Global Unified Monitoring Market was valued US$ 2.75 Bn in 2016 and is anticipated to reach US$ 15.3 Bn by 2024 at a CAGR of about 27.8 % during a forecast period.Global Unified Monitoring MarketThe Global Unified Monitoring market is segmented into component, deployment type, organization size, vertical, and geography. Based on components, the market comprises of solutions and services. Large enterprises, and small and medium-sized enterprises are the organization sizes. The deployment type segment for the Unified Monitoring market consists of on-premises and cloud. BFSI, IT & Telecom, Transportation & Logistics, Retail & Consumer Goods, Manufacturing, Healthcare & Life Sciences, Government & Public Sector and Others are the vertical of the Global unified monitoring market. Global Unified Monitoring Market analysis and forecast for five major region North America, Europe, Asia Pacific, Middle East & Africa and Latin America along with their key regions.
Unified monitoring is a platform that integrates and manages the entire IT infrastructure, including the cloud, physical, and virtual platform. It is a proven strategy for increasing end-user and IT productivity, maintaining industry compliance, and others. With this approach, the user gets visibility into metrics of interest from each of these discrete areas. As the organizations are evolving, many are switching to cloud-based and virtual servers to support their legacy systems.
Among components, the solution segment is expected to hold the larger market size during the forecast period. Unified monitoring solution provides an integrated view of the activities and performance of resources by using monitoring tools for evaluating, monitoring, and managing services, applications, and infrastructure. It provides several features, such as full visibility across the cloud/virtual or on-premises environment, elimination of blind spots, and early detection of issues and vulnerabilities. Moreover, unified monitoring solutions are built for organizations of all sizes, and as business activities increase, the monitoring tools can scale simultaneously.
Under deployment types, the cloud deployment type is expected to hold the larger market size, and is also expected to grow at a higher CAGR during the forecast period. The on-premises deployment type is the traditional approach of implementing unified monitoring solutions. It provides enterprises complete control over their platforms, applications, systems, and data, and these can be handled and managed by organizations’ internal IT staff. The government and BFSI verticals prefer the on-premises deployment type, as enterprises in these verticals cannot put the confidential data of the nation at risk, by losing complete control over sensitive data, financial records, accounting information, and money transaction information.
The healthcare industry vertical is expected to be the largest-growing industry vertical in the EFSS market. The use of mobile devices among patients, doctors, nurses, and other supporting staff has increased across the globe. Moreover, organizations in the healthcare industry vertical are required to adhere to Health Insurance Portability and Accountability Act (HIPAA) regulations for data sharing and storage.
North America is expected to hold of the largest market share for Unified Monitoring Market among other regions in 2016. APAC is anticipated to experience the highest market growth over the forecast period, this is majorly due to the growing necessity for efficient computing framework and complete security while operating in virtual, physical, or cloud environments mega infrastructure developments that are taking place in APAC region.
Fata Informatics, Cornices, Zoho Corporations, Zenoss , CA Technologies, Dynatrace , Zenoss, Paessler, Appdynamics, Groundwork Open Source, Opsview are key players included in the Global Unified Monitoring market.
The Scope of the Global Unified Monitoring Market:
Global Unified Monitoring Market by Component:
- Solutions
- Services
Global Unified Monitoring Market by Organization Size:
- Large Enterprises
- Small and Medium-Sized Enterprises
Global Unified Monitoring Market by Deployment Type:
- On-Premises
- Cloud
Global Unified Monitoring Market by Vertical:
- BFSI
- IT & Telecom
- Transportation & Logistics
- Retail & Consumer Goods
- Manufacturing
- Healthcare & Life Sciences
- Government & Public Sector
- Others
Global Unified Monitoring Market by Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Key Player Analysed in Global Unified Monitoring Report:
- Fata Informatics
- Cornices
- Zoho Corporations
- Zenoss
- CA Technologies
- Dynatrace
- Paessler
- Appdynamics
- Groundwork Open Source
- Opsview
- AT&T
- Microsoft
- Verizon Enterprise Solutions
- Ericsson
- Alcatel-Lucent
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