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Cloud Monitoring System: Introduction

  • A cloud monitoring system supervises and manages the operational processes in a cloud based IT infrastructure. The cloud monitoring system ensures that the cloud infrastructure is operating efficiently and helps evaluate the entire IT infrastructure at optimal level.
  • The cloud monitoring system detects security risks and errors in the cloud infrastructure, and resolves them in real-time to maintain performance standards. The cloud monitoring system is extensively utilized for cloud storage monitoring, database monitoring, website monitoring, virtual network monitoring, and virtual machine monitoring
  • The global cloud monitoring system market is expected to expand at a rapid pace during the forecast period, as cloud monitoring system is widely used in expanding sectors such BFSI, healthcare, logistics, supply chain, manufacturing, ecommerce, retail, IT & ITeS, telecom, and hospitality
cloud monitoring system market size and forecast

Global Cloud Monitoring System Market: Dynamics

Global Cloud Monitoring System Market: Key Drivers

  • Rise in adoption of cloud computing technology by companies that require regular monitoring of cloud based assets and infrastructure to ensure cloud performance is expected to drive the demand for cloud monitoring system during the forecast period
  • The cloud monitoring system detects possible breaches and identify gaps and secures the network as cyber-attacks are one of the major concerns for any company, which in turn is expected to boost the cloud monitoring system market during the forecast period
  • Numerous companies are implementing cloud monitoring system because integration process is easy and no additional installation is required, which in turn is expected to drive the cloud monitoring system market during the forecast period
  • Increase in volume of data is prompting data driven companies to demand sustainable solutions that are scalable, flexible, and monitor their data at affordable cost, which is expected to propel the demand for cloud monitoring system during the forecast period
  • Rise in demand for IoT technology and increasing complexity in monitoring database are expected to fuel the demand for cloud monitoring system during the forecast period
  • However, cloud monitoring system is facing challenges because of the complex nature of cloud infrastructure and cloud monitoring system is reactive in nature. Therefore, it is difficult to optimize the performance of cloud infrastructure during critical condition, which in turn is expected to hamper the market during the forecast period.
cloud monitoring system market dynamics

Impact of COVID-19 on the Global Cloud Monitoring System Market

  • Increasing cases of COVID-19 across the globe is resulting in global lockdown and businesses across the world are focusing on digital transformation. The large number of businesses adopting cloud services and data centers are expanding consistently in terms of virtual resources and traffic volume, which increases the load on the cloud servers and make cloud operations more complicated. An efficient cloud monitoring system is required to manage the complex cloud infrastructure effectively and to improve the cloud performance. Therefore, COVID-19 has had a positive impact on the adoption of cloud monitoring system, which in turn is projected to indirectly boost the market in next few years.

North America to Hold Major Share of Global Cloud Monitoring System Market

  • In terms of region, the global cloud monitoring system market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America dominated the global cloud monitoring system market. Majority of companies in the region are using cloud based solutions to optimize their business operations. Rising awareness about cost-effective, easily scalable, and secure cloud based solutions is anticipated to boost the cloud monitoring system market in the region.
  • The cloud monitoring system market in Asia Pacific is projected to expand at a rapid pace during the forecast period. Rapid digitalization and high rate of adoption of cloud technology have been witnessed in companies, especially in countries such as India and China. In India, growing number of technology driven start-ups in sectors such as ecommerce, retail, logistics, supply chain, healthcare, education, hospitality, BFSI, and manufacturing require strong cloud services, which is likely to fuel the cloud monitoring system market in the country.
cloud monitoring system market region analysis

Global Cloud Monitoring System Market: Competition Landscape

Companies across the world expanded their cloud infrastructure due to rapid digital transformation. In this process, cloud monitoring system plays an important role to monitor the process by controlling and managing cloud infrastructure and optimizing service performance.

Key Players Operating in the Global Cloud Monitoring System Market Include:

  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Amazon Web Services
  • Datadog Inc.
  • SevOne Inc.
  • LogicMonitor Inc.
  • Zenoss Inc.
  • Dynatrace LLC
  • SolarWinds Worldwide LLC
  • IDERA Inc.

Global Cloud Monitoring System Market: Research Scope

Global Cloud Monitoring System Market, by Type

  • Database monitoring
  • Website monitoring
  • Virtual network monitoring
  • Cloud storage monitoring
  • Virtual machine monitoring

Global Cloud Monitoring System Market, by Service model

  • SaaS
  • PaaS
  • IaaS

Global Cloud Monitoring System Market, by Cloud Type

  • Public cloud
  • Private cloud
  • Hybrid cloud

Global Cloud Monitoring System Market, by Application

  • Healthcare
  • BFSI
  • Logistics
  • Supply chain
  • IT & Telecommunication
  • Retail
  • Others

Global Cloud Monitoring System Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Cloud Monitoring System Market