Global IT Operations Analytics Market is Projected to Grow at a CAGR Value of 39.6% by Regional Outlook, Latest Trend, Share, Size, Application and Forecast to 2024

Global IT Operations Analytics Market accounted for USD 2.83billion in 2016 growing at a CAGR of 39.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The IT operations analytics is an analysis technique retrieve, analyze, and report data for IT operations. The process involves collection of data from various sources and identifying problems in advance of their occurrence.

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Major Market Drivers and Restraints:
• Increasing Adoption of Cloud Computing Networks
• Increasing Digitization
• Heavy Investments
• Continuous Updating of IT Operations Requires High Cost

Market Segmentation:

The global IT operations analytics market is segmentedon the basis application into real-time log analytics, application performance management, infrastructure management, network and security management and others.

On the basis of technology/tool, theglobal IT operations analytics market is segmented into visual analytics, machine-based learning, predictive analytics, user-behavior analytics and root-cause analytics.

By deployment model, the global IT operations analytics market is segmented into on-premises and on-demand.

By organization size, the global IT operations analytics market is segmented into large enterprises and small and medium sized enterprises.

On the basis of vertical, the global IT operations analytics market is further segmented into BFSI (Banking, Financial services and Insurance), healthcare and life sciences, retail and consumer goods, manufacturing, travel & hospitality, IT & telecommunicationmedia & entertainment, government and others.

On the basis of geography, global IT operations analytics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis:

The report for global IT operations analytics market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors:

Some of the major players of the global IT operations analytics market are IBM, SAP SE, Splunk Inc., Hewlett Packard Enterprise Development LP, Oracle, Nexthink, Sumo Logic, Prelert Inc, VM ware Inc, Extra Hop Networks, App Dynamics, Evolven Software, BAY DYNAMICS, Microsoft among others.

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