Press release
Log Management Market to Reach Record High By 2027, Latest Report
Log management is a set of processes and approach to facilitate and administer the generation, analysis, transmission, storage, archiving, and reporting of huge volumes of log data created within a system or network. These logs are also known as audit records, audit trails, and event-logs which are generated by all components of software stack including networks, servers, containers, cloud infrastructure, applications, application infrastructure, message bus, load balancers, and others. Log management enables developers, IT operators, and security professionals to troubleshoot and analyze root cause discrepancies of modern or advance applications and help them in improving software code quality. Also, advance log management functionalities offer business insights, security analytics, and compliance benefits.Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the business for future challenges in advance.
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The research offers a detailed segmentation of the Log Management Market. Key segments analyzed in the research include Application Type, End User Type, Geography and more. Extensive analysis of sales, revenue, growth rate, and market share of each Application Type, End User Type for the historic period and the forecast period is offered with the help of tables.
Rise in sophistication of Advanced Persistent Threats (APTs) drive the demand for log management solutions among various industries, proliferation of cloud-based log management platforms; that increase availability of computer-generated log data accessible to IT engineers, developers, and business analysis on-demand, and increase in number of networks and IoT devices is expected to boost the log management market growth. However, unavailability of open-source log management solutions hampers the growth of the log management market. Furthermore, responsive log management solutions with artificial intelligence and analytical advantages or features are expected to create significant revenue growth opportunities for the log management market.
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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
The key players profiled in the log management market analysis are Alert Logic, Inc., AT&T Cybersecurity (Alienvault), Blackstratus, Inc., International Business Machines (IBM) Corporation, Intel Corporation, LogRhythm, Inc., Sematext Group, SolarWinds, Inc. (Loggly), Splunk, Inc., and Veriato, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future log management market trends are outlined to determine the overall attractiveness of the market.
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The report offers key drivers that propel the growth in the Log Management Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global log management market share along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global log management industry.
The quantitative analysis of the global market from 2018–2026 provided to determine the market potential.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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