Cloud Monitoring Market 2022 Insights and Precise Outlook - AWS, Broadcom Inc. (CA Technologies), IDERA Inc., LogicMonitor Inc.

The Cloud Monitoring Market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides a comprehensive look at the regions such as North America, Europe, APAC, and ROW of the Cloud Monitoring Market.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendors/key players in the market. Top Companies in the Global Cloud Monitoring Market: AWS, Broadcom Inc. (CA Technologies), IDERA Inc., LogicMonitor Inc., Oracle Corporation, Microsoft Corporation, IBM Corporation, Datadog Inc., Zenoss Inc.

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The Cloud Monitoring Market was valued at USD 1335.75 million in 2020 and is expected to reach USD 4549.30 million by 2027, at a CAGR of 22.66% over the forecast period 2022 - 2028.

Industry News:

- June 2019 - Microsoft Corp. and Oracle Corp. announced a cloud interoperability partnership enabling customers to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud. Enterprises can now seamlessly connect Azure services, like Analytics and AI, to Oracle Cloud services, like Autonomous Database. By enabling customers to run one part of a workload within Azure and another part of the same workload within the Oracle Cloud, the partnership delivers a highly optimized, best-of-both-clouds experience.

- April 2019 - Logic monitor, a leading Software-as-a-Service (SaaS)-based performance monitoring platform for enterprise IT and Managed Service Providers, announced that it has achieved AWS DevOps competency status and is also now available on AWS Marketplace bringing its hybrid infrastructure monitoring and analytics solution to global AWS customers.

Scope of the report:

- End-user industries are incorporating cloud for scale and agility. However, gaining a clear view of performance in cloud environments can be a challenge. In order to intelligently manage the intricate, ever-changing applications and infrastructure, a monitoring solution is needed that's as dynamic as the cloud.

- Moreover, the growing adoption of cloud technology across industries such as BFSI, IT, retail, and various others is boosting the growth of cloud monitoring market. It is a significant part of an overall cloud management strategy, enabling IT administrators to review the operational status of cloud-based resources.

- Growing deployment of SaaS offerings such as customer relationship management, human capital management, enterprise resource management, and other financial applications forms a favorable environment for the adoption of cloud monitoring, especially in large organizations.

Key Trends:

Growing Demand from BFSI Sector to Augment the Market Growth:

- A shift toward modernization and digitization is occurring within the financial services industry, with institutions of all sizes shedding their caution about the cloud and embracing its capabilities.

- Deploying cloud allows financial institutions to experience shorter development cycles for new products, supporting a faster and more efficient response to the needs of banking customers.

- Banks and financial institutions have witnessed several data breaches. In the United Kingdom, the number of data breaches reported by UK financial services firms to the Financial Conduct Authority (FCA) increased 480% in 2018, 145 up from just 25 in 2017. Moreover, financial firms such as JP Morgan Chase also witnessed heavy data breaches.

The report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/02285848763/cloud-monitoring-market-growth-trends-covid-19-impact-and-forecasts-2022-2027?mode=206

Important Features of the report:

Detailed analysis of the Global Cloud Monitoring Market
Fluctuating market dynamics of the industry
Detailed market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of the Global Cloud Monitoring Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective toward Global Cloud Monitoring Market performance

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