Worldwide IT Operations Analytics Software Forecast, 2021–2025

Worldwide IT Operations Analytics Software Forecast, 2021–2025

This IDC study presents a five-year forecast for the worldwide IT operations analytics software market as of September 2021. This study updates the previous forecast published in Worldwide IT Operations Analytics Software Forecast, 2020-2024 (IDC #US46958720, November 2020)."According to IDC estimates, the worldwide IT operations analytics software market achieved $3.7 billion in 2020 in large part because of growing data volumes and velocity and increased availability of easier-to-use, lower-cost, and easier-to-deploy solutions," explains Tim Grieser, research vice president, Enterprise System Management Software. "Looking ahead, after a slowdown from the worldwide pandemic, IDC expects that this market will grow at a CAGR of 9.8% during the 2021–2025 forecast period and exceed $5.9 billion by 2025."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Open Source Technology Options
General Shift Toward Cloud-Based Management Solutions Benefits SaaS ITOA Offerings
Inhibitors
COVID-19 Pandemic
Significant Market Developments
Coronavirus Disruption Continues
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates
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