Network Telemetry Market Trend, Technology Innovations and Growth Prediction by 2026
The network telemetry market is expected to capture sizable growth fueled by rising technology adoption by telecommunication service providers and cloud service providers. Telemetry in networking means how information from numerous data sources is gathered, by using an assortment of automated communication processes, and transferring it to receiving equipment for analysis. It is used for resolving downtime issues by service providers.
Some of the processes involved in it include event correlation, anomaly detection, performance monitoring, metric calculation, trend analysis and among others. Firms operating in the network telemetry industry are working towards the development of new solutions and systems. For instance, in 2019, supplier of end-to-end interconnect solutions for storage systems and data center servers, Mellanox Technologies, launched its advanced network telemetry technology for private cloud, public cloud, and enterprise computing. Based on such innovations, GMI, Inc., estimates that the network telemetry market is projected to experience decent growth until 2026.
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Mentioned below are some of the key trends that may propel network telemetry market outlook:
Multiple product benefits
Network telemetry is a part of an up-to-date Information Technology data center operation. The foundation for an effective network analytics and automation is having the perceptibility into how a network is used and what it is doing.
Telemetry can predict network capacity growth, to help in accelerating the network troubleshooting and to measure network performance. Moreover, the right kind of telemetry data can empower network operators to address the network blind sides and to make sure their business systems are working proficiently.
LATAM and MEA emerging as lucrative business grounds
The Latin America network telemetry industry is anticipated to record a CAGR of more than 35% in the upcoming years. Rising internet traffic and efforts to modernize network infrastructure are expected to be the key growth drivers for the regional market.
Meanwhile, the Middle East & Africa network telemetry market is projected to foresee decent growth. In 2019, the market in MEA witnessed a share of over 10%, majorly credited to increasing adoption of network telemetry for network security and cyberattack monitoring.
Incorporation of network telemetry architecture
A network telemetry architecture consists of three functional components, the data collector, data analyzer and data exporter. The data collector is a part of a network and/or management system that collects data from one or more data sources, processes this data and then stores them in the appropriate format.
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The data analyzer processes data from the collector/s and provides actionable insights, such as developing simple statistical reports to surveying the network ability or foreseeing future network issues.
Whereas the data exporter is a type of network device that creates data. It can be a management system which obtains resource data, IGP/BGP routing information, network inventory, and other kinds of information that gives data to be measured, so as to understand the network telemetry data.
Table of Contents (ToC) of the report:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope
1.1.5. Definitions
1.1.6. Methodology & forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.1.1. Paid sources
1.2.1.2. Public sources
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Network telemetry market 360º synopsis, 2015 – 2026
2.2. Business trends
2.3. Regional trends
2.4. Component trends
2.5. Deployment model trends
2.6. Enterprise size trends
2.7. Application trends
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