New York, NY -- (SBWire) -- 07/20/2016 --High demand from SMEs and large enterprises to have the IT infrastructure functioning efficiently with minimum downtime are resulting in a major boost to the global market, according to a report from Persistence Market Research.
Following are 10 key findings in the global IT infrastructure monitoring market:
1. The global IT infrastructure monitoring market is projected to increase at a CAGR of 6.6% for the forecast period.
2. The global market is projected to reach a value of US$34.1 Bn at the end of 2024.
3. The value of the global market was US$19.24 Bn in 2015.
4. IT infrastructure monitoring tools are popular with enterprises owing to reduced downtime resulting in lower losses for the company through the efficient serving of customers.
5. The need for IT infrastructure manufacturing software is critical for virtual, physical, and cloud systems equally.
6. The need for security and monitoring driving the global market.
7. Advantages of IT infrastructure monitoring includes the reduction in downtime and investigation time on the occurrence of the problem.
8. Growing security concerns expected to hamper the market.
9. North America is the dominating region in terms of revenue in the global market and is expected to continue the trend through the forecast period.
10. Asia Pacific is projected to rise at a CAGR of 6.6% for the forecast period in terms of revenue.
For more information on the global IT infrastructure monitoring market @ http://www.persistencemarketresearch.com/samples/8797
Major players in the global IT infrastructure monitoring market are PagerDuty, Inc., AppDynamics, Inc., SevOne, Inc., Splunk Inc., ScienceLogic, Datadog, Inc., Spiceworks Inc., Zabbix LLC., CA Technologies, and Nagios Enterprises LLC.
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Top 10 Things to Know About Global IT Infrastructure Monitoring Market
According to the latest market report published by Persistence Market Research, titled “IT Infrastructure Monitoring Market: Global Industry Analysis and Forecast 2016 - 2024,”. The global IT infrastructure monitoring market value is anticipated to increase from US$ 19.24 Bn in 2015 to US$ 34.1 Bn by 2024, expanding at a CAGR of 6.6% during the forecast period (2016–2024).