The global IT event and log management market is anticipated to grow at a CAGR of 11.2% during the forecast period. The key factor contributing to the market growth include the growing number of new product launches and development by market players such as IBM, Micro Focus, and Vonage, among others to expand their portfolio and global presence in order to remain completive in the market. For instance-
• In September 2021, Progress released Progress WhatsUp Gold, network monitoring software., the product includes improved usability and security with support for log management archiving along with extended support for OpenID Connect, Microsoft Edge, and Cisco Meraki wireless devices. Further, through this, the company is able to expand its portfolio by including log management archiving, which allows businesses to easily find, archive, and retrieve all log sourcesfrom network devices to servers, operating systems, applications, and more.
• In August 2020, Micro Focus announced launch of ArcSight 2020. featuring a new unified layered analytics platform and user interface that simplifies holistic threat detection. The latest version of ArcSight provides Security Operation Centers (SOCs) including an end-to-end intelligent enterprise security operations platform while reducing resource drain. ArcSight enables SOCs to intelligently adapt their organizations due to rapidly increasing threats and cyber attacks by providing real-time detection, behavioral analytics, and advanced threat hunting and log management capabilities.
• In august 2022, Vonage collaborated with Log Build for integrating the Vonage Video API into the Log Build software. Through this software, the company is able to connect with carpenters, and other tradespeople via highly reliable, interactive live video calls, enabling them to reduce time and expenses.
Browse the full report description of “IT Event and Log Management Market & Trends Analysis Report by Component (Solutionsand Services), by Deployment Mode (Cloud and On-Premises), and by End User (IT andTelecom, BFSI, Healthcare, and Education) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/it-event-and-log-management-market
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Component
o By Deployment Mode
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive LandscapeDatadog Inc., IBM, Micro Focus, Solar Winds, Sumo Logic Inc., Alert Logic, Inc., ChaosSearch Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global IT Event and Log Management Market Report Segment
By Component
By Deployment Mode
By End-User
Global IT Event and Log Management Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/it-event-and-log-management-market