Network Telemetry Market Size, Share, Trends and Forecast 2030, by Types (Flow-based telemetry, Packet-based telemetry, End-to-end telemetry) by Applications (Network monitoring and troubleshooting, Network security, Network optimization, Application performance monitoring)

Report ID :
2674

Publisher ID :
theinsightbridge

Published :
2023-06-07

Pages :
150

Purchase Option
$4500

Network Telemetry Market Introduction

Network telemetry refers to the process of collecting, processing, and analyzing data related to network performance and behavior in real-time. This data is then used to optimize network operations, identify potential issues, and improve overall network security. The network telemetry market is driven by the increasing demand for efficient network monitoring and management tools, as well as the growing adoption of cloud computing and virtualization technologies.Network telemetry solutions typically leverage a range of technologies, such as software-defined networking (SDN), network function virtualization (NFV), and machine learning (ML), to collect and analyze data from various network devices and services. The data collected can include information about network traffic, device performance, application behavior, and security threats.The network telemetry market is expected to grow significantly in the coming years, driven by factors such as increasing demand for network optimization and security solutions, growing adoption of cloud computing and virtualization technologies, and rising complexity of modern network architectures. In addition, the increasing use of IoT devices and the growing popularity of 5G networks are expected to further drive the adoption of network telemetry solutions.The network telemetry market can be segmented by component, deployment mode, organization size, and industry vertical. Major players in the market include Cisco Systems, Juniper Networks, Arista Networks, Broadcom, Dell Technologies, Nokia, and Huawei Technologies.

Network Telemetry Market Size

The market is expected to grow at a compound annual growth rate (CAGR) of around 21.5% from 2021 to 2028, reaching a projected value of USD 5.04 billion by 2028.

Network Telemetry Market Share

The network telemetry market is highly competitive and fragmented, with several major players competing for market share. Some of the key players in the market include Cisco Systems Inc., Juniper Networks, Inc., Huawei Technologies Co., Ltd., Broadcom, Arista Networks, Inc., and Nokia Corporation, among others. These companies are constantly innovating and investing in research and development to develop new and advanced network telemetry solutions.Cisco Systems Inc. is the leading player in the network telemetry market, accounting for a significant share of the market. The company offers a wide range of network telemetry solutions, including Cisco Nexus Data Broker, Cisco Tetration Analytics, and Cisco Application Centric Infrastructure (ACI), among others. The company's strong focus on research and development and its strategic partnerships and acquisitions have helped it to maintain its leading position in the market.Other key players in the market, such as Juniper Networks, Inc. and Huawei Technologies Co., Ltd., are also investing heavily in research and development to develop advanced network telemetry solutions. These companies are leveraging their expertise in networking technologies to develop solutions that can help businesses optimize network performance, reduce costs, and improve service quality.Overall, the network telemetry market is expected to see continued growth in the coming years, driven by the increasing demand for network infrastructure and the adoption of advanced technologies such as cloud computing, big data analytics, and the Internet of Things (IoT). As the market continues to grow, we can expect to see increased competition among major players and new entrants in the market, leading to a further fragmentation of market share.

Network Telemetry Market Trends

Some of the key trends in the network telemetry market include:Increased adoption of cloud-based services: As more businesses move to cloud-based infrastructure, there is a growing need for network telemetry solutions that can provide visibility into cloud environments. Network telemetry tools can help organizations monitor and analyze network traffic, application performance, and security threats in cloud-based environments.Growing demand for real-time network monitoring: With the rise of digital transformation and the increasing complexity of network infrastructure, there is a growing need for real-time network monitoring and analysis. Network telemetry solutions can provide real-time insights into network performance and security, allowing businesses to quickly identify and address issues.Emergence of artificial intelligence and machine learning: Many network telemetry solutions now incorporate artificial intelligence (AI) and machine learning (ML) capabilities to help automate the process of analyzing and interpreting network data. This can help businesses identify patterns and anomalies in network traffic, improve network security, and optimize network performance.Increased focus on network security: With the growing threat of cyber attacks, network security is a top concern for many organizations. Network telemetry solutions can provide real-time insights into network traffic, allowing businesses to quickly identify and respond to potential security threats.Growing use of software-defined networking (SDN): SDN is an approach to network management that separates the network control plane from the data plane, allowing for more flexible and efficient network management. Network telemetry solutions can help organizations monitor and analyze SDN environments, providing real-time insights into network performance and security.

Network Telemetry Market Driving Factors

There are several driving factors contributing to the growth of the network telemetry market. Some of the key factors include:Increasing demand for network visibility: With the growing complexity of network infrastructure and the rise of digital transformation, businesses are seeking solutions that can provide comprehensive visibility into their network traffic, applications, and security threats. Network telemetry solutions can help organizations gain real-time insights into their network performance and security, allowing them to proactively identify and address issues.Need for real-time network monitoring: As businesses become more reliant on network infrastructure to support their operations, there is a growing need for real-time network monitoring and analysis. Network telemetry solutions can provide real-time insights into network traffic, allowing businesses to quickly identify and respond to potential issues.Growth of cloud-based services: With the rise of cloud-based infrastructure and services, there is a growing need for network telemetry solutions that can provide visibility into cloud environments. Network telemetry tools can help organizations monitor and analyze network traffic, application performance, and security threats in cloud-based environments.Increasing complexity of network infrastructure: As network infrastructure becomes more complex, businesses are seeking solutions that can help them manage and optimize their networks. Network telemetry solutions can provide insights into network traffic, application performance, and security threats, allowing organizations to optimize their network infrastructure and improve their operations.Emergence of artificial intelligence and machine learning: Many network telemetry solutions now incorporate artificial intelligence (AI) and machine learning (ML) capabilities to help automate the process of analyzing and interpreting network data. This can help businesses identify patterns and anomalies in network traffic, improve network security, and optimize network performance.

