LAMEA 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 Latin America, Middle East and Africa Network Probe Market would witness market growth of 14% CAGR during the forecast period (2021-2027).
Network probes are capable of doing the heavy lifting to extract information regarding particular device performance. Until a company pre-set the notifications to send you alerts regarding pressing issues, it can concentrate on other IT activities. Network probes will continue to poll the devices in the background and will operate with the monitoring devices to send alerts to a person if something unusual happens.
By deploying probes for the monitoring of the network assists in avoiding slowdowns, bottlenecks, or downtime that can halt the daily operations of the company. With their capability to send and get nearly real-time information regarding the network rapidly, network probes keep the information updated so you become the first to realize any network issue and act rapidly to solve the situation.
There are two conditions with which probes can identify any network infrastructure: The device should have an IP address. The device should be allowed by the vendor to probe. Until these two conditions are fulfilled, one can utilize probes to obtain performance data regarding any crucial network infrastructure. It does not matter whether they are standard devices such as servers, printers, or routers, or non-standard equipment such as smart thermometers, and security cameras, probes are capable to track every kind of network infrastructure.
There is an increasing demand for network probes by various companies in this region, which is creating lucrative opportunities for the key players to exploit these opportunities and grow their business in this region. In addition, several companies are expanding their budget to stay updated with the current technological trend across the globe.
The growing adoption of network probe solutions is estimated to bolster the growth of the regional market during the forecast period. However, the technical glitches and absence of technical granularity would restrict the companies from using network probes and thus, hampering the overall regional growth of the network probe market during the forecast period.
The Brazil market dominated the LAMEA IT & Telecom Network Probe Market by Country 2020, thereby, achieving a market value of $5 million by 2027. The Argentina market would witness a CAGR of 13.5% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 12.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Network Probe Market is Predict to reach $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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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