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Network Probe Market Research Report—Global Forecast till 2027

Network Probe Market Research Report: Information by Component (Solution and Services (Consulting, Integration and Deployment, and Training and Support)), Organization Size (SMEs and Large Enterprises), Deployment Mode (On-Premises and Cloud), End Users (Service Providers and Enterprises (BFSI, IT and ITeS, Government, and Others)), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2027

ID: MRFR/ICT/9239-HCR | December 2022 | Region: Global | 141 Pages         

Network Probe Market

The network probe market is expected to account for a valuation of USD 455.97 Million registering a CAGR of 13.8% during the forecast period from 2021 to 2027.

Segmentation

By Component Solution and Services (Consulting Integration and Deployment and Training and Support)
By Organization Size SMEs and Large Enterprises
By Deployment Mode On-Premises and Cloud
By End Users Service Providers and Enterprises

Key Players

  • Paessler AG (Germany)
  • ManageEngine (US)
  • Progress Software Corporation (US)
  • Nagios Enterprises
  • LLC (US)
  • Dynatrace LLC. (US)
  • HelpSystems (US)
  • Riverbed Technology (US)
  • ExtraHop Networks (US)
  • Micro Focus (UK)
  • Cubro Network Visibility (Austria)
  • Plixer
  • LLC (US)
  • Kentik (US)
  • ObjectPlanet
  • Inc. (Norway)
  • Flowmon Networks a.s. (Czech Republic)
  • and Enea Qosmos (France).

Drivers

  • Growing adoption of cloud and IoT
  • Increasing demand for continuous network probe due to the rise in network complexities and security concerns.
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Network Probe Market Overview:


The overall network probe market is expected to account for a valuation of USD 455.97 Million in 2020, registering a CAGR of ~13.8% during the forecast period. The base year considered for the study is 2020, and the market size forecast is given for the period from 2021 to 2027.


A network probe is an ideal network monitor and protocol analyzer, allowing users to monitor network traffic in real-time and identify the source of any network slowdowns in seconds. It will indicate which protocols are active on the network, which hosts are sending and receiving data, where the traffic originates, and when all of this exists. Network Probe provides a quick summary of the network's most active protocols, communicators, receivers, hosts, and conversations. A probe is an action, or an object, used in telecommunications to gain information about the state of the network. For instance, an empty message can be sent to see if the destination exists. Ping is a standard utility for sending such a probe. A probe is a program or other device implanted at a critical junction in a network to monitor or gather data about network activities. It is an attempt to obtain access to a computer and its data through a known or likely weak point in the computer system, as it is related to computer security in a network.


COVID-19 Analysis


Global trade has been flipped upside down as a result of COVID-19. The COVID-19 pandemic has unavoidably resulted in an increase in the usage of digital technologies owing to social distancing conventions and statewide lockdowns. People and organizations worldwide have had to adapt to new ways of doing business and dwelling. As technology advances, more businesses and educational institutions are embracing work-from-home options (WFH). As a result, network administrators rely on network monitoring tools to help quickly recognize device or connection failures and issues such as traffic bottlenecks that limit data flow to remotely monitor the devices on a network. These systems can send email or SMS alerts to administrators in the event of an incident and offer reports via network analytics.


Market Dynamics


The major factors driving the growth of the network probe market are the growing adoption of cloud and IoT and the increasing demand for continuous network probes due to the rise in network complexities and security concerns. However, the lack of technical granularity is expected to hinder market growth to a certain extent. Nevertheless, growth in the demand for network monitoring tools among SMEs is expected to present lucrative growth opportunities for the market players.


Drivers



  • Growing Adoption of Cloud and IoT


The modern digital world is immersed in the Internet of Things-powered technologies. Smart devices and sensors can collect and translate data into business insights faster, cheaper, and more accurately than before. Many firms have understood the tremendous value of leveraging IoT technologies to drive business decisions, and many key business processes typically include some element of IoT technology. Enterprises using IoT at scale will need to develop a strategic plan to address the cyber risks connected with the technology while also remaining compliant with ever-increasing regulatory requirements. Some of the top security challenges in IoT can be effectively managed with the broad coverage of security capabilities, such as device operating system patching, improper encryption mechanisms, device default factory settings, device shadow, device event logging, and distributed denial of service attacks, among many others. The cloud network probe service is used to monitor the quality of VPC network connections, such as latency, packet loss rate, and other essential metrics. The cloud probe can capture all network traffic based on the constraints set by the network administrator. If the network administrator activates the promiscuous mode, the cloud probe records all network traffic. If promiscuous mode is deactivated, the cloud probe only records traffic entering and exiting the system on which it is hosted. The increased deployment of IoT devices will make them targets for attacks.


