August 27, 2020
According to the recent research report titled ‘Network Telemetry Market Size, By Component, By Deployment Model, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, global network telemetry market is anticipated to record considerable growth during 2020-2026.
Increasing instances of network attacks and cybersecurity breaches, surging demand for optimized network infrastructure, growing pressure on enterprises to quick fix network downtime issues, and rising penetration of emerging technologies including NFV and SDN are majorly driving the growth of global network telemetry market.
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Telemetry in networking involves collecting data from various sources through an array of automated communication processes, and further transmitting this information to the receiving device for analysis. Processes such as anomaly detection, metric calculation, trend assessment, event correlation, and performance monitoring are involved in the analysis tasks.
Moreover, network telemetry, being a component of modern IT data center operation, helps to deliver efficient network analytics along with automation as it offers insights into functioning of the network. Telemetry can predict network capacity growth to evaluate its performance and accelerate network troubleshooting.
Besides, an appropriate telemetry data allows network operators to address network blind sides as well as enhances the functioning of business systems. The architecture of network telemetry consists of three functional components, namely, data analyzer, data collector, and data exporter.
Data exporter is a network device which generate information which is to be analyzed. Data collector is a part of management or/and network system that gathers information from various data sources and then processes the data. This processed data is stored in an appropriate format. Data analyzer processes information from data collectors and provides actionable insights. This can range from making statistical reports to surveying network capability to predict future network issues.
However, compatibility issues due to subsistence of legacy network systems and high upfront investments are likely to impede the growth of network telemetry market.
Citing the regional landscape, Latin America market is projected to expand with a CAGR of 35% over the analysis period, owing to increasing internet traffic and favorable initiatives to modernize network infrastructure across the region.
Meanwhile, Middle East & Africa (MEA) network telemetry industry held 10% share in 2019 and is poised to grow further, on account of growing adoption of network telemetry for cyberattack monitoring and network security.
Major players in global network telemetry market are Xilinx Inc., SevOne Inc., Mellanox Technologies Ltd., Marvell Technology Group, Juniper Networks Inc., Google LLC, Cisco Systems Inc., Arista Networks Inc., Apcela, and Anuta Networks International LLC.