Network Probe Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Deployment; By Region; Segment Forecast, 2023 - 2032

Network Probe Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Deployment; By Region; Segment Forecast, 2023 - 2032

The global network probe market size is expected to reach USD 1.87 billion by 2032, according to a new study by Polaris Market Research. The report “Network Probe Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Deployment; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

With the use of network probes, organizations can better comprehend the protocols in use on the network that facilitates data sending and receiving, the location of network traffic, and other topics. As a result, network probes are frequently used by businesses to gain comprehensive network awareness, which is fueling the market's expansion. In order to improve customer experience, mobile network operators are requesting network probes to monitor the network necessary for 5G connections. In order to give network visibility for 5G connections, many mobile service providers are collaborating with network probe businesses. For instance, Gigamon and Nokia announced their collaboration in September 2020 with the goal of delivering improved network visibility and customer experience to hasten the implementation of 5G.

For the purpose of assisting businesses in growing digitally, many network probe solution suppliers are forming partnerships with digital service providers. For instance, the network service company Netscout announced its collaboration with Dell Technologies in April 2021. The organizations hope to provide medium- to large-sized businesses with affordable solutions through this alliance in order to aid in their digital growth. Network probe also alerts users if anything unusual happens and takes proactive measures to address any issues before they become serious. The filtering and searching processes for any chat, protocol, or host are aided by the network probe. Simply enter a few words in the search field, and a network probe will help to suggest results that have been discovered on the network.

Device interconnection and virtualization technologies have rapid annual growth rate plans, revenue prediction periods, and revenue growth factors when more advanced DNS technology is deployed. Due to the rise in network attacks, security technologies, vulnerabilities, and visibility, it is now necessary to implement effective network performance and security testing procedures. As a result, network probing has started to be used by critical stakeholders to provide detailed network awareness in a network's infrastructure. A variety of cybersecurity attacks enhanced worker productivity, and network probe tool usage was largely driven by cost savings. As a result, SMEs will generate new business prospects and serve as major catalysts for the expansion of the numerous suppliers in this market consulting segment. Extreme visibility and control are not possible with network probe tools. Network detection technologies are unable to access some blind spots in the network. Any ongoing network faults, such as those that cause network outages, will waste resources and lower revenue.

Network Probe Market Report Highlights

The solution industry led the market accounting for the largest revenue share. Network probe technologies enable businesses to keep an eye on network traffic, including evasive and encrypted communication.

In 2022, the on-premise category dominated the market. On-premise network monitoring provides a higher level of network control than cloud-based alternatives. Since it enables them to precisely tailor solutions to their needs, IT experts are the ones who employ this deployment method the most.

North America emerged as the largest regional market in 2022. Major market players like IBM, Cisco, SolarWinds, and others are present in the area, which has contributed to regional growth. The market demand is also being fueled by the region's rising adoption of 5G technology.

The global players include, SolarWinds, NETSCOUT, Broadcom, IBM, Cisco, Nokia, Catchpoint, Cubro, Kentik, NEC.

Polaris Market Research has segmented the Network Probe Market report based on component, deployment, and region:

Network Probe, Component Outlook (Revenue - USD Billion, 2019 - 2032)

Solution

Services

Network Probe, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)

On-Premise

Cloud

Network Probe, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa