The demand for network telemetry is on the rise on account of increasing demand for optimization of network infrastructure. These solutions enable large enterprises to manage their routine network-based business operations. Moreover, the demand across industry verticals and service providers is expected to increase due to rapid changes in IT infrastructure. Growing data consumption and increasing mobility create a favorable landscape for the network telemetry market during the forecast period.
MARKET SCOPE
The "Global Network Telemetry Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the network telemetry market with detailed market segmentation by component, organization size, end user, and geography. The report provides key statistics on the market status of the leading network telemetry market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global network telemetry market is segmented into solution and services.
- On the basis of organization size, the market is segmented into large enterprises and SMEs.
- Based on end user, the market is segmented into telecom service providers, managed service providers, cloud service providers, and others.
MARKET DYNAMICS
Drivers:
- The network telemetry market is anticipated to grow in the forecast period owing to driving factors such as rising incidences of security breaches and network attacks. Also, the increasing need to resolve downtime issues quickly is further expected to fuel market growth.
- Technologies such as the Internet of Things and artificial intelligence would create numerous growth prospects for the market players in the coming years.
Restraints:
- Regulatory issues may hamper the growth of the network telemetry market during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The network telemetry market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the network telemetry market in these regions.
IMPACT OF COVID-19 ON NETWORK TELEMETRY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the network telemetry market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from network telemetry market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the network telemetry market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Apcela
- Arista Networks, Inc.
- Intel Corporation
- Cisco Systems, Inc.
- Keysight Technologies
- Juniper Networks, Inc.
- NVIDIA Corporation
- Pluribus Networks
- Xilinx
- VOLANSYS Technologies
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.