The network telemetry market is anticipated to have a significant CAGR of 15.2% during the period of 2022 to 2032. The network telemetry market is predicted to grow from USD 368.7 Million in 2022 to USD 1.5 Billion in 2032. Previously, the market was thriving at a higher CAGR of 53.3% (2015 to 2021), resulting in a market size of USD 267.0 Million in 2021.
Increased investment in research & development would pave the way for information technology breakthroughs to take the network telemetry market forward.
Increased network attacks and security breaches, as well as a growing requirement to promptly remedy downtime issues, are projected to propel the network telemetry market forward. During the forecast period, the need to handle enormous network performance data and developing technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and Software-Defined Networking (SDN) are expected to provide network telemetry suppliers with numerous market opportunities.
Attributes | Details |
---|---|
Network Telemetry Market CAGR (2022 to 2032) | 15.2% |
Network Telemetry Market Size (2022) | USD 368.7 Million |
Network Telemetry Market Size (2032) | USD 1.5 Billion |
Increased funding for the growth and development of advanced and automated technology/machinery to manage large volumes of structured and unstructured data has resulted from an increase in strategic market alliances, boosting the demand for network telemetry.
Increased investment in Research and Development capabilities would pave the path for information technology advances. The network telemetry market will benefit even more from the increased integration of artificial intelligence and machine learning technology. One of the factors driving the network telemetry market growth is the increasing number of small and medium-sized businesses around the world.
In other words, the market's growth rate is directly influenced by the increased number of retail and e-commerce, banking, financial services, and insurance (BFSI), education, government and public sector, healthcare and life sciences, manufacturing, energy and utilities, telecommunications, and IT industries.
The growth of network telemetry market value is fueled by rising modernization, urbanization, and globalization. Rising investment in labor management and quality control, as well as a strengthening IT industry in developing nations like India and China, would provide a plethora of prospects for network telemetry market expansion.
Other network telemetry market growth variables include the expansion of industrial infrastructure and the rising necessity to manage compliance contracts and rules. Furthermore, in the projected period, the increasing spread of high-speed internet in developing economies would provide profitable prospects for network telemetry market players.
The growing need to defend an organization's network from unauthorized and unusual strikes will drive the market's future expansion.
The network telemetry market's expansion will be hampered by a lack of technical skills. Furthermore, many companies are unaware of the technology's existence, which will limit the adoption of network telemetry. Furthermore, the cessation of corporate activity due to the coronavirus pandemic will generate new obstacles.
The network telemetry market is segmented into components, organizational size, end-use, and region.
According to FMI, based on the component, the solution segment has the highest potential in the network telemetry market, with an anticipated CAGR of 14.6% during the forecast period. This growth can be due to the widespread adoption of network telemetry solutions among businesses and service providers. The benefit of network telemetry solutions is that they lower network management expenses, while also lowering IT expenditures.
Service providers are likely to hold a greater market share in the network telemetry market by end-user, with a CAGR of 15% expected over the forecast period. Telecom and Cloud Service Providers (CSPs) are increasingly using network telemetry systems to manage, analyze, and improve their whole network infrastructure.
Advanced network telemetry systems can help with network capacity planning and management, as well as provide protection against malware and DDoS attacks. Service providers are projected to seek network telemetry solutions as a result of such essential issues.
Regions | CAGR (2022 to 2032) |
---|---|
United States | 15% |
United Kingdom | 14.3% |
China | 14.7% |
Japan | 14.2% |
South Korea | 13.7% |
Due to the rapid adoption of modern technologies and infrastructure that helps them virtualize their IT infrastructure and permit improved network management, the US is predicted to develop at the fastest CAGR of 15% throughout the projection period. Rapid changes in IT architecture, such as cloud and virtualization, have put a great amount of demand on network administrators to manage their networks.
The demand for network telemetry solutions is likely to rise across verticals and service providers as a result. During the forecast period, China and Japan will continue to have significant growth, with CAGRs of 14.7% and 14.2%, respectively.
This is due to the growing rate of economic digitalization, increased real estate industry application, and increased investments in the construction of IT infrastructure in this region. As a result, players in the global network telemetry market will focus on increasing their business potential in the region, while also attempting to grow into new regions.
