Network Packet Broker Market Report: Trends, Forecast and Competitive Analysis to 2030

Network Packet Broker Market Trends and Forecast

The future of the global network packet broker market looks promising with opportunities in the enterprise, service provider, government organization markets. The global network packet broker market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 7.9% from 2024 to 2030. The major drivers for this market are growing adoption of automation technology, rising demand for cloud services, and increasing in internet multimedia content and web applications.

A more than 150-page report is developed to help in your business decisions.

Network Packet Broker Market by Segment

The study includes trends and forecast for the global network packet broker market by bandwidth, end use, and region.

Network Packet Broker Market by Bandwidth [Shipment Analysis by Value from 2018 to 2030]:

• 1 and 10 Gbps
• 40 Gbps
• 100 Gbps

Network Packet Broker Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Enterprises
• Service Providers
• Government Organizations

Network Packet Broker Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Network Packet Broker Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies network packet broker companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network packet broker companies profiled in this report include-

• Gigamon
• Netscout
• Ixia
• Apcon
• Viavi Solutions
• Cisco
• Garland Technology
• Broadcom
• Juniper Networks
• Big Switch Networks

Network Packet Broker Market Insights

Lucintel forecasts that 1 and 10 gbps network segment is expected to witness the highest growth over the forecast period.

Within this market, enterprises will remain the largest segment.

North America is expected to witness the highest growth over the forecast period.

Features of the Global Network Packet Broker Market

Market Size Estimates: Network packet broker market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Network packet broker market size by bandwidth, end use, and region. in terms of value ($B).

Regional Analysis: Network packet broker market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different bandwidth, end use, and region.s for the network packet broker market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the network packet broker market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the network packet broker market size?

Answer: The global network packet broker market is expected to reach an estimated $1.4 billion by 2030.

Q.2. What is the growth forecast for network packet broker market?

Answer: The global network packet broker market is expected to grow with a CAGR of 7.9% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the network packet broker market?

Answer: The major drivers for this market are growing adoption of automation technology, rising demand for cloud services, and increasing in internet multimedia content and web applications.

Q.4. What are the major segments for network packet broker market?

Answer: The future of the global network packet broker market looks promising with opportunities in the enterprise, service provider, government organization markets.

Q.5. Who are the key network packet broker companies?

Answer: Some of the key network packet broker companies are as follows:

• Gigamon
• NetScout
• Ixia
• APCON
• VIAVI Solutions
• Cisco
• Garland Technology
• Broadcom
• Juniper Networks
• Big Switch Networks

Q.6. Which network packet broker market segment will be the largest in future?

Answer: Lucintel forecast that 1 and 10 gbps networkis expected to witness the highest growth over the forecast period.

Q.7. In network packet broker market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the network packet broker market by bandwidth (1 and 10 gbps, 40 gbps, and 100 gbps), end use (enterprises, service providers, and government organizations), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?