Log Management Market 2020-2025: Micro Focus, Rapid7, RSA, McAfee, Alert Logic, ManageEngine, Splunk, LogRhythm and Others.

According to Market Study Report, Log Management Market provides a comprehensive analysis of the Log Management Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, emerging opportunities of global industry. This report also provides market landscape and market share information in the Log Management Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Log Management Market size is expected to grow from USD 1.9 Billion in 2020 to USD 3.7 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period. This report spread across 161 Pages, Profiling 20 Companies and Supported with 130 Tables and 34 figures are now available in this research.

Top Companies profiled in the Log Management Market:
o SolarWinds (US)
o IBM (US)
o Micro Focus (UK)
o Rapid7 (US)
o RSA (US)
o McAfee (US)
o Alert Logic (US)
o ManageEngine (US)
o Splunk (US)
o LogRhythm (US)
o Sumo Logic (US)
o BlackStratus (US)
o Graylog (US)
o LogDNA (US)
o Humio (UK)
o Logit
o io (UK)
o Paessler AG (Germany)
o Sematext Group (US)
o XpoLog (US)
o Logz.io (US)

"The SMEs segment to hold higher market share during the forecast period"
The Small and Medium-sized Enterprises (SMEs) segment is expected to hold a higher market share during the forecast period. SMEs are increasingly deploying cloud-based log management solutions. The maintenance of active log management requires skills, which is difficult for SMEs due to limited staff. The cloud provides a feasible solution for the adoption of this technology. SMEs have budget constraints and therefore, they prefer cloud-based log management solutions. Cloud-based solutions are developed keeping in mind the limited budget of SMEs. In the coming years, it is expected that the low cost of the log management solutions would enable SMEs around the world to deploy the solution.

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"Cloud segment to grow at a higher CAGR during the forecast period"
The cloud deployment mode is expected to grow at a higher CAGR, as SMEs are rapidly adopting cloud-based network security software solutions, due to its cost-efficiency. It helps SMEs avoid costs associated with hardware, software, storage, and technical staff. Cloud-based solutions offer a unified platform in the form of Software as a service (SaaS)-based security services to secure business applications. It is also beneficial for organizations with strict budgets for security investments.

"North America to hold the largest market size during the forecast period"
North America is a frontrunner in technological adoption. The log management market in North America is competitive due to the presence of several solution providers. North America is highly regulated and controlled by various government standards and regulations. The major economies in this region are the US and Canada. The US and Canada have been expansively implementing log management applications to maintain compliance with the regulations and improve security and for better troubleshooting.

Breakdown of primary participants' profile:
o By Company: Tier 1 - 42%, Tier 2 - 36%, and Tier 3 - 22%
o By Designation: C-Level - 40%, Director Level - 35%, and Others - 25%
o By Region: North America - 45%, Europe - 30%, APAC - 15%, RoW - 10%

Competitive Landscape of Log Management Market:
1 Overview
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies

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Research Coverage:
The report includes an in-depth competitive analysis of the key players in the log management market along with their company profiles, recent developments, and key market strategies. The report segments the log management market by component, service, organization size, deployment mode, vertical, and region.

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