Global Protocol Analyser demand is projected to be valued at US$ 1.11 Billion in 2022, forecast to grow at a CAGR of 4.04% to be valued at US$ 1.65 Billion from 2022 to 2032. Growth is attributed to the rising demand for renovation projects and development in residential and commercial construction.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 1.07 Billion |
| Expected Market Value (2022) | US$ 1.11 Billion |
| Anticipated Forecast Value (2032) | US$ 1.65 Billion |
| Projected Growth Rate (2022-2032) | 4.04% CAGR |
A protocol analyzer is a device that is used in the testing and verification of various network elements to monitor the network performance and ensure network reliability within the considered network elements. The data packets are generated by various protocols such as Fiber Channel (FC), PCI express (PCIe), and other advanced switching interconnections.
Protocol analyser provide detailed statistics on the current and recent activity of the network, test antimalware programs and point to potential vulnerabilities, detect unusual levels of network traffic, and search for specific data strings in packets. Modern protocol analyser like Wireshark can even spot rudimentary problems on their own and perform statistical analysis with the captured data.
The global protocol analyzer market is expected to witness a substantial rise in the future attributed to the development of application-specific protocol analyser, an increase in the use of wireless applications such as Local Area Network (LAN) and Wide Area Network (WAN). Such factors are major drivers which are forwarding the global protocol analyzer market.
Protocol analyser can be much of a time sink involving several protocols decodes to be remembered and requires expert know-how knowledge on operating these devices. Such technical knowledge deficiency is diverting customers from investing in this product other than that the global protocol analyzer market is a growing market in the services sector in the present years.
Owing to the technological development in end-use industries such as electronics, aerospace, and defense sectors in countries like Singapore, South Korea, and Japan, the region has developed the finest intelligence systems in the world housing industrial giants such as Intel, AMD, Samsung Electronics, LG Electronics, and Dell own massive manufacturing and sales chains for the protocol analyzer market.
Emerging nations such as India, Hong Kong, and Cyprus are gradually shifting toward producing and exporting protocol analyser and throughout the aforementioned period, they are anticipated to capture major portions of the global protocol analyzer market.
The global market for vector network analyser is noticeably assisted by the increasing demand for the product from the North American region. Owing to the greater consumption of electronic devices and vehicles, North America is likely to propel the growth of the vector network analyzer industry.
On account of regional growth, countries like the United States and Canada are among the leading regions for the industry. Along with this, the availability of modern infrastructure and technological expertise has supported the United States’ control in the global vector network analyser industry.
Some of the key participants present in the global demand for Protocol Analyser market include EXFO Telecom., Hitex Embedded Tools and Solutions, Keysight Technologies., Teledyne Lecroy., JDS Uniphase Corporation., Teledyne LeCroy., Tektronix Incorporated., Averna Technologies., Acta Ltd Advanced Communications., Nanjing PNA Instruments, Ltd., Utel Systems., among others.
| Report Attribute | Details |
| Growth Rate | CAGR of 4.04% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016-2021 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
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| Customization | Available Upon Request |
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FMI projects the global demand of the Protocol Analyser market to expand at a 4.04% value CAGR by 2032
North America is expected to be the most opportunistic protocol analyser market
EXFO Telecom., Hitex Embedded Tools and Solutions., Keysight Technologies., Teledyne Lecroy., JDS Uniphase Corporation., Teledyne LeCroy., Tektronix Incorporated., Averna Technologies., Acta Ltd Advanced Communications., Nanjing PNA Instruments, Ltd., Utel Systems., among others.
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Protocol Analyser Market
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