Day: November 3, 2021

A number of factors, such as the growing network traffic, escalating digitalization rate, mounting demand for the optimization of the networking infrastructure, and rising incidence of network attacks and security breaches will contribute to the network telemetry market growth during the forecast period (2021–2030).

According to P&S Intelligence, the market generated $300 million in 2020. Moreover, the rising advancements in the internet of things (IoT) and artificial intelligence (AI) domains will support the market growth across the world. Another growth driver for the network telemetry market is the burgeoning demand for the optimization of the networking infrastructure, owing to the increasing internet traffic and surging need to solve downtime issues.

For example, when real-time data is transmitted to multiple locations through network devices, the server becomes unavailable for some time, thereby resulting in downtimes. To overcome this challenge, end-users are focusing on the optimization of the infrastructure, which can be achieved by deploying network telemetry solutions.

Geographically, North America accounted for the largest share in the network telemetry market in 2020 due to the presence of numerous players, such as Arista Networks Inc., Pluribus Networks Inc., and Juniper Networks Inc. Additionally, the early adoption of advanced technologies, such as AI and IoT, and strong competition within every end-use industry in the U.S. and Canada are expected to contribute to the market growth.

Further, in order to launch 5G services, telecom companies here will need to optimize their networks with this new technology. Therefore, the increasing number of network attacks and security breaches and escalating demand for network optimization are expected to drive the demand for network telemetry solutions.

The U.A.E. heating equipment market will advance at a CAGR of 2.9% during the forecast period (2020–2030) owing to the rising number of construction projects in the transportation sector of the country and expanding hospitality sector of Dubai. According to P&S Intelligence, the market was valued at $89.5 million in 2019, and it will generate $121.4 million revenue by 2030.

In recent years, energy-efficient heating systems have become a major trend in the market as they help in reducing greenhouse gas (GHG) emissions. The heating equipment demand in the U.A.E. is driven by the growth of the hospitality sector in the country. The expansion of the hospitality industry can be attributed to the surging construction of hotels due to the rising tourist activities and the ongoing Dubai Expo 2020.

Dubai has already welcomed 3.23 million international tourists between January and August 2021. Thus, after the economic and tourist slump induced by the COVID-19 pandemic, heating equipment sales might be on the path to recovering to the pre-pandemic level by the end of this or the next year. The type segment of the U.A.E. heating equipment market is categorized into boilers, furnaces, heat pumps, and unitary heaters.

Among these, the furnaces category is expected to account for the largest market share in the forecast years. It is further classified into electric, propane, and gasoline. Whereas, the heat pumps category will witness the fastest growth during the forecast period owing to the low cost and better energy management of heat pumps. This category is further classified into the water source, ground source, and air source.

This market research report provides a comprehensive overview of the market

• The Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential
• Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings