IT Infrastructure Monitoring Market
Global Market Study on IT Infrastructure Monitoring: Constantly Varying and Evolving IT Infrastructure to Augment Market Growth
IT Infrastructure Monitoring Market Segmented By Bundled Software, Individual Software and Consulting, Integration and Implementation Services with On premise, Cloud/hosted Deployment
As per Persistence Market Research’s industry analysis on IT infrastructure monitoring, global revenues are expected to top US$ 18.1 Bn in 2021. The global market is projected to register impressive growth at 13.6% CAGR through 2031.
IT infrastructure monitoring industry research indicates 12.5% y-o-y growth in 2021. Network monitoring software is set to enjoy the largest market share. On the other hand, demand for application performance monitoring software is forecast to surge at 15.5% CAGR over the decade.
Find Out More about the Report Coverage
- Hewlett Packard Enterprise
- IBM Corporation
- SolarWinds Inc.
- Sumo Logic
- Micro Focus
- ManageEngine (Zoho Corp)
- Cisco System, Inc.
- Broadcom Inc.
- Dynatrace LLC
- Splunk Inc
- Nagios Enterprises
- LogicMonitor, Inc.
Key Insights Covered in IT Infrastructure Monitoring Industry Survey:
- Market Estimates and Forecast 2016-2031
- Key Drivers and Restraints Impacting Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand Share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on IT Infrastructure Monitoring Demand and How to Navigate
- Recommendation on Key Winning Strategies
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IT Infrastructure Monitoring Demand Analysis from 2016-2020 Compared to Market Outlook for 2021-2031
The global IT infrastructure monitoring market size expanded at 10.8% CAGR from 2016 to 2020, and is estimated to be valued at US$ 18.1 Bn in 2021.
Businesses of all sizes somehow rely on IT infrastructure to deliver their products & services and building and maintaining their IT infrastructure. Most organizations deal with critical and sensitive data on a daily basis, which increases the risk of data theft.
Disruptions to business operations in the form of data breaches, cyber-attacks, network attacks, or social media account takeovers are the biggest challenge in front of organizations in any sector. Thus, to ensure that infrastructure is secured from cyber-attacks, organizations are increasingly adopting IT infrastructure monitoring tools.
The global market is anticipated to witness growth in revenue from US$ 16.1 Bn in 2020 to over US$ 64.5 Bn by 2031.
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How is Rising Need for Monitoring Legacy IT Infrastructure Affecting Sales?
Majority of organizations in various industries depend on computing systems to run their operations. These systems are built up over a number of years. As a result, many organizations still rely on legacy infrastructure. Maintaining legacy infrastructure can lead to many issues, as these systems are likely to be more susceptible to malware and other security threats.
One example is Windows XP, which, according to Microsoft, is six times more likely to be infected with malware than newer versions of Windows. Various technology vendors are developing advanced infrastructure monitoring tools to provide visibility in multi-cloud, hybrid IT, and legacy infrastructure.
The IT infrastructure landscape has seen a sea of changes in the last few years, thanks to evolving technologies, new business models, and ever-changing market demands. The business, market, and consumer demands are the driving force behind these great IT advancements such as Cloud, Mobility, IoT or D.C 4.0.
All these technology advancements are largely driven by automation or multiple tools in IT. We have entered into an era where tools and automation matters a lot as compared to the traditional service-oriented IT environment. Therefore, increasing demand for advanced IT infrastructure monitoring tools across various industries will be witnessed over the coming years.
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What are the Key Expansion Strategies Followed by IT Infrastructure Monitoring Solution Providers?
Companies operating in the market are delivering advanced, flexible, and cost-effective IT infrastructure monitoring solutions proactively, and are providing services to help end users maneuver through the ever-changing requirements.
With growing popularity of IT infrastructure monitoring, companies are helping consumers in choosing the right IT infrastructure monitoring as per their requirements. Companies have been working with different customers in order to understand their needs and further cater to their customized demands, aimed at meeting their frequently-changing industry-specific requirements.
Why is Demand for IT Infrastructure Monitoring Surging across the U.S.?
According to Persistence Market Research market analysis, overall IT infrastructure monitoring spending in the U.S. alone is likely to increase at the rate of 12.5% from 2021 to 2031, with a market value of over US$ 4.4 Bn in 2021.
