis of security tools, the network packet broker market is segmented into passive, active (inline).
- On the basis of end user, the network packet broker market is segmented into enterprise, service providers, and government organizations.
Regional Insights: North America Dominates the Network Packet Broker Market
North America dominates the network packet broker market due to the presence of major Network Attached Storage (NAS) providers and the region's mature network infrastructure. Additionally, North America's increasing number of small and medium enterprises (SMEs) contributes to the market's dominance.
Asia-Pacific (APAC) is projected to experience substantial growth in the network packet broker market from 2022 to 2029. This growth can be attributed to improved network infrastructure across the region, accompanied by an increased utilization of portable devices. These factors drive the demand for network packet brokers in APAC.
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Recent Developments
- In July 2019, Niagara Networks and L7 Defense collaborated to enhance API security and implement zero-trust safety measures within a company network. Niagara Networks, known for collecting network traffic, provided Ammune with comprehensive visibility for risk inspection, ensuring secure API communication. This collaboration expanded Niagara Networks' customer base and improved their offerings.
The Prominent Key Players Operating in the Network Packet Broker Market Include:
- 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)
Above are the key players covered in the report, to know about more and exhaustive list of network packet broker market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Network Packet Broker Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
