Unified Monitoring Market

Global Unified Monitoring Market Set For Rapid Growth, To Reach Around USD 15.18 Billion By 2028

During the projection period, the unified monitoring market is predicted to increase at a Compound Annual Growth Rate (CAGR) of 27.3 percent, from USD 2.83 billion in 2017 to USD 11.10 billion in 2023. The need for unified monitoring solutions and services among organisations is predicted to grow dramatically as the Internet of Things (IoT) and related technologies, such as big data and serverless architecture, become more widely adopted. The study’s base year is 2017, and the projected period is from 2018 to 2023.

The Study’s Objectives

To define and forecast the global unified monitoring market based on components, deployment types, organisation sizes, verticals, and geographic areas.

To forecast market sizes in the five major regional divisions of North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America.

To examine the subsegments in terms of individual growth trends, prospects, and market contribution

To give extensive information on the key variables affecting the market’s growth (drivers, restraints, opportunities, and challenges)

To offer specifics of the competitive landscape for the major companies and to examine the opportunities in the market for stakeholders.

to create a profile of the key players and conduct a thorough analysis of their fundamental skills and positioning

To keep track of and assess competitive developments in the market, such as mergers and acquisitions, new product innovations, and market alliances, agreements, and collaborations.

Unified Monitoring Market
Unified Monitoring Market

The research approach utilised to estimate and predict the unified monitoring market began with secondary research, such as Associations of Financial Professionals and Information System Security Association, to gather data on significant vendor revenues. In order to segment the market, vendor offerings were also taken into account. From the revenue of the key players in the industry, the entire market size of the worldwide unified monitoring market was calculated using the bottom-up technique. Following the determination of the overall market size, the complete market was divided into many groups and sub-segments, which were then confirmed by primary research by conducting comprehensive interviews with key people such as CEOs, Vice Presidents (VPs), directors, and executives.
Dynatrace (US), CA Technologies (US), AppDynamics (US), Zenoss (US), Zoho Corporation (US), Opsview (UK), GroundWork Open Source (US), Fata Informatica (Italy), Acronis (Europe), and Paessler (Europe) are among the service providers in the unified monitoring ecosystem (Europe). Systems integrators, application designers and development service providers, and network service providers are among the other industry participants.

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Important Target Audiences

Service providers who give training and consultation

Vendors who provide unified monitoring

Providers of cloud services

telecommunications service providers

Integrators of systems

Providers of cloud services

Governmental organisations

Providers of managed services

“The research study provides answers to various questions for stakeholders, including which market segments to concentrate efforts and investments on in the next two to five years.”

The Unified Monitoring Market Report’s Scope

The research report divides the unified monitoring market into submarkets in order to anticipate revenues and examine trends in each:

Type of Component

Solutions

Services

Types of Deployment

On-premises

Cloud

Size of the Organization

Large Corporations

SMBs (Small and Medium-Sized Businesses) (SMEs)

Vertically

BFSI

Life Sciences and Healthcare

ITES and telecommunications

Public Administration and the Public Sector

Manufacturing

Logistics and Transportation

Retail and Consumer Goods

Others are (Travel and Hospitality, Media and Entertainment, and Energy and Utilities)

Region by Region

North America is located in North America.

United States of America

Canada

Europe

United Kingdom of Great Britain (UK)

Germany

France

Europe as a whole

Asia and the Pacific (APAC)

Japan

Australia and New Zealand are two countries that share a common border (ANZ)

China

APAC as a whole

Africa and the Middle East (MEA)

The Arab world

Africa

Latin America is a continent in South America.

Brazil

Mexico

Latin America as a whole

Customizations that are available

provides modifications based on company-specific needs using the market data provided.

During the projection period, the unified monitoring market is predicted to increase at a Compound Annual Growth Rate (CAGR) of 27.3 percent, from USD 3.32 billion in 2018 to USD 11.10 billion in 2023. Many factors, including lower costs, flexibility, agility, and security, are projected to boost demand for unified monitoring. Unified monitoring integrates research and innovation know-how with the whole lifecycle of monitoring solutions to provide faster Time-to-Market (TTM) and improved operational procedures.

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Components, deployment types, organisation sizes, verticals, and countries have all been used to segment the unified monitoring market. During the forecast period, the service component is predicted to increase at a faster rate, while the solution component is expected to have a greater market share in 2018. Because of the ease of use and flexibility that unified monitoring solutions and services provide, they have become a vital component of the business process for SMEs, and this trend is projected to continue in the future years.

In 2018, the on-premises deployment type is expected to have a greater market share. Enterprises are exploring new and better ways to improve operational benefits while lowering costs by implementing unified monitoring systems. Demand for unified monitoring systems and services is projected to be driven by regulatory compliance requirements, the need for lower Capital Expenditure (CAPEX) and Operational Expenditure (OPEX), and the need for uninterrupted business continuity. Enterprises that are using unified monitoring are increasingly turning to monitoring solutions to run their important business processes.

North America is expected to have the greatest market size in 2018, while the Asia Pacific (APAC) region is expected to develop at the fastest CAGR in the unified monitoring market over the forecast period. The global market is predicted to be driven by an increasing demand for efficient computing frameworks and comprehensive security whether operating in physical, virtual, or cloud environments.

Faster deployment, scalability, and agility; regulatory compliance requirements; a growing desire to lower CAPEX and OPEX; and unbroken business continuity are all important market growth factors. The market’s growth, however, may be hampered by businesses’ unwillingness to adopt current technologies.

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Dynatrace (US), CA Technologies (US), AppDynamics (US), Zenoss (US), Zoho Corporation (US), Opsview (UK), GroundWork Open Source (US), Fata Informatica (Italy), Acronis (Europe), and Paessler (Europe) are the leading companies in the unified monitoring sector (Europe). To increase their footprint in the global market, these companies have used a variety of techniques, including new product development, mergers and acquisitions, collaborations, and partnerships.