Which traffic shaping method allows for bandwidth management based on application?

The traffic shaping method that allows for bandwidth management based on application is application control shaping. This approach focuses on identifying and managing traffic according to the specific applications being used within the network. By prioritizing or limiting bandwidth based on application type, network administrators can ensure that critical applications receive the necessary resources for optimal performance while less important applications can be throttled or limited during peak usage times.

This method leverages deep packet inspection techniques to recognize various applications and apply appropriate shaping policies, which is essential in environments where multiple applications compete for limited bandwidth. By tailoring bandwidth allocation to application requirements, it enhances user experience and overall network efficiency.

In contrast, the other options refer to different methods of shaping traffic that do not base management solely on application identification and analysis. Shared policy shaping typically applies uniform traffic shaping across multiple users without distinguishing between application types. Per-IP shaping focuses on individual users based on their IP addresses, and network-wide shaping applies a holistic approach across the entire network rather than targeting specific applications.