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.
Network probes give security teams and IT departments the ability to gather performance analysis and network traffic of the acquired data to pinpoint issues with network traffic or possible malicious behavior. In a network probe, traffic data may be spotted in real-time by an operator for problem-solving reasons, tracked by a warning tool to find dynamic network hazards, or saved to conduct a forensic investigation if a network breach is found. By polling a device, the network probe retrieves data using SNMP and other internet protocols like the command line, HTTP, and TCP. The probe delivers data into a display in network monitoring software after it has received the data.
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A network probe aids in background device polling and is likely to collaborate with monitoring solutions to alert the user of any issues. Various common probes are available in some network monitoring software. Some enable users to design their probes as well to monitor various devices. Probes use SNMP and other Internet protocol types, such as TCP, HTTP, or command-line, to poll a device to obtain data. The data is then transmitted by the probe and displayed on a screen by the network monitoring software solutions.
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.
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Key players profiled in the report include Broadcom Inc., Cisco Systems, Inc., Cubro Network Visibility, IBM Corporation, Microsoft Corporation, Nokia Corporation, NetScout, Plixer, LLC, Paessler AG, and SolarWinds Worldwide, LLC. Market players have adopted various strategies, such as product launches, collaboration & partnership, joint ventures, and acquisition to expand their foothold in the Network Probe market.
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