Unified Monitoring Market - Global Industry Analysis

Unified Monitoring Market

Unified Monitoring Market Revenue, Industry Trends, Forecast 2022-2028

Category: Technology & Media Report Format : PDF Pages: 260 Report Code: ZMR-3366 Published Date: May-2022 Status : Published

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Unified monitoring is a strategy used to monitor the entire IT infrastructure for reducing service outages, optimizing capital investment, maintaining industry, and increasing end-user and IT productivity. In short, it is used to integrate the entire IT infrastructure into a single display. It is a complete unified solution that comprises a consistent and intuitive UI, installation facility, and datastore architecture. As for IT staff productivity, unified monitoring platform plays an essential role by making significant changes in how IT approaches the daily work of keeping services and infrastructure online. Moreover, it features deep diagnostics and actionable insights required to troubleshoot issues, infrastructure development, and plan for the future growth. It has an ability to quickly identify the root cause of performance issues in seconds. For instance, Zenoss Inc. offers ZenPacks that monitors important software layers and application within the IT infrastructure in order to ensure the reliability of end-to-end service at an affordable cost.

A unified monitoring platform is anticipated to help enterprises to monitor all their infrastructure and application with just single software in the near future. The increasing need for security and performance of the dynamic IT infrastructure, and applications running on the huge IT environment are driving the growth of the market. Moreover, increasing complexities in applications and lack of time for solving the issues could also be one of the factors escalating the demand for the unified monitoring market. In contrary to this, there are various organizations that do not promote the use of modern technologies and finally end up using the traditional ones, therefore this could be a major issue restraining the growth of the market. Furthermore, the growing need to improve the customer experience and high rate of adoption of unified monitoring platform among small and medium enterprises make a wide opportunity for the unified monitoring market across the globe.

Global Unified Monitoring Market

The unified monitoring market is categorized on the basis of components, deployment type, verticals, and regions. The component segment is divided into solutions and services. IT infrastructure monitoring, cloud monitoring, application monitoring, and virtual environment monitoring are some of the solutions of the component segment. The services provided by the component segment include training and consulting, integration and deployment, support and maintenance. The service module is expected to grow at a higher CAGR in the forecast period. As for the deployment module, the market splits in terms of on-premises and cloud-based platform. Unified monitoring could be easily extended to other components with the help of extensions and it operates in both on-premises and in the cloud. Further, the vertical segment is divided into BFSI, telecommunications and IT, healthcare and life sciences, manufacturing, government and public sector, and various others. The market is fragmented into five main regions namely North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

By geography, North America is expected to lead the global unified monitoring market in the coming years as most of the organizations are moving towards modern and upgraded technologies with the rising adoption of digital business strategies. The Asia Pacific is anticipated to be the fastest-growing region in the global unified monitoring market. The positive economic outlook and the increasing rate of investment in IT infrastructure are the key reasons driving the Asia Pacific region massively.

The leading players in the unified monitoring market include Groundwork Open Source Inc., CA Technologies, Fata Informatics, Dynatrace LLC, Appdynamics, Zenoss Inc., Opsview Ltd., Groundwork Open Source Inc., Zoho Corporation Pvt. Ltd., Fata Informatica, Acronis International GmbH., Paessler AG, SolarWinds Worldwide, LLC, Sciencelogic, Op5, Kaseya, Netvisor, and Cloudaware, among others. 

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