Network Telemetry Market Regional Analysis

The network telemetry market is expected to see significant growth in the coming years, and this growth is likely to be seen across various regions of the world. The market can be analyzed regionally as follows:North America: The North American region is expected to dominate the network telemetry market due to the high adoption of advanced technologies and the presence of major market players in the region. The region is also home to some of the largest data centers in the world, which is likely to drive demand for network telemetry solutions. Additionally, the growing demand for cloud-based solutions is expected to further boost market growth in this region.Europe: Europe is expected to be the second-largest market for network telemetry, with countries such as Germany, the UK, and France being major contributors to market growth. The region is home to some of the largest technology companies in the world, which is likely to drive the demand for advanced network telemetry solutions. The growing adoption of Industry 4.0 technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), is also expected to boost market growth.Asia Pacific: The Asia Pacific region is expected to see significant growth in the network telemetry market due to the increasing adoption of cloud-based solutions and the growing demand for advanced network infrastructure. Countries such as China, Japan, and India are expected to be major contributors to market growth in this region. The growing demand for data center services is also expected to drive the adoption of network telemetry solutions in the region.Middle East and Africa: The Middle East and Africa region is expected to see moderate growth in the network telemetry market due to the growing adoption of cloud-based solutions and the increasing demand for advanced network infrastructure. The growing investments in data centers and the increasing adoption of Industry 4.0 technologies are likely to drive the demand for network telemetry solutions in this region.Latin America: The Latin American region is expected to see moderate growth in the network telemetry market due to the increasing adoption of cloud-based solutions and the growing demand for advanced network infrastructure. The region is also home to some of the fastest-growing economies in the world, which is likely to boost market growth in the coming years.

Network Telemetry Market Forecasts 2030 

The network telemetry market is expected to experience significant growth in the coming years, driven by the increasing demand for network infrastructure and the adoption of advanced technologies such as cloud computing, big data analytics, and the Internet of Things (IoT). The network telemetry market is expected to reach USD 1.7 billion by 2030, growing at a CAGR of approximately 29% during the forecast period from 2021 to 2030.The increasing adoption of cloud-based solutions and the growing demand for data center services are expected to be the primary drivers of market growth. The deployment of network telemetry solutions in data centers helps to ensure optimal performance and reduce downtime, which is critical for businesses that rely on continuous uptime to ensure the availability of their services.Furthermore, the increasing demand for network telemetry solutions in industries such as telecommunications, banking, financial services, and insurance (BFSI), and healthcare is expected to further boost market growth. These industries rely heavily on network infrastructure to carry out their day-to-day operations, and the deployment of network telemetry solutions helps to optimize network performance, reduce costs, and improve service quality.North America is expected to dominate the network telemetry market during the forecast period, with Asia Pacific and Europe following closely behind. The Asia Pacific region is expected to experience the highest growth rate due to the increasing adoption of cloud-based solutions and the growing demand for data center services.Overall, the network telemetry market is expected to witness significant growth in the coming years, driven by the increasing demand for network infrastructure, the adoption of advanced technologies, and the need to optimize network performance and reduce downtime.

Network Telemetry Market Key Industry Players

The network telemetry market is highly competitive and there are several key industry players who are driving innovation and growth in the market. Some of the key industry players in the network telemetry market include:Cisco Systems, Inc.: Cisco Systems is a leading player in the network telemetry market, offering a range of solutions that help organizations monitor and manage their network infrastructure. The company's solutions include Cisco Nexus Data Broker, Cisco Tetration Analytics, and Cisco Application Centric Infrastructure (ACI), among others.Juniper Networks, Inc.: Juniper Networks is another major player in the network telemetry market, offering solutions that help organizations optimize network performance and reduce downtime. The company's solutions include Juniper Networks Telemetry Interface, Juniper Networks Contrail Networking, and Juniper Networks AppFormix.Broadcom: Broadcom is a leading provider of semiconductor and infrastructure software solutions, and offers a range of network telemetry solutions. The company's solutions include Broadcom DNX Telemetry and Broadcom Trident Telemetry, among others.Huawei Technologies Co., Ltd.: Huawei Technologies is a global provider of telecommunications equipment and solutions, and offers a range of network telemetry solutions. The company's solutions include Huawei CloudEngine Telemetry, Huawei NetStream Telemetry, and Huawei Agile Controller-Campus Telemetry.Nokia Corporation: Nokia Corporation is a leading provider of networking equipment and solutions, and offers a range of network telemetry solutions. The company's solutions include Nokia Network Services Platform (NSP) Telemetry, Nokia Network Configuration and Performance Manager (NCPM) Telemetry, and Nokia Network Planning and Optimization (NPO) Telemetry.Arista Networks, Inc.: Arista Networks is a provider of cloud networking solutions, and offers a range of network telemetry solutions. The company's solutions include Arista CloudVision Telemetry, Arista DANZ Telemetry, and Arista EOS Telemetry.These key industry players are constantly innovating and investing in research and development to develop new and advanced network telemetry solutions. They are also expanding their product portfolios through strategic partnerships and acquisitions, and are well-positioned to benefit from the growing demand for network telemetry solutions in various industries.

 

 

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