GITNUX MARKETDATA REPORT 2024

Cloud Monitoring Industry Statistics

The cloud monitoring industry is expected to experience significant growth in the coming years, driven by the increasing adoption of cloud services and the need for real-time performance monitoring and optimization.

Statistic 1

"By 2026, the global cloud monitoring market is expected to reach $3.9 Billion at a CAGR of 18.9%."

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Statistic 2

"By 2025, 85% of businesses will have adopted cloud-monitoring services."

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Statistic 3

"The BFSI sector saw the highest application of cloud monitoring in 2018."

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Statistic 4

"From 2020 to 2026, the cloud systems management software market is expected to grow at a CAGR of 26%."

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Statistic 5

"Due to COVID-19, 59% of Companies expedited their move to cloud computing."

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Statistic 6

"The Asia-Pacific cloud monitoring market is expected to grow at the highest CAGR from 2021-2026."

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Statistic 7

"The solution segment of cloud monitoring accounted for more than 65% of the market share in 2018."

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Statistic 8

"Companies with 1,000 or more employees are more likely, around 74%, to have a multi-cloud strategy."

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Statistic 9

"In Q2 2021, Google Cloud had a 7% share of the worldwide cloud market."

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Statistic 10

"The small and medium enterprises (SMEs) segment will grow at the highest CAGR during the forecast period in the cloud monitoring market."

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Statistic 11

"By 2026, the SaaS deployment model in cloud monitoring will grow at a CAGR of 23.2%."

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Statistic 12

"In 2020, approximately 50% of enterprise IT spending was cloud-based."

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Statistic 13

"AWS' revenue in Q2 2021 reached $14.8 billion, a 37% increase year over year."

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