Asia-Pacific Network Packet Broker Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Network packet broker is being utilized for various applications, such as intelligence and filtering, data masking, and SSL decryption, among others. These devices are being used in sectors such as service providers, enterprises, government organization, and various other industrial verticals.

Asia-Pacific Network Packet Broker Market was valued at USD 742.07 million in 2021 and is expected to reach USD 1323.47 million by 2029, registering a CAGR of 7.50% 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. The market report curated by the Data Bridge Market Research team 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.

Report Scope and Market Segmentation

Asia-Pacific Network Packet Broker Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

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.

• Adoption of Cloud Computing

The surge in the adoption of cloud computing and the ever-increasing number of multimedia content on the internet further influence the market. Also, use of bare-metal switches and introduction of cost-effective network packet broker further assist in the expansion of the market.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the network packet broker market.

Opportunities

Furthermore, rise in trend of bare-metal switches extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in bandwidth requirements in data centers will further expand the market.

Restraints/Challenges

On the other hand, presence of self-reliant better servers is expected to obstruct market growth. Also, issues with compatibility with different data center architectures are projected to challenge the network packet broker market in the forecast period of 2022-2029.

This network packet broker market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on network packet broker market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Asia-Pacific Network Packet Broker Market

The COVID-19 has impacted network packet broker market. The limited investment costs and lack of employees hampered sales and production of hardware associated with the network packet broker technology. However, government and market key players adopted new safety measures for developing the practices. The advancements in the technology escalated the sales rate of the hardware and software as it targeted the right audience. The increase in number of connected devices across the globe is expected to further drive the market growth in the post-pandemic scenario.

Recent Developments

• In July 2019, Niagara Networks collaborated with L7 Defense for API security in order to attempt to bring zero trust safety to API communication across a company network. Niagara Networks collects traffic throughout the network and offers Ammune complete visibility for risk inspection to secure the API. The company enhances the customer base with this collaboration.
• In July 2018, Gigamon launched “next-generation” network packet broker in security business. This helps in setting up its network visibility equipment as traffic monitoring systems by identifying the movement in any network and transmitting them to suitable security tool for additional inquiry. This will help the company in sale maximization by catering the customer’s needs.

Global Asia-Pacific Network Packet Broker Market Scope and Market Size

The pet companion robots market is segmented on the basis of bandwidth, network set-up, security tools and end user.  The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Bandwidth

• 1 gbps and 10 gbps
• 40 gbps
• 100 gbps

The bandwidth segment of the network packet broker market is segmented into 1 gbps and 10 gbps, 40 gbps and 100 gbps.

Network Set-Up

• On-Premise
• Virtual
• Cloud

On the basis of network set-up, the network packet broker market is segmented into on-premise, virtual and cloud.

Security Tools

• Passive
• Active (Inline)

Based on security tools, the network packet broker market is segmented into passive and active (inline).

End User

• Enterprise
• Service Providers
• Government Organizations

On the basis of end user, the network packet broker market is segmented into enterprise, service providers and government organizations. Enterprise is further segmented into small and medium–sized enterprise (SME) and large enterprise.

Competitive Landscape and Asia-Pacific Network Packet Broker Market

The network packet broker market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to network packet broker market.

Some of the major players operating in the network packet broker market are

• 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)

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