IT operations analytics market is expected to grow USD 9.90 billion in 2020 to USD 131.51 billion by 2028, at a CAGR of 38.17% during the forecast period 2021-2028.
IT operations analytics is the practice of analyzing & interpreting data, monitoring systems & gathering, processing from different IT operations origins to escort decisions & forecast potential issues. IT operations analytics take out meaningful data from the raw data calm through monitoring technologies & transform them into actionable industry insights. Also, the ITOA provides more efficient & more effective support for company procedures. The execution of this technology makes IT businesses flexible & more versatile.
The factors driving the market are the adoption of advanced data management approaches, increasing incorporation of data-based decision making solutions through small & medium scale industries, enhanced network security & privacy abilities, the optimization of IT operations, increasing adoption of cloud computing networks & services with the industries, and rising use of mobile devices. The factors restraining the market growth are the rising complexities & dynamic nature of the IT architecture and frequent operational changes in IT organizations. The opportunity of the market growth is to increase the focus of the organizations to decrease operating costs. The challenge of the market growth is the lack of sufficient investments through organizations to adopt ITOA solutions.
This study delivers a comprehensive analysis of application, technology, vertical, deployment and region. The application segment includes network and security management, application performance management, log management, and security management. The application performance management segment held the largest market share in the year 2020 due to the rising demand for digital solutions to control the performance of assets & decrease operating costs in enterprises. Additionally, the asset administrators perform analytics investments to obtain actionable consumer insights for enhancing sales productivity & marketing endeavors. The technology segment includes root-cause analytic, predictive analytics, visual analytics, user-behavior analytics, and machine-based learning. The root cause analytics segment held the largest market share in the year 2020, owing to the growing IT operations data, the number of sensors for error diagnosis, and the increasing number of IoT devices. The vertical segment includes BFSI, healthcare, IT and telecom, government, manufacturing, retail, travel and hospitality, and others. The BFSI segment holds the largest market share in the year 2020, owing to the concern of banking & financial industries to stay profitable, understand consumer requirements & inclinations to reduce risk, and improve the network protection of data proactively. The deployment segment includes cloud & on-premise. The cloud segment holds the largest market share in the year 2020, owing to the improving accessibility and effective monitoring of data. Also, the enhanced operational flexibility, low operational human resources necessary, decreased keeping, and convenience to businesses through provisioning hassle-free combination.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share due to the early adoption of IT operations analytics solutions. The numerous ITOA solution providers try in the ITOA market by combining ML & AI functionalities among their extant ITOA solutions in North America. Also, they are adopting multiple growth approaches to reinforce their ranks in the market. The Asia Pacific is expected to witness significant growth, owing to the rising awareness of operational analytics with enterprises in developing countries like India & China. Additionally, the growing set of connected devices and systems that gather &analyze data is anticipated to help build a new class of related applications & tools to boost enterprises' operational capacities & company outcomes.
Some of the notable players in the market areGlassbeam Inc., Apptio, Inc.,BMC Software Inc., IBM Corporation,Hewlett Packard Enterprise Development LP, SAP SE, Microsoft Corporation, SolarWinds, ExtraHop Networks, and Oracle Corporation, and among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Technology
4.3.3. Market Attractiveness Analysis By Vertical
4.3.4. Market Attractiveness Analysis By Deployment
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing dependence on software for operations
5.2.2. Increasing consumption of big data
5.3. Restraints
5.3.1. Frequent changes in operations
5.4. Opportunities
5.4.1. Increasing number of data centers
5.4.2. Increasing need to analyze it operations data to gain real-time insights
5.5. Challenges
5.5.1. Lack of sufficient investments through organizations to adopt ITOA solutions
6. Global IT Operations Analytics Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Network and Security Management
6.3. Application Performance Management
6.4. Log Management
6.5. Security Management
7. Global IT Operations Analytics Market Analysis and Forecast, By Technology
7.1. Segment Overview
7.2. Root-Cause Analytics
7.3. Predictive Analytics
7.4. Visual Analytics
7.5. User-Behavior Analytics
7.6. Machine-Based Learning
8. Global IT Operations Analytics Market Analysis and Forecast, By Vertical
8.1. Segment Overview
8.2. BFSI
8.3. Healthcare
8.4. IT and Telecom
8.5. Government
8.6. Manufacturing
8.7. Retail
8.8. Travel and Hospitality
8.9. Others
9. Global IT Operations Analytics Market Analysis and Forecast, By Deployment
9.1. Segment Overview
9.2. Cloud
9.3. On-premise
10. Global IT Operations Analytics Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global IT Operations Analytics Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global IT Operations Analytics Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Technology Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Glassbeam Inc.
