Worldwide IT Operations Analytics Market Shares, 2016: Strong Growth Continues
This IDC study represents IDC's estimate of market sizes and vendor market shares in 2016 for the rapidly growing IT operations analytics (ITOA) software market. The worldwide IT operations analytics software market totaled $1.9 billion in 2016 when calculated in current U.S. dollars. IDC estimates that the worldwide market grew by 32.9% over 2015. Splunk took top market share in 2016, with a 31.2% share on $589.7 million of revenue. The Americas region, dominated by U.S. sales, represented 75.5% of the market. IDC estimates 13.1% of revenue was delivered via the software-as-a-service (SaaS) public cloud model."The IT operations analytics market continued rapid expansion in 2016," according to Tim Grieser, program VP, Enterprise System Management Software. "Leading vendors gained market share on the strength of their offerings in log management and analysis for troubleshooting complex problems across applications and infrastructure as well as support for machine learning of operational characteristics and predictive solutions for preventing problems in the future."
Please Note: Extended description available upon request.
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