Global Log Management Market, By Component (Solutions, Services), Deployment (Cloud, On-Premises), Enterprise Size (Large Enterprises and Small & Medium Sized Enterprises), Industry Vertical (Healthcare, Manufacturing, Energy & Utilities, IT & Telecommunications, Retail & Consumer Goods, Transportation & Logistics, Government & Public Utilities, Banking, Financial Services & Insurance (BFSI), Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Log management market will reach at an estimated value of USD 2556.54 million and grow at a CAGR of 12.40% in the forecast period of 2021 to 2028. Increase in reliance and the generation of a huge amount of log data acts as an essential factor driving the log management market.
Log management is usually used in the business process to handle a data from a source. They usually deals with computer- generated log messages like audit records, audit trails, event-logs, among others. They usually collect and organise the data so that they can create more appropriate results. They act as a security controls for all systems and network logs and is very useful as it is also used to detect the security vulnerabilities, cyber threats, and malicious activities.
Rising stringent security compliances and government regulations is a crucial factor accelerating the market growth, also rising number of network devices, rising advance persistence threat (APT), rising availability of computer-generated log data accessible to IT engineers, developers, and business analysis on-demand and rising responsive log management solutions with artificial intelligence and analytical advantages or features are the major factors among others boosting the log management market. Moreover, rise in the need of business intelligence, increasing technological advancements and modernization in the management techniques and rising demand from the emerging economies will further create new opportunities for log management market in the forecast period mentioned above.
However, rising availability of open-source and free log management solutions is the vital factor among others restraining the market growth, while lack of a standard log format will further challenge the log management market in the forecast period mentioned above.
This log management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on log management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Log management market is segmented on the basis of component, deployment, enterprise size and industry vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, log management market is segmented into solutions and services. Services have been further segmented into professional services and managed services. Professional services have been further sub segmented into consulting, training and education and support and maintenance
- Based on deployment, the log management market is segmented into cloud and on-premises.
- Based on enterprise size, the log management market is segmented into large enterprises and small & medium sized enterprises.
- The log management market is also segmented on the basis of industry vertical into healthcare, manufacturing, energy & utilities, IT & telecommunications, retail & consumer goods, transportation & logistics, government & public utilities, banking, financial services & insurance (BFSI) and others.
Log Management Market Scope Country Level Analysis
Log management market is analysed and market size, volume information is provided by country, component, deployment, enterprise size and industry vertical as referenced above.
The countries covered in the log management market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the log management market due to increasing demand for data, rising huge demand potential and low labor costs, rising number of network devices and rising advance persistence threat (APT) in this region.
The country section of the log management market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Log Management Market Share Analysis
Log management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to log management market.
The major players covered in log management market report are IBM, Intel Corporation, SolarWinds Worldwide, LLC, Splunk Inc, LogRhythm, Inc., Alert Logic, Inc., Loggly, Inc., AT&T Cybersecurity, Veriato Inc, BlackStratus, Rapid7, Trend Micro Incorporated, Juniper Networks, Inc., Dell, LogRhythm, Inc, Veria Technologies, Inc and Sumo Logic. And Scalyr, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.