IT Infrastructure Monitoring Market Segmented By Bundled Software, Individual Software and Consulting, Integration and Implementation Services
Industry: IT and Telecommunication
Published Date: December-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP8797
The IT infrastructure monitoring market is estimated to be valued at US$ 3,426.2 Mn in 2023. The market is projected to have grown to US$ 15,554.4 Mn by 2033, and is predicted to grow at a CAGR of 16.3% from 2023 to 2033.
Software for IT infrastructure monitoring records the availability of IT infrastructure that is hosted in the cloud as infrastructure as a service (IaaS) or in a data center. The availability and resource utilisation matrices of servers, networks, databases, hypervisors, and storage are monitored and compiled by this software. Specifically, these tools collect metrics in real time and analyse or track trends in the elements they monitor.
Rapid advances in programming have characterised frameworks and distributed computing, increasing the adaptability, elusiveness, and on-demand of the IT foundation.
As the complexity of a venture's organisation and framework grows, it is critical that the IT foundation adapt to this growing scale. AI integration makes IT infrastructure intelligent enough to recognise data trends, understand the relationship between IT components, and make appropriate decisions. It lets AI algorithms be trained, tested, and put into use by accessing and managing computing resources. automation and management of IT infrastructure using artificial intelligence (AI) to propel market expansion.
The IT infrastructure monitoring software market is expanding as a result of the global increase in spending on IT infrastructure. The market for IT infrastructure monitoring software may experience a slowdown as a result of the growing security threat posed by cyberattacks. Additionally, the IT infrastructure monitoring software market is anticipated to benefit from the expanding presence of service providers.
The IT infrastructure monitoring market was valued at US$ 2,987.1 Mn in 2022. The infrastructure monitoring market will see new opportunities presented by the rising popularity of infrastructure monitoring. The market will benefit from the investments made by businesses and the advancements in service customization for infrastructure monitoring software.In terms of the regional market landscape, the market in North America held a leading market share of 28.1% in the global landscape in 2022 and is expected to retain its leading position throughout the forecast period. Meanwhile, demand for IT infrastructure monitoring in the Europe region will hold around 19.1% of the market in 2022.
| Attributes | Key Insights |
|---|---|
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IT Infrastructure Monitoring Market Size (2023) |
US$ 3,426.2 Mn |
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Projected Market Value (2033) |
US$ 15,554.4 Mn |
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Global Market Growth Rate (2023-2033) |
16.3% |
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Software Segment Market Share (2022) |
64.5% |
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India Market Growth Rate (2022) |
16.5% |
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On-Premise IT infrastructure Monitoring Segment Market Share (2022) |
56.6% |
“IT Infrastructure Monitoring Market Dominant Among Large Enterprises”
IT infrastructure monitoring requirements can vary for enterprises, as it is necessary for them to maintain their IT infrastructure as per the size of the IT infrastructure that they have. Enterprises that are small may not invest in this solution because of the minimal infrastructure that they have. However, this is indeed a technology that will be in high demand from data centre vendors and ISPs (Internet service providers), irrespective of their size.
“Presence of Large Enterprises and Data centers in US Drives the IT Infrastructure Monitoring Market”
US has numerous data centres, large enterprises and IT infrastructure across industrial sectors, the country is home to several large multi-national companies, making it the centre for large scale IT infrastructure globally. This country is also prone to several cyber-attacks because of the economic prosperity of this country, making it important for especially the large enterprises to take steps to monitor and protect the infrastructure on a regular basis.
Due to these factors, the IT infrastructure and monitoring market was estimated to have the largest market share of 15.6% in 2022.
“Growing Industries Drives the IT Infrastructure Monitoring Market in India”
The Indian economy is expanding at a rapid rate and is estimated to be a much higher economy by the end of the forecast period than it is today. This economic growth is supported by the development of several industrial verticals in this country, the e-commerce businesses, edu-tech businesses, are growing in this country at a rapid rate and the being the second largest population in the world, the country has the requirement for vast infrastructure for internet supply.
Due to these factors the IT infrastructure monitoring market is estimated to grow at a CAGR of 16.5% over the forecast period in India.
“Rapid Growth in BFSI Sector in UK Drives the IT Infrastructure Monitoring Market”
The UK is one of the most economically powerful countries in Europe. The presence of numerous businesses, both within and outside its borders, that require heavy infrastructure, such as oil and petroleum or the BFSI sector, drives the demand for IT infrastructure monitoring.Due to this the IT infrastructure monitoring market in U.K was estimated to grow at a CAGR of 10.5% in 2022.
Why Software Segment holds largest market?
The market is divided into software and services. The software accounted for 64.5% of the global market share and is expected to hold that position over the next ten years. The software is needed to run and manage IT environments in businesses, various different versions of IT infrastructure monitoring exist that allow the software segment to have a large market share as it could appeal to a wide market based upon the requirements and industrial backgrounds of the customers.
In Deployment, On-Premise Segment Increase Adoption in IT Infrastructure Monitoring Market?
Based on deployment, the market is segmented into the cloud IT infrastructure monitoring and on-premise IT infrastructure monitoring segments. On-premise had 56.6% of the global market share in 2022 and is expected to maintain that position over the next ten years. Users have greater control because the data is stored locally. Compliance with regulations can benefit, especially from on-premises systems.
Thus, this would improve the overall quality of IT infrastructure monitoring, enabling the market share to be held by this industry by a wide margin.
Major IT infrastructure monitoring companies are collaborating and partnering with other organizations to provide more solutions and to improve their product portfolio.
Recent developments related to key players providing IT infrastructure monitoring market solutions have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
| Attribute | Details |
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2018-2022 |
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Market Analysis |
US$ Mn for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
By Solution:
By Deployment:
By Enterprise Size:
By Industry:
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To know more about delivery timeline for this report Contact Sales
In 2022, the market value of IT infrastructure monitoring was US$ 2,987.1Mn.
The global IT infrastructure monitoring market is estimated to advance at a 16.3% CAGR through 2033.
The market for IT infrastructure monitoring is forecasted to climb to US$ 15,554.4 Mn by 2033 end.
Demand for IT infrastructure monitoring market in India is projected to rise at a CAGR of 16.5% over the forecast period.
In 2022, the North America IT infrastructure monitoring market held a dominant market share of 28.1%.
