Network Probe Market Outlook (2022 to 2032)

The network probe market is anticipated to have a steady CAGR of 12.5% during the period 2022 to 2032.

The demand for network probes is predicted to grow from USD 571.6 Million in 2022 to USD 1.9 Billion in 2032. Previously, the network probe market was thriving at a higher CAGR of 14% (2016 to 2021), resulting in a market size of USD 509 Million in 2021.

The increased security concerns and network complexity can be related to the network probe market's rise. Simultaneously, the necessity to manage network downtime issues and stress caused by the exponential increase in IP traffic is fuelling the expanding network probe market adoption. A growing number of businesses are embracing the latest cloud-based technologies, necessitating the use of well-established network frameworks. This is transforming the network probe market outlook.

Attributes Details
Network Probe Market CAGR (2022 to 2032) 12.5%
Network Probe Market Size (2022) USD 571.6 Million
Network Probe Market Size (2032) USD 1.9 Billion

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What is Propelling the Network Probe Market?

As per the network probe market analysis, device interconnection and virtualization technology have grown rapidly as a result of the increased usage of modern technologies. As a result, the rate of cyber and unauthorized access has skyrocketed, prompting the creation of a comprehensive network efficiency and security evaluation system.

Companies are starting to deploy network probes to comprehend their network design. Network probe solutions safeguard both wired and wireless networks, as well as the core system, reducing the danger of cyberattacks. The demand for network probes is on a steady rise owing to the changing global requirements.

What Restrains the Network Probe Market?

Despite a global rise in the demand for network probes, there are still a few restrictions that continue to hamper the growth of the network probe market share. Network probes aren't designed to provide a high level of visibility and control. The network probing tools are unable to access certain blind areas in the network. If there were any network challenges, it would be a costly process.

The network probe market's growth is projected to be hampered by high initial investment and a lack of awareness. The market is constrained because small and medium-sized organizations have smaller resources and cannot finance substantial capital outlay in outsourced network probing technologies. The adoption of network probes is still limited due to this factor.

The network probe market size's growth is also projected to be hampered by a lack of understanding about the benefits of network probing tools among small and medium businesses. This lack of awareness about the network probe market needs to be dealt with to increase the growth of the industry.

Sudip Saha
Sudip Saha

Principal Consultant

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What are the Trends in the Network Probe Market?

Major driving factors of the rising demand for network probes include the introduction of analytics and cloud technology, as well as the rising demand for proactive monitoring solutions. With the growing requirement for cybersecurity management, the network probe market is expected to grow significantly in the future. Improved cloud computing capabilities and an increase in the number of cloud-based infrastructures throughout the world are driving up network probe market share.

The expanding adoption of cloud and IoT, as well as growing network complexities and security issues, support the need for the adoption of network probes. On the other hand, a lack of technical expertise stifles the network probe market expansion. Nonetheless, the growing demand for network monitoring tools among SMEs is expected to support market growth, providing lucrative growth opportunities for network probe market participants.

The Internet is used by all major industries for day-to-day business activities, which has a favourable impact on the network probe market size. Furthermore, the increasing adoption of network probe capabilities in emerging enterprises is accelerating the network probe market share.

Which is the Leading Segment in the Network Probe Market by Deployment?

In 2020, the on-premise segment led the network probe market, accounting for more than 61.0 percent of worldwide revenue. When opposed to cloud-based solutions, on-premise network monitoring gives you more control over your network. This sort of deployment is preferred by IT experts because it allows them to customize solutions to match their specific needs.

One of the primary drivers driving the adoption of network probes is the benefits provided by this deployment, such as performance reliability to service providers.

Over the projected period, the cloud segment of the network probe market is expected to increase at the fastest rate. The increased adoption of cloud-based software by enterprises to avoid the burden and expense of administering a system can be contributed to the segment's growth. Cloud-based software's smooth integration capability is contributing to its rising demand.

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Which is the Leading Segment in the Network Probe Market by Enterprise Size?

In 2020, the large companies segment led the network probe market, accounting for more than 53.0 percent of global revenue. Large organizations working in situations like geographically dispersed locations, cloud as a service architecture, and others are vulnerable to threats like cyber-attacks, necessitating the use of network monitoring software.

The growing investments made by large corporations to address cyber-attack worries are adding to the network probe market segment's growth.

Over the projected period, the small and medium enterprise segment is expected to increase the most. To stay competitive in the market, many small and medium enterprises are adopting the bring your own device and Internet of Things trends.

There is a growing demand for IT infrastructure to accommodate enterprises' increasing network traffic. As a result, the network probe market size is rising due to increased network traffic in small business activities.

Which is the Leading Region in the Network Probe Market?

The greatest market for network probe technology is in North America. The network probe market's growth is fuelled by the existence of important industry players such as SolarWinds, NETSCOUT, and Broadcom, as well as significant technological advancements.

