Press release
Infrastructure Monitoring Market Report Includes Dynamics, Products, and Application 2017 - 2032
Infrastructure Monitoring Market was valued at USD 1.78 billion in 2019 and is projected to reach USD 5.38 billion by 2027, growing at a CAGR of 17.65% from 2020 to 2027.The availability of IT infrastructure hosted in a data centre or the cloud as infrastructure as a service (IaaS) is tracked by software for IT infrastructure monitoring. This software tracks and compiles the availability and resource utilisation matrices of servers, networks, databases, hypervisors, and storage. These technologies, specifically, gather information in real time and analyse or track patterns in the variables they watch.
Frameworks and distributed computing have been characterised by rapid advancements in programming, enhancing the adaptability, elusiveness, and on-demand of the IT foundation.
The primary market participants in infrastructure monitoring have been working to promote technological development in this area, increasing market demand for infrastructure monitoring. Applications for infrastructure monitoring are found in a variety of industries, including mining, energy, civil infrastructure, aerospace & defence, and others.
The global infrastructure monitoring market has been driven by an increase in the use of advanced sensor technologies, expanding public-private partnerships for infrastructural growth, declining sensor costs that lower the cost of infrastructure monitoring systems, and rising capital investments for structural health monitoring. While worries about data security and privacy as well as hefty installation and monitoring expenses could impede overall worldwide expansion.
Infrastructure monitoring is the process of keeping tabs on and gauging the effectiveness of IT infrastructure parts in order to spot problems and potential weak areas. Administrators can stop issues from worsening and hurting end users by spotting them early. Infrastructure monitoring can also assist businesses in making the most of their IT assets by spotting redundant or poorly performing parts.
Market Dynamics:
The rising usage of sensor technologies, which in turn lowers production costs, is a key factor driving the global market for infrastructure monitoring. The use of MEMS (Micro-Electromechanical Sensors) in the proactive maintenance of dams, power plants, and other civil infrastructure is an illustration of this. In the anticipated future, this tendency is anticipated to fuel market expansion (2022-2029).
The rising installation and integration costs of sensor and IoT technologies used in infrastructure monitoring are a significant barrier in the global industry. During the same time period, it is expected that rising costs for data management and storage solutions will restrain market expansion.
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Global Infrastructure Monitoring Market: Major Players
• SignalFx
• Infopulse
• Sixense
• Digitexx
• SevOne
• Acellent Technologies, Inc
• Structural Monitoring Systems
• Opsview
• Geocomp
• Campbell Scientific
• Geokon
• Sensu
• Cowi
• Pure Technologies
• Nova Metrix
Global Infrastructure Monitoring Market: Types
• Wired
• Wireless
Global Infrastructure Monitoring Market: Applications
• Civil Infrastructure
• Aerospace & Defense
• Energy
• Mining
• Others
Global Infrastructure Monitoring Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Infrastructure Monitoring market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
• How has the global Market performed so far and how will it perform in the coming years?
• What are the key regional Markets?
• What has been the impact of COVID-19 on the global Market?
• What is the breakup of the Market based on the type?
• What is the breakup of the Market based on the application?
• What is the breakup of the Market based on the manufacturing process?
• What is the breakup of the Market based on the price range?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?
• What is the degree of competition in the industry?
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