TECH SUPPLIER Dec 2018 - Market Forecast - Doc # US44478718

Worldwide IT Operations Analytics Software Forecast, 2018–2022

By: Tim GrieserResearch Vice President, Enterprise System Management Software

Abstract

This IDC study presents a five-year forecast for the worldwide IT operations analytics software market as of November 2018. This study updates the previous forecast published in Worldwide IT Operations Analytics Software Forecast, 20172021 (IDC #US42983617, August 2017).

"According to IDC estimates, the worldwide IT operations analytics software market grew to over $2.2 billion in 2017, in large part, because of growing data volumes and increased availability of easier-to-use, lower-cost, and easier-to-deploy solutions," explains Tim Grieser, research vice president, Enterprise System Management Software at IDC. "IDC expects that this market will grow at a CAGR of 10.5% during the 2018–2022 period and exceed $3.6 billion by 2022."


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