According to a new study by Grand View Research, the global Deep Packet Inspection (DPI) market is expected to reach USD 4,711.3 million by 2020. Grand View Research cites the increase in penetration of mobile devices as the main reason for the market over the next six years. It added that the development of new data intensive applications and proliferation of mobile data networks is expected to provide substantial growth opportunity for the market over the coming years
Key Findings from the report;
In terms of product, standalone DPI dominated the global market and accounted for over 75% of the overall demand in 2013; mainly owing to features such as fair use, caching, video optimization and traffic offered by standalone DPI products.
Internet Service Providers (ISP) are likely to be the largest growing application over the next six years; the segment accounted for over 65% of the global market in 2013. ISPs are expected to remain the key application area as they provide enforcement functions, policy definition, copyright enforcement, targeted advertising, better quality of service, lawful intercept and tiered services.
Asia Pacific is expected to dominate the market over the next six years, accounting for 37.4% of the global market revenue in 2013. Further, it is expected to grow at a CAGR of 31.6% from 2014 to 2020, mainly on account of rise in number of subscribers in this region.
Companies operating in the market include Procera Networks Inc., Sandvine Incorporated, Allot Communications Inc., Cisco Systems Inc., Bivio Networks Inc., Qosmos and Arbor Networks Inc., etc. The market is marked by price sensitivity among consumers and is consolidated in nature. The development of efficient methods of DPI especially for high bandwidth application is expected to be an essential growth strategy over the forecast period.