Information and Communication Technology

Global IT Operations Analytics Market at A Highest CAGR of 38 % With Leading Players Trends And Analysis

Global IT Operations Analytics Market By Application (Real-Time Log Analytics, Application Performance Management, Infrastructure Management, Network and Security Management), Technology/Tool (Visual Analytics, Machine-Based Learning, Predictive Analytics, User Behaviour Analytics, Root-Cause Analytics), Deployment Model (On-Premises, On-Demand), Organization Size (Large enterprises, SMEs), Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication Media & Entertainment, Government)

Market Analysis: Global IT Operations Analytics Market

Global IT operations analytics market is set to witness a healthy CAGR of 38% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rapid generation of significant amount of data by leading multinational companies across the globe owing to the incorporation of automation processes at several stages will be a key impetus for the market growth.

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Market Definition: Global IT Operations Analytics Market

IT operations analytics represents an analysis technique for salvaging, evaluating and account respective data for several IT operations. Its process comprises of the gathering of information from various sources coupled with the identification of technical glitches well in advance with respect to their incidence. Major IT tools & methods used in the analytics enables significant data collection from miscellaneous sources. Moreover, certain key insights and valuable information are extracted from the respective data sets such as performance metrics, log files, trouble tickets and events.

Market Drivers:

  • Increasing incorporation of cloud computing networks is enhancing the market growth
  • Increasing digitization is a factor for the market growth
  • Rapid advancements in the field of Bring Your Own Device (BYOD) and Internet of Things (IoT) is driving the market growth
  • Increased amount of IT operation and its optimization is enabling the market to grow

Market Restraint:

  • Frequent changes in IT operation are restraining the market

Brief about IT Operation Analytics market Report with TOC@

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Segmentation: Global IT Operations Analytics Market

By Application

  • Real-Time Log Analytics
  • Application Performance Management
  • Infrastructure Management
  • Network and Security Management
  • Others

By Technology/Tool

  • Visual Analytics
  • Machine-Based Learning
  • Predictive Analytics
  • User Behavior Analytics
  • Root-Cause Analytics

By Deployment Model

  • On-Premises
  • On-Demand
  • Organization Size
    • Large enterprises
    • SMEs
  • Vertical
    • BFSI
    • Healthcare & Life Sciences
    • Retail & Consumer Goods
    • Manufacturing
    • Travel & Hospitality
    • IT & Telecommunication
    • Media & Entertainment
    • Government

Key Developments in the Market:

In October 2018, IBM announced the acquisition of Red Hat for USD 190 per share in cash representing a total value of approximately USD 34 billion which includes all of the issued and outstanding common shares of Red Hat. The acquisition will enable several companies to securely transfer all their business applications to the cloud and will further strengthen IBM’s high value business model making it the leading hybrid cloud provider

In October 2018, Oracle acquired Data Fox which is among the leading developer of predictive intelligence as a service provider to multiple companies across the globe. It uses AI to analyse the larger business predictions. The acquisition will significantly enhance the Oracle Cloud Applications with an extensive set of data of AI derived company data level and signals. This in return, will enable the consumers to achieve much better business decisions and outcomes

Competitive Analysis

Global IT operations analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of conversational computing platform market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

 

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