Global IT Operations Analytics Market, By Geography, Application (Real-Time Log Analytics, Application Performance Management), Technology/Tool (Visual Analytics, Machine-Based Learning), Deployment Model (On-Premises, On-Demand), Organization Size (Large enterprises, SMEs), Vertical(BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication Media & Entertainment, Government)- Industry Trends and Forecast to 2024
Data Bridge Market Research provides new industry report global IT operations analytics market accounted for USD 2.83billion in 2016 growing at a CAGR of 39.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The IT operations analytics is an analysis technique retrieve, analyze, and report data for IT operations. The process involves collection of data from various sources and identifying problems in advance of their occurrence.
With the help of IT in analytics data is collected from various sources and key insights are extracted from this data such as log files, performance metrics, events and trouble tickets among others. The increasing adoption of cloud computing networks, increasing digitization is some of the factors boosting the growth of this market whereas heavy investments may hinder the growth.
Major Market Competitors:
Some of the major players of the global IT operations analytics market are IBM, SAP SE, Splunk Inc., Hewlett Packard Enterprise Development LP, Oracle,Nexthink, Sumo Logic, PrelertInc, VMware,Inc, ExtraHop Networks, AppDynamics, Evolven Software, BAY DYNAMICS, Microsoftamong others.
On The Basis Of Application: - real-time log analytics, application performance management, infrastructure management, network and security management and others.
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On The Basis Of Technology/Tool: - visual analytics, machine-based learning, predictive analytics, user-behavior analytics and root-cause analytics.
On The Basis Of Deployment Model: - on-premises and on-demand.
On The Basis Of Organization Size: - large enterprises and small and medium sized enterprises.
On The Basis Of Vertical:- BFSI (Banking, Financial services and Insurance), healthcare and life sciences, retail and consumer goods, manufacturing, travel & hospitality, IT & telecommunication media & entertainment, government and others.
The report for global IT operations analytics market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Drivers and Restraints:
- Increasing Adoption of Cloud Computing Networks
- Increasing Digitization
- Heavy Investments
- Continuous Updating of IT Operations Requires High Cost
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