Global Mainframe Monitoring Tools Market Growth Analysis, Latest Trends And Business Opportunity
The mainframe monitoring tools global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Mainframe Monitoring Tools Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The mainframe monitoring tools market size has grown strongly in recent years.
It will grow from $1.35 billion in 2023 to $1.45 billion in 2024 at a compound
annual growth rate (CAGR) of 7.3%. The growth in the historic period can be
attributed to technological advancements, increased complexity of mainframe
environments, growth in demand for performance optimization, rise in security concerns,
and regulatory compliance requirements.
The mainframe monitoring tools market size is expected to see strong growth in
the next few years. It will grow to $1.93 billion in 2028 at a compound annual
growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed
to the adoption of hybrid cloud strategies, focus on cost optimization, the
emergence of AI and machine learning capabilities, demand for real-time
analytics, and emphasis on DevOps and agile methodologies. Major trends in the
forecast period include enhanced automation and orchestration, integration with
AIOps platforms, expansion of predictive analytics capabilities, emphasis on
user experience monitoring, and increased focus on cloud-native monitoring
solutions.
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Scope Of Mainframe Monitoring Tools Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Market Trends -
Major companies operating in the mainframe monitoring tools market are
developing advanced solutions, such as cloud-based solutions leveraging AI and
ML algorithms, to analyze vast amounts of operational data generated by
mainframe systems in real time. Cloud-based mainframe operation solutions can
identify patterns, trends, and anomalies, enabling proactive problem detection
and resolution. For instance, in June 2023, BMC Software Inc., a US-based
information technology (IT) services provider, launched BMC Automated Mainframe
Intelligence (AMI) Cloud, a new range of products to assist clients in
rethinking mainframe data management in the context of hybrid IT, including
public and private clouds. The BMC AMI Cloud portfolio enables companies to use
hybrid cloud technologies for large-scale, business-critical transactions while
getting the benefits of cloud computing. Organizations that open their
mission-critical data get more business insight, allowing them to make better
decisions with greater security, flexibility, scalability, and efficiency.
The mainframe monitoring tools market covered in this report is segmented –
1) By Offering: Hardware, Services, Software
2) By Application: Transaction, Enterprise Resource Planning (ERP), Census
Industry, Consumer Statics
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
4) By End Use: Banking Financial Services And Insurance, Information Technology
(IT) And Telecom, Healthcare, Government And Public Sector, Retail, Travel And
Transportation, Manufacturing, Other End Uses
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Regional Insights -
North America was the largest region in the mainframe monitoring tools market
in 2023. Asia-Pacific is expected to be the fastest-growing region in the
forecast period. The regions covered in the mainframe monitoring tools market
report are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
Key Companies -
Major companies operating in the mainframe monitoring tools market are International Business Machines Corporation
(IBM), Cisco Systems Inc., Broadcom Inc., Fujitsu Limited, Hewlett Packard
Enterprise Company, Amazon Web Services, Micro Focus International plc, Splunk
Inc., Hitachi Vantara LLC, BMC Software Inc., Dynatrace LLC, TIBCO Software
Inc., Quest Software Inc., Fortra LLC, Ensono LP, Precisely Holdings LLC,
Rocket Software Inc., Mainline Information Systems Inc., UNICOM Government
Inc., Luminex Software Inc., Blu Age Corporation, LzLabs GmbH, CPT Global
Limited, IntelliMagic B.V., GT Software LLC, DataKinetics Corporation
Table of Contents
1. Executive Summary
2. Mainframe Monitoring Tools Market Report Structure
3. Mainframe Monitoring Tools Market Trends And Strategies
4. Mainframe Monitoring Tools Market – Macro Economic Scenario
5. Mainframe Monitoring Tools Market Size And Growth
…..
27. Mainframe Monitoring Tools Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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