USD 368.7 million
Report ID:
SQMIG50A2004 |
Region:
Global |
Published Date: March, 2024
Pages:
177
|Tables:
64
|Figures:
75
Network Telemetry Market size was valued at USD 92.66 Billion in 2023 and is poised to grow from USD 120.92 Billion in 2024 to USD 1017.1 Billion by 2032, growing at a CAGR of 30.5% during the forecast period (2025-2032).
The global network telemetry market has been experiencing significant growth and is poised for further expansion in the coming years. Network telemetry refers to the collection, analysis, and monitoring of network data in real-time, providing valuable insights into network performance, security, and optimization. One of the key drivers of market growth is the increasing complexity of network infrastructure. As networks become more intricate with the adoption of technologies such as cloud computing, virtualization, and IoT devices, there is a growing need for robust monitoring and analysis tools.
Network telemetry solutions offer organizations the ability to gain granular visibility into network traffic, detect anomalies, and proactively address issues, thereby enhancing network performance and reliability. Furthermore, the rising demand for real-time network monitoring and security solutions is propelling the market growth. With the increasing prevalence of cyber threats and sophisticated attacks, organizations are focusing on strengthening their network security defenses. Network telemetry enables the continuous monitoring of network traffic, providing real-time insights into potential security breaches and helping organizations take immediate remedial actions.
The proliferation of big data analytics and artificial intelligence (AI) technologies is also contributing to the market expansion. Network telemetry generates vast amounts of data, and organizations are leveraging advanced analytics and AI algorithms to extract valuable insights and automate network management processes. This enables proactive network maintenance, predictive analysis, and efficient resource allocation, ultimately leading to improved operational efficiency and cost savings.
US Network Telemetry Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 368.7 million
Largest Segment
Active Telemetry
Fastest Growth
Active Telemetry
Growth Rate
39.0% CAGR
To get more reports on the above market click here to Buy The Report
Global Network Telemetry Market is segmented by component, deployment model, enterprise size, application and region. Based on component, the market is segmented into solutions and services. Based on deployment model, the market is segmented into on-premises and cloud. Based on enterprise size, the market is segmented into large enterprises and small and medium enterprises (SMEs). Based on application, the market is segmented into telecom service providers (TSPs), cloud service providers (CSPs), managed service providers (MSPs) and enterprises. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Network Telemetry Market Analysis by Type
The most dominant type is the active network telemetry segment in the global network telemetry market. Active telemetry enables organizations to monitor and analyze network data in real-time, providing immediate insights into network performance, security incidents, and anomalies. With the increasing need for proactive network monitoring and quick response to network issues, active telemetry solutions have gained significant prominence and market share. The ability to detect and address network issues promptly enhances operational efficiency, minimizes downtime, and ensures a seamless user experience.
The fastest growing type is the passive network telemetry segment. Passive telemetry leverages advanced analytics and machine learning algorithms to forecast and anticipate potential network issues before they occur. By analyzing historical data, network patterns, and performance trends, predictive telemetry empowers organizations to take proactive measures to optimize network resources, prevent bottlenecks, and mitigate risks.
Network Telemetry Market Analysis by Application
The network performance monitoring and management segment is considered the most dominant application type in the global network telemetry market. Network performance monitoring and management solutions enable organizations to monitor and optimize network performance, detect and resolve issues promptly, and ensure efficient utilization of network resources. With the increasing complexity of networks and the criticality of maintaining optimal performance, businesses across various industries heavily rely on network telemetry solutions for effective monitoring and management.
While the fastest growing type is network security and threat detection is experiencing rapid growth and is considered the fastest-growing application type in the global network telemetry market. The escalating number of cyber threats and data breaches has fueled the demand for robust network security solutions. Network telemetry plays a crucial role in detecting and mitigating security incidents, monitoring network traffic for anomalies, and strengthening overall network security posture. As organizations prioritize network security and threat detection, the adoption of network telemetry solutions for this application is witnessing significant growth.
To get detailed analysis on other segments, Request For Free Sample Report
North America has traditionally emerged as the most dominant region in the global network telemetry market in 2022. This can be attributed to several factors, including the presence of key market players, technological advancements, strong IT infrastructure, and a high adoption rate of advanced networking technologies. Additionally, North America has a mature cybersecurity ecosystem and a strong focus on network security, driving the demand for network telemetry solutions.
While the fastest growing region is Asia Pacific (APAC) is witnessing rapid growth in the network telemetry market and is considered the fastest-growing region. Factors contributing to this growth include increasing digitalization, expanding IT and telecommunications sectors, and rising adoption of cloud-based solutions. Countries like China, Japan, India, and South Korea are investing heavily in network infrastructure and security, driving the demand for advanced network telemetry solutions in the region. Moreover, the proliferation of IoT devices and the need for real-time monitoring and security are fueling the market growth in APAC
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Network Telemetry Market Drivers
Rising Demand for Network Security
Network Telemetry Market Restraints
Lack of Standardization
Request Free Customization of this report to help us to meet your business objectives.
The global network telemetry market is highly competitive, with several major players vying for market share. These companies offer a wide range of solutions and technologies to cater to the evolving needs of businesses in terms of network monitoring, performance optimization, and security. The competitive landscape is characterized by innovation, strategic partnerships, acquisitions, and product expansions to stay ahead in the market. Key players in the network telemetry market provide comprehensive solutions encompassing network monitoring, analytics, and visualization. They offer products and services that enable businesses to gain real-time visibility into network traffic, identify performance bottlenecks, and ensure network security.
Network Telemetry Market Top Player’s Company Profiles
Network Telemetry Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global network telemetry solutions market analysis, multiple factors such as digitalization, expanding IT and telecommunications sectors, and increasing adoption of cloud-based solutions are the key growth drivers. Emphasizing the rising demand for network security solutions in response to the growing number of cyber threats and data breaches. It discusses how network telemetry solutions enable organizations to promptly detect and respond to security incidents, monitor network traffic for anomalies, and strengthen overall network security posture. Furthermore, the report highlights the increasing complexity of networks and the need for real-time monitoring and performance optimization, driving the adoption of network telemetry solutions.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 368.7 million |
Market size value in 2031 | USD 7141.78 million |
Growth Rate | 39.0% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Network Telemetry Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Network Telemetry Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Network Telemetry Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Network Telemetry Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG50A2004
sales@skyquestt.com
USA +1 351-333-4748