Market Overview:
The global log management (LM) system market is expected to grow from USD 1.02 billion in 2018 to USD 2.48 billion by 2030, at a CAGR of 12.8% from 2018 to 2030. The growth of the LM system market can be attributed to the increasing adoption of cloud-based LM systems and the need for real-time log data analysis for security and compliance purposes. On the basis of type, the LM system market is segmented into on-premise and cloud-based systems. The cloud-based LM system segment is expected to grow at a higher CAGR than the on-premise LM system segment during the forecast period.
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Product Definition:
Log management (LM) system is a software application that enables companies to collect, analyze and store logs from different devices and systems in order to troubleshoot problems, identify security incidents and improve the performance of their networks.
On-premise:
On-premise is a term used to define software and data that are stored on the end user's system. The information being stored includes configuration files, database, application source code, log files and so on. In other words, all the critical information related to operations of an organization is stored locally in its server room or data center.
Cloud-based:
Cloud-based is a term used to define any service or software that provides remote access to data and applications. It uses internet connectivity for providing services such as storage, retrieval, and transmission of data. The cloud-based system offers benefits such as reduced costs, increased efficiency of operations, enhanced security & compliance along with flexibility in terms of usage rights and business models which are expected to drive the global market growth over the forecast period.
Application Insights:
The banking and financial services segment accounted for the largest market share in 2017. The growing adoption of technologies, such as big data analytics, has led to an increase in demand for log management solutions from this industry. Moreover, increasing regulatory requirements related to data security are driving the need for these systems among banks and other financial institutions.
Telecom companies are also adopting cloud-based LM system owing to increasing demand for network monitoring tools that help them manage network resources effectively across various locations. Furthermore, government agencies are increasingly deploying these systems due to stringent regulations regarding information leakage and data loss prevention (DLP). Other prominent application segments include healthcare organizations and education institutions.
Regional Analysis:
The North American region is expected to lead the global market over the forecast period. The increasing number of cyber-attacks and data breaches in organizations has led to an increased adoption of log management solutions in this region. The U.S. is one of the most affected countries due to various cyber-attacks that have impacted businesses across all industries, government agencies, and even households’ There are several high profile data breach incidents reported from this country on a regular basis which impacts consumer privacy, company reputation, consumer confidence etc.
Asia Pacific regional market is anticipated to grow at a lucrative rate over the forecast period owing to increasing awareness about security risks associated with lost or stolen devices as well as information leakage within IT infrastructure components such as networked systems.
Growth Factors:
- Increasing demand for big data and analytics: The growth of big data and analytics is fueling the demand for log management systems, as these systems are essential for collecting, managing, and analyzing large volumes of data.
- Proliferation of cloud-based services: The proliferation of cloud-based services is leading to an increase in the volume of logs generated by organizations. This is driving the need for log management systems that can help organizations collect, manage, and analyze these logs effectively.
- Increased security threats: The increasing number of security threats is leading organizations to deploy log management systems to help them detect and respond to these threats quickly and effectively.
- Growing popularity of DevOps: The growing popularity of DevOps is resulting in a greater emphasis on automated logging and monitoring tools that can help speed up application development cycles. This is driving the demand for log management systems that can provide such capabilities efficiently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Log Management (LM) System Market Research Report
By Type
On-premise, Cloud-based
By Application
Banking and Financial Services, Government Agency, Health Care, Telecommunications and Information Technology, Energy and Utilities, Education and Academia, Other
By Companies
IBM, Intel, Solarwinds, Splunk, Logrhythm, Alert Logic, AT&T Cybersecurity, Veriato, Blackstratus, Rapid7, Sematext Group
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Log Management (LM) System Market Report Segments:
The global Log Management (LM) System market is segmented on the basis of:
Types
On-premise, Cloud-based
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
Banking and Financial Services, Government Agency, Health Care, Telecommunications and Information Technology, Energy and Utilities, Education and Academia, 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:
- IBM
- Intel
- Solarwinds
- Splunk
- Logrhythm
- Alert Logic
- AT&T Cybersecurity
- Veriato
- Blackstratus
- Rapid7
- Sematext Group
 System Market Overview.svg)
Highlights of The Log Management (LM) System 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:
- On-premise
- Cloud-based
- By Application:
- Banking and Financial Services
- Government Agency
- Health Care
- Telecommunications and Information Technology
- Energy and Utilities
- Education and Academia
- 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 Log Management (LM) System 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
 System Market Statistics.svg)
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?
