Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Global Log Management Market (2023-2028) by Component, Deployment, Organization Size, Industry, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Log Management Market is estimated to be USD 2.55 Bn in 2023 and is expected to reach USD 4.60 Bn by 2028, growing at a CAGR of 12.5%.
Market Dynamics
Drivers
- Rise in the Sophistication of Advanced Persistent Threats (APTs)
- Increased Number of Network Devices and Concerns for Security
- Increasing Use of IT Applications and The Need for a High-Volume High-Speed Data Generation
- Stringent Security Compliances and Government Regulations
Restraints
- Increasing Complexity of the Systems
- Easy Availability of Free and Open-Source Log Management Solutions
- High Procurement and Maintenance Costs
Opportunities
- Proliferation of Cloud-Based Log Management Platforms
- Integration of Log Management Solutions with Artificial Intelligence (AI) and Related Analytical Capabilities
Challenges
- Lack of Consistent Log Format
- Inaccuracy in Logs Making Difficult for Detection Systems
Market Segmentations
The Global Log Management Market is segmented based on Component, Deployment, Organization Size, Indsutry, and Geography.
- By Component, the market is classified into Solution and Services.
- By Deployment, the market is classified into Cloud and On-premises.
- By Organization Size, the market is classified into Large enterprises and Small & Medium-sized Enterprises (SMEs).
- By Industry, the market is classified into IT and ITeS, BFSI, Healthcare, Retail, Education, Telecom, and Others.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Log Management Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Log Management Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Log Management Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 173 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $2.56 Billion |
| Forecasted Market Value (USD) by 2028 | $4.61 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Log Management Market, By Component
7 Global Log Management Market, By Deployment
8 Global Log Management Market, By Organization Size
9 Global Log Management Market, By Industry
10 Americas' Log Management Market
11 Europe's Log Management Market
12 Middle East and Africa's Log Management Market
13 APAC's Log Management Market
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- Alert Logic, Inc.
- AT&T Cybersecurity
- Blackstratus, Inc.
- Cisco Systems, Inc.
- Dell, Inc.
- Graylog
- Humio
- IBM Corp.
- Intel Corp.
- LogDNA
- Logit.io
- LogRhythm, Inc.
- Logz.io
- ManageEngine
- McAfee
- Micro Focus
- Paessler Ag
- Rapid7
- Sematext Group
- SolarWinds, Inc.
- Splunk, Inc.
- Sumo Logic
- Veriato, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/qordhc
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