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Worldwide IT Operations Analytics Software Forecast, 2022–2026

Publisher IDC
Published Mar 17, 2022
Length 11 Pages
SKU # IDC17035966

Description

Worldwide IT Operations Analytics Software Forecast, 2022–2026

This IDC study presents a five-year forecast for the worldwide IT operations analytics (ITOA) software market as of February 2022. This study updates the previous forecast published in Worldwide IT Operations Analytics Software Forecast, 2021–2025: Data Volumes and AIOps Capabilities Drive Growth."According to IDC estimates, the worldwide IT operations analytics software market achieved over $4 billion in 2021 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, IDC. "Looking ahead, after a slowdown from the worldwide pandemic, IDC expects that this market will grow at a CAGR of 9.3% during the 2021–2026 period and exceed $6.6 billion by 2026."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
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
COVID-19 Disruption Evolves
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates
Related Research
How Do Licenses Work?
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