Deep Packet Inspection and Processing Market to Grow at 21.6% CAGR to 2021 – Research Forecast
The market is to grow USD 18.60 billion by 2021at an estimated CAGR of 21.6% Led by Data Loss/Leak Prevention (DLP) management application driven by Continuously evolving cyber-attack techniques.
Pune, India – June 13, 2016 /MarketersMedia/ —
The deep packet inspection and processing market is estimated to grow from USD7.01 billion in 2016 to USD 18.60 billion by 2021, at an estimated CAGR of 21.6%. The need for robust cyber security solutions and network performance management & optimization solutions to efficiently manage today’s complex networking environment in compliance with the standards and regulations are some of the driving factors for the deep packet inspection and processing market.
Complete report on deep packet inspection and processing market spread across 147 pages, profiling 10 companies and supported with 67 tables and 57 figures is now available http://www.rnrmarketresearch.com/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-st-to-2021-market-report.html .
The data loss/leak prevention and management is one of the fastest-growing application based on deep packet inspection technology. DLP techniques have evolved from reactive protection to proactive protection-based model, making it addressable to the latest technologies and trends such as Bring Your Own Device (BYOD), mobile device penetration, and ever growing sophistication of data breaches and Advanced Persistent Threats (APTs). Other growth factors of DLP techniques are increasing need of data loss security in corporate arena, Growing trend in BYOD, and need for filtration of data at rest on the corporate network are some of the driving factors for the adoption of DLP applications.
Network performance management and optimization solutions are intensively used in this sector to ensure improved Quality of Service (QoS) and Quality of Experience (QoE), which makes this sector the highest contributor in the deep packet inspection and processing market.
Factors such as continual growth in the mobile network, increasing complexity of business, unregulated nature of internet, and growth in the adoption of BYOD are driving the deep packet inspection and processing market in the APAC region.
One of the most innovative developments in the deep packet inspection and processing market is the development of Next-Generation Firewalls (NGFWs) that are capable of inspecting the network packets up to layer 7 (application layer) of the OSI model using deep packet inspection technology. This provides powerful network traffic filtering capabilities depending upon the packet contents. Open-port driven attacks, such as Code Red, Nimda, and SQL Slammer worm triggered the need for such application.
The key vendors of deep packet inspection and processing market profiled in this report such as Cisco Systems, Inc., Intel Corporation, International Business Machine (IBM) Corporation, Hewlett-Packard Enterprise (HPE) Company, Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Blue Coat Systems, Inc., Extreme Networks, Inc., Net Scout Systems, Inc., Symantec Corporation and Viavi Solutions.
Get a discount on the report of 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 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=612483 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (15%), Tier 2 (26%) and Tier 3 (59%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (35%), Directors (40%) and others (25%) from various key organizations operating in the deep packet inspection and processing market. The primary interviews were conducted worldwide covering regions such as North America (26%), Europe (35%), APAC (32%) and RoW (7%).
On a related note, another research on Software Defined Wide Area Network Market Global Forecast to 2020 says, The SD-WAN market size is estimated to grow from USD 4.66 billion in 2015 to USD 5.57 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 3.64%. The SD-WAN market is driven by factors such as increasing need for mobility services, reducing OPEX and urge for simplified network architecture. Controllers are expected to gain the maximum traction during the forecast period. Companies like Aryaka Networks, Inc., Cisco systems, Inc., Talari Networks, Inc., FatPipe Networks, Inc., Mushroom Networks, Inc., Glue Networks, Inc., Velocloud, Netcraftsmen and Viptela, Inc. have been profiled in this 124 pages research report available at http://www.rnrmarketresearch.com/software-defined-wide-area-network-market-by-components-virtual-appliance-physical-appliance-hybrid-deployment-type-on-premises-on-cloud-service-managed-services-professional-services-verticals-by-regions-global-forecast-to-2-market-report.html .
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