Network Probe Market registering a CAGR of 12.3% from 2021 to 2028
Network Probe Industry Overview The global network probe market size was valued at USD 0.50 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.3% from 2021 to 2028. The market growth can be attributed to the increasing security concerns and network complexity. At the same time, the need to resolve network downtime issues and stress that occurs due to the exponential rise in IP traffic is accentuating the market growth. An increasing number of companies shifting toward the latest cloud-based technologies is also creating a need for established network frameworks. Network probe is a network traffic protocol and monitor analyzer that provides users with real-time data of network traffic status. It provides information on volume and type of network traffic and assists them in identifying potential bottlenecks and issues in the computer network. The increasing demand for managing networks among small businesses and IT departments is driving the m...