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Network Packet Broker Market Share

Report ID: GMI2930
Published Date: Mar 2022
Report Format: PDF

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Network Packet Broker Market Share

Some of the key companies operating in the market include:

APCON Inc
Arista Networks Inc
Broadcom Inc
CGS Tower Networks Ltd
Cisco Systems Inc
cPacket Networks Inc
Cubro Network Visibility
Datacom Systems Inc
Extreme Networks Inc
Garland Technology LLC
Gigamon Inc
Keysight Technologies
Microtel Innovation S.r.l
NetScout Systems Inc
Network Critical
Niagara Networks
Profitap HQ B.V
VIAVI Solutions, Inc

The leaders are emphasizing on the development of innovative network packet broker solutions for various industry applications. For instance, in October 2021, Keysight Technologies, Inc., introduced a new series of Industrial Visibility solutions that included the network packet broker Vision T1000 Packet Aggregator that enables electric utilities to meet demand for North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) monitoring requirements. This initiative helped the company to enhance its technological capabilities.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global market size of network packet broker crossed USD 600 million in 2021 and is predicted to observe more than 5% CAGR during the forecast period of 2022-2028.

In Canada, the 1 GBPS and 10 GBPS bandwidth segment captured a 50% of the market share in 2021 due to the high demand for low bandwidth networking devices among government organizations and SMEs.

In the U.K., SMEs is anticipated to record 5% CAGR through 2028 as SaaS-based solutions are gaining traction among small-scale businesses.

North America market is expected to reach USD 300 million by 2028 as the region is witnessing large-scale penetration of wireless networking devices and the growing use of a cloud-based network infrastructure.

Prominent industry players are Arista Networks, Inc., APCON, Inc, Cisco Systems, Inc., CGS Tower Networks Ltd., Broadcom Inc., Cubro Network Visibility, and Datacom Systems Inc., among others.