Worldwide IT Event and Log Management Software Market Shares, 2016: Year of Strong Growth

Worldwide IT Event and Log Management Software Market Shares, 2016: Year of Strong Growth

This IDC study includes worldwide market revenue and growth rate for the total IT event and log management software market in 2016 as well as vendor revenue, market shares, and growth rates of the leading vendors. A three-year history showing vendor revenue data and trends for 2014–2016 is also provided. A summary of vendor revenue of the distributed IT event and log management software market — a submarket of the total market — is also provided.According to Tim Grieser, program vice president, IDC Enterprise System Management Software, "The worldwide IT event and log management software market achieved accelerated growth in 2016 driven by the need to manage and optimize end-to-end availability of systems and applications as organizations increasingly adopt digital business initiatives that demand always-on access and fast response times for end users."