The U.S. will emerge as the largest market for IT infrastructure monitoring in North America due to strong presence of service providers such as Cisco Systems, Inc., Hewlett Packard Enterprise, and IBM Corporation, among others. This is attributed to increase the demand for user-specific and advanced IT infrastructure monitoring across different industry verticals.
Moreover, rising demand for cloud-based services is one of the prime factors that will facilitate the adoption of IT infrastructure monitoring solutions in the country during the forecast period.
What are IT Infrastructure Monitoring Solution Providers Eyeing China?
According to the Persistence Market Research analysis, the market for IT infrastructure monitoring in China is likely to accelerate at a CAGR of close to 12% from 2021 and 2031, with a market value of around US$ 1.5 Bn in 2021.
Small- and medium-sized businesses in China are adopting public and private cloud offerings for their digital transformation strategies, while enterprises are adopting a multi-cloud, hybrid approach. For all these scenarios, both, IT and DevOps teams are tasked with managing the ever-increasing complexity of the infrastructure to provide a better user experience.
Furthermore, China's growing adoption and optimization of digital services emphasizes the need to deliver top-notch user experience to customers. Companies are actively engaged in bridging the operational gap for DevOps and IT teams with their deep monitoring insights that provide better visibility into performance trends and user impact, reducing time to repair and refine.
How are IT Infrastructure Monitoring Sales Faring across India?
The market in India is anticipated to witness growth in revenue from around US$ 750 Mn in 2020 to US$ 4.8 Bn by 2031. Demand for cloud-based IT infrastructure monitoring has increased rapidly in major economies of South Asia and Pacific, including India and Australia & New Zealand, which has created key potential growth opportunities for market participants.
The Government of India has implemented a number of ICT initiatives under the National e-Governance Plan (NeGP), including creation of ICT infrastructure both at the centre and state levels. The infrastructure thus created will provide the basis for adoption of cloud computing for the government with the objective of making optimum use of existing infrastructure, reuse of applications, efficient service delivery to the citizens, and increasing the number of e-transactions in the country, thus helping achieve the ultimate goal of NeGP.
Thus, demand for IT infrastructure monitoring solutions is projected to show major growth in the Indian market as enterprises seek cost-efficient solutions.
Why is Network Monitoring Software Witnessing Huge Popularity?
IT infrastructure monitoring standalone software is segmented into network monitoring software, server monitoring software, application performance monitoring software, endpoint management software, and others. Network monitoring software is dominating the market and is estimated to account for over 30.7% of total market value share.
Growing need for strong network monitoring capabilities to make sure smooth operations of mission-critical network infrastructure is the main factor that will fuel demand for network monitoring over the coming years.
Also, high demand for continuous monitoring due to increased network complexities and security concerns is also flourishing the sales of IT infrastructure monitoring solutions.
What are the Prospects for Sales of IT Infrastructure Monitoring Solutions for SMEs?
In terms of enterprise size, the market is segmented into small & medium enterprises (SMEs) and large enterprises. The SMEs segment is expected to register a higher CAGR of 14.2%, while also creating an incremental opportunity of US$ 20.6 Bn through 2031.
In today's technology environment, the IT landscapes of small- and mid-sized organizations tend to be just as complex as those of larger counterparts, just on a much smaller scale.
A sound IT infrastructure, including the company network, is just as important to small- and mid-sized companies as it is to larger businesses. However, smaller companies often have small IT teams or even a single administrator. That's why auxiliary tools such as network monitoring solutions are becoming increasingly important for smaller businesses.
IT infrastructure monitoring has the potential to deliver incalculable value to mid-sized companies, which is why, a majority now use these solutions, thereby propelling market growth.
Why Does the BFSI Sector Hold a Major Market Share in IT Infrastructure Monitoring?
The BFSI segment is expected to hold a significant share in the market, having accounted for US$ 3.7 Bn in 2020, and is poised to increase at a considerable CAGR of 15.3% over the next ten years.
The financial service sector has taken great strides forward in adapting to an increasingly digital world, but in so doing, has opened itself up to a raft of IT security threats. More than any other industry, financial brands need their customers to have a reliable, stable service to gain trust.
Even the smallest irregularity can confuse and panic consumers if they feel that their savings are at risk. This requires always-on operations, including equipment, applications, and staff. An IT infrastructure monitoring software tool can help with mobile access, ensuring that all systems can be monitored at any time, from anywhere.
Unified monitoring will be a key part of ongoing efforts to ensure tighter financial cyber-security, enabling banks to operate safely and reliably.
