Europe Network Probe Market By Component (Solution and Services), By Deployment Type (On-premise and Cloud), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By End User (Service Providers, Government & Defense, IT & Telecom, BFSI and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Network Probe Market would witness market growth of 10.2% CAGR during the forecast period (2021-2027).
Consulting solutions are crucial during the starting phase of installing network prove tools over network infrastructures. The consulting services in network probe provide an exhaustive method to improve the strength and performance of network infrastructures. Network management is crucial to companies and service vendors; thus, installing, designing, and maintaining a network that is strong and resilient are of the highest importance. The consulting services involve robust and in-depth consulting expertise in network deployment, management, and design. The services also assist in reducing risks, lowering down the complexities, and increasing the Return on Investment (RoI), as they can be easily tailored, applicable, and can offer the highest product assurance.
Consulting services provided by service vendors involve offering onsite and offsite network project-related help for the incorporation of network devices, creating tailored network management solutions, providing consultation for deployment, and creating network infrastructures. Majority of the big companies need consulting services for planning proactive steps required to modify the network environments in a rapid manner.
There can be different definitions of a network probe based on the network management application one is utilizing. Generally, there are two kinds of network proves. The first are software plug-ins that comes in-built into the network monitoring tool. These are fundamental text files that poll your devices. Another kind of probe is deployed independently on the tool one wants to monitor.
SMEs are said to be the backbone of the European economies, which are the major end-users of the network probes. The boosting demand for the network probe tools across this region is contributing to the augmenting growth of the regional network probe market. In addition, SMEs are highly adopting such technically advanced solutions to provide better & enhanced productivity.
The increasing awareness among various companies related to the benefits of network probe, which is estimated to fuel the growth of the global network probe market during the forecast period. Moreover, the rising investment in advanced solutions by the companies is projected to bolster the regional growth of the network probe market.
The growing customer base for network probe solutions in the region is accelerating the demand for the solutions in this region. The shifting trend of network probe hybrid deployments is contributing to the surging adoption of improved network probe solutions in the region. The real opportunity for network probes especially resides in regions because of the huge number of security attacks.
The Germany market dominated the Europe Cloud Network Probe Market by Country 2020, thereby, achieving a market value of $32.9 million by 2027. The UK market is exhibiting a CAGR of 13.1% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 14.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Service Providers, Government & Defense, IT & Telecom, BFSI and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Network Probe Market Size will Hit $1 Billion by 2027, at a CAGR of 11.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SolarWinds Corporation, NetScout Systems, Inc., Broadcom, Inc., IBM Corporation, Cisco Systems, Inc., Nokia Corporation, NEC Corporation, Micro Focus International PLC, AppNeta, and Catchpoint Systems, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- Service Providers
- Government & Defense
- IT & Telecom
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- SolarWinds Corporation
- NetScout Systems, Inc.
- Broadcom, Inc.
- IBM Corporation
- Cisco Systems, Inc.
- Nokia Corporation
- NEC Corporation
- Micro Focus International PLC
- Catchpoint Systems, Inc.
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