Network Packet Broker Market Regional Analysis:
North America Market Insights
Network packet broker market in the North American region is projected to hold the largest revenue share of about 32% during the projected period. The growth of the market is due to the region's widespread use of cloud-based network infrastructure and the widespread penetration of wireless networking devices. The growth of the business is being aided by the rising number of data centers and the increasing internet penetration in the area. It was predicted that between 2024 and 2029, there will be a steady increase in the number of internet users in North America, amounting to 51 million people. Following nine years of growth, the number of users is predicted to reach 512.95 million in 2029, marking a new peak.
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APAC Market Insights
Network packet broker market in the Asia Pacific region is predicted to hold the second-largest revenue share of about 27% during the forecast period. The market is expanding as a result of improved network infrastructure and increased regional use of portable devices. Growing government initiatives and investments from APAC's technologically advanced nations including China, India, Japan, Singapore, and Australia are propelling the expansion of data center deployments, which is anticipated to propel the network packet broker market. The need for NPBs is also fuelled by the growth of small and medium-sized businesses and their integration of digital technologies.
