Network Telemetry Market Size, Industry Analysis Report, Regional, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026
Report ID: GMI4508
Network Telemetry Market size is anticipated to witness substantial gains between 2020 and 2026 owing to growing network infrastructure, rising data volumes, and the increasing need for in-depth visibility in network security.
Network telemetry depicts how data from different information sources can be gathered utilizing a set of automated communication processes and transmitted to one or more receiving equipment for analysis tasks. These tasks may include trend analysis, event correlation, metric calculation, performance monitoring, and anomaly detection.
Some of the major factors driving the network telemetry market growth include rising security breaches and network attacks along with the rising demand for optimized network infrastructure. Network telemetry offers multiple advantages such as improved network performance, faster troubleshooting, prediction of network failure, and easy setup & integration.
Network telemetry proves advantageous over traditional techniques of operational data fetching, which are based on collecting non-real-time data. Real-time data collection through network telemetry facilitates timely detection & resolution of anomalies to network optimum network reliability and functioning. Major companies such as Juniper, Arista, and Cisco rely on model-driven telemetry collection, which proves to be effectively decodable, efficient, and delivers at-par performance.
However, stringent regional & international regulations related to network infrastructure might hamper the market demand. Conversely, technological advancements in the field of artificial intelligence and IoT are expected to create ample opportunities for the market.
North America dominates the global market, accounting for a significant industry share and it is expected to maintain its dominance throughout the forecast period. The dominance can be attributed to the large-scale network infrastructure deployment in the U.S. and Canada. Moreover, the players operating in the network telemetry market are engaged in expanding their customer base in the region to leverage the early technological adoption.
Network systems are consistently evolving for better & boundless adaptability to help continually changing application workload demands. To ensure optimal execution of these expanding networks, end-to-end perceivability with real-time network telemetry data can prove highly valuable. This has led the companies to develop advanced products with enhanced performance to expand their customer base globally.
Enterprises are engaged in research & development activities to develop innovative products to enhance their product portfolio. For instance, in September 2019, Arista Networks announced the launch of CloudVision 2019. The new product is expected to help customers with risk management, operational cost reduction, and agility in network operations.
In December 2018, Barefoot Networks launched the second-generation of their P4-programmable Tofino Ethernet switch ASIC family. The new product was called Tofino 2, which will deliver twice the performance of its precursor. In May 2019, Mellanox Technologies, Ltd. launched an advanced Network Telemetry technology. The new product offers visibility into data plane anomalies and it is also compatible with private cloud, public cloud, and enterprise cloud models.
The global network telemetry market is fragmented with the presence of multiple competitive regional & global players. The companies are making huge investments in research & development activities to enhance technical competence. Some of the major players operating in this market are Arista Networks, Apcela, Trimble, Marvell, Kaloom, Anuta Networks, SevOneInc, Barefoot Networks, Cisco, Pluribus Networks, Juniper Networks, Volansys Technologies, Redline Communications, Criterion Networks, NetAcquire Corporation, Waystream AB, and Mellanox Technologies.
Market by Deployment Type, 2015-2026 (USD Million)
- Cloud Based
Market by Organization Size, 2015-2026 (USD Million)
- Large Enterprise
Market by Application, 2015-2026 (USD Million)
- Telecom Service Providers (TSPs)
- Cloud Service Providers (CSPs)
- Managed Service Providers (MSPs)
The above information has been provided for the following regions and countries:
- North America
- Australia & New Zealand (ANZ)
- South Korea
- Southeast Asia
- Latin America
- South Africa
- Saudi Arabia
- Anuta Networks
- Arista Networks
- Barefoot Networks
- Criterion Networks
- Juniper Networks
- Mellanox Technologies
- NetAcquire Corporation
- Pluribus Networks
- Redline Communications
- VOLANSYS Technologies
- Waystream AB
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