The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Growth in enterprise cloud usage is likely to promote innovation in cloud monitoring manufacturing, boosting the market during the forecast period.

The global cloud monitoring market is expected to grow from $1.96 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 18.2%. The global cloud monitoring market size is expected to reach $4.54 billion in 2027 at a CAGR of 18.4%.

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Global Cloud Monitoring Market Segments Include:

• By Component: Solution, Services
• By Model: Infrastructure As A Service(IaaS), Software As A Service(SaaS), Platform As A Service(PaaS)
• By Organisation Size: Small And Medium Sized Enterprises (SMEs), Large Enterprises
• By Industry: Banking, Financial Services and Insurance, Healthcare And Life Sciences, Telecommunications And IT, Government And Defense, Manufacturing, Retail And Consumer Goods, Media And Entertainment, Other Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global cloud monitoring market in 2021.

Major Market Players in the cloud monitoring market include Amazon Web Services Inc., IDERA Inc., LogicMonitor Inc., Oracle Corporation, Microsoft Corporation, IBM Corporation, Datadog Inc., Zenoss Inc., Broadcom Inc. (CA Technologies), Google LLC.

Strategic partnerships are a common trend in the cloud monitoring business. Partnerships are being formed between major cloud monitoring firms in order to boost their position in the industry. Opsview, a UK-based cloud monitoring company, for example, joined with UKCloud, a UK-based cloud provider, in May 2020. Both firms hope to achieve security through deep monitoring capacity across sovereign, secure, and hybrid IT estates through this collaboration. In addition, in May 2022, The International Business Machines business, a New York-based technology business, collaborated with Amazon Web Services, a cloud computing platform based in the United States. With this collaboration, IBM intends to offer a broad range of its software catalogue as Software-as-a-Service (SaaS) via Amazon Web Services.

The Cloud Monitoring Global Market Report 2023 provides a cloud monitoring market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cloud monitoring market forecast analyzes cloud monitoring market size, cloud monitoring market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Cloud monitoring is the process of analysing, inspecting, and maintaining the operational workflow of a cloud-based IT infrastructure. Manual or automated management techniques validate the performance and availability of websites, servers, applications, and other cloud infrastructure.

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