IT Infrastructure Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

IT Infrastructure Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The IT infrastructure monitoring market is expanding rapidly, driven by significant technological advancements and the growing need for efficient IT infrastructure management.The market is projected to reach $3.97 billion in 2024 and $12.98 billion by 2031, growing at a CAGR of 18.40%. IT infrastructure monitoring software is designed to oversee the availability of IT infrastructure hosted either in the cloud as infrastructure as a service (IaaS) or within data centers. This software monitors and compiles availability and resource utilization metrics for servers, networks, databases, hypervisors, and storage. It collects real-time metrics and tracks trends in the elements it monitors, ensuring seamless operations and optimal performance.

Advances in programming have significantly enhanced the capabilities of IT frameworks and distributed computing, increasing the flexibility, elusiveness, and on-demand nature of IT foundations. As the complexity of enterprise organizations and frameworks grows, IT infrastructures must scale accordingly. The integration of artificial intelligence (AI) into IT infrastructure monitoring makes systems intelligent enough to recognize data trends, understand relationships between IT components, and make informed decisions. AI algorithms can be trained, tested, and deployed by accessing and managing computing resources, thus propelling market expansion through automation and intelligent IT infrastructure management.

The global increase in spending on IT infrastructure is a key driver for the IT infrastructure monitoring software market. However, the market faces potential slowdowns due to the growing security threats posed by cyberattacks. Despite these challenges, the expanding presence of service providers is expected to benefit the market.

The market has witnessed significant developments recently. For instance, Datadog Inc., a monitoring solutions provider, released its universal service monitoring solution. This solution automatically detects microservices within an organization’s infrastructure, providing users with a clear vision of their infrastructure's health without requiring any changes in programming. Additionally, Geocomp, a company specializing in monitoring equipment and services, was acquired by CGG, a technology company. This acquisition allows CGG to expand its product portfolio and enter new markets.

Regional Market Insights

North America: The market in North America has consistently held a leading position in the global Analysis. The region is characterized by numerous data centers, large enterprises, and extensive IT infrastructure across various industrial sectors. The presence of several multinational companies makes North America a hub for large-scale IT infrastructure. The high incidence of cyberattacks in this economically prosperous region underscores the importance of regular IT infrastructure monitoring and protection.

Europe: The market in Europe, particularly in the UK, is driven by the rapid growth of sectors such as BFSI (banking, financial services, and insurance). The UK, being one of the most economically powerful countries in Europe, has numerous businesses that require heavy infrastructure. This drives the demand for IT infrastructure monitoring. The UK is expected to see steady growth in this market, supported by its robust economic Analysis.

Asia-Pacific: India, with its rapidly expanding economy, presents lucrative growth opportunities for the IT infrastructure monitoring market. The development of several industrial verticals, such as e-commerce and edu-tech, is driving the demand for extensive internet infrastructure. The growing industries in India are expected to significantly contribute to the market's growth.

Market Drivers

Large Enterprises: The market for IT infrastructure monitoring is dominant among large enterprises. These organizations require robust solutions to manage their extensive IT infrastructure. While smaller enterprises may not invest heavily in these solutions due to minimal infrastructure needs, data center vendors and ISPs, regardless of size, are significant consumers of IT infrastructure monitoring technology.

Technological Advancements: The continuous advancements in AI and automation are transforming IT infrastructure monitoring. AI integration enables intelligent monitoring, allowing systems to understand data trends, manage computing resources, and make informed decisions. This technological evolution is a key driver of market growth.

Category-wise Insights

Software Segment: The software segment holds the largest market share, driven by the necessity to run and manage IT environments in businesses. Various versions of IT infrastructure monitoring software cater to different industrial backgrounds and customer requirements, making the software segment particularly appealing.

On-Premise Deployment: The on-premise deployment segment has a significant market share, offering users greater control over their data, which is stored locally. This can be particularly beneficial for compliance with regulations. On-premises systems enhance the overall quality of IT infrastructure monitoring, maintaining their dominance in the market.

Competitive Analysis

Major companies in the IT infrastructure monitoring market are actively collaborating and partnering with other organizations to enhance their product offerings and provide more comprehensive solutions. Some key players include:
• Hewlett Packard Enterprise
• IBM Corporation
• Solar Winds Inc.
• Sumo Logic
• Micro Focus
• Manage Engine (Zoho Corp)
• Cisco Systems, Inc.
• Broadcom Inc.
• Dynatrace LLC
• Splunk Inc.
• Nagios Enterprises
• Datadog
• Pulseway
• Logic Monitor, Inc.
• ScienceLogic

Recent developments include Equinor and Norwegian technology company Vissim completing the development of an expanded ocean space surveillance system for energy operators. This system includes subsea infrastructure monitoring, marine planning through weather forecasts, real-time monitoring, and 3D situational awareness. Additionally, Netreo's full lifecycle APM solutions, Retrace by Netreo, and its full-stack IT infrastructure monitoring received Veracode Verified Standard recognition, demonstrating adherence to AppSec best practices and enhancing security.

Key Segments of IT Infrastructure Monitoring Market

By Solution:
• Software
Integrated IT Infrastructure Monitoring Systems
Standalone Software

§ Network Monitoring Software

§ Server Monitoring Software

§ Application Performance Monitoring Software

§ Endpoint Management Software

§ Others
• Services
Professional Services

§ IT Consulting Services

§ Integration and Deployment

§ Monitoring Services

§ Support and Maintenance

§ Managed IT Services

By Deployment:
• Cloud IT Infrastructure Monitoring
• On-Premise IT Infrastructure Monitoring

By Enterprise Size:
• IT Infrastructure Monitoring for Small and Medium Enterprises (SMEs)
• IT Infrastructure Monitoring for Large Enterprises

By Industry:
• 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
• Others

By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

Please note: Delivery Timelines - 5 working days.