Restraints



  • Lack of Technical Granularity


Traffic volumes are exploding in data centers due to the rising efficiency and density of highly virtualized cloud computing infrastructures. A single application or storage server can now create bi-directional flow rates in over tens of billions of packets per day, with an aggregate daily traffic in many cloud data centers quantifiable in petabytes and beyond, owing to connections at speeds of 10Gbps, 25Gbps, and 50Gbps. Multi-path 100Gbps ethernet spine and leaf topologies are becoming the norm to handle these loads. Traditional techniques of recording and evaluating traffic flows demand a drastic change in density and performance for data aggregation and visibility because of the massive volumes of traffic. Moreover, network probes are not designed to provide a high level of visibility and control. The network probing tools are unable to access certain dark areas in the network. There would be a waste of time and revenues if there were any network issues. Organizations can use granularity-level deep extreme analysis to detect problems and high-risk communication in real-time.


Value Chain Analysis


The global network probe market has witnessed significant growth in the past decade due to technological changes and is expected to grow at a steady rate in the next few years. The value chain analysis of the network probe market comprises four major levels: hardware/software providers, cloud vendors/service providers, system integrators, and end users.


Market Segmentation


The global network probe market has been segmented based on component, organization size,  deployment mode, end users, and region.


Based on the component, the network probe market has been segmented into solution and services. The service segment covers consulting, integration and deployment, training, and support.


Based on organization size, the network probe market has been segmented into small and medium-sized enterprises (SMEs) and large enterprises.


Based on the deployment mode, the network probe market has been segmented into cloud and on-premises.


Based on the end users, the network probe market has been segmented into service providers and enterprises. The enterprises segment is further classified into BFSI, IT and ITeS, government, and others.


The regions included in the study are North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Global Network Probe Market, 2018–2027 (USD Billion)
Global Network Probe Market 2018-2027
Source: MRFR Analysis

Regional Analysis


Geographically, the network probe market has been categorized into North America, Europe, the Asia-Pacific, the Middle East & Africa, and South America. North America is likely to be the dominant regional market due to the quick adoption of advanced technologies in developed countries—the US, Canada, and Mexico. This is mainly because the region is one of the most technologically advanced regions with the presence of a large number of market players such as SolarWinds Worldwide, LLC (US), NETSCOUT (US), Broadcom (US), IBM Corporation (US), and Cisco (US). Asia-Pacific is expected to register the highest CAGR during the forecast period due to the growing utilization of advanced technologies. The growth of the regional market is expected to be driven by the rising adoption of modern technologies and the increasing number of SMEs. The increased adoption of advanced technologies, focus on innovations obtained from R&D and technology, a growing number of IT organizations, and ongoing R&D projects are expected to boost the network probe market in Asia-Pacific during the forecast period.


Competitive Landscape


The global market for network probe has witnessed significant growth over the forecast period due to the growing network stress due to the exponential rise in IP traffic and complex IT infrastructure. There are several domestic, regional, and global players operating in the network probe market who continuously strive to gain a significant share of the overall market. The key market participants are investing in research & development activities to drive organic growth and increase their market shares. In addition, these players are engaging in new touchpoint type development to expand and strengthen their existing touchpoint type portfolios and acquire new consumers


Key Players



  • SolarWinds Worldwide, LLC

  • NETSCOUT

  • Broadcom

  • IBM Corporation

  • Cisco


The global network probe market is characterized by the presence of several regional and local providers. Some of the key players in the market are SolarWinds Worldwide, LLC (US), NETSCOUT (US), Broadcom (US), IBM Corporation (US), Cisco (US), Nokia (Finland), NEC Corporation (Japan), AppNeta (US), Catchpoint (US), Accedian (Canada), Paessler AG (Germany), ManageEngine (US), Progress Software Corporation (US), Nagios Enterprises, LLC (US), Dynatrace LLC. (US), HelpSystems (US), Riverbed Technology (US), ExtraHop Networks (US), Micro Focus (UK), Cubro Network Visibility (Austria), Plixer, LLC (US), Kentik (US), ObjectPlanet, Inc. (Norway), Flowmon Networks a.s. (Czech Republic), and Enea Qosmos (France).