In addition, the region's network probe market size is boosted by increasing demand and early acceptance of cloud-based platforms, as well as well-established IT and telecom industries.

The regional demand for network probes is bolstered by the expanding use of innovative solutions and the growing number of SMEs in the region. The market is rising due to a growing focus on innovation, significant Research and Development investments, and an increase in the number of IT firms in the region.

The emerging trends in the network probe market are influenced by the increased need for technology and services for web applications, mobile applications, API monitoring, and SaaS application monitoring.

The APAC network probe market is expected to grow rapidly in the next few years. APAC is one of the world's fastest-growing regions. With the ongoing advancement of technology, the volume of data flow within corporate networks is steadily increasing.

As a result, the number of cyber-attacks such as malware, virus, and denial-of-service (DoS) on enterprise networks has increased, driving up demand for network probing solutions among businesses in the area, particularly in fast-growing countries like China, Japan, and India.

Regions CAGR (2022 to 2032)
United States USD 597.8 Million
United Kingdom USD 82.3 Million
China USD 132.4 Million
Japan USD 110.8 Million
South Korea USD 69.9 Million

How Competition Influences the Network Probe Market?

This network probe market appears to be extremely competitive and fragmented, with a competitive landscape formed by multiple mature firms. Mergers and acquisitions, collaborations, expansion, and product/technology development are all examples of strategic tactics taken by these players. They invest much in product development and growing their global footprints.

Some of the recent developments in the network probe market are:

SolarWinds and DNSFilter announced a collaboration in April 2021 to help MSPs defend their customers from internet security risks using advanced DNS technology. DNSFilter's cloud-based security solution would be integrated with N-Central to deliver threat protection and content filtering to MSPs.

Broadcom and Google established a partnership in April 2021 to accelerate innovation and increase cloud services integration. Broadcom will be able to provide its suites on the Google Cloud Platform as a result of the partnership.

Nokia teamed with Tele2 in January 2021 to speed its digitalization using a distributed cloud core. Nokia will deliver the NetAct Network Management System as part of the agreement to help protect, automate, and scale network management operations.

Key players

  • SolarWinds
  • NETSCOUT
  • Broadcom
  • IBM
  • Cisco
  • Nokia
  • Catchpoint
  • Cubro
  • Kentik
  • NEC

Key Segments

By Component:

  • Solution
  • Services
    • Consulting
    • Integration and deployment
    • Training and support

By Organization Size:

  • SMEs
  • Large Enterprises

By Deployment Mode:

  • On-premises
  • Cloud

By End Users:

  • Service Providers
  • Enterprises
    • BFSI
    • IT and ITeS
    • Government
    • Others

By Region:

  • North America

    • USA
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • Rest of APAC
  • Middle East and Africa (MEA)
    • Middle East
    • Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Frequently Asked Questions

What is the CAGR of the Network Probe Market?

The network probe market is projected to have a CAGR of 12.5% during the forecast period.

Which is the Leading Region in the Network Probe Market?

North America is the leading region, with an anticipated CAGR of 11.9% through 2032.

Which Segment Leads in the Network Probe Market by Deployment Type?

Cloud segment leads the market with the projected CAGR of 10.9% through 2032.

What is the Growth Estimated for the Network Probe Market by 2032?

The network probe market is predicted to grow USD 1.9 Million by 2032.

Which Segment Leads in the Network Probe Market by Component?

Solution component leads the network probe market with the projected CAGR of 11.6% through 2032.

Table of Content
	1. Executive Summary
	2. Market Overview
	3. Market Risks and Trends Assessment
	4. Market Background
	5. Key Success Factors
	6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
	7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
	8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Organization Size
		8.1. Large Enterprises
		8.2. SMEs
	9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Component
		9.1. Solution
		9.2. Services
			9.2.1. Consulting
			9.2.2. Integration and Deployment
			9.2.3. Training and Support
	10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End User
		10.1. Service Providers
		10.2. Enterprises
			10.2.1. BFSI
			10.2.2. IT and ITeS
			10.2.3. Government
			10.2.4. Others
	11. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Deployment Mode
		11.1. Cloud
		11.2. On-premises
	12. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
		12.1. North America
		12.2. Latin America
		12.3. Europe
		12.4. Asia Pacific
		12.5. Middle East and Africa (MEA)
	13. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
	14. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
	15. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
	16. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
	17. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
	18. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
	19. Market Structure Analysis
	20. Competition Analysis
		20.1. SolarWinds
		20.2. IBM
		20.3. NETSCOUT
		20.4. BROADCOM
		20.5. CISCO
		20.6. NOKIA
		20.7. Kentik
		20.8. Catchpoint
		20.9. NEC Corporation
		20.10. AppNeta
	21. Assumptions and Acronyms Used
	22. Research Methodology
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