Cloud Monitoring Market Size – Cloud Monitoring Market – COVID-19 Growth, Trends, Impact and Forecast (2023 – 2028)
Cloud Monitoring Market Segmented by Model (IaaS, SaaS, PaaS), End-User Industry (BFSI, Retail, IT & Telecom, Healthcare, Government, Manufacturing, Others) and Location Physical.
Cloud Monitoring Market Size
The Cloud Monitoring Market is valued at $1335.75 million in 2020 and is expected to reach $4549.30 million by 2026, at a CAGR of 22.66% during the forecast period 2021 – 2026. Customers are not they completely depend on cloud services for their work. As a result, vendors are developing tools that can monitor both on-premises and cloud environments. For example, Oracle has designed a cloud service with excellent tools and resources based on machine learning specifically designed for monitoring and managing infrastructure and applications. It works in almost any cloud and on-premises environment. It supports traditional technology stacks, including Microsoft and Oracle, and popular cloud providers such as Google, Amazon and Microsoft.
Application Development Software Market Size And Share
Cloud auditing is the process of monitoring, reviewing, and managing operational processes and workflows in a cloud-based IT infrastructure. Using IT monitoring ensures that the infrastructure or cloud platform is running efficiently. In addition to cloud monitoring and provisioning of cloud infrastructure/solutions/services, cloud monitoring data also helps in evaluating the performance of the entire infrastructure at optimal levels. Properties such as response rate reports and server updates can help measure the customer/user experience.
Key market trends Increase in demand from BFSI segment to boost market growth
The cloud monitoring market is consolidated as most of the market share is held by the major players in the industry. However, SMEs are upgrading their cloud services but the major players have captured the majority of users and are also making significant investments to continue growing and innovating. Some of the leading companies include AWS, CA Technologies (Broadcom Company), Oracle Corporation, Microsoft Corporation, IBM Corporation, IDERA Inc., LogicMonitor Inc., among others.
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Best Cloud Monitoring Tools & Services [2023 Comparison]
The cloud monitoring market is growing at a CAGR of 22.66% over the next 5 years.
Asia Pacific is growing at the highest CAGR in 2018 – 2028.
AWS, Oracle Corporation, Microsoft Corporation, IBM Corporation, LogicMonitor Inc. are the major players operating in the Cloud Monitoring Market.
Thank you for your Purchase. Your payment is successful. The Report will be delivered in 24-72 hours. Our sales representative will contact you shortly with details. Cloud Market Research by Component (Solution and Services), by Service Model (SaaS, PaaS, and IaaS), by Organization Size (Enterprises Small and Medium (SMEs) and large enterprises). ) by Industry (BFSI, Healthcare & Life Sciences, Telecom & ITES, Government & Defence, Manufacturing, Retail & Consumer Goods, Media & Entertainment, and others) – Global Opportunity Analysis and Business Outlook, 2020 – 2030 Cloud Monitoring Market
Cloud Security Monitoring Solution Market Size, Growth, Share Gl
The Global Cloud Monitoring Market size is estimated at $1.21 billion in 2019 and is expected to reach $8.12 billion by 2030 with a CAGR of 18.9% from 2020-2030. Cloud Monitoring is a process of reviewing, viewing and managing the workflow and operational processes sometimes in the IT plus or cloud infrastructure. It is the use of manual or tool-based IT monitoring and management techniques to verify that a cloud infrastructure or platform is operating optimally. Cloud monitoring also helps to evaluate the performance of the overall infrastructure at a standard level.
There is an increase in technological advancement along with an increase in infrastructure during the forecast period. In addition, the rise in IT industries and data-driven companies along with increased use of cloud technology in various industries is also expected to fuel the growth of the analytics market. of the cloud.
