Worldwide IT Operations Analytics Software Market Shares, 2019: Market Growth Accelerates

Worldwide IT Operations Analytics Software Market Shares, 2019: Market Growth Accelerates

  • September 2020 •
  • 9 pages •
  • Report ID: 5822911 •
  • Format: PDF
This IDC study represents IDC's estimate of market sizes and vendor market shares in 2019 for the IT operations analytics (ITOA) software market. The worldwide ITOA software market is estimated to have totaled $3.6 billion in 2019 when calculated in current U.S. dollars. IDC estimates that the 2019 worldwide market grew by 27.0% over 2018. Splunk was the market share leader in 2019, with a 41.8% share on $1.5 billion of revenue, according to IDC estimates. The Americas region, dominated by U.S. sales, represented 68.2% of the market. IDC estimates 19.3% of revenue was delivered via the software-as-a-service (SaaS) public cloud model. Note that this study is based on pre-COVID-19 data."The IT operations analytics market continued strong growth in 2019," according to Tim Grieser, research VP, Enterprise System Management Software, at IDC. "Leading vendors gained increased revenue on the strength of their offerings in log management and analysis for troubleshooting complex problems across applications and infrastructure as well as support for machine learning of operational characteristics and predictive solutions for preventing future problems."