Network Telemetry Market News, Regional Insights, Top Key Players and Segment Analysis by Forecast to 2030
Market
Overview
Network Telemetry is a
framework that allows the collection and reporting of network state, through a
data plane, without intervention or work by the control plane. The rise in
demand for network infrastructure optimization is driving the Network Telemetry Market size.
Another key
driving factor is the rise of security breaches and network attacks and the
need to provide effective solutions for downtime issues. The increased rate of
adoption of network telemetry in small and medium-sized enterprises is highly
boosting the market expansion. The market is undergoing a dynamic transition as
advancements in network architecture and emerging networking technologies are
rising the demand for efficient telemetry solutions.
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An increase in
industry competition is pressuring the enterprises to reduce network downtimes
to ensure a competitive edge. This factor is leading to a higher demand for
network telemetry tools. The adoption of technologies with innovative and
advanced solutions such as the artificial intelligence internet of things and
others are the factors that will propel the market’s demand in the future
years. The rising opportunities will fuel up the market growth rate, such as
the requirements for handling massive network performance data and optimizing
operational processes will propel the market.
The other essential
factors accelerating the Network
Telemetry Market are an increase in the number of
network-related attacks and data security breaches. The key industrial player’s
development will advance the market growth. The Network Telemetry Market is
predicted to reach 39.4% CAGR and a value of USD 826.1 Million by 2025 during
the evaluation period.
Regional
Analysis
According to the
geographical report, the Network
Telemetry Market covers major continents worldwide, such
as the North American region, European region, Asia Pacific, the Middle East
and Africa, and The South American region.
North America is
anticipated as the leading region with maximum market share. The presence of
prominent industrial players is boosting up the regional market. Other factors
propelling the regional market are a continuous higher investment and a focus
on optimizing the network infrastructure.
Followed by North
America, the European market occupies the second position in the market. The
major regions accelerating the regional market of Europe are the UK, Germany,
France, and the rest of Europe. According to the report, the UK holds the
highest market share, followed by Germany and France. The rise in need to solve
the downtime issues is propelling the regional market of Europe.
Market
Segments
The Network Telemetry Market is
segmented based on component, end-user, and organization size.
The component section
of the market is divided into solutions and services. The services part is
categorized into integration and deployment, consulting, and support and
maintenance.
The end-users section
of the market is comprised of service providers and enterprises. The service
providers include cloud service providers, telecom service providers, managed
service providers, and others.
The organization size
type of the network telemetry market is classified into large enterprises and
small and medium-sized enterprises.
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Industry News
Pluribus Networks, a
leader in cloud networking, announced the release of seven of its Linux-based
Netvisor® ONE network operating system (OS) and Adaptive Cloud Fabric™ SDN
software. Just off the heels of an investment of $20M from Morgan Stanley Expansion
Capital, Pluribus continues innovating with the seventh generation of
industry-leading cloud networking solutions.
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