Why On-Premises Deployment Dominates the Network Probe Industry
The global network probe market was valued at USD 613.3 million in 2024 and is expected to reach USD 1,139.1 million by 2030 , growing at a CAGR of 10.9%. This growth is primarily driven by the increasing number of connected devices, the rapid adoption of monitoring tools and software to manage IT infrastructure complexities, and the rising demand for centralized network monitoring systems. Source: P&S Intelligence Market Breakdown by Component: The solutions segment dominates the market due to the growing need for these tools across industries such as telecommunications, BFSI, public services, aerospace & defense, and ICT & media. These solutions offer various services that help network administrators and technologists monitor performance, identify security issues, and maintain telecom infrastructure efficiency. Key services include performance monitoring, security analysis, troubleshooting, cloud monitoring, and bandwidth management. Market Breakdown by Organization Size:...