According to our latest market study on “Log Management Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component, Deployment, Organization Size, and Industry,” the market is expected to grow from US$ 2,246.12 million in 2021 to US$ 5,216.67 million by 2028; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028.
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The market is divided into solutions and services based on component. The solutions category dominated the market and held a bigger part of the log management market in 2021. The market is divided into on-premises and cloud-based deployments based on location. The cloud-based market category had a greater market share in 2021. The market is divided into small and medium-sized firms and large enterprises based on the size of the organization.
The final report will add the analysis of the Impact of Covid-19 in this report Log Management MARKET.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the Log Management Positioning System Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Market is analyzed and depicted in the report.
Some of the companies competing in The Log Management MARKET are
- Alert Logic
- Cisco Systems, Inc.
- IBM Corporation
- LogRhythm, Inc.
- Splunk, Inc.
- SolarWinds Worldwide, LLC
- Sematext Group Inc.
- AT&T Inc
Computer technology When dealing with numerous operational logs and false alarms, IT managers suffer. Log management solutions are able to easily manage IT infrastructure and report bogus faults with the aid of artificial intelligence (AI). The functionality offered by log management products with AI-enabled features is sufficient to transform the volume of operations data that has been gathered into relevant reports, alarms, and warnings. Additionally, in the current crisis, when the frequency of cyberattacks is rising, features like AI easily manage massive amounts of data. Additionally, adding AI capabilities to log management systems presents a variety of opportunities for IT operators that work with a wealth of data. Real-time vulnerability and attack detection made possible by AI in log detection security successfully transforms log analysis into a monitoring system.
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