Press release
IT infrastructure monitoring market is anticipated to expand at a CAGR of 6.6% in terms of revenue 2024
To understand and assess the opportunities in this market, the report is categorically split into five segments, namely market analysis by type, deployment model, end user, vertical, and region. The report analyzes the IT infrastructure monitoring market in terms of market value (US$ Bn).
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In the same section, PMR covers the IT infrastructure monitoring market performance on the basis of end user. This section includes PMR’s analysis of the key trends, drivers, and restraints from the supply and demand perspective. Impact analysis of the key growth drivers and restraints, based on the weighted average model, is included in this report to better equip clients with crystal clear decision-making insights.
The need for enhanced security and monitoring in organizations across the globe are the major factors driving the IT infrastructure monitoring market. However, factors such as security concerns among the users, especially for solutions requiring public connectivity and security, is expected to hinder growth of the global IT infrastructure monitoring market. For instance, in 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.
The global IT infrastructure monitoring market is anticipated to expand at a CAGR of 6.6% in terms of revenue from 2016 to 2024, to reach a market value of US$ 34.1 Bn by 2024.
Download TOC: https://www.persistencemarketresearch.com/market-research/it-infrastructure-monitoring-market/toc
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