Global IT Operations Analytics Market is valued approximately USD 8.68 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 16.9% over the forecast period 2024-2032. IT Operations Analytics is the process of collecting, analyzing, and interpreting huge amounts of data created by IT infrastructure and operations in order to obtain insights and make informed decisions. It entails applying advanced analytics techniques such as machine learning, statistical analysis, and data visualization to better understand the performance, availability, and security of IT systems and services. Furthermore, rising demand of personalized reports are gaining attention towards Global IT Operations Analytics Market. Personalized reports provide actionable intelligence that IT teams can use to identify issues, prioritize tasks, and make data-driven decisions. Through presenting relevant data in a clear and concise manner, personalized reports help IT professionals quickly understand trends, anomalies, and potential problems within their IT environments
The Global IT Operations Analytics Market is driven by rising consumption of big data, and growing rate of digitalization at a global forefront. Big data analytics enables predictive analytics and anomaly detection capabilities, allowing organizations to anticipate and prevent IT incidents before they occur. In addition, digitalization often demands real-time monitoring and response to ensure optimal performance and reliability of IT systems. ITOA tools leverage advanced analytics, machine learning, and artificial intelligence to monitor IT infrastructure in real-time, detecting anomalies, predicting potential issues, and enabling proactive remediation. However, high deployment cost of IT operations analytics and lack of technical expertise is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global IT Operations Analytics market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue owing to factors such as government initiatives towards digital transformation across the region. Government agencies are primary targets for cyberattacks due to the sensitive nature of the data they handle and the critical services they provide. As part of digital transformation initiatives, governments prioritize cybersecurity measures to protect their IT infrastructure and data assets from cyber threats. Furthermore, the market in Asia Pacific, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
- Apptio, Inc
- BMC Software Inc
- ExtraHop Networks Inc
- Glassbeam Inc.
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Splunk Inc
The detailed segments and sub-segment of the market are explained below:
By Type
- Predictive Analytics
- Visual Analytics
- Root Cause Analytics
- Behavior Analytics
By Application
- Asset Performance Management
- Network Management
- Security Management
- Log Management
By Deployment
By End-use
- BFSI
- Healthcare
- Retail
- Manufacturing
- Government
- IT & Telecom
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global IT Operations Analytics Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. Global IT Operations Analytics Market Size & Forecast (2022- 2032)
- 2.2. Regional Summary
- 2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Application
- 2.3.3. By Deployment
- 2.3.4. By End-use
- 2.4. Key Trends
- 2.5. Recession Impact
- 2.6. Analyst Recommendation & Conclusion
Chapter 3. Global IT Operations Analytics Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. Global IT Operations Analytics Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global IT Operations Analytics Market Size & Forecasts by Type 2022-2032
- 5.1. Predictive Analytics
- 5.2. Visual Analytics
- 5.3. Root Cause Analytics
- 5.4. Behavior Analytics
Chapter 6. Global IT Operations Analytics Market Size & Forecasts by Application 2022-2032
- 6.1. Asset Performance Management
- 6.2. Network Management
- 6.3. Security Management
- 6.4. Log Management
Chapter 7. Global IT Operations Analytics Market Size & Forecasts by Deployment 2022-2032
- 7.1. On-premise
- 7.2. Cloud
Chapter 8. Global IT Operations Analytics Market Size & Forecasts by End-use 2022-2032
- 8.1. BFSI
- 8.2. Healthcare
- 8.3. Retail
- 8.4. Manufacturing
- 8.5. Government
- 8.6. IT & Telecom
- 8.7. Others
Chapter 9. Global IT Operations Analytics Market Size & Forecasts by Region 2022-2032
- 9.1. North America IT Operations Analytics Market
- 9.1.1. U.S. IT Operations Analytics Market
- 9.1.1.1. Type breakdown size & forecasts, 2022-2032
- 9.1.1.2. Application breakdown size & forecasts, 2022-2032
- 9.1.1.3. Deployment breakdown size & forecasts, 2022-2032
- 9.1.1.4. End-use breakdown size & forecasts, 2022-2032
- 9.1.2. Canada IT Operations Analytics Market
- 9.2. Europe IT Operations Analytics Market
- 9.2.1. U.K. IT Operations Analytics Market
- 9.2.2. Germany IT Operations Analytics Market
- 9.2.3. France IT Operations Analytics Market
- 9.2.4. Spain IT Operations Analytics Market
- 9.2.5. Italy IT Operations Analytics Market
- 9.2.6. Rest of Europe IT Operations Analytics Market
- 9.3. Asia-Pacific IT Operations Analytics Market
- 9.3.1. China IT Operations Analytics Market
- 9.3.2. India IT Operations Analytics Market
- 9.3.3. Japan IT Operations Analytics Market
- 9.3.4. Australia IT Operations Analytics Market
- 9.3.5. South Korea IT Operations Analytics Market
- 9.3.6. Rest of Asia Pacific IT Operations Analytics Market
- 9.4. Latin America IT Operations Analytics Market
- 9.4.1. Brazil IT Operations Analytics Market
- 9.4.2. Mexico IT Operations Analytics Market
- 9.4.3. Rest of Latin America IT Operations Analytics Market
- 9.5. Middle East & Africa IT Operations Analytics Market
- 9.5.1. Saudi Arabia IT Operations Analytics Market
- 9.5.2. South Africa IT Operations Analytics Market
- 9.5.3. Rest of Middle East & Africa IT Operations Analytics Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Apptio, Inc
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.3.2. BMC Software Inc
- 10.3.3. ExtraHop Networks Inc
- 10.3.4. Glassbeam Inc.
- 10.3.5. Hewlett Packard Enterprise Development LP
- 10.3.6. International Business Machines Corporation
- 10.3.7. Microsoft Corporation
- 10.3.8. Oracle Corporation
- 10.3.9. SAP SE
- 10.3.10. Splunk Inc
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes