IT Infrastructure Monitoring Market Size
Which drivers are expected to have the greatest impact on the over the it infrastructure monitoring market’s growth?
The anticipated surge in the IT infrastructure monitoring market in the upcoming years is attributed to the heightened adoption of cloud-based solutions by businesses. These solutions are grounded on the concept of “cloud computing,” which fundamentally means the internet-led provision of hosted services. A cloud platform can be open public or privately accessed. The appeal of cloud computing lies in the instant accessibility to scalable and inexpensive IT resources, without the burdensome need for substantial initial hardware investment or strenuous installation and maintenance practices. IT resources can promptly expand or contract based on the flexible nature of cloud solutions to align with business requirements. For instance, Zippia Inc., an American online recruitment service provider, predicts that cloud expenditure in the United States will escalate to $90 billion by the close of 2022, marking a 27.8% rise compared to 2021. In a similar vein, a notable 61% of businesses migrated their workloads to the cloud during 2020 alone, and as of 2022, 60% of all corporate information is stored in the cloud. Hence, the escalating preference for cloud-based solutions by businesses is fueling the expansion of the IT infrastructure monitoring market.
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What is the future CAGR of the it infrastructure monitoring market, and how will it impact industry expansion?
The market size of IT infrastructure monitoring has seen a consistent increase over the recent years. The market is projected to increase from $25.13 billion in 2024 to $26.05 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.7%. The growth observed in the preceding years can be ascribed to various factors like operational cost efficiency, real-time insights, the ability to scale operations, the need for performance optimization, and a heightened reliance on digital infrastructure.
Expectations are high for considerable expansion in the IT infrastructure monitoring market in the coming years. The market is projected to escalate to $34.48 billion by 2029, with a compound annual growth rate (CAGR) of 7.3%. This growth over the forecast period can be ascribed to factors such as issues related to data privacy and governance, remote workforce supervision, automation and orchestration, the need for edge computing monitoring, and an emphasis on AIOps and AI-driven analysis. Key trends anticipated during the forecast period encompass observability and comprehensive insights, the adoption of devOps practices, real-time and flexible monitoring, containerization and supervision of microservices, and a shift towards proactive monitoring.
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What are the most significant trends transforming the it infrastructure monitoring market today?
Advancement in product development is becoming a significant trend in the IT infrastructure monitoring sector. The main players in the IT infrastructure monitoring materials market are investing in creating groundbreaking products to solidify their market positions. For example, in May 2023, New Relic, a web tracking and analytics company based in the United States, introduced an innovative solution, New Infrastructure Monitoring to End Peak Billing And Screen Swivel. This product aims to improve cloud infrastructure performance visibility and cost control. It allows firms to monitor their IT environments in real-time, overcoming the traditional monitoring tools’ shortcomings. New Relic concentrates on curtailing peak billing and simplifying monitoring processes, allowing companies to maximize their resource utilization and enhance operational productivity.
Which key market segments comprise the it infrastructure monitoring market and drive its revenue growth?
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, Healthcare, 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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What regions are at the forefront of it infrastructure monitoring market expansion?
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
Who are the leading players fueling growth in the it infrastructure monitoring market?
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
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What Is Covered In The IT Infrastructure Monitoring Global Market Report?
• Market Size Forecast: Examine the it infrastructure monitoring market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the it infrastructure monitoring market for a structured understanding.
• Key Players Overview: Analyze major players in the it infrastructure monitoring market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the it infrastructure monitoring market.
• Segment Contributions: Evaluate how different segments drive overall growth in the it infrastructure monitoring market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the it infrastructure monitoring market.
• Industry Challenges: Identify potential risks and obstacles affecting the it infrastructure monitoring market.
• Competitive Landscape: Review strategic developments in the it infrastructure monitoring market, including expansions, agreements, and new product launches.
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