A log management system (LM) is a software application that helps administrators manage the logs of computers and other devices. The logs can contain information such as user activity, system events, and network traffic. Administrators can use the logs to troubleshoot problems or track changes in behavior.
Some of the major companies in the log management (lm) system market are IBM, Intel, Solarwinds, Splunk, Logrhythm, Alert Logic, AT&T Cybersecurity, Veriato, Blackstratus, Rapid7, Sematext Group.
The log management (lm) system market is expected to grow at a compound annual growth rate of 12.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Log Management (LM) System 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 Log Management (LM) System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Log Management (LM) System 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 Log Management (LM) System 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 Log Management (LM) System Market Size & Forecast, 2018-2028
4.5.1 Log Management (LM) System Market Size and Y-o-Y Growth
4.5.2 Log Management (LM) System Market Absolute $ Opportunity
Chapter 5 Global Log Management (LM) System 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 Log Management (LM) System Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Log Management (LM) System 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 Log Management (LM) System Market Size Forecast by Applications
6.2.1 Banking and Financial Services
6.2.2 Government Agency
6.2.3 Health Care
6.2.4 Telecommunications and Information Technology
6.2.5 Energy and Utilities
6.2.6 Education and Academia
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Log Management (LM) System 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 Log Management (LM) System 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 Log Management (LM) System Analysis and Forecast
9.1 Introduction
9.2 North America Log Management (LM) System 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 Log Management (LM) System Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
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 Log Management (LM) System Market Size Forecast by Applications
9.10.1 Banking and Financial Services
9.10.2 Government Agency
9.10.3 Health Care
9.10.4 Telecommunications and Information Technology
9.10.5 Energy and Utilities
9.10.6 Education and Academia
9.10.7 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 Log Management (LM) System Analysis and Forecast
10.1 Introduction
10.2 Europe Log Management (LM) System 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 Log Management (LM) System Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
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 Log Management (LM) System Market Size Forecast by Applications
10.10.1 Banking and Financial Services
10.10.2 Government Agency
10.10.3 Health Care
10.10.4 Telecommunications and Information Technology
10.10.5 Energy and Utilities
10.10.6 Education and Academia
10.10.7 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 Log Management (LM) System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Log Management (LM) System 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 Log Management (LM) System Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
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 Log Management (LM) System Market Size Forecast by Applications
11.10.1 Banking and Financial Services
11.10.2 Government Agency
11.10.3 Health Care
11.10.4 Telecommunications and Information Technology
11.10.5 Energy and Utilities
11.10.6 Education and Academia
11.10.7 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 Log Management (LM) System Analysis and Forecast
12.1 Introduction
12.2 Latin America Log Management (LM) System 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 Log Management (LM) System Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
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 Log Management (LM) System Market Size Forecast by Applications
12.10.1 Banking and Financial Services
12.10.2 Government Agency
12.10.3 Health Care
12.10.4 Telecommunications and Information Technology
12.10.5 Energy and Utilities
12.10.6 Education and Academia
12.10.7 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) Log Management (LM) System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Log Management (LM) System 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) Log Management (LM) System Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
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) Log Management (LM) System Market Size Forecast by Applications
13.10.1 Banking and Financial Services
13.10.2 Government Agency
13.10.3 Health Care
13.10.4 Telecommunications and Information Technology
13.10.5 Energy and Utilities
13.10.6 Education and Academia
13.10.7 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 Log Management (LM) System Market: Competitive Dashboard
14.2 Global Log Management (LM) System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Intel
14.3.3 Solarwinds
14.3.4 Splunk
14.3.5 Logrhythm
14.3.6 Alert Logic
14.3.7 AT&T Cybersecurity
14.3.8 Veriato
14.3.9 Blackstratus
14.3.10 Rapid7
14.3.11 Sematext Group
