IT Operation Analytics (ITOA) Market 2024-2028
The it operation analytics (ITOA) market is forecasted to grow by USD 82.7 bn during 2023-2028, accelerating at a CAGR of 49.5% during the forecast period. The report on the it operation analytics (ITOA) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by recent developments, proliferation of huge amounts of it operations data, and innovations in bring your own device (BYOD) and internet of things (IoT) to improve business operations.
Technavio's it operation analytics (ITOA) market is segmented as below:
- By Deployment
- Cloud
- On-premises
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growing demand for holistic 360-degree visibility as one of the prime reasons driving the it operation analytics (ITOA) market growth during the next few years. Also, increasing focus on adoption of cloud it operations analytics solutions and rising number of data centers will lead to sizable demand in the market.
The report on the it operation analytics (ITOA) market covers the following areas:
- IT Operation Analytics (ITOA) Market sizing
- IT Operation Analytics (ITOA) Market forecast
- IT Operation Analytics (ITOA) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading it operation analytics (ITOA) market vendors that include Broadcom Inc., Cisco Systems Inc., Evolven Software Inc., ExtraHop Networks Inc., Hitachi Ltd., International Business Machines Corp., iOPEX Technologies Inc., Microsoft Corp., Moogsoft Inc., Nastel Technologies Inc., NetApp Inc., Nexthink SA, Open Text Corporation, Oracle Corp., Resolve Systems LLC, SAP SE, SAS Institute Inc., Splunk Inc., and XpoLog Ltd.. Also, the it operation analytics (ITOA) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.