The other factors include the high usage of software based on, and cost-effective compared to stand-alone software and several advantages associated with cloud monitoring are expected to support the growth of the market. However, the lack of technological knowledge, and the high cost of these software are expected to hinder the growth of the market. In addition, increased use of IoT and the emergence of new devices are expected to fuel the growth of the cloud computing market in the near future.
The global cloud monitoring market segmentation is analyzed by component, service model, organization size, industry and geography. Based on the component, the market is segmented into services and solution. The services are subdivided into Integration and Deployment, Support and Maintenance, and Training and Consulting. Based on service model, the market is segmented into SaaS, PaaS, and IaaS. Based on the size of the organization, the market is segmented into small and medium enterprises (SMEs) and large enterprises. By industry, the market is segmented into BFSI, Healthcare & Life Sciences, Telecom & ITES, Government & Defence, Manufacturing, Retail & Consumer Goods, Media & Entertainment, Others. Geographical breakdown and analysis of each of the regions mentioned above includes regions including North America, Europe, Asia Pacific, and RoW.
Digital Transformation Stats From Reputable Sources
North America is expected to hold the major market share during the forecast period due to increased adoption of cloud services along with technological advancement. Moreover, the increase in infrastructure and cost-effectiveness along with increased use of cloud-based software are contributing to the growth of cloud monitoring during the forecast period.
Asia Pacific is expected to show rapid growth with a steady increase in market share due to increased adoption of cloud-based system and increase in data-driven company. In addition, various advantages and widespread use of cloud-based services are expected to fuel the growth of the market.
The cloud monitoring market, which is highly competitive and fragmented, consists of several market players. Some of the major market players include AWS, IDERA Inc., IBM Corporation, Zenoss Inc., CA Technologies (Broadcom Company), Oracle Corporation, Microsoft Corporation, LogicMonitor Inc. and Datadog Inc. among others.
There have been several developments over the last few years that have added to the overall size of the market and continued to drive the market. For example, in June 2019, Microsoft Corporation announced a cloud interoperability partnership with Oracle Corporation that will enable the customer to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud. Enterprises can now easily connect Azure services, such as Analytics and AI, with Oracle Cloud services, such as Autonomous Database. This allows customers to run one part of work in Azure and another part of the same work in Oracle Cloud, the partnership gives an optimized experience, the best of both. SaaS, PaaS), end-user industry (BFSI, Retail, IT and Telecom, Healthcare, Government, Manufacturing, Others), and Geography.
Technology Advisory Market Report 2022
The Cloud Monitoring Market is expected to grow at a CAGR of 22.66% during the forecast period. Customers are not completely dependent on cloud services with their workload. Therefore, vendors are developing tools to monitor companies’ on-premises and cloud environments. For example, Oracle has designed a cloud service with excellent tools and resources based on machine learning specifically tuned to monitor and manage infrastructure and applications. It works on almost any cloud and on-premise environment. It supports traditional technology stacks, including Microsoft and Oracle, and popular cloud vendors such as Google, Amazon and Microsoft.
Cloud auditing is the process of monitoring, reviewing, and managing operational and workflow processes within a cloud-based IT infrastructure. IT monitoring ensures that the cloud infrastructure or platform is working efficiently. In addition to cloud monitoring and cloud infrastructure/solution/service provisioning, cloud monitoring data also helps in evaluating the performance of the entire infrastructure at its peak. Properties such as reports on response rate and server updates can help evaluate the customer/user experience.
The Cloud Monitoring Market is segmented by Model (IaaS, SaaS, PaaS), End-User Industry (BFSI, Retail, IT & Telecom, Healthcare, Government, Manufacturing, Others), and Geography.
The cloud monitoring market is restricted as the major players in the industry hold the majority of the market share. However, small and medium-sized players are updating their cloud services, but the main players have gained a large share of users and have also invested heavily in further improvements and innovation. Some of the key players include AWS, CA Technologies (Broadcom Company), Oracle Corporation, Microsoft Corporation,
Cloud Monitoring Market Size, Industry Trends Report
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