SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "IT Operations Analytics - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 31693
Companies: 42 - Players covered include Evolven Software ; Extrahop Networks; Hewlett Packard Enterprise Development LP (HPE); IBM Corporation; Microsoft Corporation; Oracle Corporation; SAP SE; Splunk, Inc.; VMware, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Real-Time Log Analytics, Application Performance Management, Infrastructure Management, Network & Security Management, Other Applications); Deployment (On-Premises, Cloud)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global IT Operations Analytics Market to Reach $46.6 Billion by 2026
Amid the COVID-19 crisis, the global market for IT Operations Analytics estimated at US$7.2 Billion in the year 2020, is projected to reach a revised size of US$46.6 Billion by 2026, growing at a CAGR of 36.1% over the analysis period. On-Premises, one of the segments analyzed in the report, is projected to record a 35.9% CAGR and reach US$39.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 36.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.1 Billion in 2021, While China is Forecast to Reach $7.9 Billion by 2026
The IT Operations Analytics market in the U.S. is estimated at US$3.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2026 trailing a CAGR of 35% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.4% and 31.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 25.5% CAGR.More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.