Global Monitoring As A Service Market Overview:
Monitoring-as-a-Service is an outsourced service to provide security mainly to platforms that are run on the Internet for conducting business. Maas became highly popular in the last decade. Since the advent of Cloud hosting, its popularity has increased even more. Safe monitoring involves protecting a company or other institution from cyber threats, in which a team prepared is crucial to maintain the confidentiality, integrity and access to IT assets. However, time and resources constrain the limits of security operations and their effectiveness for the vast majority of companies. With this, it is vital to continue vigilance on security infrastructure and information.
As per latest study released by AMA Research, the Global Monitoring As A Service market is expected to see growth rate of 18.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased adoption of Monitoring As A Service in various industries
Market Growth Drivers:
Rising essential of cost-effective management and security solutions
Challenges:
Limited Visibility
Restraints:
High technological expertise and high costs
Opportunities:
Rising demand for Internet of things (IoT) technology
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer-spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Sematext (United States), Netreo (United States), CloudMonix (United States), Datadog (United States), New Relic (United States), Zenoss (United States), Microsoft (United States), Broadcom (United States), Dynatrace (United States) and Amazon (AWS) (United States). Additionally, following companies can also be profiled that are part of our coverage like CloudRadar (Germany), Paessler (Germany) and LogicMonitor (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Monitoring As A Service market by 2030. Considering Market by Component, the sub-segment i.e. Solution will boost the Monitoring As A Service market.
Latest Market Insights:
On 21 Jun 2021 Nihon Kohden America, a U.S. market leader in precision medical products and services,announced the launch of its NK Network CareSM Service Program, an all-inclusive solution that bundles critical maintenance and security systems together to help monitor, maintain and secure network systems using Nihon Kohden hardware and software.
On 1 December 2020 Amazon Web Services, Inc. (AWS), an Amazon.com company, announced Amazon Monitron, Amazon Lookout for Equipment, the AWS Panorama Appliance, the AWS Panorama SDK, and Amazon Lookout for Vision.
What Can be Explored with the Monitoring As A Service Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Monitoring As A Service Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Monitoring As A Service
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Monitoring As A Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Monitoring As A Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Monitoring As A Service Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.