Sep 2018 - Market Share - Doc # US44234917
Worldwide IT Operations Analytics Software Market Shares, 2017: Strong Market Growth Continues
This IDC study represents IDC's estimate of market sizes and vendor market shares in 2017 for the IT operations analytics (ITOA) software market. The worldwide ITOA software market totaled $2.2 billion in 2017 when calculated in current U.S. dollars. IDC estimates that the worldwide market grew by 19.1% over 2016. Splunk took top market share in 2017, with a 34.9% share on $781.8 million of revenue, according to IDC estimates. The Americas region, dominated by U.S. sales, represented 64.7% of the market. IDC estimates 11.2% of revenue was delivered via the software-as-a-service (SaaS) public cloud model.
"The IT operations analytics market continued strong expansion in 2017," according to Tim Grieser, research VP, Enterprise System Management Software. "Leading vendors gained increased revenue on the strength of their offerings in log management and analysis for troubleshooting complex problems across applications and infrastructure as well as support for machine learning of operational characteristics and predictive solutions for preventing future problems."