mainframe monitoring tools market data, mainframe monitoring tools market forecast, mainframe monitoring tools market growth, mainframe monitoring tools market opportunities, mainframe monitoring tools market trends, mainframe monitoring tools market growth
What is the current market size and future outlook for the mainframe monitoring tools market?
The mainframe monitoring tools market size has grown strongly in recent years. It will grow from $1.45 billion in 2024 to $1.56 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to technological advancements, increased complexity of mainframe environments, growth in demand for performance optimization, rise in security concerns, and regulatory compliance requirements.
The mainframe monitoring tools market size is expected to see strong growth in the next few years. It will grow to $2.08 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to the adoption of hybrid cloud strategies, focus on cost optimization, the emergence of AI and machine learning capabilities, demand for real-time analytics, and emphasis on DevOps and agile methodologies. Major trends in the forecast period include enhanced automation and orchestration, integration with AIOps platforms, expansion of predictive analytics capabilities, emphasis on user experience monitoring, and increased focus on cloud-native monitoring solutions.
Get Your Free Sample of The Global Mainframe Monitoring Tools Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15414&type=smp
What are the key drivers behind the rapid expansion of the mainframe monitoring tools market?
An increase in the IoT (Internet of Things) landscape is expected to propel the growth of the mainframe monitoring tools market going forward. The IoT landscape encompasses the interconnected network of devices, sensors, software, and platforms that enable the exchange of data and communication between physical objects and the digital world. The IoT landscape is rising due to the increasing demand for connected devices, data-driven insights, and automation across industries, driving efficiency, productivity, and innovation. The IoT landscape enhances mainframe monitoring tools by enabling real-time data collection, analysis, and predictive maintenance, ensuring optimal performance and reliability of critical mainframe systems. For instance, in September 2023, according to a report published by Ericsson, a Sweden-based telecommunications company, global IoT connections reached 15.7 billion in 2023 and are forecast to grow to 38.9 billion by 2029. Therefore, an increase in the IoT (Internet of Things) landscape is driving the growth of the mainframe monitoring tools market.
What is the segmentation for the mainframe monitoring tools market?
The mainframe monitoring tools market covered in this report is segmented –
1) By Offering: Hardware, Services, Software
2) By Application: Transaction, Enterprise Resource Planning (ERP), Census Industry, Consumer Statics
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
4) By End Use: Banking Business & Finance And Insurance, IT & Communication Technology (IT) And Telecom, Healthcare, Government And Public Sector, Retail, Travel And Transport & Logisticsation, Manufacturing, Other End Uses
Subsegments:
1) By Hardware: Mainframe Servers, Storage Devices, Network Infrastructure
2) By Services: Consulting Services, Installation And Integration Services, Maintenance And Support Services, Managed Services
3) By Software: Monitoring And Management Software, Security And Compliance Software, Performance Optimization Software, Data Analytics And Reporting Software
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/mainframe-monitoring-tools-global-market-report
Who are the most influential companies in the mainframe monitoring tools market?
Major companies operating in the mainframe monitoring tools market are International Business Machines Corporation (IBM), Cisco Systems Inc., Broadcom Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Amazon Web Services, Micro Focus International plc, Splunk Inc., Hitachi Vantara LLC, BMC Software Inc., Dynatrace LLC, TIBCO Software Inc., Quest Software Inc., Fortra LLC, Ensono LP, Precisely Holdings LLC, Rocket Software Inc., Mainline Information Systems Inc., UNICOM Government Inc., Luminex Software Inc., Blu Age Corporation, LzLabs GmbH, CPT Global Limited, IntelliMagic B.V., GT Software LLC, DataKinetics Corporation
What are the most influential trends expected to drive the mainframe monitoring tools market forward?
Major companies operating in the mainframe monitoring tools market are developing advanced solutions, such as cloud-based solutions leveraging AI and ML algorithms, to analyze vast amounts of operational data generated by mainframe systems in real time. Cloud-based mainframe operation solutions can identify patterns, trends, and anomalies, enabling proactive problem detection and resolution. For instance, in June 2023, BMC Software Inc., a US-based IT & Communication Technology (IT) services provider, launched BMC Automated Mainframe Intelligence (AMI) Cloud, a new range of products to assist clients in rethinking mainframe data management in the context of hybrid IT, including public and private clouds. The BMC AMI Cloud portfolio enables companies to use hybrid cloud technologies for large-scale, business-critical transactions while getting the benefits of cloud computing. Organizations that open their mission-critical data get more business insight, allowing them to make better decisions with greater security, flexibility, scalability, and efficiency.
What are the major regional insights for the mainframe monitoring tools market, and which region holds the top position?
North America was the largest region in the mainframe monitoring tools market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mainframe monitoring tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Mainframe Monitoring Tools Market Report 2025 Offer?
The mainframe monitoring tools market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Mainframe monitoring tools refer to software applications designed to monitor, manage, and optimize the performance of mainframe computer systems. These tools provide real-time insights into the health and performance of mainframe environments, including hardware, operating systems, applications, and networks. They help IT teams identify and resolve issues quickly, improve system reliability and availability, and ensure compliance with regulatory requirements.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15414
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
