Market Scenario
The global unified monitoring market is predicted to garner USD 11 billion, grabbing a CAGR of 26% during the forecast period (2018-2023) owing to its enhanced security, asserts Market Research Future (MRFR). Unified monitoring implies that all parts of the IT foundation are checked for execution and accessibility including, databases, applications, virtual frameworks, systems, and unique reason gadgets. Unified monitoring solutions offer a unified view of the environment by defining the relationship between business services and devices. It allows the organizations to gain visibility into performance and end to end visibility of the infrastructure by implementing a central nervous system and collect data from managed resources and multiple tools.
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Drivers and Constraints Impacting the Market
Unified monitoring offers several benefits such as improved scalability, enhanced security, low cost, and better flexibility, which is considered to fuel the market growth globally. It reduces mean time to repair (MTTR) with auto-correlation and unified visibility of performance insights across the network. For instance, Zenoss provides Zenpacks which helps to monitor software layers and essential application within the hybrid IT infrastructure in order to ensure end-to-end service reliability at a lower cost. With the augmenting adoption rate of IoT devices among the enterprises, the unified. Moreover, the increasing rate of big data among the enterprises, applications running on IT environment, and complications in applications are likely to foster the market growth throughout the assessment period. Another factor gearing up the market is the need to efficiently manage the performance and security. Also, the augmenting need to enhance customer experience and technological advancements are offering huge opportunities to the market across the globe.
On the flip side, reluctance among the enterprises in adopting the latest technologies is one of the major concerns considered to dampen the market growth during the appraisal period. Moreover, organizations are encouraging traditional technology over modern. This is considered to adversely impact the market globally.
Competitive Dashboard
The prominent players operating the global unified monitoring market are Netvisor (UK), Opsview (UK), Sciencelogic (U.S), CloudAware (U.S), Zoho Corporation (US), SolarWinds (U.S), Kaseya (U.S), Paessler (Europe), CA Technologies (US), Fata Informatica (Italy), GroundWork Open Source (US), Acronis (Europe), Op5 (UK), Zenoss (US), AppDynamics (US), and Dynatrace (US).
Segmental Analysis
The global Unified Monitoring Market has been segmented on the basis of component, deployment, organization size, and vertical.
By mode of component, the global unified monitoring market has been segmented into services and solutions. Among these, the solution component is considered to occupy a larger market share. Unified monitoring solution offers an integrated view of the performances and activities of the resources by using monitoring tools for monitoring, evaluating, applications, managing services, and infrastructure. The solutions are built for organizations of all sizes. As the business activities increase, the monitoring tools can scale simultaneously. Such benefits are likely to drive the segment during the appraisal period.
By mode of deployment, the global unified monitoring market has been segmented into on-cloud and on-premise. Among these, the on-premise deployment is likely to occupy a larger market share. The on-premise is a traditional approach of incorporating unified monitoring solutions and offer complete control over their applications, platforms, data, and systems. The BFSI and government sector prefer the on-premises deployment type, as enterprises cannot put their confidential data of the nation at risk, by losing complete control over financial records, sensitive data, money transaction information, and accounting information.
By mode of organization size, the global unified monitoring market has been segmented into small & medium enterprises and large enterprises. Among these, the large enterprise’s segment is likely to occupy a larger share in the global market as the adoption rate of unified monitoring solutions and services by the large enterprises is high.
By mode of vertical, the global unified monitoring market has been segmented into IT & telecom, BFSI, healthcare, government, retail, and others. Among these, the BFSI vertical is predicted to occupy the largest market share as they provide significant opportunities for the market growth.
Industry Updates
January 30, 2019: NEC Display Solutions has recently partnered with Diversified, a technology solutions provider in order to deliver a new Unified control room platform for its latest mission-critical workspace platform.
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Regional Insights
Geographically, the unified monitoring market span across regions namely, Europe, North America, Asia Pacific and the Rest-of-the-World (RoW).
Among all the regions, the North American region is considered to dominate the global unified monitoring market and is likely to retain its dominance in the coming years. Several organizations are shifting towards upgraded and latest technologies with the rising adoption of digital business strategies, thereby fueling the market growth during the assessment period.
The Asia Pacific region is considered to expand at a faster rate owing to the increased spending on Information Technology infrastructure by the organizations. Moreover, with the growing adoption of automation coupled with huge opportunities across industries, the market is likely to flourish in this region.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
Continued…….
LIST OF TABLES
Table 1 Unified Monitoring Market: By Region, 2018-2023
Table 2 North America Unified Monitoring Market: By Country, 2018-2023
Table 3 Europe Unified Monitoring Market: By Country, 2018-2023
Table 4 Asia Pacific Unified Monitoring Market: By Country, 2018-2023
Table 5 The Middle East & Africa Unified Monitoring Market: By Country, 2018-2023
Continued……
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LIST OF FIGURES
FIGURE 1 Global Unified Monitoring Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Unified Monitoring Market
FIGURE 4 Value Chain Of Global Unified Monitoring Market
FIGURE 5 Share Of Unified Monitoring Market In 2018, By Country (In %)
Continued…….
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