Network Packet Broker Market Analysis

Bandwidth (1gbps and 10gbps, 40gbps, 100gbps)

Based on the bandwidth the 1gbps and 10gbps segment in the network packet broker market is attributed to hold the largest revenue share of about 50% during the forecast period. These days, 10Gbps NPBs are the most used variety. Traffic from access switch uplinks and aggregation/core switches, which often operate at speeds of 10Gbps and above, is captured by 10Gbps network packet brokers. Network packet brokers with speeds of 1 and 10 Gbps are extensively used in a variety of industries, including telecoms, government agencies, and other service providers. High bandwidth network packet brokers are currently becoming very popular in the market. Because of this, the cost of 1 and 10 Gbps NPBs has been coming down, which encourages the use of these NPBs for the best possible network expansion. Large corporate organizations can do a variety of tasks with adequate internet network speed owing to the average 10 Gbps speeds that most data centers across the globe operate at. Moreover, due to the growing demand for automated and streamlined data center administration, this segment is projected to hold a significant network packet broker market share during the projection period. The worldwide industry for data center automation was projected to be USD 6.8 billion in 2021 and is projected to grow to USD 7.6 billion in 2022.

End User (Enterprise, Service Providers, Government Organization)

Based on end users the enterprise segment in the network packet broker market is expected to hold the largest revenue share of about 48% during the forecast period. To handle enormous volumes of data, growing enterprise applications demand high-performance connectivity, continuous uptime, high throughput, and high reliability. Network packet brokers are being used in businesses to meet these needs. Big businesses in a variety of sectors have been utilizing digitization more and more to enhance their operational procedures. Network packet brokers' market will eventually develop due to the changing digitization in healthcare, e-commerce, banking, and education, as well as enterprise data centers.

Our in-depth analysis of the global network packet broker market includes the following segments: