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Network Telemetry Market Size

Report ID: GMI4508
Published Date: May 2020
Report Format: PDF

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Network Telemetry Market Size

Network Telemetry Market size exceeded USD 350 million in 2019 and is anticipated to grow at over 30% CAGR between 2020 and 2026.

The market is expected to undergo a dynamic transition as advancements in network architecture and emerging networking technologies are driving the demand for efficient telemetry solutions. Rising industry competition has pressurized enterprises in reducing network downtimes for ensuring a competitive edge in a dynamic market. This has led to a rapid surge in the market demand for network telemetry tools.

Network Telemetry Market

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Network Telemetry Market Report Attributes
Report Attribute	Details
Base Year:	2019
Network Telemetry Market Size in 2019:	USD 350 Million (2019)
Forecast Period:	2020 to 2026
Forecast Period 2020 to 2026 CAGR:	30%
2026 Value Projection:	USD 2.5 Billion (2026)
Historical Data for:	2016 to 2018
No. of Pages:	170
Tables, Charts & Figures:	267
Segments covered:	Component, Deployment Model, Enterprise Size, Application and Region
Growth Drivers:	Rising incidents of cybersecurity breaches and network attacks Growing demand for optimized network infrastructure Increasing pressure on enterprises to resolve network downtime issues quickly Surging penetration of emerging technologies including SDN and NFV
Pitfalls & Challenges:	High upfront investments Compatibility issues due to prevalence of legacy network systems

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of network telemetry exceeded USD 350 million in 2019.

The industry share of network telemetry is anticipated to grow at over 30% CAGR between 2020 and 2026.

Europe market held a significant revenue share of around 25% in 2019 due to increasing uptake of telemetry solutions for cloud network analysis and security management.

Some of the key players in the market are Anuta Networks International LLC, Apcela, Arista Networks, Inc., Barefoot Networks, Cisco Systems, Inc., Google LLC, Juniper Networks, Inc., Kaloom, Inc., Marvell Technology Group, Mellanox Technologies Ltd., NetAcquire Corporation, Pluribus Networks, Inc., SevOne, Inc., Trimble, Inc., VOLANSYS Technologies, Waystream AB, and Xilinx, Inc.

The Cloud Service Provider (CSP) application segment domination in the Canada market can be attributed to rising usage of network telemetry tools by CSPs to predict and analyze performance issues proactively.