Overview of Cloud Monitoring
The cloud monitoring market is growing tremendously due to increase in IT industries. Cloud monitoring services monitors, manages, evaluates cloud based services, applications and infrastructures. The main benefit of cloud monitoring is that they already have infrastructures and configuration in place, and also installation of the system is very quick and easy. There are different types of cloud services to monitor like Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), Function as a Service (FaaS), and Application Hosting. Recently there are top 5 cloud computing monitoring tools have been introduced such as Amazon Cloudwatch, AppDynamics, Aternity, Avnet Cloud Marketplace, and Bitnami Clouding Tools.
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Market Growth Factors
In different industries cloud monitoring platform provides application and network security. The major driving factors of cloud monitoring market is, it increases the security and performance of the cloud. However, the lack of data security and limited cloud visibility may cause restraints for the market growth. There are various booming opportunities in the market like increase in adoption of cloud based services in different sectors. Whereas, there is a growing adoption of these services in small and medium scale enterprises. The market face different challenges in future such as, it is monitoring the dynamic cloud and also there is lack of data security in the market.
The cloud monitoring services are segmented on the basis of component, service model, organization size, industry, and region.The components are classified into solution and services. There are various service models like SaaS, PaaS, IaaS. Cloud monitoring services are used in small, medium as well as large scale enterprises. It is used in various industries such as Banking, Financial Services & Insurance (BFSI), Telecommunications & IT, and Retail & Consumers Goods.
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This market is split into different regions like, North America, Europe, APAC, MEA, and Latin America. In 2018 North America holds the largest market share, and will be continue to be a leading market till 2023.
The key players in cloud monitoring market are CA, Inc. (US), SolarWinds Worldwide, LLC. (US), IDERA, Inc. (US), SevOne Inc. (US), Cloudyn (Israel), Zenoss Inc. (US), Datadog, Inc. (US), Kaseya Limited (US), LogicMonitor, Inc. (US), and Opsview Ltd. (US). These market players have followed numerous techniques, which are partnerships, collaborations, and expansions, to stay competitive inside the market.
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