The Global Market for Deep Packet Inspection (DPI) is Projected to Reach US$3.4 Billion by 2024
Increasing Bandwidth
Requirements & Sophistication of Cyber-Attacks Drive Growth of Deep Packet
Inspection (DPI), According to a New Report by Global Industry Analysts,
Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market size, share and demand forecasts on the global Deep Packet Inspection
(DPI) market. The global market for Deep
Packet Inspection (DPI) is projected to reach US$3.4 billion by 2024, driven by increasing
bandwidth demand, the need to balance load and monitor networks, and growing
sophistication of cyber-attacks.
Dramatic
growth in the IP traffic volumes and bandwidth requirements in both general and
business consumer markets driven by number of Internet subscribers, rapid
proliferation of Internet-connected devices and robust penetration of
bandwidth-intensive activities are creating new challenges to modern day’s
businesses. In parallel, cyber security attacks are growing in numbers and
sophistication, pestering Internet service providers (ISPs), corporations and
governments alike. Deep Packet Inspection (DPI) is a network packet filtering
technology that aids in scanning as well as analyzing network traffic in
real-time. An advanced data packet filtering method, DPI impeccably monitors
and oversees data moving across the network employing sophisticated internet
surveillance and traffic filtering mechanisms. The capability of DPI to address
myriad Internet governance issues such as copyright protection, congestion
management, and security issues emerging from malware is resulting in growing
adoption of DPI across various end-use markets or use-cases.
Increasing
need to manage complex networking environments efficiently, prevent networks
from cyber-attacks and thefts, increasing emphasis on managing and optimizing
network performance, and the need to adhere to regulations are driving the
market for DPI. Going forward, the emergence and proliferation of Internet of
Things, Big Data, cloud computing, Virtual Network Function and Software Define
Networks are expected to drive adoption of DPI. Technological improvements also
represent a major driver of the market. Emergence of DPI building blocks and
growing number of players offering these products are expected to benefit
market in the following years, due to significant transformation in the way DPI
is deployed through these products in the form of ease and flexibility as
opposed to DPI appliances, and cost benefits they offer. Major factors
hampering growth include low awareness on nature and size of cyber-attacks and
the need for solutions to prevent them, cost factors, apprehensions over
wrongful use of DPI and government regulations in this space.
As
stated by the new market research report on Deep Packet Inspection (DPI), Asia-Pacific represents
the largest market worldwide. The region also represents the fastest growing
market with a CAGR of 16% through the analysis period, driven by growing use of
internet and a parallel increase in bandwidth requirements and demand for bandwidth
management tools. Factors driving growth of internet users in the region
include growing literacy rates, increasing disposable incomes, and high
proportion of internet savvy young people. Standalone DPI continues to lead the
market, although growth in the market is expected to be spearheaded by
Integrated DPI or Embedded DPI through the review period. Growth in the Integrated DPI market is driven by its
rising popularity due to inherent capabilities such as simplification of the
network operations, more control over network resources for operator,
convenience in scaling services, and elimination of the need for other network
functions.
Major
players in the market include Allot Communications Ltd., Bivio Networks Inc.,
Broadcom Ltd., Cisco Systems Inc., cPacket Networks Inc., Huawei Technologies
Co. Ltd., Procera Networks, Qosmos, R&S Cybersecurity ipoque GmbH, Sandvine
Incorporated ULC, SolarWinds Worldwide LLC, SonicWALL L.L.C. and Vedicis, among
others.
The
research report titled “Deep Packet Inspection (DPI):
A Global Strategic Business Report” announced by Global Industry Analysts Inc.,
provides a comprehensive review
of market trends, issues, drivers, mergers, acquisitions and other strategic
industry activities of global companies. The report provides market estimates
and projections for Deep Packet Inspection (DPI) in value terms for all major
geographic markets such as United States, Canada, Japan, Europe (France,
Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India,
and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and
Rest of World. Product Types analyzed include Integrated DPI and Standalone DPI.
Global
Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights
Reserved.
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