"According to a market report by Lucintel, the future of the global Cloud Monitoring market looks promising with opportunities in the BFSI, healthcare, it & telecom, government, and manufacturing markets. The global cloud monitoring market is expected to reach an estimated $6.4 billion by 2030 with a CAGR of 18.7% from 2024 to 2030. The major drivers for this market are growing need to effectively manage cloud security and performance, increasing use of affordable cloud-based data management solutions, and rising adoption of cloud based services by businesses.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in cloud monitoring market to 2030 by component (solution and services), service model (SaaS, PaaS, and IaaS), end use industry (BFSI, healthcare, IT & telecom, government, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, solution and service are the major segments of cloud monitoring market by component type. Lucintel forecasts that solution is expected to witness highest growth over the forecast period.

Within this market, BFSI will remain the largest segment due to growng adoption of cloud monitoring in this sector to enable digital transformation and modernization transitions of their business model.

APAC is expected to witness highest growth over the forecast period due to increasing demand for cloud based technology among various end use industres, such as e-commerce, logistics, retails, supply chain, education, healthcare, BFSI, and manufacturing of the region.

AWS, Broadcom, IDERA, Oracle, LogicMonitor, Datadog, Zenoss, IBM, Microsoft, and SevOne are the major suppliers in the cloud monitoring market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]