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Deep Packet Inspection and Processing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Deep Packet Inspection and Processing Market to Increase at Steady Growth Rate by 2016-2024

 

Sarasota, FL -- (SBWIRE) -- 03/23/2017 -- Zion Market Research, the market research group announced the analysis report titled 'Deep Packet Inspection and Processing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'

Deep Packet Inspection and Processing Market: Overview

In the recent years, there has been an increase in the demand for the security equipment in order to scan the data against the harmful contents. The data processing technique wherein the contents of the data that is being sent are scanned properly and is accordingly re-routed is known as deep packet inspection and processing. The applications of the deep packet inspection include to validate error free and proper operations of the network, to identify the anomalies, network data mining, and routing and service level agreements.

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Deep Packet Inspection and Processing Market: Segmentation

The deep packet inspection and processing market are globally segmented into its application, service, organization size, verticals, and end users. On the basis of application, the global market is segregated into data loss/leak prevention and management, intrusion prevention system (IPS), network performance management, and intrusion detection system (IDS). Based on the service, the market is categorized into integration, consulting, support and maintenance, and training. Depending on the organization size, the global market is classified as large enterprise and small and medium businesses. On the basis of the industry vertical, the market is divided into banking, financial services, and insurance (BFSI), healthcare, critical infrastructure & industrial control systems/SCADA, telecom and IT, government and defense, retail, oil & gas, and education. Based on the end user the market is bifurcated into telecom service providers, cloud service providers, and others.

Deep Packet Inspection and Processing Market: Growth Factors

The key factor that is driving the market growth is the increasing demand for improved internet security. There has been a rise in the threats found on the internet, thus internet security has become a major concern especially in the organizations where sensitive data is kept. Owing to this factor the demand for the deep packet inspection and processing market is growing. The demand for reducing the capital expenses and improving the network performance is further triggering the demand for the deep packet inspection and processing market. The recent developments in IoT for the digital systems and the increase in the use of smartphones and laptops have given new opportunities for the deep packet inspection and processing market. There are certain factors that are restraining the market growth which includes the high price of the hardware which is required by the system and lack of awareness about the system among the end users are affecting the growth of the market.

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Deep Packet Inspection and Processing Market: Regional Analysis

Region-wise, the global deep packet inspection, and processing market is diversified into North America, Asia-Pacific, Europe, and Rest of the World. The region that holds the largest market share in the global market is the North America. It is due to the factor that there has been a high adoption rate of the deep packet inspection and processing in the organizations. The strict government reforms in order to ensure the security of the online data has increased the demand of the market in the Asia Pacific region.

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Deep Packet Inspection and Processing Market: Competitive Players

The major market players in the deep packet inspection and processing market include Cisco Systems, Hewlett-Packard Enterprise Development LP, Symantec Corporation, Blue Coat Systems, Inc., Bivio Networks, Inc., Intel Corporation, IBM Corporation, Palo Alto Networks, Inc., Extreme Networks, Inc., and SolarWinds Worldwide, LLC.

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