Market Research Future (MRFR) predicts the global DPI Market to grow at a CAGR of approximately 5.5% from 2020 to 2030 (forecast period).
Increasing Mobile Device Penetration
Rising mobile device usage as well as ongoing demand for internet service providers to provide upgraded services, are expected to fuel deep packet inspection (DPI) market growth. This technology protects against terrorism, assures data security, and prioritizes traffic. It can also be used for eavesdropping and data mining, among other things.
High Adoption of High-Speed Broadband Services
One of the primary growth drivers is the increase in broadband and wireless users around the world. Wireless broadband improves efficiency in a variety of applications. Capital investments in high-speed networks that leverage IP technology are being driven by new forces on consumer experience and a changing corporate environment. Wireless data traffic in developed countries has skyrocketed during the last decade.
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High Demand for Data Security Measures
Deep packet inspection technology offers data security. This DPI feature is likely to boost the size of the deep packet inspection market. Deep packet inspection can function as both an intrusion detection system and an intrusion prevention system. It is capable of detecting certain attacks that firewall, intrusion prevention, and intrusion detection systems are unable to detect.
Lack of Awareness of DPI
A lack of awareness, as well as network neutrality and privacy concerns, are expected to pose a challenge to the DPI market. Furthermore, consumer anxiety about third-party entities misusing private data can function as a barrier to industry expansion.
Deep Packet Inspection Market to Benefit from COVID-19 Pandemic
The COVID-19 outbreak has placed a significant strain on Communication Service Providers (CSPs) due to an increase in work-from-home employees. Moreover, video streaming services are seeing an increase in popularity as more people use them. This is when deep packet inspection comes in handy. As a result, the deep packet inspection market may experience positive growth.
By application, the global deep packet inspection market has been segmented into intrusion detection systems (IDS), intrusion prevention systems (IPS), network performance management, data loss/leak prevention and management.
By service, the global deep packet inspection market has been segmented into training, consulting, support and maintenance and integration.
By organization size, the global deep packet inspection market has been segmented into small and medium enterprises and large enterprises.
By end-user, the global deep packet inspection market has been segmented into telecommunication and IT Banking & Financial Services, and Insurance (BFSI), Government and Defense, Healthcare, Retail and others.
North America to Gain the Highest Market Share
The North American region is predicted to have the greatest market share globally, followed by Europe and the Asia Pacific. Due to the early adoption of technology and the existence of significant firms, the United States and Canada dominate the North American market.
APAC to Experience the Fastest Growth Rate
The Asia Pacific has emerged as the fastest expanding market, with factors such as increasing population, major outsourcing service providers, favorable government laws, and an increase in mobile computing propelling the market in the region.
Some of the prominent players in the global deep packet inspection market: Cisco Systems, Inc. (U.S.), IBM (U.S.), HPE (U.S.), Palo Alto Networks, Inc. (U.S.), Check Point Software Technologies Ltd. (Isreal), Extreme Networks, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Sandvine Incorporated (Canada), CA Technologies (U.S.), Allot Communications (Israel), SolarWinds Inc. (U.S.), Symantec Corporation (U.S.)
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