Worldwide IT Operations Analytics Software Forecast, 2022–2026
This IDC study presents a five-year forecast for the worldwide IT operations analytics (ITOA) software market as of February 2022. This study updates the previous forecast published in Worldwide IT Operations Analytics Software Forecast, 2021–2025: Data Volumes and AIOps Capabilities Drive Growth."According to IDC estimates, the worldwide IT operations analytics software market achieved over $4 billion in 2021 in large part because of growing data volumes and velocity and increased availability of easier-to-use, lower-cost, and easier-to-deploy solutions," explains Tim Grieser, research vice president, Enterprise System Management Software, IDC. "Looking ahead, after a slowdown from the worldwide pandemic, IDC expects that this market will grow at a CAGR of 9.3% during the 2021–2026 period and exceed $6.6 billion by 2026."
Please Note: Extended description available upon request.
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