USD 71.00 Billion
Network Telemetry Market Size, Share, Growth Analysis, By Component(Solutions, and Services (Consulting, Integration & Deployment, Training), By Organization Size(Large Enterprises, and Small & Medium-Sized Enterprises), By End User(Service Providers (Telecom Service Providers, Cloud Service Providers, Managed Service Providers, Others)), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG50A2004 |
Region:
Global |
Published Date: March, 2024
Pages:
177
|Tables:
64
|Figures:
75
Network Telemetry Market Insights
Global Network Telemetry Market size was valued at USD 71.00 Billion in 2022 and is poised to grow from USD 92.66 Billion in 2023 to USD 779.39 Billion by 2031, growing at a CAGR of 30.5% during the forecast period (2024-2031).
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.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Active Telemetry
Fastest Growth
Active Telemetry
Growth Rate
30.5% CAGR
Global Network Telemetry Market ($ Bn)
Country Share for North America Region (%)
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Network Telemetry Market Segmental Analysis
Global Network Telemetry Market is segmented by Component, Organization Size, End User, and Region. Based on Component, the market is segmented into Solutions, and Services (Consulting, Integration & Deployment, Training, Support, & Maintenance). Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium-Sized Enterprises. Based on End User, the market is segmented into Service Providers (Telecom Service Providers, Cloud Service Providers, Managed Service Providers, Others), and Verticals. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
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.
Global Network Telemetry By Type
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Network Telemetry Market Regional Insights
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
Global Floating Power Plant Market By Geography
- Largest
- Fastest
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Network Telemetry Market Dynamics
Network Telemetry Market Drivers
Rising Demand for Network Security
- The global network telemetry market is experiencing a surge in demand for enhanced network security due to the escalating number of cyber threats and data breaches. Organizations are placing increased emphasis on securing their networks against potential vulnerabilities. In this context, network telemetry solutions have gained prominence as they empower businesses to swiftly detect and respond to security incidents, proactively monitor network traffic for any unusual activities, and bolster the overall security posture of their networks.
Network Telemetry Market Restraints
Lack of Standardization
- One of the significant challenges in the network telemetry market is the absence of standardized protocols and frameworks. This lack of standardization creates difficulties in achieving interoperability between solutions offered by different vendors. The absence of a uniform set of standards hampers seamless integration and can impede the widespread adoption of network telemetry solutions. Without standardization, organizations may face complexities in integrating diverse network telemetry systems and maximizing their effectiveness.
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Network Telemetry Market Competitive Landscape
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
- Juniper Networks Inc. (US)
- Gigamon Inc. (US)
- Arista Networks Inc. (US)
- Nokia Corporation (Finland)
- Hewlett Packard Enterprise (HPE), (US)
- ExtraHop Networks Inc. (US)
- Broadcom Inc. (US)
- IBM Corporation (US)
- Mellanox Technologies Ltd. (now part of Nvidia) (Israel)
- Ixia (a Keysight business) (US)
- Accedian Networks Inc. (Canada)
- NetScout Systems Inc. (US)
- AppNeta Inc. (US)
- Viavi Solutions Inc. (US)
- Kentik Inc. (US)
- Big Switch Networks Inc. (US)
- Riverbed Technology Inc. (US)
- Colasoft Co. Ltd (China)
- Zenoss Inc. (US)
Network Telemetry Market Recent Developments
- In January 2023, Microsoft Corporation successfully finalized its acquisition of Fungible, a developer specializing in composable infrastructure. This strategic move was aimed at bolstering Microsoft's data center network and storage performance. By integrating Fungible's expertise, Microsoft expects to enhance its wide range of technologies and offerings.
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Arista's next-generation integrated ultra-low 7130 Series was introduced for in-network applications in June 2022. This system can provide switching, monitoring, routing, and other features for the company's wide range of products by integrating with CloudVision, Arista's multi-domain network telemetry management platform.
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Nvidia Corp. released the most recent version of NVIDIA NetQ in June 2022 with the goal of automating network monitoring and minimizing downtime. It integrates sophisticated telemetry with an intuitive user interface that streamlines troubleshooting and automates the network with less downtime and maintenance.
Network Telemetry Key Market Trends
- Growing Adoption by Leading Global Telecom Companies: The increasing adoption of network telemetry by leading telecom companies and cloud service providers is considered a significant trend shaping the future of this market. These organizations are leveraging network telemetry to enhance their network communication infrastructure and effectively manage their network infrastructure by leveraging advanced analysis and optimization techniques. This trend has resulted in the significant dominance of the network telemetry segment in the market. The utilization of network telemetry systems by large global telecom companies and cloud service providers is on the rise. These entities are recognizing the importance of network telemetry in improving their network communication infrastructure. By deploying network telemetry systems, they can gain valuable insights into their network performance, identify bottlenecks, and optimize network resources accordingly. This proactive approach allows them to deliver enhanced services to their customers, ensuring a seamless and reliable network experience.
Network Telemetry Market SkyQuest Analysis
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 71.00 Billion |
| Market size value in 2031 | USD 779.39 Billion |
| Growth Rate | 30.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| 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:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Network Telemetry Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Network Telemetry Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
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.
Analyst Support
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.
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