Network Packet Broker Market – North America to Dominate the Regional Landscape Over 2019-2025

Global Network Packet Broker Market report 2025 focuses on the major Types and Applications for the key players. The study report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The market research report is a professional and in-depth study on the current state of global industry.

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North America dominates the network packet broker market due to the rising adoption of IT and cloud services along with growth in the new data center technologies. The region is also home to some of the leading cloud service providers including IBM cloud, Microsoft Azure, and Google cloud platform increasing the market demand. The Asia Pacific market is growing at the fastest rate due to the growing government initiatives for digitalization and rapid increase in the deployment of data centers mainly in China, Japan and India. There is also a rise in the number of internet service providers and growing population of internet users which is also expected to accelerate the market growth over the forecast timeline.

The rising advent of BYOD in organizations have resulted into enormous growth of big data and cyberthreats across the organization. As the traffic volumes increase exponentially is necessary to provide enhanced services with higher speed, increased security, compliance and analytics, resulting into a growth in the demand for network packet broker market. It enhances incident analysis by allowing IT and security processes to gain security intelligence and situational awareness surrounding intrusion and extrusion occurrences. This has enabled enterprises to accelerate their incident response operations, in turn raising the demand for network packet broker market.

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The network packet broker market solutions are adopted in various application verticals including government organizations, enterprises and service providers. The market is witnessing a huge adoption rate from the enterprises due to their increasing bandwidth requirement coupled with rise in the enterprise data. Companies operating in this market are also innovating advanced solutions to deliver enhanced services to the enterprises. For instance, in November 2017, Ixia introduced a new software version of its network packet broker device. This new solution will transform open switches in network packet brokers providing data center visibility to the enterprises. It also offers access to network packets facilitating real-time visibility and security for high density networks.

The network packet broker market is highly competitive due to the existence of a substantial number of players in the space. Some of the major players present in the market are NetScout Systems, Inc, Gigamon, Ixia, Broadcom Inc., APCON, Inc., Network Critical, Motadata, Netgear Inc. Corvil, Big Switch Networks, Inc., Juniper Networks, Inc., Cisco Ssytems Inc., and Zenoss Inc. These players are entering into strategic alliances and partnerships to expand their market presence and gain a competitive edge in the highly lucrative market.

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