Deep Packet Inspection (DPI) Market - Global Industry Analysis, Size, Share and Forecast 2018
Albany, NY -- (SBWIRE) -- 09/20/2016 -- As per the new research study, the global market opportunity for deep packet inspection is projected to reach a value of US$3.8 bn by the end of 2018. From the geography viewpoint, Asia Pacific is projected to lead the global deep packet inspection market and account for US$1.5 bn by the end of 2018. The increasing number of subscribers and growing security threats are some of the primary factors projected to augment the growth of the market in the coming years.
Growing Need for Efficient Bandwidth Management to Bolster Internet Service Provider Segment
On the basis of end use, the internet service provider (ISP) segment is expected to lead the global deep packet inspection market and reach a value of US$1.4 bn by the end of 2018, states a TMR analyst. Deep packet inspection is primarily used in the ISP sector to ensure network security and bandwidth management. In addition, DPI helps the service providers offer tiered service plans to consumers, thus boosting the revenue of the overall market.
Among the key products, the standalone deep packet inspection segment is projected to lead the global market with a massive share of 73.5% by the end of 2018. The 'bump in the wire' functionality offered by standalone DPI is expected to encourage the growth of this segment in the coming few years.
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Increasing Mobile Phone Penetration to Drive Global Deep Packet Inspection Market
"The rising number of broadband users around the world is one of the primary factors boosting the demand for deep packet inspection in the next few years," states a TMR analyst. In addition, the rising mobile device penetration worldwide, especially in developing economies, is another factor augmenting the growth of the overall market.
The rising number of players in the market offering flexible service plans and business policies is expected to expand the product portfolio and offer potential opportunities in the near future.
Net Neutrality Issues to Restrict Growth of Global Deep Packet Inspection Market
Issues related to net neutrality and privacy are projected to dampen the growth of the global deep packet inspection market in the coming years. Moreover, the lack of awareness among the consumers regarding the advantages of deep packet inspection is estimated to curb the growth of the overall market. Nonetheless, the rising applications of new data-intensive by the service providers is expected to act as an opportunity in the near future. In addition, the new deep packet inspection standards imposed by the International Telecommunications Union (ITU) are projected to encourage the growth of the market.
This information is based on the findings of a research report published by Transparency Market Research, titled "Deep Packet Inspection (DPI) Market - Global Industry Analysis, Size, Share and Forecast 2012 - 2018."