Latin America Network Probe Market Size & Outlook

The network probe market in Latin America is expected to reach a projected revenue of US$ 163.1 million by 2028. A compound annual growth rate of 12.4% is expected of Latin America network probe market from 2022 to 2028.
Revenue, 2021 (US$M)
$72.0
Forecast, 2028 (US$M)
$163.1
CAGR, 2022 - 2028
12.4%
Report Coverage
Latin America

Latin America network probe market highlights

  • The Latin America network probe market generated a revenue of USD 72.0 million in 2021.
  • The market is expected to grow at a CAGR of 12.4% from 2022 to 2028.
  • In terms of segment, solution was the largest revenue generating component in 2021.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 72.0 million
Market revenue in 2028USD 163.1 million
Growth rate12.4% (CAGR from 2021 to 2028)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideSolarWinds Corp Ordinary Shares, NetScout Systems Inc, Broadcom Inc, International Business Machines Corp, Cisco Systems Inc, Nokia Oyj, NEC Corp


Other key industry trends

  • In terms of revenue, Latin America region accounted for 13.1% of the global network probe market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 302.9 million by 2028.

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Network Probe Market Scope

Network probe market segmentation & scope
Solution
Consulting
Integration & Deployment
Training & Support
Cloud
On-premise
Small & Medium Enterprises
Large Enterprises
Service Providers
BFSI
IT & Telecom
Government
Others

Network Probe Market Companies

Name Profile # Employees HQ Website

Latin America network probe market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to network probe market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 57.08% in 2021. Horizon Databook has segmented the Latin America network probe market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2028.


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  • Our clientele includes a mix of network probe market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America network probe market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America network probe market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America network probe market size, by country, 2017-2028 (US$M)

Latin America Network Probe Market Outlook Share, 2021 & 2028 (US$M)

Latin America network probe market size, by country, 2017-2028 (US$M)

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