The Network Telemetry Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Network Telemetry Market Size and Projected Growth Rate?
The size of the network telemetry market has experienced an immense surge over the past few years. The market is set to expand from $0.69 billion in 2024 to $0.97 billion in 2025, boasting a compound annual growth rate (CAGR) of 40.8%. The rapid growth observed during the historical period can be credited to the increasing penetration rate of high-speed internet, the adoption of cutting-edge technologies by small-scale industries, escalating research and advancement in network technologies, contemporary upgrades, and expanding industrial infrastructure.
It is anticipated that the network telemetry market will experience impressive growth in the coming years, eventually reaching a worth of $3.79 billion in 2029, boasting a CAGR of 40.5%. This expected growth throughout the forecast period may be due to a rise in security breaches, increased demand for network infrastructure, greater levels of globalization, more pervasive penetration of network-enabled devices, and a surge in digitization. The forecast period will also see significant trends such as data innovation in network performance, increased utilization of emerging technologies like IoT, AI, and SDN, enhancements in technological functional systems, and the innovation in telemetry solutions aimed at enhancing business operations.
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What Are the Major Segments in the Network Telemetry Market?
The network telemetry market covered in this report is segmented –
1) By Components: Service, Solutions
2) By Deployment Type: Cloud-Based, On-Premise
3) By Organizational Size: Small Medium-Sized Enterprise, Large Enterprise
4) By End-Use: Verticals, Service Providers
Subsegments:
1) By Services: Consulting Services, Integration Services, Support And Maintenance Services, Training And Education Services
2) By Solutions: Hardware Solutions, Software Solutions, Cloud-Based Solutions, On-Premise Solutions
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What Are The Driving Network Telemetry Market Evolution?
The rising instances of network attacks and security intrusions are anticipated to fuel the expansion of the network telemetry market in the future. Network attacks and security intrusions mean illegitimate access or tampering with digital systems. The spread of devices connected to the internet, such as smartphones, IoT devices, and intelligent appliances, has amplified the realm for cybercriminals to attack. More devices being networked means more potential avenues for culprits to exploit weaknesses and achieve illegitimate access. Network telemetry can be utilized to improve threat detection, device response, and forensic scrutiny by utilizing immediate, high-quality network data for wide-ranging visibility and pre-emptive defence strategies. For example, a report by Israel-based software security provider Check Point in January 2023 showed a 38% escalation in global cyberattacks in 2022 versus 2021. The communications sector saw an average of 1,380 attacks per organization per week, symbolizing a 27% rise compared to 2021. In a similar vein, the Internet service provider/managed service provider (ISP/MSP) sector faced an average of 1,372 assaults per organization per week in 2022, signifying a 28% surge from the prior year. Therefore, the escalating frequency of network attacks and security intrusions is encouraging the growth of the network telemetry market.
Which Firms Dominate The Network Telemetry Market Segments?
Major companies operating in the network telemetry market are Verizon Communications Inc., Huawei Technologies Co. Ltd., accenture* plc, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company (HPE), Salesforce Inc., Tata Consultancy Services Limited, Capgemini SE, Cognizant, Infosys Limited, Lumen Technologies Inc., Telstra Corporation Ltd., VMware Inc., Wipro Ltd., Tech Mahindra Ltd., Palo Alto Networks Inc., Juniper Networks Inc., Amdocs Limited, Arista Networks Inc., Genpact Ltd., Netcracker Technology Corp., VOLANSYS Technologies
What Trends Are Expected to Dominate the Network Telemetry Market in the Next 5 Years?
Key players in the network telemetry market are concentrating on creating cutting-edge solutions such as cloud-based platforms, intending to expedite autonomous operations. Such platforms facilitate real-time tracking and examination of network traffic, a critical prerequisite for organizations to uphold network security, identify threats, and improve performance. For instance, Altice Labs SA, a Portugal-originated telecommunications equipment firm, unveiled the NOSSIS one network telemetry platform in March 2023. This platform, a cloud-based solution, is developed to speed up autonomous operations for digital service providers (DSPs). By using autonomic processes, the platform aims to allow networks to operate with minimal human intervention. The NOSSIS one platform merges the Altaia network mediation framework and backs up sophisticated network data gathering, stressing the significance of virtual, programmable networks and self-orchestrated OSS systems.
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Which Is The Largest Region In The Network Telemetry Market?
North America was the largest region in the network telemetry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network telemetry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Network Telemetry Market?
2. What is the CAGR expected in the Network Telemetry Market?
3. What Are the Key Innovations Transforming the Network Telemetry Industry?
4. Which Region Is Leading the Network Telemetry Market?
Why This Report Matters:
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