About Log Analysis Service
Log analysis refers to the process of reviewing, interpreting, and understanding computer-generated records which are called logs. Logs are created by network devices, operating systems, applications, and all kinds of programmable devices. Log analysis involves searching, analyzing, and visualizing machine-generated data to exploit operational insights. Often, logs are created by software developers to help in debugging the operations of the software they are developing or to understand how users interact with the software. The log must be interpreted within the context of the application or system. With the increasing use of applications, servers, IoT, and mobile devices there is an explosive growth of machine-generated data which includes logs. With the increasing number of companies developing software, the demand for log analysis software is also increasing.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Log Analysis Service market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Log Analysis Service Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon (United States), Google (United States), Microsoft (United States), Loggly (United States), Dynatrace (United States), Rapid7 (United States), Solarwinds (United States), Splunk Enterprise (United States), Datadog (United States) and LogDNA (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Coralogix (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Log Analysis Service market by , Application (SMEs and Large Business) and Region.
On the basis of geography, the market of Log Analysis Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pricing, the sub-segment i.e. One-Time Payment will boost the Log Analysis Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-Premise will boost the Log Analysis Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Real-time Application will boost the Log Analysis Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Trend of Using Log Analysis to Understand the Online User Behaviour
Market Growth Drivers:
Increasing Demand of The Log Analysis Software by Software Developers for Debugging Purposes and Growing Demand of Log Analysis to Troubleshoot the System
Challenges:
Regular Updates Are Necessary for The Log Analysis Service to Work and Additional Storage Is Required for The Log Analysis
Restraints:
Log Analysis May Provide Less Data Than Web Analysis Tools
Opportunities:
Increasing Demand of Log Analysis Service for Security Compliances and Growing Demand for Log Analysis Service from SMEs
Market Leaders and their expansionary development strategies
In September 2020, Carologix, a log analysis service provider; secured USD 25Mn funding for innovation in log analysis and monitoring. The funding round involved investors like Red Dot Capital Partners and O.G. Tech Ventures. With this; the company also announced Streama which was in the alpha phase since July of 2020. With Carologix; companies can pick and choose how they monitor and pay only for the features they actually use which will ultimately lower their expenses on log analysis services.
In January 2018, SolarWinds a leading provider of powerful and affordable IT management software; announced that it has completed the acquisition of Loggly Inc. a provider of cloud-based log monitoring and log analytics software. This acquisition also will add to its team of world-class software engineering talent. With this acquisition; SolarWinds will also deepen its cloud-software engineering and analytics expertise
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Log Analysis Service Providers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.