This IDC study presents a five-year forecast for the worldwide event management software market as of January 2016. This study updates the previous forecast published in Worldwide Event Management Software Forecast Update, 2015-2019 (IDC #257024, June 2015).
"The worldwide event management software market underwent a small decline in 2015 in terms of U.S. dollar current currency and is forecast to grow at a mid-single-digit annual rate during the 2016-2020 forecast period. The market is being driven by the need to monitor, manage, and optimize systems, applications, and end-user experience across increasingly complex on-premise, hybrid cloud, and public cloud deployments, together with the rapid adoption of 3rd Platform technologies." — Tim Grieser, program vice president, Enterprise System Management Software