Deep Packet Inspection and Processing Market Growth | Analysis 2023-2028

March 22 03:10 2023
Deep Packet Inspection and Processing Market Growth | Analysis 2023-2028
Deep Packet Inspection and Processing Market 2023-2028
Deep packet inspection and processing market size reached US$ 19.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 73.7 Billion by 2028, exhibiting a growth rate (CAGR) of 25% during 2023-2028.

According to the latest report by IMARC Group, titled “Deep Packet Inspection and Processing Market Size: Global Industry Share, Growth, Trends, Opportunity and Forecast 2023-2028,” The global deep packet inspection and processing market size reached US$ 19.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 73.7 Billion by 2028, exhibiting a growth rate (CAGR) of 25% during 2023-2028.

Deep Packet Inspection and Processing Definition and Application:

Deep packet inspection (DPI) involves analyzing network traffic by examining the contents of data packets and selectively blocking or redirecting packages containing detailed data or code payloads. It is used in various applications, including internet data mining, eavesdropping, internet censorship, and advanced network management and security operations. As a result, DPI finds extensive applications in specialized cybersecurity products, such as intrusion detection systems (IDS), intrusion prevention systems (IPS), and advanced firewalls, to detect signs of potential attacks across the globe.

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Deep Packet Inspection and Processing Market Trends:

The global deep packet inspection and processing market is primarily driven by rising product utilization in the telecommunications and information technology (IT) sectors, where internet service providers (ISPs) leverage it to profile networked applications. Moreover, the surging adoption of DPI as it enables ISPs to offer enhanced lawful interception, targeted advertising, quality of service (QoS), copyright enforcement, policy definition, and tiered services is positively influencing the market growth. Additionally, the escalating demand for DPI due to increasing instances of cybercrimes, the rising number of wireless broadband users, and the development of data-intensive applications have catalyzed the market growth. Furthermore, the increasing use of DPI by governing agencies of various nations to strengthen censorship security and surveillance as they deal with sensitive data is contributing to market growth. Other factors, including increasing adoption of the remote working model, escalating product demand in the corporate sector to monitor users and restrict their access to certain websites, and rising network traffic, are also anticipated to propel the market growth.

Deep Packet Inspection and Processing Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Bivio Networks Inc.
  • Cisco Systems Inc.
  • Extreme Networks
  • Huawei Technologies Co. Ltd.
  • IBM Corporation
  • Juniper Networks Inc.
  • LogRhythm Inc.
  • Netscout Systems Inc.
  • Sandvine Inc.
  • Viavi Solutions.

The report has segmented the market on the basis of region, component, product, deployment mode, solution, organization size and vertical.

Breakup by Component:

  • Solutions
  • Services

Breakup by Product:

  • Standalone
  • Integrated

Breakup by Deployment Mode:

  • On-Premises
  • Cloud-Based

Breakup by Solution:

  • Hardware
  • Software

Breakup by Organization Size:

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Breakup by Vertical:

  • Banking, Financial Services and Insurance
  • Government and Defense
  • Healthcare
  • IT and Telecom
  • Retail and E-commerce
  • Manufacturing
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Key highlights of the report:

Market Performance (2017-2022)

Market Outlook (2023- 2028)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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