Global Network Telemetry Market Report 2022: A $900 Million Market by 2028 - Competitive Landscape, Size, Segments, Outlook, and Revenue Forecasts by Component, Deployment, Enterprise Size, End User - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Network Telemetry Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Component, Deployment, Enterprise Size, End User, and Region" report has been added to ResearchAndMarkets.com's offering.
According to this analysis, the Global Network Telemetry Market is expected to record a positive CAGR of ~20% during the forecast period (2022-2028) and is expected to reach approximately US$ 900 million by 2028.
The increasing cases of cyberattacks which are targeted toward the companies' servers and networks are helping the market grow.
The cyberattacks can cause huge damage to companies as critical data and confidential information are stolen from their servers during such attacks. So, in order to have a safer network infrastructure, more and more companies are adopting network telemetry solutions and services thus positively impacting market growth.
The high upfront investments that are required for an organization to go for network telemetry services and solutions act as a constraint for market growth.
The installation of network telemetry poses compatibility challenges for many organizations due to their existing legacy network. So, the complexities associated with the installations of the network telemetry solutions and services also act as a constraint for the market's growth. Additionally, the strict regulations that are in place for network infrastructure-related activities also act as a constraint to the market's growth.
The COVID-19 outbreak had a negative impact on the demand for Network Telemetry as various companies stalled their operations due to the imposition of the lockdowns initially. However, later as more and more organizations started operating from home, the companies required network telemetry solutions and services for managing their network infrastructure effectively which resulted in the market's growth.
Competitive Landscape
The Global Network Telemetry Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players.
Approximately, the large global players constitute 10%, the regional players 30%, and country-niche players 60% of the market by type of companies operating in the market.
Some of the major players in the market include Arista Networks, Inc., Cisco Systems, Inc., Juniper Networks, Inc., NVIDIA Corporation, VOLANSYS Technologies (An ACL Digital Company), Intel Corporation, Advanced Micro Devices, Inc, Marvell, Google, Netronome, and Apcela among others.
Recent Developments Related to Major and Emerging Companies
- In June 2022, Arista launched its next-generation converged ultra-low 7130 Series for in-network applications. This system can integrate with CloudVision which is the multi-domain network telemetry management platform of Arista and can provide switching, monitoring, routing, etc. for the company's extensive portfolio
- In June 2022, Nvidia Corp. launched the latest version of NVIDIA NetQ to reduce downtime and automate network monitoring. It combines advanced telemetry and a user interface that simplifies troubleshooting as well as automates the network with reduced maintenance and downtime
- In October 2021, Intel developed Open Standard Packet Telemetry that can help in improving data center visibility and making it more resilient. It is capable of tracking packets traversing the network and hence greater visibility on the performance of the network.
Key Topics Covered in the Report
- Snapshot of the Global Network Telemetry Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Network Telemetry Market
- Historic Growth of the Overall Global Network Telemetry Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter's 5 Forces Analysis of the Global Network Telemetry Market
- Overview, Product Offerings, and SWOT Analysis of Key Competitors
- COVID-19 Impact on the Overall Global Network Telemetry Market
- Future Market Forecast and Growth Rates of the Total Global Network Telemetry Market and by Segments
- Market Size of Fiber Type/End User Segments with Historical CAGR and Future Forecasts
- Analysis of the Network Telemetry Market in Major Regions
- Major Production/Consumption Hubs in the Major Regions
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Region
Major Players Mentioned in the report
- Arista Networks, Inc
- Cisco Systems, Inc
- Juniper Networks, Inc
- NVIDIA Corporation
- VOLANSYS Technologies (An ACL Digital Company)
- Intel Corporation
- Advanced Micro Devices, Inc
- Marvell
- Netronome
- Apcela
- Corelight, Inc
- SolarWinds Worldwide, LLC
- Auvik Networks Inc
- Icinga GmbH
- ExtraHop Networks
Scope of the Report
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
By Component
- Solutions
- Services
- Consulting
- Integration and Deployment
- Training, Support, and Maintenance
By Deployment
- On-Premise
- Cloud
By Enterprise Size
- Small and Medium Enterprises
- Large Enterprises
By End User
- Service Providers
- Telecom Service Providers (TSPs)
- Cloud Service Providers (CSPs)
- Managed Service Providers (MSPs)
- Others
- Verticals
For more information about this report visit https://www.researchandmarkets.com/r/keqg3r
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