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IT Operations Analytics Market - Estimated to Reach $9.79 Billion by 2020, at a CAGR of 35.2% - Research and Markets

[February 09, 2016]

IT Operations Analytics Market - Estimated to Reach $9.79 Billion by 2020, at a CAGR of 35.2% - Research and Markets

Research and Markets (http://www.researchandmarkets.com/research/zlt8n9/it_operations) has announced the addition of the "IT Operations Analytics Market - Global Forecast To 2020" report to their offering.

The ITOA market is estimated to reach USD 9.79 billion by 2020, at a CAGR of 35.2% from 2015 to 2020.

Factors such as explosive growth of IT operational data, significant shift of the organizations' core business towards cloud, and substantial change from the traditional to next-generation technologies are contributing towards the high growth of the ITOA market.

The intense demand for analytics of IT operational data has increased the market opportunities for ITOA solutions vendors. The large enterprises as well as Small and Medium Enterprises (SMEs) have recognized the need of analyzing IT data for threat prevention, unusual behavior analysis, network management, and much more. The ITOA solutions provide opportunities for enhancing the Reurn-on-Investment (ROI) for the organizations through analyzing their IT operational data.

The ITOA market in North America is expected to hold the largest market share, followed by Europe. However, the market in APAC is expected to grow at the highest CAGR. The major factor contributing towards the high growth of the ITOA market in APAC is the rapidly increasing numbers of increasing data centers in this region. On the other hand, the ITOA market in Middle East and Africa (MEA) region is still in the introductory phase in terms of the adoption of ITOA solutions.

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