Log Management Market Scope
Log management is an umbrella term that describes all the activities and processes used to generate, collect, centralize, parse, transmit, store, archive, and dispose of massive volumes of computer-generated log data. These tools are used to handle all the logs generated by apps, systems, networks, software, or users, and deal with them in any way that best suits the needs of an enterprise or organization. Log management is a popular topic not only among system administrators and SecOps but also among developers. This is because the use of logs for security, performance enhancement or just troubleshooting purposes is widespread across many IT segments and job roles.
According to AMA, the Global Log Management market is expected to see growth rate of 14.5% and may see market size of USD3.79 Billion by 2026.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Log Management market throughout the predicted period.
IBM (United States), Micro Focus (United Kingdom), Rapid7 (United States), RSA Security LLC. (United States), Solarwinds (United States), Alert Logic (United States), Mcafee (United States), Manageengine (United States), Sumo Logic (United States), Blackstratus (United States), Graylog (Germany), Splunk Technology (United States) and Logrhythm (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Logdna (United States), Humio (United Kingdom), Logit.Io (United Kingdom), Paessler AG (Germany), Sematext Group (United States), Xpolog (United States) and Logz.Io (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Log Management market and Region with country level break-up.
On the basis of geography, the market of Log Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 22 Oct 2019, Data analytics vendor Sumo Logic is in negotiations with JASK about purchasing the four-year-old cybersecurity startup, according to multiple sources familiar with the situation. According to source, buying JASK would accelerate their cloud development and log management capabilities for customers.
On 15 Oct. 2018, Rapid7, Inc. (NASDAQ: RPD), powering SecOps through its visibility, analytics and automation cloud, today announced it acquired tCell.io, Inc., a leading provider of web application threat defense and monitoring. Through this acquisition, Rapid7 plans to expand its application security capabilities and help its customers better assess, monitor, and protect against application-based attacks. and On 17 July 2018, SolarWinds, a leading provider of powerful and affordable IT management software, announced SolarWinds Log Manager for Orion, a new, powerful log management tool for on-premises IT environments. Fully integrated with the Solar Winds Orion Platform, Log Manager is designed to provide the essential components an IT operations team needs for improved log monitoring, troubleshooting, and performance management.
- The Growing Popularity of Cloud-Based Solutions
- Increasing Number of Network Devices Is Driving the Market
- Stringent Security Compliances and Government Regulations
- Increase in Need of Business Intelligence Expected to Open Lucrative Opportunities for the Market
- Lack of Standard Log Format Is Restraining the Market
- Availability of Open-Source and Free Log Management Solutions May Hinder the Growth of the Market
- Management of a Huge Amount of Data
- Lack of a Standard Log Format
Key Target AudienceLog Management Solution providers, Log Management Service Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream & Upstream Vendors, End Users and Others