Global IT Operations Analytics Market


Posted August 6, 2020 by chetanag

Global IT Operations Analytics Market was valued US$ XX Bn. in 2019 and is expected to reach US$ XX Bn. by 2027, at a CAGR of 35.10 % during a forecast period.

 
Global IT Operations Analytics Market was valued US$ XX Bn. in 2019 and is expected to reach US$ XX Bn. by 2027, at a CAGR of 35.10 % during a forecast period.




The report study has analyzed revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers and market disrupters in the report and same is reflected in our analysis.

IT operating data is evaluated in real time with the help of big data analytics. It is used in three main areas such as search, optimization, and forecasting. IT operations analytics delivers real-time analysis feature and it analyses the IT data. It is also known as advanced operational analytics, which is implemented by verticals like BFSI, media & entertainment, automotive sector to streamline their IT functions. Artificial Intelligence (AI) and Machine Learning (ML) capabilities have found their way into many of the IT operations analytics offerings.

Rapid expansion of the IT industry and complexity of IT environments are generating huge amount of operational data. Traditionally, enterprises used traditional data analytics tools, which were inefficient and led to less ROI for large operational data. Currently, many organizations are analyzing operational data effectively to derive meaningful insights with the introduction of IT operations analytics. ITOA solutions are assisting organizations to quickly discover the root-cause of IT system performance problems and analyze it in a scalable and cost-effective manner.

On the other hand, organizations have required to keep their IT infrastructure and operations to meet the demands of changing business environment. IT operations are comprised of multiple functions, which are operating on different layers, platforms, and infrastructure. A small change in any parameter of the functions are expected to limit the superior performance of IT operations.

The generation of extensive mobile data, increase in IoT and mobile devices, connectivity of internet and requirement for data storage in numerous industries is expected to increase in the number of data centers. Data centers have offered effective way in terms of cost saving, risk mitigation, and data delivery speed. Many organizations are backing up their data with data centers. An introduction of technologies like visual analytics, predictive analytics, user-behavior analytics, root-cause analytics, and real-time log analytics are increasing the efficiency of IT operations. Increases in the number of data centers are offering enabling solution to vendors for development of better analytical solutions for the IT operations teams to manage data.

North America region held the dominant position in 2019 and is projected to continue its dominance during the forecast period. The region is one of the prominent regions, which is expected to contribute XX% share in the global market. The growth in the market is attributed to the presence of the prominent key players like Cisco, IBM, and Verizon and large-scale implementations across industries. The rapid changes in IT infrastructure like cloud and virtualization have significantly increased the pressure on network administrators to manage the IT operation analytics. The growth of IT operational data and the demand for next-generation ITOA solutions are some of the prominent factors behind the growth of the regional market growth.

The objective of the report is to present a comprehensive analysis of the Global IT Operations Analytics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global IT Operations Analytics Market dynamics, structure by analyzing the market segments and projects the Global IT Operations Analytics Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global IT Operations Analytics Market make the report investor’s guide.
Scope of the Global IT Operations Analytics Market

Global IT Operations Analytics Market, By Application

• Real-time log analytics
• Application Performance Management
• Infrastructure Management
• Network and Security management
• Others
Global IT Operations Analytics Market, By Technology

• Visual Analytics
• Machine-Based Learning
• Predictive Analytics
• User-Behavior Analytics
• Root-Cause Analytics
Global IT Operations Analytics Market, By Deployment Model

• On-Premises
• On-demand
Global IT Operations Analytics Market, By Vertical

• BFSI
• Healthcare and Life Sciences
• Retail and Consumer Goods
• Manufacturing
• Travel and Hospitality
• IT and Telecommunication
• Media and Entertainment
• Government
• Other
Global IT Operations Analytics Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global IT Operations Analytics Market

• Oracle Corporation
• IBM Corporation
• Sap Se
• Hewlett Packard Enterprise
• Splunk Inc.
• TeamQuest Corporation
• Evolven Software Inc.
• Microsoft Corporation
• Vmware, Inc.
• Hitachi Data Systems
• Extrahop Networks
• CA Technologies
• Prelert Inc.

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Last Updated August 6, 2020