According to a research report ?Deep Packet Inspection and Processing Market by Component (Solutions and Services), Solution Type (Hardware and Software), Installation Type (Integrated and Standalone), Deployment Mode, Organization Size, Vertical, and Region ? Global Forecast to 2024?, published by MarketsandMarkets, the global deep packet inspection and processing market size is expected to grow from USD 8.7 billion in 2019 to USD 12.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 5.9% from 2019 to 2024. The major factors driving the deep packet inspection and processing market include the continuous evolution of cyberattacks and their corresponding security solutions, need for modern network performance management and optimization solutions.