This IDC study presents a five-year forecast for the worldwide distributed event management software market as of January 2016. This study updates the previous forecast published in Worldwide Distributed Event Management Software Forecast Update, 2015–2019 (IDC #257367, July 2015).
"The worldwide distributed event management software market underwent a small decline in 2015 in terms of U.S. dollars in 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