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Log Management Trends and Forecast
The future of the global log management market looks promising with opportunities in the IT and ITes, banking, financial services, and insurance, healthcare, retail and ecommerce, telecom, and education markets. The global log management market is expected to reach an estimated $4.78 billion by 2030 with a CAGR of 11.4% from 2024 to 2030. The major drivers for this market are escalating sophistication of cyberattacks drives the need for log management to enable early detection of such threats, existence of rigorous government regulations and compliance standards, and increasing availability of computer-generated log data accessible to IT engineers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Log Management by Segment
The study includes a forecast for the global log management by organization size, component, deployment mode, end use, and region.
Log Management Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:
• SMEs
• Large Enterprises
Log Management Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Solution
• Services
Log Management Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:
• Cloud Based
• On Premises
Log Management Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• IT and ITes
• Banking, Financial Services, and Insurance
• Healthcare
• Retail and eCommerce
• Telecom
• Education
• Others
Log Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Log Management Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies log management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the log management companies profiled in this report include-
• IBM
• Splunk
• Solarwinds
• Rapid7
• Micro Focus
Log Management Market Insights
Lucintel forecasts that large enterprise is expected to witness the higher growth over the forecast period due to substantial volume of information is generated on a daily basis from IT systems.
Within this market, IT and ITes will remain the largest segment due to increase in number of cybercrimes.
North America will remain the largest region over the forecast period due to technological advancements and rising advanced persistent threats and targeted attacks in the region.
Features of the Global Log Management Market
Market Size Estimates: Log management market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Log management market size by various segments, such as by organization size, component, deployment mode, end use, and region in terms of value ($B).
Regional Analysis: Log management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different organization sizes, components, deployment modes, end uses, and regions for the log management market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the log management market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the log management market size?
Answer: The global log management market is expected to reach an estimated $4.78 billion by 2030.
Q2. What is the growth forecast for log management market?
Answer: The global log management market is expected to grow with a CAGR of 11.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the log management market?
Answer: The major drivers for this market are escalating sophistication of cyberattacks drives the need for log management to enable early detection of such threats, existence of rigorous government regulations and compliance standards, and increasing availability of computer-generated log data accessible to IT engineers.
Q4. What are the major segments for log management market?
Answer: The future of the log management market looks promising with opportunities in the IT and ITes, banking, financial services, and insurance, healthcare, retail and ecommerce, telecom, and education markets.
Q5. Who are the key log management market companies?
Answer: Some of the key log management companies are as follows:
• IBM
• Splunk
• Solarwinds
• Rapid7
• Micro Focus
Q6. Which log management market segment will be the largest in future?
Answer: Lucintel forecasts that large enterprise is expected to witness the higher growth over the forecast period due to substantial volume of information is generated on a daily basis from IT systems.
Q7. In log management market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to technological advancements and rising advanced persistent threats and targeted attacks in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the log management market by organization size (SMEs and large enterprises), component (solution and services), deployment mode (cloud based and on premises), end use (IT and ITes, banking, financial services, and insurance, healthcare, retail and ecommerce, telecom, education, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Log Management Market, Log Management Market Size, Log Management Market Growth, Log Management Market Analysis, Log Management Market Report, Log Management Market Share, Log Management Market Trends, Log Management Market Forecast, Log Management Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Log Management Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Log Management Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Log Management Market by Organization Size
3.3.1: SMEs
3.3.2: Large Enterprises
3.4: Global Log Management Market by Component
3.4.1: Solution
3.4.2: Services
3.5: Global Log Management Market by Deployment Mode
3.5.1: Cloud Based
3.5.2: On Premises
3.6: Global Log Management Market by End Use
3.6.1: IT and ITeS
3.6.2: Banking, Financial Services, and Insurance
3.6.3: Healthcare
3.6.4: Retail and Ecommerce
3.6.5: Telecom
3.6.6: Education
3.6.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Log Management Market by Region
4.2: North American Log Management Market
4.2.2: North American Log Management Market by End Use: IT and ITeS, Banking, Financial Services, and Insurance, Healthcare, Retail and Ecommerce, Telecom, Education, and Others
4.3: European Log Management Market
4.3.1: European Log Management Market by Organization Size: SMEs and Large Enterprises
4.3.2: European Log Management Market by End Use: IT and ITeS, Banking, Financial Services, and Insurance, Healthcare, Retail and Ecommerce, Telecom, Education, and Others
4.4: APAC Log Management Market
4.4.1: APAC Log Management Market by Organization Size: SMEs and Large Enterprises
4.4.2: APAC Log Management Market by End Use: IT and ITeS, Banking, Financial Services, and Insurance, Healthcare, Retail and Ecommerce, Telecom, Education, and Others
4.5: ROW Log Management Market
4.5.1: ROW Log Management Market by Organization Size: SMEs and Large Enterprises
4.5.2: ROW Log Management Market by End Use: IT and ITeS, Banking, Financial Services, and Insurance, Healthcare, Retail and Ecommerce, Telecom, Education, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Log Management Market by Organization Size
6.1.2: Growth Opportunities for the Global Log Management Market by Component
6.1.3: Growth Opportunities for the Global Log Management Market by Deployment Mode
6.1.4: Growth Opportunities for the Global Log Management Market by End Use
6.1.5: Growth Opportunities for the Global Log Management Market by Region
6.2: Emerging Trends in the Global Log Management Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Log Management Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Log Management Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: IBM
7.2: Splunk
7.3: Solarwinds
7.4: Rapid7
7.5: Micro Focus
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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