The Deep Packet Inspection and Processing Market is expected to reach USD 93.4 billion by 2027, growing at a CAGR of 13.9%, over the forecast period (2020-2027).More Info, Click to Access Complete Report – https://www.gmiresearch.com/report/deep-packet-inspection-and-processing-market/The factors driving growth of the Deep Packet Inspection and Processing Market includes increasing incidences of cyberattacks around the world, growing demand for modern network solutions, rising focus of companies on meeting the compliance requirements, and improvements in the living standards. Deep packet inspection and processing solutions enables the network operators to precisely identify the origin and content of data packet, provides information about user traffic and application usage, are some of the features pushing the Deep Packet Inspection and Processing Market Growth. Moreover, integration of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Machine Learning (ML), emerging emphasis on reducing operational costs and rapid urbanization, are some of the additional factors supplementing the Deep Packet Inspection and Processing Market Size. In addition, the increasing investments by major companies on research and development, strategic partnerships and collaborations between enterprises and growing population growth rates, are further contributing towards the market growth.However, growth of the Deep Packet Inspection and Processing Market is hindered due to insufficient availability of skilled workforce.The major players operating in the market are Cubro Network Visibility, NETSCOUT, Viavi Solutions Inc., Cisco Systems, Inc., IBM Corporation, Juniper Networks, Inc., Qosmos, Extreme Networks, SolarWinds Inc., and LogRhythm, Inc. among others.Based on Installation Type, the Integrated segment is predicted to grow at a significant CAGR during the forecast periodCompanies are using integrated deep packet inspection and processing solutions to manage their IT ecosystem, reducing interfaces between systems, and streamlining visibility and agility, are some of the factors pushing the segment’s growth.Based on Deployment Mode, the Cloud segment is projected to grow at a robust CAGR over the forecast periodCloud based services enhances the control over infrastructure and servers and can be easily accessed, are propelling growth of the segment.Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast periodPresence of the leading players such as Juniper Networks, Inc., Cisco Systems, Inc., and IBM Corporation, growing adoption of advanced technologies by major companies, rapid urbanization, increasing population growth rates, are some of the important factors augmenting the market growth in North American region.Key DevelopmentsIn 2019, Extreme Networks, completed the acquisition of Aerohive Networks, a developer of cloud-managed networking. Through this acquisition, the company planned to enlarge its offering of cloud and on-premises wired and wireless technology to the partners and customers.In 2019, Cisco Systems, Inc., successfully acquired Singularity Networks, a network infrastructure analytics company. Through this acquisition, the company aimed to integrate the analytics capabilities of Singularity Networks to its portfolio of Crosswork Network Automation and to help to offer timely, reliable, and actionable information related to the situation of the network 24/7 for offering premium networked experiences.Market SegmentationSegmentation by ComponentServicesSolutionsHardwareSoftwareSegmentation by Installation TypeIntegratedStandaloneSegmentation by Deployment ModeCloudOn-PremisesSegmentation by Organization SizeSmall & Medium-Sized EnterprisesLarge EnterprisesSegmentation by VerticalGovernment & DefenseIT & TelecomBFSIHealthcareManufacturingRetail & EcommerceOthersSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email:
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