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Global IT Monitoring Tools Market Analysis & Forecasts 2018-2022, With an Expected CAGR of Almost 35% - ResearchAndMarkets.com

[June 21, 2018]

Global IT Monitoring Tools Market Analysis & Forecasts 2018-2022, With an Expected CAGR of Almost 35% - ResearchAndMarkets.com

The "Global IT Monitoring Tools Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global IT monitoring tools market to grow at a CAGR of 34.39% during the period 2018-2022.

Information technology (IT) monitoring tools are used to monitor various infrastructure and hardware components in IT installations, data centers, or cloud-hosted infrastructure. The tools are used to monitor the performance of websites, servers, network, and application platforms.

The report covers the present scenario and the growth prospects of the global IT monitoring tools market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is increasing use of Big Data for IT monitoring and analytics. At present, the primary end-users of IT monitoring tools are signiicant IT infrastructure and server operators. These end-users usually maintain large and complex networks of hardware and equipment.

One driver in the market is improving efficiency of IT operations. IT monitoring tools allow businesses to track the performance of critical IT infrastructure, including servers, websites, and applications in real-time. The tools monitor downtime, bandwidth use, performance metrics, hardware outages, and other issues.

The report states that one challenge in the market is problems related to tool inter-compatibility and network complexity. IT systems and hardware within a network may be from a variety of different vendors and designed on different software/hardware platforms. They may also have non-standard networking interfaces.

Companies Mentioned