cloud monitoring

Cloud Monitoring Market - Global Industry Insights, 2017-2025
Cloud monitoring refers to the process of monitoring, reviewing, and managing of
operational processes and work within a cloud-based IT infrastructure. Cloud monitoring is
implemented by using manual or mechanized IT monitoring and management technology for
the optimal performance of cloud infrastructure.
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Major applications of cloud monitoring include website monitoring, virtual machine
monitoring, database monitoring, virtual network monitoring, and cloud storage monitoring.
These functions of cloud monitoring enables easy detection of potential security threads in
infrastructure, by tracking the process, and monitoring traffic. Cloud monitoring solutions
involves scanning, classifying, analyzing of data and then take action to protect against loss
of data, before it leaves the network.
Growth of the global cloud monitoring market is led by the high demand for monitoring huge
data set. According to Coherent Market Insights analysis, the global data sphere is expected
to reach up to 163 zettabytes by 2025, due to increasing adoption of cloud monitoring. This is
in turn, expected to increase due to advantages of cloud monitoring such as cost
effectiveness, performance, scalability, and flexibility have also accelerated growth of the
market.
High demand for cloud monitoring for financial applications is expected to increase
market growth
Software-as-a-service is an on-demand application, used to control and rectify performance
of a system. Increasing adoption of software-as-a-services offerings such as customer
relationship management (CRM), human capital management (HCM), enterprise resource
management, and other financial applications creates a favorable environment for adoption of
cloud monitoring, specifically in large organizations. Unlike conventional banking
application software, it does not require employees for smooth running of the system. Also, it
does not require major investment in PCs, network infrastructure, and backup systems.
Moreover, it provides data security and does not require frequent software upgrade. Hence, it
reduces the overall cost of the system. Additionally, growing inclination of the enterprise
buyers towards adoption of the software-as-a-service solutions is expected to boost growth of
the market for cloud computing in the near future. According to Coherent Market Insights’
analysis, around 45% of adoption by large enterprise in the U.S. will comprise
software-as-a-service. This in turn, is expected to boost growth of the market for cloud
monitoring.
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Cloud Monitoring Market Taxonomy
On the basis of component, the global cloud monitoring market is segmented into:
● Solution
● Services
On the basis of service model, the global cloud monitoring market is segmented into:
● Software-as-a-service
● Platform-as-a-service
● Infrastructure-as-a-service
On the basis of organization size, the global cloud monitoring market is segmented into:
● Small and Medium-sized Enterprises
● Large Enterprises
On the basis of end-user industry, the global cloud monitoring market is segmented into:
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Banking, Financial Services, and Insurance
Healthcare and Life Sciences
Telecommunications and IT
Government and Defense
Manufacturing
Retail and Consumer Goods
Media and Entertainment
Other
North America is expected to hold a dominant position in the cloud monitoring market
during the forecast period
North America held a dominant position in the global cloud monitoring market in 2016. The
U.S. and Canada hold the largest market share in the region, owing to the shifting of data to
cloud infrastructure in these countries. In 2015, North America accounted for around 42% of
the global cloud data center workload.
For instance, Amazon Web Services (AWS) enables scalability and flexibility of IT services
to be delivered to end-use industries. Moreover it also provides externally hosted computing
resources to the organizations for their individual services and applications.
Major players operating in the global Cloud Monitoring market include CA Technologies,
Solarwinds, Dynatrace, Idera, Sevone, Cloudyn, Zenoss, Datadog, Kaseya, Logicmonitor,
and Opsview.
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Growth of the global cloud monitoring market is led by the high demand for monitoring huge data set. The global data sphere is expected to reach up to 163 zettabytes by 2025, due to increasing adoption of cloud monitoring

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