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, 2024 - 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.
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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
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)
Network Probe, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)
Network Probe, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 0.77 billion |
Revenue forecast in 2032 |
USD 1.87 billion |
CAGR |
11.70% from 2024 - 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 - 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments Covered |
By Component, By Deployment, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key Companies |
SolarWinds, NETSCOUT, Broadcom, IBM, Cisco, Nokia, Catchpoint, Cubro, Kentik, NEC |
For Specific Research Requirements |