Network Telemetry Market Research Report: By Component (Solutions, Services), Organization Size (Large Enterprises, SMEs), Deployment Mode (Cloud, On-Premise), End User (Telecom Service Providers, Cloud Service Providers, Managed Service Providers) - Global Industry Analysis and Growth Forecast to 2030

Market Overview

In 2020, the global market for network telemetry solutions and services generated revenue of ~$300 million, and it is expected to display steady growth during the forecast period (2021–2030). The major factors responsible for the growth of the market are the increasing digitalization rate, increasing number of network security attacks, quick adoption of network telemetry solutions by many organizations and service providers, such as telecom and consultancy providers, and rising demand for the optimization of the network infrastructure.

The coronavirus pandemic has influenced numerous businesses. Since network telemetry is related to networking and due to the lockdowns, many organizations are operating from home, they require such solutions and services. So, the network telemetry market is witnessing a positive impact of the pandemic.

Services Category To Show Significant Growth in Upcoming Years

The market for network telemetry solutions, based on component, is bifurcated into solutions and services. Of these, the services category is expected to grow at a higher CAGR during the forecast period This can be credited to the rapidly increasing adoption of network telemetry solutions across organizations worldwide, which is generating a high demand for consulting services, deployment services, maintenance services, and training services.

Telecom Service Providers Held Largest Revenue Share in Network Telemetry Market

The largest end users of network telemetry services and solutions are telecom service providers and is projected to witness the fastest growth during the forecast period. This can be attributed to the increasing use of network telemetry services and solutions by telecom service providers, such as Telefonica UK Limited to analyze, optimize, and manage their network communication infrastructure.

North America Is Largest Market for Network Telemetry Services & Solutions

North America was the largest market for network telemetry services and solutions in 2020. This can be ascribed to the large number of network telemetry organizations in this region, such as Arista Networks Inc., Netronome Systems Inc., and Cisco Systems Inc.

Market Players Collaborating with Each Other to Strengthen Their Position

In recent years, many organizations have collaborated to gain a significant position in the market. For instance, in February 2021, Forescout Technologies Inc. partnered with Arista Networks Inc. to integrate its eyeSegment with Arista Networks Inc.’s CloudVision, to set the foundation of zero-trust defense for the enterprise of things. Similarly, in August 2019, Mellanox Technologies Ltd. partnered with VMware Inc. to provide networking solutions.

Growing Number of Network Attacks and Security Breaches Driving Market Growth

The increasing penetration of the internet is being accompanied by the rising number of cyberattacks throughout the world. Organizations’ servers and networks are penetrated and critical data is taken during such attacks, thus leading to enormous losses. Programmers are hacking and stealing information from different sources in the workplace such as from internet of things (IoT) gadgets that are associated with a centralized network. In order to protect the data and prevent cyberattacks, many organizations are adopting network telemetry services and solutions, thus propelling the market growth.

Increasing Demand for Optimization of Network Infrastructure also Propelling Market Advance

As the world is digitalizing fast, there is an increasing demand for the optimization of the network infrastructure. This can be credited to the rise in the internet traffic and the need to solve downtime issues. For instance, when real-time data is sent to more than one location by network devices, the system becomes unavailable for some time, which leads to downtime. In order to solve this issue, the network infrastructure should be optimized, and to do this, network telemetry services and solutions are used. These factors are driving the growth of the network telemetry market.

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Players Are Entering into Partnerships

Major players operating in the global network telemetry market are Cisco Systems Inc., Juniper Networks Inc., Arista Networks Inc., Mellanox Technologies Ltd., Pluribus Networks Inc., Barefoot Networks Inc., Solarflare Communications Inc., VOLANSYS Technologies Pvt. Ltd., Marvell Semiconductor Inc., and Netronome Systems Inc.

They are entering into partnerships owing to the potential of network telemetry services and solutions. For instance,

In October 2019, Juniper Networks Inc. partnered with Telefonica UK Limited to build Fusion Network, a cloud-enabled secured and automated network infrastructure. Through this partnership, Juniper Networks Inc. became the strategic network internet protocol (IP) partner of Telefonica UK Limited.

In May 2019, Pluribus Networks Inc. entered into a partnership with Vapor IO Inc. to position its Netvisor ONE operating system (OS) 5.0 and Adaptive Cloud Fabric at many kinetic edge sites of Vapor IO Inc. in the US. Through this partnership, Vapor IO Inc. is connecting its data center sites with comprehensive telemetry capabilities.

Key Players in Network Telemetry Market Are:

Market Size Breakdown by Segments

The global network telemetry market report offers comprehensive market segmentation analysis along with market estimation for the period 2015-2030.

Based on Component

• Solutions
• Services
  • Professional services
  • Managed services

Based on Organization Size

• Large Enterprises
• SMEs

Based on Deployment Mode

• Cloud
• On-Premise

Based on End User

• Telecom Service Providers
• Cloud Service Providers
• Managed Service Providers

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America (LATAM)
  • Brazil
  • Mexico
• Middle East and Africa (MEA)
  • Saudi Arabia
  • South Africa