Due to the increased adoption of telemetry solutions for cloud network analysis and security management, the network telemetry market in Europe held a large revenue share of over 25% in 2019. The increased use of telemetry technologies to assist data center virtualization in the United Kingdom and Germany has boosted market growth.
European cloud computing SMEs are increasingly embracing telemetry technologies for effective network management and the reduction of cybersecurity regulation violations, which is affecting the market growth.
Players in the network telemetry market are primarily focused on the creation of creative and efficient goods. The findings illustrate how rivals are capitalizing on the potential in the network telemetry market. The following are some of the most recent advancements in the network telemetry market:
Table 1: Global Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 2: Global Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 3: Global Market Value (US$ Million), By Component, 2015 to 2021
Table 4: Global Market Value (US$ Million), By Component, 2022 to 2032
Table 5: Global Market Value (US$ Million), By End User, 2015 to 2021
Table 6: Global Market Value (US$ Million), By End User, 2022 to 2032
Table 7: Global Market, By Region, 2015 to 2021
Table 8: Global Market, By Region, 2022 to 2032
Table 9: North America Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 10: North America Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 11: North America Market Value (US$ Million), By Component, 2015 to 2021
Table 12: North America Market Value (US$ Million), By Component, 2022 to 2032
Table 13: North America Market Value (US$ Million), By End User, 2015 to 2021
Table 14: North America Market Value (US$ Million), By End User, 2022 to 2032
Table 15: North America Market, By Country, 2015 to 2021
Table 16: North America Market, By Country, 2022 to 2032
Table 17: Latin America Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 18: Latin America Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 19: Latin America Market Value (US$ Million), By Component, 2015 to 2021
Table 20: Latin America Market Value (US$ Million), By Component, 2022 to 2032
Table 21: Latin America Market Value (US$ Million), By End User, 2015 to 2021
Table 22: Latin America Market Value (US$ Million), By End User, 2022 to 2032
Table 23: Latin America Market, By Country, 2015 to 2021
Table 24: Latin America Market, By Country, 2022 to 2032
Table 25: Europe Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 26: Europe Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 27: Europe Market Value (US$ Million), By Component, 2015 to 2021
Table 28: Europe Market Value (US$ Million), By Component, 2022 to 2032
Table 29: Europe Market Value (US$ Million), By End User, 2015 to 2021
Table 30: Europe Market Value (US$ Million), By End User, 2022 to 2032
Table 31: Europe Market, By Country, 2015 to 2021
Table 32: Europe Market, By Country, 2022 to 2032
Table 33: Asia Pacific Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 34: Asia Pacific Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 35: Asia Pacific Market Value (US$ Million), By Component, 2015 to 2021
Table 36: Asia Pacific Market Value (US$ Million), By Component, 2022 to 2032
Table 37: Asia Pacific Market Value (US$ Million), By End User, 2015 to 2021
Table 38: Asia Pacific Market Value (US$ Million), By End User, 2022 to 2032
Table 39: Asia Pacific Market, By Country, 2015 to 2021
Table 40: Asia Pacific Market, By Country, 2022 to 2032
Table 41: MEA Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 42: MEA Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 43: MEA Market Value (US$ Million), By Component, 2015 to 2021
Table 44: MEA Market Value (US$ Million), By Component, 2022 to 2032
Table 45: MEA Market Value (US$ Million), By End User, 2015 to 2021
Table 46: MEA Market Value (US$ Million), By End User, 2022 to 2032
Table 47: MEA Market, By Country, 2015 to 2021
Table 48: MEA Market, By Country, 2022 to 2032
Table 49: Global Market Incremental $ Opportunity, By Organization Size, 2015 to 2021
Table 50: Global Market Incremental $ Opportunity, By Component, 2022 to 2032
Table 51: Global Market Incremental $ Opportunity, By End User, 2015 to 2021
Table 52: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 53: North America Market Incremental $ Opportunity, By Organization Size, 2015 to 2021
Table 54: North America Market Incremental $ Opportunity, By Component, 2022 to 2032
Table 55: North America Market Incremental $ Opportunity, By End User, 2015 to 2021
Table 56: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 57: Latin America Market Incremental $ Opportunity, By Organization Size, 2015 to 2021
Table 58: Latin America Market Incremental $ Opportunity, By Component, 2022 to 2032
Table 59: Latin America Market Incremental $ Opportunity, By End User, 2015 to 2021
Table 60: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 61: Europe Market Incremental $ Opportunity, By Organization Size, 2015 to 2021
