About Network Processing Unit
The network processing unit refers to an integrated circuit that is a programmable software device used as a network architecture element inside a network application domain. The network processing unit market has high growth prospects owing to the increasing demand for managing overloaded networks with abundant traffic and queue management in a large network. Moreover, rising applications for commercial applications expected to drive the demand for network processing units over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 13.9% |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Network Processing Unit market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Intel Corporation (United States), Cisco Systems Inc. (United States), Broadcom Limited (United States), Cavium, Inc. (United States), Qualcomm Incorporated (United States), Telefonaktiebolaget L. M. Ericsson (Sweden), Mellanox Technologies (United States), ARM Holdings plc (United Kingdom) and Marvell Technology Group, Ltd. (Bermuda) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Fortinet, Inc. (United States) and MACOM (United States).
Segmentation Overview
AMA Research has segmented the market of Global Network Processing Unit market by Type (Lower Speed Network Processor and High-Speed Network Processor), Application (Home Applications and Commercial Applications) and Region.
On the basis of geography, the market of Network Processing Unit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Applications for Traffic and Queue Management in a Large Network
Market Growth Drivers:
Increasing Application for Managing Overloaded Network with Abundant Traffic and Growing Demand for High-Speed Communications Devices
Challenges:
Complex Design of the Network Processing Unit
Restraints:
Lack of Skilled Technical Workforce
Opportunities:
Rising Demand for the Commercial Applications and Increasing Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In August 2023, Telkomsel (PT Telekomunikasi Selular) and Ericsson (NASDAQ: ERIC) today announced their renewed partnership to grow and strengthen their existing 4G / 5G networks footprint in Indonesia. Ericsson has been providing connectivity and has deployed its energy-efficient 5G Radio Access Network (RAN) products and solutions from the Ericsson Radio System in Aceh, Northern Sumatra, Central & West Sumatra and Eastern part of Kalimantan, including New Capitol City (Nusantara).
In February 2023, Kyndryl and Nokia will launch a partner innovation lab in Raleigh, North Carolina, to bring advanced wireless connectivity and edge computing, integrated with a multi-factor zero trust model, converging IT and OT for enterprises
Key Target Audience
Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.