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IT Operation Analytics (ITOA) Market Size to Grow by USD 45.21 billion, Recent Developments to Boost Market Growth - Technavio

·13 min read

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The "IT Operation Analytics (ITOA) Market by Deployment (cloud and on-premise) and Geography (North America, Europe, APAC, the Middle East and Africa, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the IT operation analytics (ITOA) market size between 2021 and 2026 is USD 45.21 bn. To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report

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

Market Segmentation

By deployment, 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 significantly contributing to the growth of the cloud segment of the market.

View our FREE PDF Sample Report for additional insights into the contribution of all the
segments and regional opportunities in the report.

Key Market Dynamics

  • Market Driver: Recent developments are driving the growth of the market. For instance, in July 2020, SolarWinds expanded its IT operations management product. In July 2020, Citrix and Microsoft collaborated to establish hybrid IT environments during the COVID-19 pandemic. The companies announced the collaboration of their products and services to help the clients of Citrix migrate from on-premises to Microsoft Azure. They will develop a linked roadmap to make sure that the work experience is consistent and optimal. In June 2020, SAP announced the launch of the Corona Warn App for the Government of Germany. The country is one of the first in Europe to commission this app, based on the current Exposure Notification Framework criteria of Apple and Google. Such developments are expected to drive the growth of the market in focus.

  • Market Challenge: The increasing complexities 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, cloud, and virtual machines. Firms respond to variable resource demand because of the sheer dynamic nature of cloud and analytics technology. However, this has resulted in a decrease in visibility for organizations, as workflows and workloads are far from physical IT infrastructure. Such factors are expected to challenge the growth of the market in focus.

Technavio has identified key trends, drivers, and challenges in the market, which will
help vendors improve their strategies to stay ahead of their competitors. View our FREE
PDF Sample Report

Some Companies Mentioned

  • 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.

  • XpoLog Ltd.

Want your report customized? Speak to an analyst and personalize your report
according to your needs

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IT Operation Analytics (ITOA) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 37.21%

Market growth 2022-2026

USD 45.21 billion

Market structure

Fragmented

YoY growth (%)

34.7

Regional analysis

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

Performing market contribution

North America at 32%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Information Technology Market Reports

Key Topics Covered

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Deployment

  • 5.1 Market segments

  • 5.2 Comparison by Deployment

  • 5.3 Cloud - Market size and forecast 2021-2026

  • 5.4 On-premise - Market size and forecast 2021-2026

  • 5.5 Market opportunity by Deployment

6 Customer Landscape

  • 6.1 Customer landscape overview

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 North America - Market size and forecast 2021-2026

  • 7.4 Europe - Market size and forecast 2021-2026

  • 7.5 APAC - Market size and forecast 2021-2026

  • 7.6 Middle East and Africa - Market size and forecast 2021-2026

  • 7.7 South America - Market size and forecast 2021-2026

  • 7.8 US - Market size and forecast 2021-2026

  • 7.9 China - Market size and forecast 2021-2026

  • 7.10 UK - Market size and forecast 2021-2026

  • 7.11 Germany - Market size and forecast 2021-2026

  • 7.12 India - Market size and forecast 2021-2026

  • 7.13 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Impact of drivers and challenges

  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Vendor landscape

  • 9.3 Landscape disruption

  • 9.4 Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 Broadcom Inc.

  • 10.4 Cisco Systems Inc.

  • 10.5 Hitachi Ltd.

  • 10.6 International Business Machines Corp.

  • 10.7 Micro Focus International Plc

  • 10.8 Microsoft Corp.

  • 10.9 Oracle Corp.

  • 10.10 SAP SE

  • 10.11 SAS Institute Inc.

  • 10.12 Splunk Inc.

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Inclusions and exclusions checklist

  • 11.3 Currency conversion rates for US$

  • 11.4 Research methodology

  • 11.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global IT Operation Analytics (ITOA) Market 2022-2026
Global IT Operation Analytics (ITOA) Market 2022-2026
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