Recent Developments



  • In December 2020, IBM partnered with Amazon Web Services (AWS) on security for the hybrid cloud. This partnership aims to make security visibility easier and more comprehensive across AWS and hybrid cloud systems. Integration with AWS security services, quick start implementation for major IBM Security technologies, professional consultation, and managed security services support are among its key projects.

  • In December 2020, NETSCOUT SYSTEMS, INC., a leading provider of service assurance, security, and business analytics, partnered with Vodafone. The exclusive, multi-year agreement leverages its InfiniStreamNG platform to help provide real-time, end-to-end visibility across Vodafone’s hybrid environment. InfiniStreamNG platform helps intelligently and efficiently analyze packet and flow data for seamless view and control of our services, networks, and applications across 13 countries

  • In February 2020, Accedian, a leader in performance analytics and end user experience solutions, partnered with NEC Corporation, a leader in the integration of IT and network technologies, to provide organizations advanced performance monitoring and analytics solutions and services centered around gaining complete visibility across physical, cloud, and hybrid networks.

  • In January 2021, Nokia enhanced Tele2’s network reliability and improved infrastructure efficiency and speed. Nokia core offers near zero-touch automation capabilities that boost the scale and reliability, allowing Tele2 to cost-effectively lay the foundation for 5G and enable faster time to market with new services. Nokia will deploy its Cloud Packet Core products to support 4G and 5G core network functions and enhance network scale, performance, and reliability.

  • In October 2019, Catchpoint, a leader in next-generation Digital Experience Monitoring (DEM), introduced new Network Insights, an out-of-the-box network visibility solution that addresses a significant visibility gap for IT teams responsible for delivering high-performing digital services to customers and employees. This proactive network monitoring solution enables enterprises to eliminate blind spots, which is created by the unstoppable migration of apps and services to the cloud and increasing the use of the Internet to deliver services to customers and employees.


Report Overview


This study estimates revenue growth at global, regional, and country levels and offers an overview of the latest developments in each of the sub-sectors from 2018 to 2027. For this analysis, MRFR segmented the global network probe market has been segmented based on components, organization size,  deployment mode, vertical, and region.


Based on Component:


  • Solution

  • Services

    • Consulting

    • Integration and Deployment

    • Training and Support




Based on Organization Size:


  • SMEs

  • Large Enterprises


Based on Deployment Mode:


  • On-Premises

  • Cloud


Based on End Users:


  • Service Providers

  • Enterprises

    • BFSI

    • IT and ITeS

    • Government

    • Others




Based on Region


  • North America

  • Europe

  • Asia-Pacific

  • Middle East & Africa

  • South America



Report Scope:

Report Attribute/Metric Details
  Market Size   2020- USD: 455.97 Million
  CAGR   13.8%
  Base Year   2020
  Forecast Period   2021-2027
  Historical Data   2019
  Forecast Units   Value (Million)
  Report Coverage   
  Segments Covered   • By Component (Solution and Services (Consulting, Integration and Deployment, and Training and Support)) • By Organization Size (SMEs and Large Enterprises) • By Deployment Mode (On-Premises and Cloud) • By End Users (Service Providers and Enterprises (BFSI, IT and ITeS, Government, and Others))
  Geographies Covered   • North America (US, Canada, and Mexico) • Europe (UK, Germany, France, and Rest of Europe) • Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific) • Middle East & Africa • South America
  Key Vendors   • SolarWinds • NETSCOUT • Broadcom • IBM • Cisco • Nokia • NEC • AppNeta • Catchpoint • Accedian • Paessler • ManageEngine • Progress • Nagios • Dynatrace • HelpSystems • Riverbed • ExtraHop • Micro Focus • Cubro • Plixer • Kentik • ObjectPlanet • Flowmon • Qosmos
  Key Market Opportunities   
  Key Market Drivers   • Drivers • Growing adoption of cloud and IoT • Increasing demand for continuous network probe due to the rise in network complexities and security concerns • Restraint • Lack of technical granularity • Opportunity • Growth in the demand for network monitoring tools among SMEs • Impact of COVID-19 • Impact on the IT industry • Impact on IT expenditure by organizations • Impact on overall market y-o-y from 2020 to 2027


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Frequently Asked Questions (FAQ) :

~ 13.8% CAGR is expected to transform the market.

The Asia-Pacific regional market is projected to be the major driver of the market.

The segments in the market are components, organization size, deployment mode, and vertical.

The major contenders in the market are SolarWinds, NETSCOUT, Broadcom, IBM, Cisco.