The network telemetry market is progressing extensively. The market growth attributes to the increasing network-related attacks and cybersecurity breaches. Besides, the growing need for the optimization of network infrastructure and rising numbers of businesses drive the growth of the market. Moreover, the increasing need to protect network layers from advanced cyber threats, while meeting the compliance requirements escalate the development of the market.
According to Market Research Future (MRFR), the global network telemetry industry is poised to touch the valuation of USD 826.1 MN by 2025, growing at 39.4% CAGR throughout the assessment period (2019–2025). Rising demand for network telemetry solutions from leading service providers, such as telecom service providers, cloud service providers, and managed service providers and key enterprises, substantiates market growth.
Network telemetry is used across the industry verticals to ensure the security of digital assets efficiently. The solution maximizes the performance of the enterprise or service provider applications with end-to-end network visibility and performance monitoring across software-defined and cloud-based architectures.
Additionally, rising integrations of technologies such as the Internet of things (IoT), artificial intelligence (AI), and software-defined networking (SDN) into network telemetry solutions increase the market size. On the other hand, stringent regulations and compliance by regulatory is a significant factor forecasted to impede the growth of the market. Also, the initial investment required to implement third-party risk management solutions acts as a hurdle to market growth.
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Network Telemetry Market - Segmentation
The report is segmented into four dynamics.
By Component : Solutions and Services (Consulting, Integration & Deployment, Support & Maintenance, others).
By End-User : Service Providers (Telecom Service Providers, Cloud Service Providers, Managed Service Providers, others) and Enterprises.
By Organization Size : Small-to-Medium-Sized Enterprises and Large Enterprises.
By Regions : Asia Pacific, Americas, Europe, and the Rest-of-the-World.
Network Telemetry Market - Regional Analysis
North America dominates the global network telemetry market. The region is a hub for advanced technologies and witnesses massive adoption of network telemetry solutions. The largest market share attributes to the presence of notable players and early adoption of IoT and Artificial Intelligence (AI) technologies. Besides, continuous investment and focus on optimization of network infrastructure drive the growth of the network telemetry industry.
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The US, backed by the rising technological upgrades, accounts for the major contributor to the regional network telemetry market. The North American network telemetry market is projected to retain its dominance throughout the estimated period.
Europe stands second in the global network telemetry market. The market is driven by the growing need to resolve downtime issues quickly. Additionally, the increasing adoption of on-demand cloud services creates vast market demand in the region. The UK is expected to gain a larger market share, followed by Germany and France. The European network telemetry market is predicted to show immense growth over the assessment period.
The Asia Pacific network telemetry market is emerging as a promising market globally. Factors such as the burgeoning IT & telecom sector, especially in the economically and technologically developing countries such as China, Japan, and India, influence the market growth.
Moreover, increasing numbers of businesses and massive demand for advanced solutions that can support comprehensively by increasing real-time access to data, push the market increase. The APAC network telemetry market is projected to create a substantial revenue pocket during the review period, offering significant growth opportunities.
Network Telemetry Market - Competitive Analysis
The well-established network telemetry market appears to be fragmented due to the presence of several notable players. To gain a competitive advantage, industry players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch, in the market. These players accentuate on innovation and development of new solutions. This, in turn, fuels the already intensified market competition. The market demonstrates a high growth prospect attracting several new entrants to the market, further boosting the market competition.
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Network Telemetry Market Key Players:
- Cisco Systems Inc. (US)
- Arista Networks (US)
- Juniper Networks (US)
- VOLANSYS (US)
- Mellanox Technologies (US)
- Pluribus Networks (US)
- Solarflare Communications (US)
- Barefoot Networks (US)
- Marvell Semiconductor, Inc. (US)
- Anuta Networks (US)
- Google (US)
- Waystream AB (Sweden)
- Netronome (US)
- Apcela (US), and Barefoot Networks (US), among others.
Table Of Contents
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Network Telemetry Market, By Component
1.1.2. Global Network Telemetry Market, By End User
1.1.3. Global Network Telemetry Market, By Organization Size
1.1.4. Global Network Telemetry Market, By Region
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.3. Market Structure
3. RESEARCH METHODOLOGY
Continued...
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MarketsandMarkets expects the Global Network Telemetry Industry size to grow from USD 140 million in 2019 to USD 704 million by 2024, at a Compound Annual Growth Rate (CAGR) of 38.1% during the forecast period.Browse 107 market data Tables and 39 Figures spread through 141 Pages and in-depth TOC on "Global Network Telemetry Industry by Component (Solution and Services), Organization Size, End User (Service Providers (Telecom Service Providers, Cloud Service Providers, and Managed Service Providers), Verticals), and Region - Global Forecast to 2024"Request a Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=110999318Network telemetry solutions deliver value to network operations by collecting, monitoring, and analyzing networks’ data, which help Information Technology (IT) administrators to handle network infrastructure effectively.
Network telemetry collects real-time data from physical or virtual devices using push-based data collection methods.
Network devices, such as routers and switches, utilize the push data method to send their data proactively to the collectors, which are either network monitoring tools or network analytics platforms.
Growing complexities in the network infrastructure have created a burden on network operation teams to handle networks effectively and smoothen business processesKey and emerging Global Network Telemetry Industry players include Cisco Systems (US), Juniper Networks (US), Arista Networks (US), Mellanox Technologies (US), Pluribus Networks (US), Barefoot Networks (US), Solarflare Communications (US), and VOLANSYS Technologies (US).Arista Networks (US) provides software-driven cognitive cloud computing solutions for large scale data centers and campus environments.
It has delivered over 20 million cloud networking ports worldwide with CloudVision and Extensible Operating System (EOS), an OS that provides single image consistency across hardware platforms.
Arista provides products and solutions to more than 5,000 customers with scalable data centers, for Fortune 500 companies and delivers products across the globe through distribution partners and system integrators.
Network Telemetry Market OverviewThe Network Telemetry Market is expected to reach USD 826.1 Million by 2025, registering a CAGR of 39.4% during the forecast period.
In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.The Network Telemetry Market has been segmented on the basis of Component, End User, Organization Size, and Region.Based on the component, the network telemetry market has been segmented into solutions and services.
The services segment is expected to grow at a higher CAGR during the forecast period.
The growing adoption of network telemetry solutions across enterprises and service providers has led to the demand for the services.
The need for consulting services, integration and deployment services and support and maintenance services is also growing.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8716Based on end-user, the network telemetry market has been segmented into service providers and enterprises.
The service providers have further been segmented into telecom service providers, cloud service providers, managed service providers, and others.
