Market Overview:
The global IT event and log management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of cloud-based deployment models and rising demand for log management software in government and public utilities, financial services, and other industries. North America is expected to hold the largest share of the global IT event and log management software market in 2018, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
An IT event and log management software is a computer program used to manage, collect, and analyze events and logs from information technology (IT) systems. IT event and log management software can help organizations troubleshoot issues with their networks or individual systems, as well as identify potential security threats. Event data can include things like system errors, login attempts, or changes made to files or settings. Log data usually contains records of activities that have taken place on a system over a given period of time. Collecting this data can provide organizations with an overview of how their IT systems are being used and what problems may need to be addressed.
Cloud Deployment:
Cloud deployment is a service-oriented architecture model that involves the delivery of applications, services and solutions to customers through a cloud. It helps in reducing the cost incurred on infrastructure maintenance and provides flexibility to enterprises by allowing them to change their application requirements quickly. Cloud deployment also offers benefits such as increased efficiency, ease of use and low capital investment which are expected to drive market growth over the forecast period.
On-Premises Deployment:
On-premises deployment is a method of installing software or applications that require high bandwidth and low latency connectivity. In this method, the software and data are stored on the server's local hard drive. This provides more control as compared to cloud-based solutions as it's easier to modify if there are any errors in the code.
Application Insights:
The other application segment includes retail, manufacturing and healthcare. The global IT event and log management software market is expected to witness significant growth over the forecast period owing to increasing demand for efficient solutions that help in maintaining control of events and logs across various applications and devices.
The government and public utilities sector accounted for a major share in the global IT event & log management software market in 2017. This can be attributed to factors such as growing concerns regarding data breaches among governments worldwide due to increased use of digital technologies at both domestic as well as international levels coupled with an increase in focus on improving security within organizations handling sensitive data or information. These factors are likely to drive the demand for effective monitoring solutions enabling real-time visibility into system activities across different applications which will eventually benefit vendors operating within this segment over the forecast period.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing government regulations for maintaining security & privacy, rising awareness about cyber-attacks, and growing adoption of cloud technology. Moreover, presence of major IT service providers such as IBM Corporation; Cisco Systems, Inc.; Hewlett Packard Enterprise; CA Technologies; Mavenir Holdings Limited; DXC Technology Company LLC.; LogRhythm Inc.; MuleSoft LLC; among others is also contributing towards regional growth.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing number of small & medium enterprises (SMEs) in this region which are adopting these systems for critical business operations such as accounting & finance (A&F), human resource management (HRM), information technology (IT) services among others.
Growth Factors:
- Increasing demand for big data and analytics: The need for organizations to effectively manage and analyze large amounts of data is driving the demand for IT event and log management software.
- Proliferation of cloud-based solutions: Cloud-based IT event and log management solutions are becoming increasingly popular due to their scalability, flexibility, and cost-effectiveness.
- Growing concern over cybersecurity threats: Organizations are increasingly aware of the need to protect their networks from cyberattacks, which is fueling the demand for IT event and log management software.
- Increased focus on compliance requirements: Many organizations are required to comply with various regulatory mandates such as PCI DSS, HIPAA, SOX, FISMA etc., which is driving the adoption of IT event and log management software solutions.
Scope Of The Report
Report Attributes
Report Details
Report Title
IT Event and Log Management Software Market Research Report
By Type
Cloud Deployment, On-Premises Deployment
By Application
Government and Public Utilities, Financial Services, Other
By Companies
Splunk, Cisco, Cyveillance, Dell, IBM, Intel, Juniper Networks, Symantec, Trend Micro, Fujitsu, Vmware, Hitachi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global IT Event and Log Management Software Market Report Segments:
The global IT Event and Log Management Software market is segmented on the basis of:
Types
Cloud Deployment, On-Premises Deployment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government and Public Utilities, Financial Services, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Splunk
- Cisco
- Cyveillance
- Dell
- IBM
- Intel
- Juniper Networks
- Symantec
- Trend Micro
- Fujitsu
- Vmware
- Hitachi
Highlights of The IT Event and Log Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Deployment
- On-Premises Deployment
- By Application:
- Government and Public Utilities
- Financial Services
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IT Event and Log Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IT event and log management software is a type of software that helps organizations manage events, logs, and other information related to their IT systems. This software can help organizations track system activity, identify problems early on, and make decisions based on data.
Some of the major companies in the it event and log management software market are Splunk, Cisco, Cyveillance, Dell, IBM, Intel, Juniper Networks, Symantec, Trend Micro, Fujitsu, Vmware, Hitachi.
The it event and log management software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IT Event and Log Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IT Event and Log Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IT Event and Log Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IT Event and Log Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IT Event and Log Management Software Market Size & Forecast, 2018-2028
4.5.1 IT Event and Log Management Software Market Size and Y-o-Y Growth
4.5.2 IT Event and Log Management Software Market Absolute $ Opportunity
Chapter 5 Global IT Event and Log Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IT Event and Log Management Software Market Size Forecast by Type
5.2.1 Cloud Deployment
5.2.2 On-Premises Deployment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IT Event and Log Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IT Event and Log Management Software Market Size Forecast by Applications
6.2.1 Government and Public Utilities
6.2.2 Financial Services
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IT Event and Log Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IT Event and Log Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IT Event and Log Management Software Analysis and Forecast
9.1 Introduction
9.2 North America IT Event and Log Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IT Event and Log Management Software Market Size Forecast by Type
9.6.1 Cloud Deployment
9.6.2 On-Premises Deployment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IT Event and Log Management Software Market Size Forecast by Applications
9.10.1 Government and Public Utilities
9.10.2 Financial Services
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IT Event and Log Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe IT Event and Log Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IT Event and Log Management Software Market Size Forecast by Type
10.6.1 Cloud Deployment
10.6.2 On-Premises Deployment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IT Event and Log Management Software Market Size Forecast by Applications
10.10.1 Government and Public Utilities
10.10.2 Financial Services
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IT Event and Log Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IT Event and Log Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IT Event and Log Management Software Market Size Forecast by Type
11.6.1 Cloud Deployment
11.6.2 On-Premises Deployment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IT Event and Log Management Software Market Size Forecast by Applications
11.10.1 Government and Public Utilities
11.10.2 Financial Services
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IT Event and Log Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America IT Event and Log Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IT Event and Log Management Software Market Size Forecast by Type
12.6.1 Cloud Deployment
12.6.2 On-Premises Deployment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IT Event and Log Management Software Market Size Forecast by Applications
12.10.1 Government and Public Utilities
12.10.2 Financial Services
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IT Event and Log Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IT Event and Log Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IT Event and Log Management Software Market Size Forecast by Type
13.6.1 Cloud Deployment
13.6.2 On-Premises Deployment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IT Event and Log Management Software Market Size Forecast by Applications
13.10.1 Government and Public Utilities
13.10.2 Financial Services
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IT Event and Log Management Software Market: Competitive Dashboard
14.2 Global IT Event and Log Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Splunk
14.3.2 Cisco
14.3.3 Cyveillance
14.3.4 Dell
14.3.5 IBM
14.3.6 Intel
14.3.7 Juniper Networks
14.3.8 Symantec
14.3.9 Trend Micro
14.3.10 Fujitsu
14.3.11 Vmware
14.3.12 Hitachi
