System Monitoring Market Research Report - Global Forecast till 2027

Global System Monitoring Market Research Report: By Component (Solution [Application Monitoring, Server Monitoring, Network Monitoring, Cloud Monitoring, Others], Service [Professional Service and Managed Service]), Deployment Type (On-Premise and Cloud), Organization Size (Large Enterprise and Small & Medium-Sized Enterprise), Vertical (Banking, Financial Services and Insurance, IT & Telecom, Government, Energy and Utilities, Healthcare, Manufacturing and Others), Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast till 2027

ID: MRFR/ICT/7005-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis


The Global System Monitoring Market size was valued at USD 3.27 Billion in 2018 and is expected to register a CAGR of 10.6% during the forecast period.


System monitoring consists of application monitoring, server monitoring, network monitoring, cloud monitoring, and other types of monitoring solutions that are needed to monitor the operations of an entire company. Network monitoring enables the company to view and monitor the performance of the physical and software-defined network infrastructure—including WAN, LAN, SDN, routers, switches, and firewalls. Application monitoring solutions ensure that the software application processes and performs in a defined way and isolates and rectifies any abnormalities or shortcomings. Server monitoring is the process of monitoring a server's system resources, which include CPU usage, memory consumption, I/O, network, and disk usage which helps incapacity planning. Cloud monitoring is the process of monitoring and managing the operational workflow and processes within a cloud-based IT asset or infrastructure. The growth of outsourced IT infrastructure management and the need for accountable and compliance-based system usage are major factors that are responsible for driving market growth. The demand for better optimization of business operations is another key factor that is driving the global system monitoring market. Furthermore, the lack of awareness regarding system monitoring is expected to be a challenge for the growth of this market. The data security and privacy concerns, as well as concerns regarding usage and access to intellectual property, are the factors that are restraining the growth of the market.


Segmentation


The global system monitoring market has been segmented based on component, deployment type, organization size, vertical, and region/country.


By component, the global system monitoring market has been divided into solution and services. The solution segment has been further classified as application monitoring, server monitoring, network monitoring, cloud monitoring, and others. The services segment has further been divided into professional services and managed services.


By deployment type, the global system monitoring market has been divided into cloud and on-premise.


Based on organization size, the global system monitoring market has been divided into small- and medium-sized enterprise (SME) and large enterprise.


On the basis of vertical, the global system monitoring market has been divided into banking, financial services and insurance, IT & telecom, government, energy and utilities, healthcare, manufacturing, and others.


The global system monitoring market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Regional Analysis


The Global System Monitoring Market is estimated to register a CAGR of 10.6% over the forecast period. The geographic analysis of the global system monitoring market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


North America has the largest market share as the companies in this region has been leading in the advancement of technologies globally. The US leads the market in North America due to the high adoption of digital transformation; as a result, the need for accountable and compliance-based system usage is high in the country.


Europe is expected to be the second-largest market during the review period due to the high demand for better optimization of business operations among enterprises across verticals and managed service providers. Asia-Pacific is anticipated to be the fastest-growing market in the global system monitoring market during the forecast period. The growth of outsourced IT infrastructure management is the key driver for the growth of the market in Asia-Pacific.  System Monitoring Market


Source: MRFR Analysis


Competitive Analysis


The global system monitoring market is witnessing a high growth due to the rise in demand from various verticals such as government, energy and utilities and IT and telecommunications. Major players have opted for partnerships and new product development as their key organic growth strategies to enhance their positions in the market and cater to the demands of end-users across verticals. For instance, in August 2019, SolarWinds launched SolarWinds Discovery, which is a SaaS-based solution that provides enterprises a solution to discover, map, and manage their software and hardware assets and improve their service delivery. At the same time, the company also made enhancements to its web performance monitoring products, including updates to both the SolarWinds Orion Platform-based Web Performance Monitor (WPM), now WPM 3.0, and its SaaS-based SolarWinds Pingdom solution. In June 2019, the company integrated three solutions– AppOptics (SaaS-based application performance monitoring solution) and Loggly and Papertrail (cloud-hosted log monitoring and log analytics solutions). AppOptics with Loggly and Papertrail offer application performance management (APM), distributed tracing, and log management to assist professionals in identifying performance and availability issues before they affect users, and significantly reduce mean time to repair (MTTR).


Key Players


The key players in the global system monitoring market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include SolarWinds (US), ConnectWise Automate (US), NinjaRMM (US), Monitis.com (US), Continuum Managed Services (US), CA Technologies (US), Ipswitch (US), Kaseya (Ireland), Oracle Corporation  (US), Red Gate Software Ltd (UK), Paessler AG (Germany), Microsoft Corporation (US), New Relic, Inc. (US), Nagios Enterprises, LLC (US), and Site24x7 (US). The key strategies adopted by most of the players are partnerships, agreements, and collaborations.


The other players in the Global System Monitoring Market include ScienceLogic (US), ThousandEyes (US), Datadog (US), Panopta LLC (US), and Exoprise Systems Inc. (US).


Intended Audience



  • Cloud infrastructure and component providers

  • Value-added resellers (VARs)

  • System Integrators (SIs) and aggregators

  • Security and access management providers

  • Government and local authorities

  • Technology consultants

  • Investors and venture capitalists

  • Compliance officers

  • Chief financial officers



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 3.27 Billion (2018)
  CAGR   10.6% (2018-2025)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Component, Service
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   SolarWinds (US), ConnectWise Automate (US), NinjaRMM (US), Monitis.com (US), Continuum Managed Services (US), CA Technologies (US), Ipswitch (US), Kaseya (Ireland), Oracle Corporation (US), Red Gate Software Ltd (UK), Paessler AG (Germany), Microsoft Corporation (US), New Relic, Inc. (US), Nagios Enterprises, LLC (US), and Site24x7 (US).
  Key Market Opportunities   The demand for better optimization of business operations is another key factor that is driving the global system monitoring market.
  Key Market Drivers   The growth of outsourced IT infrastructure management and the need for accountable and compliance-based system usage are major factors that are responsible for driving market growth.


Frequently Asked Questions (FAQ) :


The global system monitoring market is anticipated to account for a substantial revenue generation by 2025, from USD 3.27 billion in 2018, expanding at a considerable CAGR of 10.6% over the review period (2019-2025).

The market players operating in the global system monitoring market are likely to invest in partnerships and acquisitions, along with product development to integrate technological innovations.

The global system monitoring market segmentation is conducted based on component, deployment type, organization size, vertical, end-user, and region.

The regional analysis of the global system monitoring market is carried out in four major regions, including North America, the Asia Pacific, Europe, and the rest of the world (covering the Middle East and Africa, and Latin America).

The report projects the fastest growth in the Asia Pacific, and a steady rise in North America and Europe, wherein North America is slated to witness the largest market share. Furthermore, the rest of the world region is projected to observe a gradual market growth over the forecast period.