Worldwide IT Infrastructure Monitoring Market Growing at the CAGR of 6.6% from 2016 to 2024
The popularity of IT infrastructure monitoring tools among enterprises, that ensures availability of their products and providing efficient service to a consumer through monitoring of the organization’s IT framework is due to its reduction in loss associated with system downtime. The software is very crucial for physical, virtual, and cloud systems alike
Thinking about report: Please observe the beneath the hyperlinks to satisfy your necessities; Request for the Report sample : www.persistencemarketresearch.com/samples/8797
Increasing need for enhanced security and monitoring in the organizations across the globe is one of the major factors anticipated to drive the growth of the IT infrastructure monitoring market over the forecast period. Demand for IT infrastructure monitoring tool across the globe is growing steadily due to various benefits associated with them, such as reduction in downtime and investigation time when a problem occurs. With enterprises striving to avoid financial losses caused by undetected system failures, they are readily adopting a number of IT infrastructure monitoring solutions for various stages of operations.
One of the major restraints hindering the growth of the IT infrastructure monitoring market is security concerns among the users. For solutions requiring public connectivity, security is of vital importance. For instance, in the case of a cloud network monitoring solution, trust is needed to be placed on the cloud provider. Cloud-based solutions have a wider attack surface, as compared to in-house network monitoring solutions, which can be disconnected from the public network. This factor is anticipated to restrain the growth of the IT infrastructure monitoring market over the forecast period.
By type, the software segment was valued at US$ 6.1 Bn in 2015 and is estimated to reach a market value of US$ 6.5 Bn by the end of 2016. However, the service segment was valued at US$ 13.1 Bn in 2015 and is estimated to reach US$ 13.9 Bn by the end of 2016.
Among end user segments, large enterprise segment constituted 73%, whereas SMEs segment comprised of the remaining 27% of overall end user segment revenue in 2015.
In 2015, by deployment model, on-premise was the largest segment accounting for 69.8% of overall market revenue. However, cloud/hosted segment is expected to expand at the highest CAGR over the forecast period
Among the vertical segments, BFSI was the dominant segment with over 40% revenue share of the overall market in 2015, whereas, healthcare segment is expected to witness highest CAGR during the forecast period.
In terms of value, the North America IT infrastructure monitoring market dominated the overall market in 2015 and is expected to remain dominant over the forecast period between 2016 and 2024. In terms of value, the Asia Pacific IT infrastructure monitoring market is anticipated to expand at a CAGR of 6.6% during 2016 to 2024.
Request TOC (desk of content material), Figures and Tables of the report: www.persistencemarketresearch.com/market-research/it-infr...
Key players in the global IT infrastructure monitoring market include Centreon, CA Technologies, Splunk Inc., Nagios Enterprises, LLC, AppDynamics, Inc., ScienceLogic, Zabbix LLC., Spiceworks Inc., Datadog, Inc., SevOne, Inc., and PagerDuty, Inc.
