Network Telemetry Market Scope
Network telemetry offers extensive and useful detection capabilities that can be coupled with dedicated analysis systems to collect, trend, and correlate observed activity. network telemetry is a real-time data collection service in which network devices such as routers, switches, and firewalls continuously push data related to the network's health to a centralized location. Due to growing network attacks and security breaches, the market of network telemetry is increasing, while some of the factors like regulatory issues are hampering the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Cisco Systems (United States), Juniper Networks (United States), Powelectrics (United Kingdom), Kraus Messtechnik (Germany), Arista Networks (United States), Mellanox Technologies (United States), Pluribus Networks (United States), Barefoot Networks (United States), Solarflare Communications (United States) and VOLANSYS Technologies (United States) |
CAGR | % |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Network Telemetry market throughout the predicted period.
Cisco Systems (United States), Juniper Networks (United States), Powelectrics (United Kingdom), Kraus Messtechnik (Germany), Arista Networks (United States), Mellanox Technologies (United States), Pluribus Networks (United States), Barefoot Networks (United States), Solarflare Communications (United States) and VOLANSYS Technologies (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Network Telemetry market by Type , by Application (Telecom Service Providers (TSPs), Cloud Service Providers (CSPs) and Managed Service Providers (MSPs)) and Region with country level break-up.
On the basis of geography, the market of Network Telemetry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In October 2023, networking giant Cisco acquired ThousandEyes, a leading provider of internet performance monitoring and visibility solutions. This acquisition strengthens Cisco's network management portfolio and enables them to offer comprehensive end-to-end visibility across hybrid and multi-cloud environments.
In September 2023, LogicMonitor, a cloud-based IT infrastructure monitoring platform, acquired Nimsoft, a provider of hybrid IT monitoring solutions. This acquisition expands LogicMonitor's reach into the enterprise market and adds Nimsoft's AIOps capabilities to its platform.
Influencing Trend:
Emerging Technologies, Such as Iot, Ai, and Sdn and Optimizing Business Operations Through Network Telemetry Solution
Market Growth Drivers:
Increase in Network Attacks and Security Breaches, Demand for Optimization of Network Infrastructure and Need to Resolve Downtime Issues Quickly
Challenges:
Widening Skills GAP
Restraints:
Regulatory Issues Associated with the Service Market
Opportunities:
Demand for Network Telemetry Framework to Construct a Working System and Need to Handle Massive Network Performance Data
Key Target Audience
Service and Solution provider of Network Telemetry, Telecom and Other Companies, Research Organization, Government Organization and End User