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Emerging IT Infrastructure Monitoring Market Trends: Innovation Drives Transformation In IT Infrastructure Monitoring Market Shaping the Future of the Industry
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.IT Infrastructure Monitoring Market Size Growth Forecast: What to Expect by 2025?
There has been a consistent increase in the IT infrastructure monitoring market size in the past few years. The projections for its growth indicate that it will rise from a market worth of $25.13 billion in 2024 to $26.05 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.7%. Factors such as cost and operational efficiency, real-time insights, scaling of operations, performance optimization needs, and increased reliance on digital infrastructure have contributed significantly to this historic period growth.
How Will the IT Infrastructure Monitoring Market Size Evolve and Grow by 2029?
In the following years, the IT infrastructure monitoring market is projected to experience robust growth. By 2029, expectations are that it will escalate to $34.48 billion with a 7.3% Compound Annual Growth Rate (CAGR). Factors such as data privacy and governance issues, remote workforce surveillance, automation and orchestration, edge computing monitoring needs, and emphasis on AIOps and AI-powered analytics contribute to the growth in the forecast period. Significant trends during this period include observability and all-encompassing insights, adoption of devOps methods, real-time and adjustable monitoring, containerization and microservices surveillance, and a shift towards proactive monitoring.
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What Drivers Are Propelling the Growth of IT Infrastructure Monitoring Market Forward?
The growth of the IT infrastructure monitoring market is projected to be driven by the rising acceptance of cloud-based solutions by corporations in the coming years. 'Cloud computing,' a term commonly used for any service delivered via the internet, refers to a cloud-based system. The cloud can be either public or private. Cloud computing is favored by numerous companies as it provides instant access to flexible and cost-effective IT resources without the necessity of significant initial hardware investments or time-consuming installation and maintenance. Moreover, IT resources can be quickly scaled up or down according to business needs due to the properties of cloud solutions. For example, Zippia Inc., a company in the US that offers online recruitment services, predicts that cloud spending in the United States will hit $90 billion by the end of 2022, marking a 27.8% increase from 2021. Likewise, in 2020, 61% of companies moved their workloads to the cloud and as of 2022, 60% of all corporate data is stored in the cloud. Consequently, the continued preference for cloud-based solutions by enterprises is fueling the expansion of the IT infrastructure monitoring market.
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Which Emerging Trends Are Transforming the IT Infrastructure Monitoring Market in 2025?
An important trend that is rapidly gaining traction in the IT infrastructure monitoring market is product innovation. Major corporations involved in the IT infrastructure monitoring market are concentrating on producing imaginative products to secure their market positions. For example, New Relic, a United States-based company specializing in web tracking and analytics, introduced New Infrastructure Monitoring to End Peak Billing And Screen Swivel in May 2023. This unique solution is designed to provide improved insight into cloud infrastructure performance while also assisting with cost management. By offering real-time monitoring of IT environments, it eliminates the drawbacks of conventional monitoring techniques. With an emphasis on decreasing peak billing and enhancing monitoring procedures, New Relic aids businesses in maximizing their resource utilization and improving their operational efficacy.
What Are the Key Segments in the IT Infrastructure Monitoring Market?
The IT infrastructure monitoring market covered in this report is segmented -
1) By Types: Bundled Software, Individual Software
2) By Deployment: Cloud It Infrastructure Monitoring, On-Premise It Infrastructure Monitoring
3) By Applications: Small And Medium Enterprises, Large Enterprises
4) By End-User Vertical: Public Sector, IT And Telecom, Healare, Transportation, Banking, Financial Service And Insurance (BFSI), Aerospace And Defense, Other End-User Verticals
Subsegments:
1) By Bundled Software, Comprehensive Monitoring Suites, Integrated Solutions
2) By Individual Software: Network Monitoring Tools, Server Monitoring Tools, Application Performance Monitoring (APM) Tools, Cloud Monitoring Tools, Security Monitoring Tools
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Who Are the Key Players Shaping the IT Infrastructure Monitoring Market's Competitive Landscape?
Major companies operating in the IT infrastructure monitoring market include CA Technologies, Splunk Inc., Nagios Enterprises LLC, AppDynamics Inc., ScienceLogic Inc., Spiceworks Inc., Datadog Inc., SevOne Inc., PagerDuty Inc., Zabbix LLC, LogicMonitor Inc., Microsoft Corporation, Pure Technologies Ltd., Centreon, Hewlett Packard Enterprise, IBM Corporation, SolarWinds Inc., Sumo Logic, Micro Focus, ManageEngine (Zoho Corp), Cisco Systems Inc., Dynatrace Inc., Pulseway, BMC Software Inc., Oracle Corporation, VMware Inc., Dell Technologies Inc., Riverbed Technology Inc., NetApp Inc., Huawei Technologies Co. Ltd., Fujitsu Ltd., NEC Corporation, Hitachi Ltd., Infosys Limited
What Geographic Markets Are Powering Growth in the IT Infrastructure Monitoring Market?
North America was the largest region in the IT infrastructure monitoring market in 2024. Latin America is expected to be the fastest-growing region in the IT infrastructure monitoring market report during the forecast period. The regions covered in the IT infrastructure monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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