The IT Infrastructure Monitoring Global Market Report 2023, provides comprehensive information on the it infrastructure monitoring market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global IT infrastructure monitoring market size is expected to grow from $23.40 billion in 2022 to $24.80 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global IT infrastructure monitoring market is expected to reach $29.76 billion in 2027 at a CAGR of 4.7%.
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Product innovation is a key trend gaining popularity in the IT infrastructure monitoring market. Major companies operating in the IT infrastructure monitoring market materials market are focused on developing innovative products to strengthen their position in the market. For instance, in May 2021, Splunk Inc., a US-based software company that creates software for monitoring, searching and analyzing data generated by machines, launched the new Splunk® Observability Cloud, the only enterprise-grade, full-stack, analytics-powered Observability solution available. The Splunk Observability Cloud allows IT and DevOps teams to receive all of their answers in a single interface with metrics, traces and logs – all data collected in real-time, at any size and without sampling. The Splunk Observability Cloud assembles the top-tier products available today for infrastructure monitoring, application performance management, real-user monitoring, synthetic monitoring, log investigation and incident response.
The it infrastructure monitoring market 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
North America was the largest region in the it infrastructure monitoring market in 2022.
The table of contents in TBRC’s it infrastructure monitoring market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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