IT Infrastructure Monitoring Market Research Report – Global Forecast till 2031

According to Persistence Market Research’s industry analysis. Through 2031, the global market is anticipated to rise at an amazing 13.6% CAGR.

IT infrastructure monitoring industry research indicates 12.5% y-o-y growth in 2021. Network monitoring software is set to enjoy the largest market share. On the other hand, demand for application performance monitoring software is forecast to surge at 15.5% CAGR over the decade.

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IT Infrastructure Monitoring Demand Analysis from 2016-2020 Compared to Market Outlook for 2021-2031

Businesses of all sizes somehow rely on IT infrastructure to deliver their products & services and building and maintaining their IT infrastructure. Most organizations deal with critical and sensitive data on a daily basis, which increases the risk of data theft.

Disruptions to business operations in the form of data breaches, cyber-attacks, network attacks, or social media account takeovers are the biggest challenge in front of organizations in any sector. Thus, to ensure that infrastructure is secured from cyber-attacks, organizations are increasingly adopting IT infrastructure monitoring tools.

How is Rising Need for Monitoring Legacy IT Infrastructure Affecting Sales?

Majority of organizations in various industries depend on computing systems to run their operations. These systems are built up over a number of years. As a result, many organizations still rely on legacy infrastructure. Maintaining legacy infrastructure can lead to many issues, as these systems are likely to be more susceptible to malware and other security threats.

One example is Windows XP, which, according to Microsoft, is six times more likely to be infected with malware than newer versions of Windows. Various technology vendors are developing advanced infrastructure monitoring tools to provide visibility in multi-cloud, hybrid IT, and legacy infrastructure.

The IT infrastructure landscape has seen a sea of changes in the last few years, thanks to evolving technologies, new business models, and ever-changing market demands. The business, market, and consumer demands are the driving force behind these great IT advancements such as Cloud, Mobility, IoT or D.C 4.0.

All these technology advancements are largely driven by automation or multiple tools in IT. We have entered into an era where tools and automation matters a lot as compared to the traditional service-oriented IT environment. Therefore, increasing demand for advanced IT infrastructure monitoring tools across various industries will be witnessed over the coming years.

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What are the Key Expansion Strategies Followed by IT Infrastructure Monitoring Solution Providers?

Companies operating in the market are delivering advanced, flexible, and cost-effective IT infrastructure monitoring solutions proactively, and are providing services to help end users maneuver through the ever-changing requirements.

With growing popularity of IT infrastructure monitoring, companies are helping consumers in choosing the right IT infrastructure monitoring as per their requirements. Companies have been working with different customers in order to understand their needs and further cater to their customized demands, aimed at meeting their frequently-changing industry-specific requirements.

Competitive Landscape
Companies providing IT infrastructure monitoring solutions are aiming at product innovation and strategic partnerships with other vendors to enhance their portfolios while addressing the demand of an expanding customer pool. Introduction of new products and strategic partnerships are key in this landscape.

Companies
Hewlett Packard Enterprise
IBM Corporation
SolarWinds Inc.
Sumo Logic
Micro Focus
ManageEngine (Zoho Corp)
Cisco System, Inc.

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Categorization of IT Infrastructure Monitoring Industry Research

Solution
Software
Integrated IT Infrastructure Monitoring Platforms
Standalone Software
Network Monitoring Software
Server Monitoring Software
Application Performance Monitoring Software
Endpoint Management Software
Others
Services
Professional Services
IT Consulting Services
Integration & Deployment
Monitoring Services
Support & Maintenance
Managed IT Services

Deployment
Cloud IT infrastructure Monitoring
On-Premise IT infrastructure Monitoring

Enterprise Size
IT infrastructure Monitoring for Small and Medium Enterprises (SMEs)
IT infrastructure Monitoring for Large Enterprises

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

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