Table 62: Europe Market Incremental $ Opportunity, By Component, 2022 to 2032
Table 63: Europe Market Incremental $ Opportunity, By End User, 2015 to 2021
Table 64: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 65: Asia Pacific Market Incremental $ Opportunity, By Organization Size, 2015 to 2021
Table 66: Asia Pacific Market Incremental $ Opportunity, By Component, 2022 to 2032
Table 67: Asia Pacific Market Incremental $ Opportunity, By End User, 2015 to 2021
Table 68: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 69: MEA Market Incremental $ Opportunity, By Organization Size, 2015 to 2021
Table 70: MEA Market Incremental $ Opportunity, By Component, 2022 to 2032
Table 71: MEA Market Incremental $ Opportunity, By End User, 2015 to 2021
Table 72: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
Figure 1: Global Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 3: Global Market Share, By Organization Size, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 6: Global Market Share, By Component, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Component - 2022 to 2032
Figure 9: Global Market Share, By End User, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By End User - 2022 to 2032
Figure 11: Global Market Attractiveness Index, By End User - 2022 to 2032
Figure 12: Global Market Share, By Region, 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032
Figure 14: Global Market Attractiveness Index, By Region - 2022 to 2032
Figure 15: North America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 16: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 17: North America Market Share, By Organization Size, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 19: North America Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 20: North America Market Share, By Component, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 22: North America Market Attractiveness Index, By Component - 2022 to 2032
Figure 23: North America Market Share, By End User, 2022 & 2032
Figure 24: North America Market Y-o-Y Growth Projections, By End User - 2022 to 2032
Figure 25: North America Market Attractiveness Index, By End User - 2022 to 2032
Figure 26: North America Market Share, By Country, 2022 & 2032
Figure 27: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 28: North America Market Attractiveness Index, By Country - 2022 to 2032
Figure 29: Latin America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 30: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 31: Latin America Market Share, By Organization Size, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 33: Latin America Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 34: Latin America Market Share, By Component, 2022 & 2032
Figure 35: Latin America Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 36: Latin America Market Attractiveness Index, By Component - 2022 to 2032
Figure 37: Latin America Market Share, By End User, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projections, By End User - 2022 to 2032
Figure 39: Latin America Market Attractiveness Index, By End User - 2022 to 2032
Figure 40: Latin America Market Share, By Country, 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 42: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Figure 43: Europe Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 44: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 45: Europe Market Share, By Organization Size, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 47: Europe Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 48: Europe Market Share, By Component, 2022 & 2032
Figure 49: Europe Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 50: Europe Market Attractiveness Index, By Component - 2022 to 2032
Figure 51: Europe Market Share, By End User, 2022 & 2032
Figure 52: Europe Market Y-o-Y Growth Projections, By End User - 2022 to 2032
Figure 53: Europe Market Attractiveness Index, By End User - 2022 to 2032
Figure 54: Europe Market Share, By Country, 2022 & 2032
Figure 55: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 56: Europe Market Attractiveness Index, By Country - 2022 to 2032
Figure 57: MEA Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 58: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 59: MEA Market Share, By Organization Size, 2022 & 2032
Figure 60: MEA Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 61: MEA Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 62: MEA Market Share, By Component, 2022 & 2032
Figure 63: MEA Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 64: MEA Market Attractiveness Index, By Component - 2022 to 2032
Figure 65: MEA Market Share, By End User, 2022 & 2032
Figure 66: MEA Market Y-o-Y Growth Projections, By End User - 2022 to 2032
Figure 67: MEA Market Attractiveness Index, By End User - 2022 to 2032
Figure 68: MEA Market Share, By Country, 2022 & 2032
Figure 69: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 70: MEA Market Attractiveness Index, By Country - 2022 to 2032
