Global IT Infrastructure Monitoring Market to Reach $36.1 Billion by 2030
The global market for IT Infrastructure Monitoring estimated at US$26.6 Billion in the year 2023, is expected to reach US$36.1 Billion by 2030, growing at a CAGR of 4.4% over the period 2023-2030. IT Infrastructure Monitoring Services, one of the segments analyzed in the report, is expected to record 5.1% CAGR and reach US$27.1 Billion by the end of the analysis period. Growth in the IT Infrastructure Monitoring Software segment is estimated at 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 7.9% CAGR
The IT Infrastructure Monitoring market in the U.S. is estimated at US$7.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.2 Billion by the year 2030 trailing a CAGR of 7.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 4.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.
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