Network Packet Broker Market, Applications and Market- Industry Analysis, Size, Share, Growth and Forecast 2029

Network Packet Broker Market was valued at USD 749.79 million in 2021 and is expected to reach USD 1450.71 billion by 2029, registering a CAGR of 8.60% during the forecast period of 2022-2029.

Industry Analysis

Network packet broker is being utilized for various applications, such as intelligence and filtering, data masking, and SSL decryption, among others. These devices are being used in sectors such as service providers, enterprises, government organization, and various other industrial verticals.

Cloud is expected to witness high growth in the network set-up segment owing to the rise in data generation across industries. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Network packet broker, also teemed as NPB, is a type of device that offers a collection of monitoring tools and is located between tools and device infrastructure. It helps to re-strengthen network security by providing monitoring, security and acceleration on tools for their applications and eradicating repetitive data and protecting monitoring tools from being congested.

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