Cloud Monitoring Market Size Observe Significantp
Cloud Monitoring Market Size Observe Significant Surge during
2019- 2022
According to a new market research report "Cloud Monitoring
Market by
Component (Solution and Services (Integration and Deployment, Support and
Maintenance, and Training and Consulting)), Service Model, Organization Size,
Industry, and Region - Global Forecast to 2022", published by MarketsandMarkets™,
the Cloud Monitoring Market expected to grow from $ 821.4 Million in 2017 to $
1,976.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.2%.
The increasing number of security threats and data
breaches have propelled the adoption of cloud monitoring solutions. Cloud
monitoring offerings provide enhanced security capabilities and insights that
help to efficiently detect and prevent vulnerabilities. This has further fueled
the demand for these solutions among the end-users.
Browse in-depth TOC on "Cloud
Monitoring Market”
76- Tables
33- Figures
126- Pages
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The support and maintenance services are expected to
grow at a considerable CAGR during the forecast period
By service, the Cloud Monitoring Market has been
segmented into integration and deployment, support and maintenance, and
training and consulting. Support and maintenance services include support
related to the implementation and use of products, provided by cloud monitoring
vendors. Maintenance services facilitate upgrades to the existing systems and
provide assistance for solving issues related to products. As the deployment of
cloud monitoring solutions is increasing, the demand for support and
maintenance services is also gaining traction.
The Software as a Service (SaaS) segment is expected
to have the highest CAGR during the forecast period
By service model, the market has been segmented into
SaaS, Platform as a Service (PaaS) and infrastructure as a Service (IaaS). SaaS
is a model of software deployment where an application is hosted as a service
and provided to users through the web. SaaS is also known as an on-demand
software or application solution. Using a comprehensive cloud monitoring
solution, administrators are able to attain measuring points for many
SaaS-based applications. These monitoring tools provide the ability to gain
continuous insights into SaaS performance and to proactively detect and rectify
any performance regressions or problems. As the deployment of SaaS is
increasing, the demand for cloud monitoring solutions is also gaining traction.
North America is expected to dominate the Cloud
Monitoring Market during the forecast period
On the basis of regions, the global Cloud Monitoring
Market is segmented into North America, Asia Pacific (APAC), Europe, Middle
East and Africa (MEA), and Latin America. North America is estimated to have
the largest market size in 2017, owing to the presence of a large number of
vendors and rapid adoption of cloud-based solutions in this region. The market
in APAC is expected to grow at the highest CAGR during the forecast period. The
primary driving forces for this growth are the increasing awareness and
adoption of cost-effective and scalable cloud-based solutions in this region.
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The report also includes different strategies, such
as mergers and acquisitions, partnerships and collaborations, and developments,
adopted by the major players to increase their shares in the market. Some of
the major technology vendors in the Cloud Monitoring Market include CA, Inc.
(US), SolarWinds Worldwide, LLC. (US), Dynatrace LLC (US), IDERA, Inc. (US),
SevOne Inc. (US), Cloudyn (Israel), Zenoss Inc. (US), Datadog, Inc. (US),
Kaseya Limited (US), LogicMonitor, Inc. (US), and Opsview Ltd. (US).
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