PUBLISHER: Grand View Research | PRODUCT CODE: 1574873
PUBLISHER: Grand View Research | PRODUCT CODE: 1574873
The network processing unit market size was estimated at USD 7.16 billion in 2023 and is projected to grow at a CAGR of 17.1% from 2024 to 2030. The growing need for high-performance networking solutions is driving the adoption of NPUs. As data traffic continues to escalate, Network Processing Unit (NPU) provide the necessary capabilities to handle complex networking tasks, ensuring improved performance and reliability in data transmission across various sectors. Moreover, with the rise in cyber threats, there is a heightened emphasis on security features in networking solutions. NPUs facilitate advanced security functions, such as deep packet inspection and encryption, ensuring secure data transmission across networks.
Key industry suppliers continuously advance NPU technology, introducing increasingly powerful and sophisticated NPUs. These new models incorporate cutting-edge technologies such as programmable logic, high-speed memory interfaces, and machine learning accelerators. As a result, NPUs can manage and perform a broader range of networking tasks more efficiently. Moreover, advancements in network function virtualization (NFV) and software-defined networking (SDN) are paving the way for more flexible and scalable NPU-based systems.
Global Network Processing Unit Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global Network Processing Unit market report based on product, application, and region.