The surveillance tools market is rapidly growing in the United States and is expected to grow at 20.8% annually until 2034. It helps companies enhance their operations by tracking performance and analyzing data for process improvement.
NEWARK, Del., April 15, 2024 (Globe Newswire) — The Surveillance Tools Market is projected to have a current market valuation of: 25.1 billion USD It is believed that by 2024, there will be a sharp increase in valuations, primarily in . $170 billion By 2034, CAGR 21.1%.
The rapid digital transformation happening across enterprises is pushing the surveillance tools market in the right direction. As organizations begin to adopt cloud computing, IoT devices, and other emerging technologies, there is a critical need for comprehensive monitoring solutions to ensure the reliability and efficiency of these digital ecosystems.
Monitoring tools provide visibility into the performance and health of IT infrastructure, allowing organizations to optimize resource utilization, detect anomalies, and mitigate potential risks. The increased emphasis on cybersecurity and regulatory compliance will further increase the demand for monitoring tools. With the proliferation of cyber threats and data breaches, organizations are investing in advanced monitoring solutions to detect and respond to security incidents in real time.
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As such, monitoring tools help organizations monitor network traffic, detect unauthorized access, and identify security vulnerabilities by strengthening a comprehensive cybersecurity posture and ensuring compliance with regulatory requirements. Helpful.
The shift to DevOps and agile methodologies is reshaping the monitoring tools market with a focus on integrating monitoring into the software development lifecycle. Monitoring tools are gradually being integrated into his CI/CD pipeline to provide continuous feedback on application performance and quality, allowing him to deliver software updates and improvements more quickly.
Key takeaways from the Surveillance Tools Market report:
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By component type, the software segment is registered to grow at a CAGR of 20.8% by 2034.
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In the UK, it is predicted to register at a CAGR of 21.8% by 2034.
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China is experiencing significant growth and is predicted to experience a CAGR of 21.7% by 2034.
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Based on adoption, the cloud segment is expected to grow at a CAGR of 20.6% by 2034.
“Given our recent market research study, the monitoring tools market shows robust growth potential driven by the growing demand for real-time monitoring solutions across various industries. This highlights the increasing adoption of advanced monitoring tools aimed at increasing operational efficiency and reducing risk and positioning the market for sustained expansion in the foreseeable future. ” – says Sudip Saha, Managing Director and Co-Founder, Future Market Insights.
Report scope:
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Estimated market size in 2024 |
25.1 billion USD |
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Expected market value in 2034 |
$170 billion |
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Value-based CAGR from 2024 to 2034 |
21.1% |
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Forecast period |
From 2024 to 2034 |
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Historical data available |
From 2019 to 2023 |
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market analysis |
Value (US$ billion) |
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Main regions covered |
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Key market segments covered |
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Key countries profiled |
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Overview of major companies |
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Competitive environment:
The diverse competitive landscape of the monitoring tools market is eclectic, with a mix of established players and emerging startups. Key competitors compete based on product features, reliability, pricing, and customer support.
Some of the key developments include:
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In March 2023, Based on a common goal, Cisco and Lightspin customers upgraded their cloud environments with end-to-end security and observability from build to runtime.
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In February 2022, Netscout announced the release of nGeniusEDGE Server, which provides customers with the visibility and insight they need to ensure a high-quality end-user experience, no matter where their employees work.
Gain even more valuable insights:
Future Market Insights provides unbiased global Surveillance Tools market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand the market opportunity, the monitoring tools market is segmented on the basis of component (software, service), deployment (cloud, on-premises), and type. [Infrastructure Monitoring Tools (Network Monitoring, Storage Monitoring, Server Monitoring, Cloud Infrastructure Monitoring, Others), Application Performance Monitoring Tools (Database Monitoring, Web Application Monitoring, Mobile Application Monitoring, Code Level Monitoring, Others), Security Monitoring Tools (Intrusion Detection and Prevention Systems (IDPS), Log Monitoring and Analysis, Vulnerability Assessment, and Management, Others), End-user Experience Monitoring Tools (Synthetic Monitoring, Real User Monitoring, Others)]Verticals (BFSI, Retail & E-Commerce, Healthcare, IT & Telecommunications, Media & Entertainment, Manufacturing, Others) and Regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and the Middle East and Africa).
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Monitoring Tools Market Segmentation:
By component:
By deployment:
By type:
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infrastructure monitoring tools
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Application performance monitoring tools
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security monitoring tools
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Intrusion Detection and Prevention System (IDPS)
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Log monitoring and analysis
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Vulnerability assessment and management
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others
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End user experience monitoring tools
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Comprehensive monitoring
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Real user monitoring
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others
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Vertical direction:
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BFSI
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Retail and e-commerce
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health care
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IT & Telecom
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media and entertainment
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manufacturing industry
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others
By region:
author:
Sudip Saha is Managing Director and Co-Founder of Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with trusted solutions and is consistently in the media for his thought leadership. His extensive experience in market research and project management in APAC, EMEA and the Americas reflects his growth-oriented approach to clients.
He is a strong believer in innovation-based solutions and emphasizes customized solutions that meet one customer's requirements at a time. For his foresight and visionary approach, he was recently recognized as a 'Global Icon in Business Consulting' at the ET Inspiring Leaders Awards 2022.
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