Global Network Packet Broker Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2022-2028

Network Packet Broker Market 2028

The global Network Packet Broker market is projected to reach US$ 1154.8 million by 2028 from an estimated US$ 778.2 million in 2022, at a CAGR of 6.8% during 2023 and 2028.

A Network Packet Broker (NPB) is an active device that routes specified network service and monitoring devices, performance management, and security applications with specific raw data packets from network interfaces (usually via SPAN or network TAP points).

Network Packet Broker Market Trends

The demand for network visibility and control solutions is being driven by the complexity and volume of network traffic that is growing. Organizations want effective tools to monitor, manage, and optimize network traffic as networks become more complex and transport more data. Network Packet Brokers enable organizations to get useful insights and guarantee network performance and security by giving various monitoring and security tools the capacity to record, filter, aggregate, and disseminate network data. This factor is expected to drive the growth of the Network Packet Broker Market 

The development of virtualization and cloud computing technologies is assisting in the expansion of the NPB industry. Network designs become increasingly dispersed and dynamic as cloud services and virtualized environments grow more widespread. By guaranteeing that monitoring and security tools may access the pertinent network traffic, independent of the physical or virtual architecture, network packet brokers play a critical role in supplying visibility and control in these complex contexts. Because of their scalability and flexibility, NPBs are crucial elements of virtualized and cloud networks. This factor is expected to drive the growth of the Network Packet Broker Market 

The deployment of Network Packet Brokers is being driven by the rising relevance of network security. Because of the increasing amount of cyber risks and assaults that businesses must contend with, effective network security is a key concern. Network traffic may be efficiently and centrally distributed to security solutions like firewalls, intrusion detection systems, and data loss prevention systems thanks to NPBs. This makes it possible to monitor and analyze network data in real time, which enables prompt identification and reaction to any security breaches. This factor is expected to drive the growth of the Network Packet Broker Market 

A major factor driving the NPB industry is the requirement for network performance optimization. To provide high-quality services and sustain customer happiness, organizations must make sure that their networks are operating at peak efficiency. Network packet brokers provide measuring, analyze, and optimizing network performance parameters, as well as locating traffic bottlenecks. NPBs assist organizations to solve performance issues, optimizing resource utilization, and improving overall network efficiency by offering thorough insight into network traffic.

The growing use of network function virtualization (NFV) and software-defined networking (SDN) technologies is another driver boosting market development. Greater network programmability, agility, and automation are made possible by SDN and NFV. By giving these settings the required visibility and control over network traffic, network packet brokers play a crucial part. They can dynamically reroute traffic in response to shifting network policies, ensuring that the right traffic is transmitted in real-time to the proper monitoring or security tools. This factor is expected to drive the growth of the Network Packet Broker Market 

Key Companies & Market Share Insights

Inline and Non-inline can be used to categorize the whole market for network packet brokers according to type segmentation. The first kind that has to be mentioned is inline; in 2019, it accounted for around 55.61% of the worldwide market.

Performance Monitoring is the primary application area for network packet brokers. This industry's market share in 2019 was 66.45%, followed by the Security Delivery sector (33.55%).

The leading companies in the global market for network packet brokers are Keysight, NetScout, Cisco, Keysight, and APCON. In 2019, these Top 5 producers account for more than 60% of the worldwide market.

Scope of the Global Network Packet Broker Market Report