Cloud Monitoring Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Cloud Monitoring market is accounted for $749.51 million in 2017 and is expected to reach $3911.75million by 2026 growing at a CAGR of 20.1%.

Factors driving the market growth are increasing adoption of multiple cloud platforms, growing demand for cloud monitoring in financial applications, increasing demand for Internet of things (IoT) technology. Rising need for unified monitoring, insufficient data security is some of the major factors hampering the market. In addition, increasing demand for cloud based monitoring for small and medium-sized enterprises and rising demand for cloud-based services are some of the major opportunities during the forecast period.

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Cloud monitoring is the procedure for managing the operational workflow, reviewing, monitoring and processes within a cloud-based IT asset or infrastructure. It uses hand operated or automated IT monitoring and management techniques to assure that a cloud infrastructure or platform performs optimally. The term cloud assigns to set of web-hosted applications which allow data access and store information over the internet rather than on computer’s hard drive.

Large enterprises have witnessed huge growth with the adoption of cloud monitoring services, with the help of these solutions companies can join with its employees and develop more interesting business dealings. On the other hand, Software as a Service (SaaS) is gaining importance as these tools have the capability to correct and detect performance regressions or problems. Support and maintenance services help in boosting and providing solutions to products thus the demand for support and maintenance services is increasing rapidly. North America is dominating the cloud monitoring market and the factors favouring the growth of this region are growing need for cloud services in large enterprises and SMEs. Asia Pacific has acquired largest market share owing to technological developments and substantial implementation of economical cloud-based arrangements in the Asian countries.

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Some of the key players in global Cloud Monitoring market include Cloudyn, CA Technologies, Opsview, Dynatrace, Datadog, Solarwinds, Logicmonitor, Kaseya, Idera, Zenoss and Sevone.

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Organisation Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises

Components Covered:
• Services
• Solution

Services Covered:
• Platform as A Service
• Infrastructure as A Service
• Software as A Service

End Users Covered:
• Telecommunications and IT
• Banking, Financial Services, and Insurance
• Retail and Consumer Goods
• Healthcare and Life Sciences
• Media and Entertainment
• Manufacturing
• Government and Defense
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 317488