Cloud Monitoring
as a Service Market Global Industry Analysis, Size Forecast by 2025
Cloud monitoring
involves the process of reviewing, monitoring as well as managing the
operational workflow processes present within a cloud-based IT
infrastructure. The cloud monitoring falls under cloud security and
management processes and is generally implemented using automated
monitoring software providing central access and control over the
whole cloud infrastructure. In addition to monitoring and providing
solutions, the cloud monitoring data further helps in evaluation of
performance for entire infrastructure on a modular level. These
services are a powerful and proactive IT monitoring platform
encompassing all the essential monitoring and management capabilities
required for cloud services and modern data center. Cloud monitoring
as a service is a type of IT service that provides both cloud
monitoring and management tools for checking the cloud based
platforms, servers, websites and IT Infrastructure etc. This provides
a complete managed service especially helpful for cloud and
virtualization environments in organizations. It is typically seen
that all these services are delivered through a SaaS (software as a
service) based cloud software for detecting performance issues across
cloud infrastructure.
The global market
for cloud monitoring as a service has been segmented on the basis of
deployment model, applications and geography. Based on the deployment
model, this market has been segmented into public, private and hybrid
cloud. Enterprise resource planning (ERP), human resource management
(HRM), supply chain management (SCM) and customer relationship
management (CRM) among others form the various applications areas for
this market globally. Global cloud
monitoring as a service market on the basis of geography has been
segmented into North America, Europe, Asia Pacific, Latin America and
Middle East and Africa.
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It is the overall
power of monitoring the complete IT based infrastructure forms one of
the major drivers for this market. In addition to this, the
application of cloud based monitoring services further provides
benefits such as keeping a check over the server uptime as well as
the response rate that also helps the organization in evaluation of
customer/user experience. This allows the company to keep a track
over the exact demands of customers along with monitoring what the
organization is able to provide to its customers through the database
using well defined customized software. Post monitoring all the
statistics, issues if found are reported to the cloud administrators
within a central dashboard through different notifications in the
form of sms, e-mails etc. This allows professionals working on it to
unplug from constantly watching the dashboards knowing they will be
informed about the situation accordingly. With all these drivers that
have a positive impact over this market, it is the presence of
certain restraints such as high costs associated with its application
along with the technological expertise required for the proper
functioning of these cloud based monitoring services that limits the
growth of this market. Besides all these, it is the growing demand
for Internet of things (IoT) technology that is expected to provide
more opportunities for this market in the coming years.
Geographically, it
is North America followed by Europe that forms some of the major
regions for this market. The rise in application of IoT technology
along with growing complexities in monitoring organizational
databases has been some of the major drivers to positively impact
this market. Asia Pacific further contributed as another important
region for this market along with being one of the fastest growing
regions globally. China and India among others are some major
countries pushing the growth of this market. Application of cloud
based technology along with technological advancement has been a few
major drivers for this market in Asia Pacific region.
Some of the key
companies present in the global cloud monitoring as a service market
include Amazon.com, Inc. (The U.S.), Cisco Systems (The U.S.), Google
(The U.S.), IBM Corporation (The U.S.), Microsoft Corporation (The
U.S.), Oracle Corporation (The U.S.), CA Technologies (The U.S.), SAP
SE (Germany), YAHOO! Inc. (The U.S.), and Hewlett-Packard (The U.S.)
among others.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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