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Persistence Market Research Pvt. Ltd
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide IT Infrastructure Monitoring Market Growing at the CAGR of 6.6% from 2016 to 2024 here
News-ID: 354773 • Views: 823
More Releases from Persistence Market Research Pvt.Ltd
Global Food Fiber Market is forecast to expand at a CAGR of 5.7% from 2017 to 20 …
Some of the prominent players operating in the global food fiber market are J. RETTENMAIER & SÖHNE GmbH, Co KG, Kerry Group, Grain Processing Corporation, Nexira, SunOpta, Inc., Ingredion Roquette Frères S.A., Archer-Daniels-Midland Company, Tate & Lyle plc, and Cargill, Inc., notes Persistence Market Research (PMR). Several of these players are investing on advanced fiber fortification technologies for developing innovative formulations that have a variety of functional health benefits, in
In Vitro Protein Expression Market Accounting for US$ 250 Mn in 2025
Persistence Market Research has come up with an analytical research publication titled “In Vitro Protein Expression Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” The comprehensive in vitro protein expression market research report focuses on various trends, developments, opportunities, restraints, drivers and challenges impacting the growth of the global in vitro protein expression market. These factors vary in magnitude in different regions for which a detailed analysis is covered in
Tert-Amyl Methyl Ether Market Estimated to Experience a Hike in Growth by 2025
Introduction Ether compounds such as MTBE, ETBE, TAEE and TAME are used in fuel especially in gasoline in order to improve the combustion properties of fuels. Among these compounds, Tert-Amyl Methyl Ether used as oxygenated additive for the gasoline. Tert-Amyl Methyl Ether, formula (CH3)3 CH2COCH3, is an organic compound, used in fuel to improve its octane number. TAME is generally produced through the catalytic reaction between methanol (MeOH) and the 2-methyl-2-butene
Radar Simulator Market Significant Profits Estimated to be Generated by 2025
Radar simulator market is on upward scale, owing to increase in adaptation of modern technologies for the training purpose in commercial and military aircrafts & ships. Radar simulator is either software solution or combination of both software and hardware. Radar simulators emulate various radars and initiate their working to provide users with an artificial and apt environment for radar training and functional/system testing. The software solutions can be installed in
More Releases for Infrastructure
Global 5G Infrastructure Market
Global 5G Infrastructure Market – Global Industry Analysis and Forecast (2018-2026) By Technology, Chipset Type, Communication Infrastructure, Application, and Region. The Global 5G infrastructure market is estimated to be valued at USD 2.86 Billion in 2020 and it is further projected to reach USD 33.72 Billion by 2026, at a CAGR of 50.9% between 2020 and 2026. Rising demand for high speed network in the era of IoT and importance of implementation
Big Data Infrastructure Market
The Global Big Data Infrastructure Market will grow tremendously at a CAGR of +33% over the forecast period. With the emergence of efficient data management technologies, the market for big data infrastructure has a positive outlook until the end of 2020. Recently, there has been an upsurge in both structured and unstructured data, resulting in the increasing popularity of big data. Earlier, management and analysis of these data were a
Infrastructure Insight: Malaysia
MarketResearchReports.Biz presents this most up-to-date research on "Infrastructure Insight: Malaysia" Description This report provides a detailed look into the infrastructure sector in Malaysia, including analysis of the state of the current infrastructure, the regulatory and financing landscapes and the major projects in the construction pipeline. The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports. Summary Malaysia is expected to see some of the fastest
Global LTE Infrastructure Market
The growth of LTE infrastructure market is driven by rising demand for high data rate transmission and improved spectral efficiency, which in turn is driven by increased data usage. Further, rising demand for public safety LTE infrastructure is expected to drive the growth of LTE infrastructure market in the coming years. Lack of availability of compatible devices, especially for LTE Advanced, is one of the major challenges for growth of
TANZANIA - INFRASTRUCTURE SECTOR ANALYSIS
ReportsWorldwide has announced the addition of a new report title TANZANIA - INFRASTRUCTURE SEPTEMBER 2016 to its growing collection of premium market research reports. This report provides a comprehensive industry profile, analysis and outlook of Tanzania’s infrastructure sector. The Construction & Industry sector is one of Tanzania’s biggest industries. Overall, it contributes 24% to the country’s GDP. The construction segment accounted for 12.5% of the GDP in 2014 and 13% in 2015.
ZAMBIA - INFRASTRUCTURE SECTOR ANALYSIS
ReportsWorldwide has announced the addition of a new report title ZAMBIA - INFRASTRUCTURE 2015 to its growing collection of premium market research reports. This report provides a comprehensive industry profile, analysis and outlook of Zambia’s infrastructure sector. In terms of value, construction industry is the second largest, after wholesale and retail trade, industry in Zambia, followed by transport & communications and agriculture. The sector is expected to remain its double digit growth