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Growth of the global cloud monitoring market is led by the high demand for monitoring huge data set. The global data sphere is expected to reach up to 163 zettabytes by 2025, due to increasing adoption of cloud monitoring
Cloud Monitoring Market - Global Industry Insights, 2017-2025
Cloud monitoring refers to the process of monitoring, reviewing, and managing
of operational processes and work within a cloud-based IT infrastructure. Cloud
monitoring is implemented by using manual or mechanized IT monitoring and
management technology for the optimal performance of cloud infrastructure.
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Major applications of cloud monitoring include website monitoring, virtual
machine monitoring, database monitoring, virtual network monitoring, and
cloud storage monitoring. These functions of cloud monitoring enables easy
detection of potential security threads in infrastructure, by tracking the process,
and monitoring traffic. Cloud monitoring solutions involves scanning,
classifying, analyzing of data and then take action to protect against loss of data,
before it leaves the network.
Growth of the global cloud monitoring market is led by the high demand for
monitoring huge data set. According to Coherent Market Insights analysis, the
global data sphere is expected to reach up to 163 zettabytes by 2025, due to
increasing adoption of cloud monitoring. This is in turn, expected to increase
due to advantages of cloud monitoring such as cost effectiveness, performance,
scalability, and flexibility have also accelerated growth of the market.
High demand for cloud monitoring for financial applications is expected to
increase market growth
Software-as-a-service is an on-demand application, used to control and rectify
performance of a system. Increasing adoption of software-as-a-services
offerings such as customer relationship management (CRM), human capital
management (HCM), enterprise resource management, and other financial
applications creates a favorable environment for adoption of cloud monitoring,
specifically in large organizations. Unlike conventional banking application
software, it does not require employees for smooth running of the system. Also,
it does not require major investment in PCs, network infrastructure, and backup
systems. Moreover, it provides data security and does not require frequent
software upgrade. Hence, it reduces the overall cost of the system. Additionally,
growing inclination of the enterprise buyers towards adoption of the
software-as-a-service solutions is expected to boost growth of the market for
cloud computing in the near future. According to Coherent Market Insights’
analysis, around 45% of adoption by large enterprise in the U.S. will comprise
software-as-a-service. This in turn, is expected to boost growth of the market for
cloud monitoring.
Cloud Monitoring Market Taxonomy
On the basis of component, the global cloud monitoring market is segmented
into:
●
●
Solution
Services
On the basis of service model, the global cloud monitoring market is segmented
into:
●
●
●
Software-as-a-service
Platform-as-a-service
Infrastructure-as-a-service
On the basis of organization size, the global cloud monitoring market is
segmented into:
●
●
Small and Medium-sized Enterprises
Large
Enterprises
On the basis of end-user industry, the global cloud monitoring market is
segmented into:
●
Banking, Financial Services, and Insurance
●
●
●
●
●
●
●
Healthcare and Life Sciences
Telecommunications and IT
Government and Defense
Manufacturing
Retail and Consumer Goods
Media and Entertainment
Others
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North America is expected to hold a dominant position in the cloud
monitoring market during the forecast period
North America held a dominant position in the global cloud monitoring market
in 2016. The U.S. and Canada hold the largest market share in the region, owing
to the shifting of data to cloud infrastructure in these countries. In 2015, North
America accounted for around 42% of the global cloud data center workload.
For instance, Amazon Web Services (AWS) enables scalability and flexibility
of IT services to be delivered to end-use industries. Moreover it also provides
externally hosted computing resources to the organizations for their individual
services and applications.
Major players operating in the global Cloud Monitoring market include CA
Technologies, Solarwinds, Dynatrace, Idera, Sevone, Cloudyn, Zenoss,
Datadog, Kaseya, Logicmonitor, and Opsview.
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-market-1129
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm
offering action-ready syndicated research reports, custom market analysis,
consulting services, and competitive analysis through various recommendations
related to emerging market trends, technologies, and potential absolute dollar
opportunity.
Contact Us:
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:​ ​[email protected]
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Author
apeksha motghare
apeksha motghare237   documents Email
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