Network Probe Market Size, Share, Competitive Landscape, Trend Analysis and Industry Forecast, 2023-2032 | At a CAGR of 10.6%

According to a new report published by Allied Market Research, titled, "Network Probe Market," The network probe market was valued at $508.70 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 10.6% from 2022 to 2031.

A Network Probe serves as a real-time network traffic monitor and protocol analyzer, offering users an instantaneous overview of their network's traffic status. It delivers precise details on the volume and type of network traffic, aiding in the identification of potential issues and bottlenecks within computer networks. Two variants of network probes exist: software plug-ins and those separately installed on the targeted equipment.

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The two main factors thought to be fueling the growth of the network probe market are an increase in the demand for cloud services and a rise in the construction of new data center infrastructures. The expansion of SDN integrations with current business networks is another factor that is thought to assist the market growth for network probes throughout the course of the projected period. The network monitoring probes guard against bottlenecks, sluggishness, or downtime that could cut daily operations in half.

The growth of the network probe market is attributed to the rising demand for cloud services and the expansion of new data center infrastructures. Additionally, the integration of Software-Defined Networking (SDN) with existing enterprise networks contributes to the market's expansion. Network probes play a crucial role in preventing disruptions, slowdowns, or downtime that could significantly impact day-to-day operations.

These probes ensure up-to-date information by enabling users to swiftly collect and receive nearly real-time data about the network. This proactive approach allows users to promptly address any emerging network issues. Network probes continually poll devices in the background and collaborate with monitoring solutions to promptly alert users to any irregularities. Some monitoring tools provide a range of standard probes, while others enable users to create custom probes for monitoring various devices. Probes use protocols like SNMP, TCP, HTTP, or command-line to gather data by polling devices, and subsequently present this data within the network monitoring software interface.

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The market is poised to benefit from opportunities arising from the adoption of new technologies, collaborative efforts, partnerships, and the introduction of innovative products. Kemp Flowmon Probe stands out as a leading flow data exporter, generating detailed data down to the application level. It excels in analyzing performance in scenarios where data from active network devices falls short for tasks such as user experience monitoring, network troubleshooting, and threat detection. The versatility of the Flowmon Probe is evident as it can seamlessly integrate into any network, ranging from 10 Mbps to 100 Gbps, without causing disruptions to network traffic. Additionally, it offers deployment options as a virtual appliance in VMware, Hyper-V, or OpenStack KVM virtual environments, or as a cloud application in popular platforms such as AWS, Azure, and Google Cloud.

According to Network Probe market research, the network probe market for cloud-based was valued at $348.92 million in 2021 and is projected to reach $1,000 million by 2031, registering a CAGR of 11% from 2022 to 2031. U.S. and China collectively accounted for around 46% market share in 2021, with the former constituting around 32% share. India and the Rest of Asia-Pacific are expected to witness considerable CAGRs of 14% and 13%, respectively, during the forecast period. The cumulative share of these two countries was 6% in 2021 and is anticipated to reach 7% by 2031.

During the pandemic, several significant elements saw an increase, including the adoption of many sales channels by various firms, technology developments in various sectors, increased smartphone penetration internationally, increased internet users, and technological breakthroughs in various industries. The aforementioned factors contributed to propelling the network probe market. With the change to internet-related business, retailers swiftly began incorporating cutting-edge technologies like big data analytics, cloud computing, and cyber-security.

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Region-wise, North America held a significant global network probe market share, due to the region's expanding wireless connectivity penetration and growing digitalization, U.S. and Canada currently dominate the regional market for North America. The main drivers of the growth of the Network Probe market in this region are the rapid advancements in artificial and internet of things (IoT) technology. Moreover, rapid urbanization and increasing demand for continuous network probes due to the rise in network complexities and security concerns are the primary factors that drive the growth of the network probe industry in Asia-Pacific, North America, Europe, and LAMEA.

Impact of COVID-19 on the Global Network Probe Market:

The Global Network Probe Market has experienced significant impacts due to the COVID-19 pandemic. Governments worldwide have implemented strict lockdowns and mobility restrictions to curb the virus's spread, leading to a surge in remote work. This has resulted in a substantial increase in internet traffic, necessitating the use of network probe solutions to manage heightened network activity and address potential threats. As a consequence, the market is anticipated to witness growth in the post-pandemic period.

This report aims to provide a comprehensive analysis of the Global Network Probe Market for industry stakeholders. It encompasses an examination of the industry's historical and current status, along with a forecasted market size and emerging trends. The report simplifies complex data to offer insights in accessible language, covering all facets of the industry. Additionally, it includes a dedicated study of key players, encompassing market leaders, followers, and new entrants.

Global Network Probe Market Key Players

• SolarWinds
• NETSCOUT
• Broadcom
• IBM
• Cisco
• Nokia
• NEC
• AppNeta
• Catchpoint
• Accedian
• Catchpoint
• Accedian
• Paessler
• ManageEngine
• Progress
• Nagios
• Other Key Players

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