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Posted by Catherine on September 9, 2024 at 11:18pm 0 Comments 0 Likes
Posted by Larry on September 9, 2024 at 11:13pm 0 Comments 0 Likes
The global Network Probe Market size is expected to reach USD 1.24 billion by 2028, registering a CAGR of 12.3% from 2021 to 2028 according to a new report by Grand View Research, Inc. Network probes help businesses to understand the protocols being used in the network that hosts the sending and receiving of data, the location of network traffic, and others. Thus, companies are widely adopting network probes for getting in-depth visibility of their network, which is driving the growth of the market.
Mobile network providers are increasingly demanding network probes to monitor the network required for 5G connections to improve customer experience. As such, various mobile companies are partnering with network probe companies to provide network visibility for 5G connections. For instance, in September 2020, Gigamon announced its partnership with Nokia to deliver enhanced customer experience and network visibility to accelerate the adoption of 5G.
Many network probe solution providers are entering into a partnership with digital service providers for helping enterprises grow digitally. For instance, in April 2021, Netscout, a network service provider, announced its partnership with Dell Technologies. Through this partnership, the companies aim to deliver cost-effective solutions to medium-to-large-sized enterprises to help them grow digitally.
The outbreak of COVID-19 is anticipated to favorably impact the market. Network probes enable businesses to secure their data remotely, which is driving market growth. Furthermore, the increase in internet usage due to the work-from-home policy is boosting the demand for network probes for managing network traffic.
Related Press Release@ Network Probe Market Report
List of Key Players of Network Probe Market
Network Probe Market Report Highlights
Report Attribute |
Details |
Market size value in 2021 |
USD 0.55 billion |
Revenue forecast in 2028 |
USD 1.24 billion |
Growth rate |
CAGR of 12.3% from 2021 to 2028 |
Base year of estimation |
2020 |
Historical data |
2017 - 2019 |
Forecast period |
2021 - 2028 |
Related Reports@
Network Probe Market Segmentation
Grand View Research has segmented the global network probe market based on component, deployment, enterprise size, end use, and region:
Network Probe Component Outlook (Revenue, USD Million, 2017 - 2028)
Network Probe Deployment Outlook (Revenue, USD Million, 2017 - 2028)
Network Probe Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)
Network Probe End-use Outlook (Revenue, USD Million, 2017 - 2028)
Network Probe Regional Outlook (Revenue, USD Million, 2017 - 2028)
Middle East & Africa
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