Global Maritime Satellite Communication Market Size And Forecast To 2025

Global Maritime Satellite Communication Market Size And Forecast To 2025
The Global Deep Packet Inspection and Processing market is segmented on the basis of geography into:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America is further segmented into U.S., Canada and Mexico. Europe is segmented into Germany, UK, France and Rest of Europe. Asia Pacific comprises China, Japan, India and Rest of Asia Pacific. Latin America has been further segmented into Brazil. The RoW comprises Middle East and Africa.
The market was dominated by North America in 2017, with countries such as the U.S. and Canada dominating the market in this region.

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FIGURE 14 GLOBAL DEEP PACKET INSPECTION AND PROCESSING MARKET, BY GEOGRAPHY, 2016 2025 (USD MILLION)

As seen in the above figure, North America dominated the Global Deep Packet Inspection and Processing market in 2017. The U.S. accounted for the majority of the market in this region in 2017, which is expected to continue over the forecast period.
Asia Pacific, which is dominated by China, accounted for 29.8% of the global market in 2017. Europe, which is considered to be a matured market, is projected to witness relatively slower growth from 2018 to 2025.

TABLE 2 GLOBAL DEEP PACKET INSPECTION AND PROCESSING MARKET, BY GEOGRAPHY, 2016 2025 (USD MILLION)
Region 2016 2017 2018 2025 CAGR%
North America 2,687.1 3,225.8 3,877.2 14,411.1 20.6%
Europe 1,653.6 1,937.9 2,272.5 6,953.2 17.3%
Asia Pacific 1,998.1 2,463.8 3,040.0 13,364.4 23.6%
Latin America 344.5 409.9 488.4 1,700.9 19.5%
Middle East & Africa 206.7 244.3 289.0 953.3 18.6%
TOTAL 6,890.0 8,281.8 9,967.1 37,383.0 20.8%

The deep packet inspection and processing market in North America was valued at USD 3,225.8 Million in 2017. This region is projected to grow at a CAGR of 20.6% from 2018 to 2025 to reach USD 14,411.1 Million by the end of the forecast period. The market in the Asia Pacific region is projected to grow at the highest CAGR of 23.6% from 2018 to 2025.

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