Global IT Monitoring Tools Market 2022-2026
The analyst has been monitoring the IT monitoring tools market and it is poised to grow by $ 36.30 bn during 2022-2026, accelerating at a CAGR of 30.06% during the forecast period. Our report on the IT monitoring tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by improving efficiency of IT operations, emergence of algorithmic IT operations analytics, and expansion of IoT infrastructure.
The IT monitoring tools market analysis includes the product segment and geographic landscape.
The IT monitoring tools market is segmented as below:
By Product
• ITOA
• ITIM
• Others
By Geographical Landscape
• North America
• Europe
• APAC
• South America
• Middle East and Africa
This study identifies the increasing use of big data for IT monitoring and analytics as one of the prime reasons driving the IT monitoring tools market growth during the next few years. Also, the growing adoption of cloud-based monitoring tools and the growing adoption of software-defined data centers will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on IT monitoring tools market covers the following areas:
• IT monitoring tools market sizing
• IT monitoring tools market forecast
• IT monitoring tools market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IT monitoring tools market vendors that include BMC Software Inc., Broadcom Inc., Circonus Inc., Datadog Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., ITRS Group Ltd., Micro Focus International Plc, Microsoft Corp., Nagios Enterprises LLC., NetScout Systems Inc., New Relic Inc., Paessler AG, SAS Institute Inc., SolarWinds Corp., Splunk Inc., VMware Inc., Zabbix LLC., Zenoss Inc., and Zoho Corp. Pvt. Ltd. Also, the IT monitoring tools market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.