IT Operations Analytics (ITOA) market size to grow to US$ 45.21 billion, recent developments to fuel market growth

New York, September 22, 2022 /PRNewswire/ — the “IT Operations Analytics (ITOA) Market By deployment (cloud and on-premises) and by geography (North America, EuropeAPAC, the Middle East And AfricaAnd South America) – Forecasting and Analysis 2022-2026″ report has been added to Technavio’s offering. The potential growth gap for the size of the IT Operations Analytics (ITOA) market between 2021 and 2026 is USD 45.21 billion to achieve accurate CAGR and YOY growth rate, Request a Free PDF Sample Report

Technavio has announced its latest market research report titled Global IT Operations Analytics (ITOA) Market 2022-2026

Technavio has announced its latest market research report titled Global IT Operations Analytics (ITOA) Market 2022-2026

market segmentation

by deployment, Cloud The segment will be the largest contributor to the growth of the market during the forecast period. The cloud model offers benefits such as effective quality control, ease and easy maintenance. Log management, network and security management, application performance management (APM), root cause analysis, and anomaly detection are some of the most widely used cloud solution offerings. SMEs and startups are contributing significantly to the growth of the cloud segment of the market.

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key market dynamics

  • Market Driver: Recent developments are driving the growth of the market. For example, in July 2020SolarWinds expands its IT operations management product. In July 2020, Citrix and Microsoft collaborated to set up a hybrid IT environment during the COVID-19 pandemic. The companies announced a collaboration of their products and services to help Citrix customers migrate from on-premises to Microsoft Azure. They will develop a linked roadmap to ensure that the work experience is consistent and optimal. In June 2020SAP announces launch of Corona Alert App for Government Germany, is one of the first in the country Europe To enable this app based on existing Exposure Notification Framework criteria of Apple and Google. Such developments are expected to bring the market growth into focus.

  • Market Challenge: The The growing complexities and dynamic nature of IT architecture IT Operations Analytics (ITOA) will challenge the growth of the market during the forecast period. Organizations use modern IT architecture to make their IT infrastructure more dynamic and adaptable. This is achieved by taking advantage of virtualization technologies such as containers, clouds and virtual machines. The dynamic nature of cloud and analytics technology enables companies to respond to variable resource demand. However, this has resulted in decreased visibility for organizations, as workflows and workloads are far from the physical IT infrastructure. Such factors are expected to challenge the market growth in focus.

Technavio has identified key trends, drivers and challenges in the market, which
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IT Operations Analytics (ITOA) Market Scope

report coverage

description

page number

120

base year

2021

forecast period

2022-2026

Growth pace and CAGR

Accelerating at a CAGR of 37.21%

Market Growth 2022-2026

USD 45.21 billion

market structure

fragmented

Year on Year Growth (%)

34.7

regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

performance market contribution

North America at 32%

major consumer countries

US, China, India, UK and Germany

competitive landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Profiled companies

Broadcom Inc., Cisco Systems Inc., Elastic NV, Evolvan Software Inc., Extrahop Networks Inc., Hitachi Ltd., International Business Machines Corp., IOPEX Technologies Inc., Micro Focus International plc, Microsoft Corp., Mogsoft Inc. Nastel Technologies Inc., NetApp Inc., Nexthink SA, Oracle Corp., Resolve Systems LLC, SAP SE, SAS Institute Inc., Splunk Inc., and XpoLog Ltd.

market dynamics

Basic market analysis, market growth indicators and constraints, fast growing and slow growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

range of customization

If our reports don’t include the data you’re looking for, you can contact our analysts and get the segments customized.

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Major Topics Covered

1. Executive Summary

2 Market Scenario

3 Market Sizing

4 Analysis of the Five Forces

5 Market Segmentation by Deployment

6 Customer Scenario

7 Geographical Landscapes

8 drivers, challenges and trends

9 Vendor Landscape

10. Vendor Analysis

11 Appendix

about us

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Global IT Operations Analytics (ITOA) Market 2022-2026

Global IT Operations Analytics (ITOA) Market 2022-2026

Decision

Decision

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