Figure 71: Asia Pacific Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 72: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 73: Asia Pacific Market Share, By Organization Size, 2022 & 2032
Figure 74: Asia Pacific Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 75: Asia Pacific Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 76: Asia Pacific Market Share, By Component, 2022 & 2032
Figure 77: Asia Pacific Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 78: Asia Pacific Market Attractiveness Index, By Component - 2022 to 2032
Figure 79: Asia Pacific Market Share, By End User, 2022 & 2032
Figure 80: Asia Pacific Market Y-o-Y Growth Projections, By End User - 2022 to 2032
Figure 81: Asia Pacific Market Attractiveness Index, By End User - 2022 to 2032
Figure 82: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 83: Asia Pacific Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 84: Asia Pacific Market Attractiveness Index, By Country - 2022 to 2032
Figure 85: US Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 86: US Market Share, By Organization Size, 2021
Figure 87: US Market Share, By Component, 2021
Figure 88: US Market Share, By End User, 2021
Figure 89: Canada Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 90: Canada Market Share, By Organization Size, 2021
Figure 91: Canada Market Share, By Component, 2021
Figure 92: Canada Market Share, By End User, 2021
Figure 93: Brazil Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 94: Brazil Market Share, By Organization Size, 2021
Figure 95: Brazil Market Share, By Component, 2021
Figure 96: Brazil Market Share, By End User, 2021
Figure 97: Mexico Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 98: Mexico Market Share, By Organization Size, 2021
Figure 99: Mexico Market Share, By Component, 2021
Figure 100: Mexico Market Share, By End User, 2021
Figure 101: Germany Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 102: Germany Market Share, By Organization Size, 2021
Figure 103: Germany Market Share, By Component, 2021
Figure 104: Germany Market Share, By End User, 2021
Figure 105: UK Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 106: UK Market Share, By Organization Size, 2021
Figure 107: UK Market Share, By Component, 2021
Figure 108: UK Market Share, By End User, 2021
Figure 109: France Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 110: France Market Share, By Organization Size, 2021
Figure 111: France Market Share, By Component, 2021
Figure 112: France Market Share, By End User, 2021
Figure 113: Italy Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 114: Italy Market Share, By Organization Size, 2021
Figure 115: Italy Market Share, By Component, 2021
Figure 116: Italy Market Share, By End User, 2021
Figure 117: BENELUX Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 118: BENELUX Market Share, By Organization Size, 2021
Figure 119: BENELUX Market Share, By Component, 2021
Figure 120: BENELUX Market Share, By End User, 2021
Figure 121: Nordic Countries Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 122: Nordic Countries Market Share, By Organization Size, 2021
Figure 123: Nordic Countries Market Share, By Component, 2021
Figure 124: Nordic Countries Market Share, By End User, 2021
Figure 125: China Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 126: China Market Share, By Organization Size, 2021
Figure 127: China Market Share, By Component, 2021
Figure 128: China Market Share, By End User, 2021
Figure 129: Japan Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 130: Japan Market Share, By Organization Size, 2021
Figure 131: Japan Market Share, By Component, 2021
Figure 132: Japan Market Share, By End User, 2021
Figure 133: South Korea Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 134: South Korea Market Share, By Organization Size, 2021
Figure 135: South Korea Market Share, By Component, 2021
Figure 136: South Korea Market Share, By End User, 2021
Figure 137: GCC Countries Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 138: GCC Countries Market Share, By Organization Size, 2021
Figure 139: GCC Countries Market Share, By Component, 2021
Figure 140: GCC Countries Market Share, By End User, 2021
Figure 141: South Africa Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 142: South Africa Market Share, By Organization Size, 2021
Figure 143: South Africa Market Share, By Component, 2021
Figure 144: South Africa Market Share, By End User, 2021
Figure 145: Turkey Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 146: Turkey Market Share, By Organization Size, 2021
Figure 147: Turkey Market Share, By Component, 2021
Figure 148: Turkey Market Share, By End User, 2021
The network telemetry market is projected to have a CAGR of 15.2% during the forecast period.
The USA is the leading region, with an anticipated CAGR of 15% through 2032.
Solutions leads the market with the projected CAGR of 14.6% through 2032.
The network telemetry market is predicted to grow to USD 1.5 billion by 2032.
Service providers lead the market with the projected CAGR of 15% by 2032.
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