Log Management Market Worth $4.1 Billion by 2026 – Exclusive Report by MarketsandMarketsâ¢>
SB Wire
Northbrook, IL — (SBWIRE) — 10/14/2021 — According to a new market research report “Log Management Market by Component (Solution and Services), Organization Size (Large Enterprises and SMEs), Deployment Mode (Cloud and On-premises), Vertical (IT and ITeS, BFSI, Healthcare, Telecom, and Education), and RegionâGlobal Forecast to 2026” published by MarketsandMarketsâ¢, the Log Management Market size expected to grow from USD 2.3 billion in 2021 to USD 4.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.9% from 2021 to 2026. Increasing sophistication of cyberattacks necessitating log management for early detection of cyberattacks, presence of stringent government regulations and compliances, and generation of large data due to increased dependence on IT infrastructure to boost the growth of Log Management Market across the globe during the forecast period. Moreover, rising demand for business intelligence, rising trend of cloud-based log management practices, and integration of technologies such as predictive analytics, AI, ML into log management would provide lucrative opportunities for Log Management Market vendors. In vertical, telecom to grow at the highest CAGR during the forecast period In region, APAC to grow at the highest CAGR during the forecast period
Link: http://www.sbwire.com/press-releases/log-management-market-worth-41-billion-by-2026-exclusive-report-by-marketsandmarketstm-1347521.htm