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Network Telemetry Market Size, Trends, Key Players, Demand Analysis, Regional Outlook and Forecast 2021

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Animesh Rao
Network Telemetry Market Size, Trends, Key Players, Demand Analysis, Regional Outlook and Forecast 2021

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. The report provides details about the market dynamics affecting the market, scope, segmentation, SWOT analysis, size & network telemetry market share.

According to Market Research Future (MRFR), the global network telemetry market 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 - 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.  

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.

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.

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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.

Key Developments 

  • In September 2019, Arista Networks released its management software, CloudVision 2019. CloudVision is a software platform designed to bring cloud network operations to enterprise customers through a network-wide suite of automation, telemetry, and analytics. Besides, it also helps companies cut down on operational costs and improve the agility of the network and curtail risks.
  • In October 2019, Juniper Networks partner with UK-based Telefonica. The agreement was aimed at building an automated and secure network infrastructure that is cloud-enabled, also known as the Fusion Network.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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