Deep Packet Inspection Market Highlights:
The global deep inspection market is predicted to grow to USD 19 billion by 2023 and grow at a CAGR of 22% during 2017 to 2023. Market Research Future discloses these figures after the recent publication of its market report on the subject.
Deep packet inspection (DPI) is a solution that is gaining traction in the market mainly due to the increased need for improved network security.
DPI thoroughly examines the contents of packets that are passing through a particular checkpoint and then makes real-time decisions regarding the same based on rules set by an enterprise, ISP or network manager according to the situation and implementation of the DPI.
Increasing smartphone penetration, rapid adoption of high-speed internet services, rising data generation, and the huge demand for data security options are projected to drive robust market growth during the forecast period. Other positively impacting the growth of this market include the importance of embedded and integrated DPI, usage of traffic filtering, and the optimization of internet surface have significantly changed the way network security is perceived thus creating a need for DPI as it goes above and beyond traditional firewall capabilities.
Advancing technology and high adoption of the high-speed internet have changed the way security is required to maintain the integrity of information and privacy across various enterprises. Additionally, Deep Packet Inspection (DPI) Market solutions are used by the BFSI sector to protect confidential data.
Lack of awareness regarding DPI and network neutrality are expected to pose challenges for this market. However, with the ongoing updates of DPI solutions, the growing awareness and unrealized potential of this market are likely to address these challenges in the coming years.
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Major Key Players:
Analysis of the competitive landscape in the report includes prominent players such as Cisco Systems, Inc., IBM, Palo Alto Networks Inc., HPE, Extreme Networks Inc., Allot Communications, SolarWinds Inc., Symantec Corporation, Check Point Software Technologies Ltd., Huawei Technologies Co. Ltd., Sandvine Icorporated, and CA Technologies.
Market Segmentation:
- The global deep packet inspection market has been segmented by application, service, organization size, end-user and region. Segmental analysis allows for a deeply comprehensive understanding of the components that make up the total market and assists in accurate identification of market trends.
- By application, the market has been segmented into intrusion detection system (IDS), intrusion prevention system (IPS), network performance management, data loss/leak prevention, and management.
- By service, the market has been segmented into training, consulting, support & maintenance, and integration.
- By end-user, the market has been segmented into telecommunication & IT, banking & financial services, insurance (BFSI), government & defense, healthcare, retail, and others.
- By region, the market has been segmented into, North America, Europe, the Asia-Pacific, and the Rest of the World.
Regional Analysis:
North America dominates with the largest share of the global market, followed by Europe. These regions are swift with the adoption of new technology and enjoy the strong presence of several significant market leaders.
Meanwhile, emerging economies of the Asia-Pacific are contributing to regions fast-paced growth over the forecast period. This is due to the region’s massive consumer base, supportive government regulations, and a rise in cloud and mobile computing. This is a region to watch in the coming years and is likely to witness explosive growth in the next few years.
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Latest Industry News:
Eaton has just updated its Tofino Industrial Ethernet security solution. New updates include fiber optics interfaces, improved configurable software and DPI firewall capabilities.
The power mangement company added deep packet inspection upgrades because traditional firewalls are not meant for control systems or industrial threats and DPI firewall capabilities offer the potential to greatly reduce risk.
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