“Deep Packet Inspection and Processing Market by Application (IDS and IPS, Network Performance Management, and Data Loss/Leak Prevention and Management), by Service, by Organization Size, by Vertical, by End User, & by Region – Global Forecast to 2021”
[147 Pages Report] The market size is estimated to grow from USD 7.01 Billion in 2016 to USD 18.60 Billion by 2021, at a CAGR of 21.6%. The base year considered for the study is 2015 and the forecast period has been considered from 2016 to 2021.
The deep packet inspection and processing market has many opportunities of growth in the years to come. Evolution of new ways of cyber-attacks, need for modern network performance management and optimization solutions, and advancements in the communication technology are some of the major driving factors for the market. The study has been carried out to define, describe, and forecast the global market on the basis of applications, services, end-users, organization size, verticals, and regions; and to analyze the opportunities in the market for the stakeholders and details of a competitive landscape for the market leaders.
The research methodology used to estimate and forecast the deep packet inspection and processing market begins with the collection and analysis of data on key vendor revenues through secondary research. The vendor’s product and solution offerings are also analyzed to determine the market segmentation. The bottom-up procedure is used to arrive at the total market size of the global market from the revenue of key players in the market. After estimating the total market size, it is split into the segments and sub segments, which are then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the accurate statistics for all segments and subsegments.
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The deep packet inspection and processing market ecosystem comprises deep packet inspection software vendors, such as Qosmos, Procera, and Ipoque (Rohde & Schwarz); Network Equipment Manufacturers (NEMs) and security solution providers, such as Cisco, IBM, HPE, Palo Alto Networks, Check Point, Extreme Networks, and Huawei; and application vendors, such as Sandvine, CA Technologies, Allot Communications, Solarwinds, and Symantec. The market also comprises wholesalers, and retailers that act as a channel between the NEMs and system integrators & value added resellers.
• Cloud service providers
• Telecom service providers
• Internet service providers
• Networking solution providers
• Security solution providers
• System integrators
• Investment and venture capitalists
• Network infrastructure/equipment vendors
• Consulting Firms
The global deep packet inspection and processing market is expected to grow from USD 7.01 Billion in 2016 to USD 18.60 Billion by 2021, at a CAGR of 21.6%. The base year considered for the study is 2015 and the forecast period has been considered from 2016 to 2021.
The lack of awareness about the requirements of security solutions among many enterprises is acting as an obstacle against the growth of the market. With changes in business environment, the security requirements also need updates. However, many people are unaware of the vulnerabilities present in their devices and thus are at high risks of being hacked.
Cisco (California, U.S.), Intel (California, U.S.), IBM (New York, U.S.), HPE (California, U.S.), Palo Alto Networks (California, U.S.), Check Point (California, U.S.), Blue Coat (California, U.S.), Extreme Networks (California, U.S.), NetScout (Massachusetts, U.S.), Symantec (California, U.S.), and Viavi (California, U.S.) are identified as leaders in the deep packet inspection and processing market, whereas Procera (California, U.S.), Huawei (Guangdong, China), Sandvine (Ontario, Canada), Qosmos (Paris, France), LookingGlass (Maryland, U.S.), Bivio Networks (California, U.S.), Allot (Hod-Hasharon, Israel), cPacket Networks (California, U.S.), LogRhythm (Colorado, U.S.), and Ipoque (Rohde & Schwarz, Leipzig, Germany) are identified as key innovators in the market. The companies have majorly adopted the strategy of partnerships and acquisitions to offer innovative solutions and increase their customer base. The strategy of partnerships and acquisitions accounted for the share of 39% and 33% respectively of the total strategic developments, in the global market.
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