Report Highlights
Global Deep Packet Inspection and Processing Market Analysis
According to Verified Market Research, The Global Deep Packet Inspection and Processing Market was valued at USD 13.57 billion in 2019 and is projected to reach USD 59.72 billion by 2027, growing at a CAGR of 21.96% from 2020 to 2027.
Deep Packet Inspection and Processing Market Overview
The Deep Packet Inspection and Processing Market are segmented on the basis of End User, which is further segmented into Telecom Service Providers and Cloud Service Providers. One of the most influential factors that have positively affected the Deep Packet Inspection and Processing Market is the increasing need for a modern network performance as well as the need to meet the heightening compliance requirements. Factors such as the lack of awareness concerning the risks that are associated with cyber-attacks are restraining the growth of the market. The overall advancements in communication technology coupled with the increase in the network traffic from developing economies pose as opportunities for the growth of the market.
Some of the major players involved in the Global Deep Packet Inspection and Processing Market are Lookingglass Cyber Solutions, Inc., Logrhythm, Inc., Allot Communications Ltd., Huawei Investment & Holding Co., Ltd., and Procera Networks. The other major players in the market are Cpacket Networks, Inc., Ipoque GmbH, Qosmos S.A., Sandvine Incorporated ULC and Bivio Networks, Inc.
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