What is the Impact of COVID-19 on Supply Chain Management Demand?
The rapid spread of COVID-19 has disrupted the world’s economy. IT service companies have also experienced significant slowdown in growth during this period. However, IT infrastructure still remains the backbone of smooth business operations.
There has been significant increase in demand for IT infrastructure monitoring tools as a result of COVID-19 lockdown measures, as most employees are working remotely. Companies are making their IT departments ensure that all applications that are required for business operations are running smoothly for all the employees. Thus, during the pandemic period, demand for IT infrastructure monitoring tools has surged.
According to Persistence Market Research’s study, demand for IT infrastructure monitoring solutions is estimated to rise from 10.6% in 2019 to 12.5% in 2021.
Companies providing IT infrastructure monitoring solutions are aiming at product innovation and strategic partnerships with other vendors to enhance their portfolios while addressing the demand of an expanding customer pool. Introduction of new products and strategic partnerships are key in this landscape.
- In February 2021, SolarWinds had brought together its various application performance management (APM) tools within a single suite accessed via a software-as-a-service (SaaS) platform. The APM Integrated Experience offering combines the company’s AppOptics, Loggly and Pingdom tools to collect metrics, traces and logs along with real user monitoring capabilities and tools to simulate application traffic.
- In June 2021, Sumo Logic had entered into an agreement to acquire Sensu, Inc., a leader in open source monitoring. The acquisition will accelerate Sumo Logic's observability strategy by providing customers with an affordable, extensible, and scalable end-to-end solution for infrastructure and application monitoring. In addition, the acquisition will reinforce Sumo Logic’s commitment to open source to drive deeper engagement with the developer and DevOps communities.
IT infrastructure monitoring providers are also focusing on entering into partnerships with technology and digital solution providers to target new innovations within the market. This strategy helps companies broaden their geographic reach with additional service portfolios.
IT Infrastructure Monitoring Market Report Scope
Historical Data Available for
US$ Million for Value
Key Countries Covered
Key Market Segments Covered
Key Companies Profiled
Customization & Pricing
Available upon Request
Categorization of IT Infrastructure Monitoring Industry Research
- Integrated IT Infrastructure Monitoring Platforms
- Standalone Software
- Network Monitoring Software
- Server Monitoring Software
- Application Performance Monitoring Software
- Endpoint Management Software
- Professional Services
- IT Consulting Services
- Integration & Deployment
- Monitoring Services
- Support & Maintenance
- Managed IT Services
- Professional Services
- Cloud IT infrastructure Monitoring
- On-Premise IT infrastructure Monitoring
- IT infrastructure Monitoring for Small and Medium Enterprises (SMEs)
- IT infrastructure Monitoring for Large Enterprises
- IT infrastructure Monitoring for BFSI
- IT infrastructure Monitoring for IT & Telecom
- IT infrastructure Monitoring for Government & Defense
- IT infrastructure Monitoring for Retail & CPG
- IT infrastructure Monitoring for Healthcare
- IT infrastructure Monitoring for Energy & Utilities
- FAQs -
The global IT infrastructure monitoring market is currently valued at around US$ 16.1 Bn.
Demand for IT infrastructure monitoring increased at 10.8% CAGR from 2016 to 2020.
Continuous migration of server infrastructure to the cloud, introduction of robust suites of managed services by providers, and growing use of big data for IT monitoring and analytics are key market trends.
According to Persistence Market Research analysis, the U.S., U.K., and France are key countries providing IT infrastructure monitoring solutions.
North America is dominating the global market for IT infrastructure monitoring, accounting for 30.1% market share in 2020, with this regional market set to expand at a CAGR of 12%.
Hewlett Packard Enterprise, IBM Corporation, SolarWinds Inc., Cisco System, Inc., and Broadcom Inc. are top IT infrastructure monitoring solution providers, and are likely to account for nearly 39% share of the global market.
The European market for IT infrastructure monitoring is expected to rise at a CAGR of 12.8% from 2021 to 2031.
The BFSI sector is expected to dominate the market, generating revenue of US$ 17.4 Bn by 2031. However, the IT & telecom sector is estimated to see a major at a CAGR of 15.8%.
Leading countries driving demand for IT infrastructure monitoring are the U.S., U.K., Germany, Brazil, and India.
Demand for IT infrastructure monitoring in Japan and South Korea is expected to account for 36.9% and 18.5% value share in 2021, respectively, in the East Asia market.