IT Operation Analytics (ITOA) market size will grow by $ 45.21 billion, recent developments to stimulate market growth

NEW YORK, September 22, 2022 / PRNewswire / – The “IT Operation Analytics (ITOA) market by distribution (cloud and on-premise) and geography (North America, EuropeAPAC, the Middle East And AfricaAnd South America) – The 2022-2026 Forecast and Analysis report “has been added to Technavio’s offering. The potential growth difference for the size of the IT Operations Analysis (ITOA) market between 2021 and 2026 is 45 USD0.21 billion. To get the exact CAGR and year-on-year growth rate, request a FREE PDF sample report

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

Market segmentation

For distribution, the cloud segment will be the largest contributor to market growth during the forecast period. The cloud model offers advantages such as effective quality control, intuitiveness and easy maintainability. 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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regional segments and opportunities in the report.

Main market dynamics

  • Market Driver: Recent developments are driving market growth. For example, in July 2020, SolarWinds has expanded its IT operations management product. In July 2020, Citrix and Microsoft have collaborated to create hybrid IT environments during the COVID-19 pandemic. The companies announced the collaboration of their products and services to help Citrix customers migrate from on-premises to Microsoft Azure. They will develop a linked roadmap to make sure the work experience is consistent and optimal. In June 2020SAP has announced the launch of the Corona Warn app for the government of Germany. The country is one of the first to enter Europe to commission this app, based on Apple and Google’s current exposure notification framework criteria. These developments should guide the growth of the relevant market.

  • Market challenge: the growing complexity and dynamic nature of IT architecture will challenge the growth of the IT Operation Analytics (ITOA) market during the forecast period. Organizations use modern IT architecture to make their IT infrastructure more dynamic and adaptable. This is achieved by leveraging virtualization technologies such as containers, clouds and virtual machines. Enterprises respond to the changing demand for resources thanks to the pure dynamic nature of the cloud and analytics technology. However, this has resulted in decreased visibility for organizations, as workflows and workloads are far from the physical IT infrastructure. These factors are expected to challenge the growth of the market under consideration.

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Some companies mentioned

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Market scope of IT Operations Analysis (ITOA).

Report coverage

Details

Page number

120

Reference year

2021

Forecast period

2022-2026

Moment of growth and CAGR

Accelerate to 37.21% CAGR

Market growth 2022-2026

45.21 billion dollars

Market structure

Fragmented

Year-on-year growth (%)

34.7

Regional analysis

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

Contribution of the performing market

North America at 32%

Key consumer countries

United States, China, India, United Kingdom and Germany

Competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

Profiled companies

Broadcom Inc., Cisco Systems Inc., Elastic NV, Evolven Software Inc., ExtraHop Networks Inc., Hitachi Ltd., International Business Machines Corp., iOPEX Technologies Inc., Micro Focus International Plc, Microsoft Corp., Moogsoft 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

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, and Market Condition Analysis for the Forecast Period.

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

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Key topics covered

1 Executive summary

2 Market panorama

3 Sizing of the market

4 Analysis of the five forces

5 Market segmentation by distribution

6 Customer landscape

7 Geographic landscape

8 Drivers, challenges and trends

9 Vendor landscape

10 Supplier Analysis

11 Appendix

Who we are

Technavio is a world-leading technological consulting and research company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.

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IT Operation Analytics (ITOA) Global Market 2022-2026

IT Operation Analytics (ITOA) Global Market 2022-2026

Cision

Cision

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