Network Telemetry Market Trends

Growth Drivers

Growth in R&D investment to Carve Way for Innovation- The increasing number of strategic market collaborations leads to increased allocations for the growth and development of advanced and automated technology tools aimed at managing large volumes of structured and unstructured data. In addition, innovation in ICT will be stimulated by increased levels of R&D investment. The market will also be given a boost by the increased integration of AI and machine learning as a service technologies. The global market for artificial intelligence is expected to increase by more than 120% year over year, with 883% of companies reporting AI as an important part of their business plans.
Increasing Number of Industries Globally to Induce Greater Demand and Supply- One major factor that has fostered market growth is the increasing number of SMEs all over the world. Also, the growth rate of the market is directly driven by an increasing number of banks, financial services and insurance (BFSI). Education, energy and utility, government and public sectors, health and life science, manufacturing, retail and e-commerce, telecommunication, IT industries are also major factors in this regard.
Many opportunities are presented by the advances in technology- As economies improve, the information and communication technology sector have a lot of room for growth. There is a growing demand for network telemetry as more and more people are using cloud computing services, and investing in new and advanced technologies.

Challenges

In the Longer Term, Growing Concerns About Limiting the Scope of Growth- A lack of technical knowledge will make it difficult to grow the market. To some sectors that will restrict market expansion, the existence of this technology is not known. In addition, the absence of business activity because of the coronavirus epidemic will make it more difficult to do so.
Market growth will be constrained by complexity linked to the development of cloud deployment models.
Insufficient awareness in underdeveloped regions, compatibility issues due to the proliferation of legacy network systems

Network Telemetry Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	39.4%
Base Year Market Size (2024)	USD 704.67 Million
Forecast Year Market Size (2037)	USD 52.89 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of network telemetry is assessed at USD 926.78 million.

The network telemetry market size was over USD 704.67 million in 2024 and is likely to reach USD 52.89 billion by the end of 2037, growing at around 39.4% CAGR during the forecast period i.e., between 2025-2037. Increase in network attacks and security breaches and need to handle massive network performance data will drive the market growth.

North America industry is anticipated to account for largest revenue share 34% by 2037, due to rapid adoption of advanced technologies and infrastructure helping them virtualize their IT infrastructure and facilitate advanced network management in the region.

The major players in the market are Juniper Networks, Arista Networks, Mellanox Technologies, Pluribus Networks, Barefoot Networks, Solarflare Communications, VOLANSYS Technologies, Nokia Corporation, IBM Corporation, and others.

Network Telemetry Market Trends