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Apptio, Inc.
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. BMC Software Inc
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. IBM Corporation
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Hewlett Packard Enterprise Development LP
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. SAP SE
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Microsoft Corporation
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. SolarWinds
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. ExtraHop Networks
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Oracle Corporation
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
2. Global Network and Security Management, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
3. Global Application Performance Management, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
4. Global Log Management, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
5. Global Security Management, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
6. Global IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
7. Global Root-Cause Analytics, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
8. Global Predictive Analytics, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
9. Global Visual Analytics, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
10. Global User-Behavior Analytics, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
11. Global Machine-Based Learning, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
12. Global IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
13. GlobalBFSI, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
14. Global Healthcare, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
15. Global IT and Telecom, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
16. Global Government, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
17. Global Manufacturing, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
18. Global Retail, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
19. Global Travel and Hospitality, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
20. Global Others, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
21. Global IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
22. Global Cloud, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
23. GlobalOn-premise, IT Operations Analytics Market, By Region, 2021-2028 (USD Billion)
24. North America IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
25. North America IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
26. North America IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
27. North America IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
28. U.S. IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
29. U.S. IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
30. U.S. IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
31. U.S. IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
32. Canada IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
33. Canada IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
34. Canada IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
35. Canada IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
36. Mexico IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
37. Mexico IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
38. Mexico IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
39. Mexico IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
40. Europe IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
41. Europe IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
42. Europe IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
43. Europe IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
44. Germany IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
45. Germany IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
46. Germany IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
47. Germany IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
48. France IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
49. France IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
50. France IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
51. France IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
52. U.K. IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
53. U.K. IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
54. U.K. IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
55. U.K. IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
56. Italy IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
57. Italy IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
58. Italy IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
59. Italy IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
60. Spain IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
61. Spain IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
62. Spain IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
63. Spain IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
64. Asia Pacific IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
65. Asia Pacific IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
66. Asia Pacific IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
67. Asia Pacific IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
68. Japan IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
69. Japan IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
70. Japan IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
71. Japan IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
72. China IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
73. China IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
74. China IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
75. China IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
76. India IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
77. India IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
78. India IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
79. India IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
80. South America IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
81. South America IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
82. South America IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
83. South America IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
84. Brazil IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
85. Brazil IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
86. Brazil IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
87. Brazil IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
88. Middle East and Africa IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
89. Middle East and Africa IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
90. Middle East and Africa IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
91. Middle East and Africa IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
92. UAE IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
93. UAE IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
94. UAE IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
95. UAE IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
96. South Africa IT Operations Analytics Market, By Application, 2021-2028 (USD Billion)
97. South Africa IT Operations Analytics Market, By Technology, 2021-2028 (USD Billion)
98. South Africa IT Operations Analytics Market, By Vertical, 2021-2028 (USD Billion)
99. South Africa IT Operations Analytics Market, By Deployment, 2021-2028 (USD Billion)
List of Figures
1. Global IT Operations Analytics Market Segmentation
2. Global IT Operations Analytics Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global IT Operations Analytics Market Attractiveness Analysis By Application
9. Global IT Operations Analytics Market Attractiveness Analysis By Technology
10. Global IT Operations Analytics Market Attractiveness Analysis By Vertical
11. Global IT Operations Analytics Market Attractiveness Analysis By Deployment
12. Global IT Operations Analytics Market Attractiveness Analysis By Region
13. Global IT Operations Analytics Market: Dynamics
14. Global IT Operations Analytics Market Share By Application(2021 & 2028)
15. Global IT Operations Analytics Market Share By Technology (2021 & 2028)
16. Global IT Operations Analytics Market Share By Vertical (2021 & 2028)
17. Global IT Operations Analytics Market Share By Deployment (2021 & 2028)
18. Global IT Operations Analytics Market Share By Regions (2021 & 2028)
19. Global IT Operations Analytics Market Share By Company (2020)
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