Industry Background:
The global cloud monitoring market is expected to witness high growth in the forecasted market period due to increasing cloud adoption in various end-user industries. Cloud monitoring system offers protection to enterprise information technology assets by detecting suspicious activities based on pre-defined signatures or through malicious behavior by monitoring and analyzing network traffic flows. Deploying cloud allows financial institutions to experience shorter development cycles for new products, supporting a faster and more efficient response to the needs of banking customers.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | CA, Inc. (United States), SolarWinds Worldwide, LLC. (United States), Dynatrace LLC (United States), IDERA, Inc. (United States), Datadog, Inc. (United States), Kaseya Limited (United States), LogicMonitor, Inc. (United States), Opsview Ltd. (United States), SevOne Inc. (United States) and Cloudyn (Israel) |
According to AMA, the market for Cloud Monitoring is expected to register a CAGR of 21.54% during the forecast period to 2027. This growth is primarily driven by High Adoption of Multiple Cloud Platforms and Advantage of Reduced Capital and Operational Expenditure.
Globally, a noticeable market trend is evident The Growing Requirement of Efficiently Manage the Security and Performance of the Cloud The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as CA, Inc. (United States), SolarWinds Worldwide, LLC. (United States), Dynatrace LLC (United States), IDERA, Inc. (United States), Datadog, Inc. (United States), Kaseya Limited (United States), LogicMonitor, Inc. (United States), Opsview Ltd. (United States), SevOne Inc. (United States) and Cloudyn (Israel), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 5th June 2019, Microsoft Corp. and Oracle Corp. on Wednesday announced a cloud interoperability partnership enabling customers to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud.
On 2nd April 2018, LogicMonitor, a leading Software-as-a-Service (SaaS)-based performance monitoring platform for enterprise IT and Managed Service Providers, today announced that it has achieved Amazon Web Services (AWS) DevOps Competency status and is also now available on AWS Marketplace, bringing its hybrid infrastructure monitoring and analytics solution to global AWS customers.
Influencing Trend:
The Growing Requirement of Efficiently Manage the Security and Performance of the Cloud
Market Growth Drivers:
High Adoption of Multiple Cloud Platforms and Advantage of Reduced Capital and Operational Expenditure
Challenges:
The Growing Concern Related to Lack of Data Security
Restraints:
Limited Cloud Visibility as well as High Cost and Upsurging Adoption of Unified Monitoring
Opportunities:
The Growing Adoption of Cloud-Based Server in Various End-User Industries and Increasing Popularity among Small and Medium-Sized Enterprises
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cloud Monitoring Market
- Analysis about New Entrants in Cloud Monitoring Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cloud Monitoring Study Sheds Light on
The Cloud Monitoring Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cloud Monitoring industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cloud Monitoring industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.