Cisco Systems, Inc.; IBM Corporation; Datadog; Splunk, Inc.; and AT&T Inc. are some of the key market players operating in the global log management market. The listing of key players is derived by considering multiple factors such as overall revenue, current log management portfolio, geographical reach, new product launches, market initiatives, and investment in technology up gradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the log management market which were analyzed during the course of this market research study, such as, Alert Logic, LogRhythm, Inc., ManageEngine, SolarWinds Worldwide, LLC, Sematext Group Inc. among others.
Cisco Systems, Inc.; IBM Corporation; Datadog; Splunk, Inc.; and AT&T Inc.; – PROMINENT MARKET PARTICIPANTS IN LOG MANAGEMENT MARKET
The global log management market is segmented based on component as solution and services. The log management market is categorized on basis of the deployment as cloud based and on premise. The global log management market is bifurcated based on organization size as small and medium-sized enterprises, and large enterprises. The log management market is segmented based on industry as IT & Telecom, BFSI, healthcare, retail & ecommerce, education, and others. In terms of geography, the log management market is primarily segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Businesses are facing new challenges due to the COVID-19 pandemic and the development of remote work environments. Further, the COVID-19 pandemic arrival in 2020 prompted a slew of challenges for global market operations. Healthcare infrastructures of developed economies collapsed due to the rising number of COVID-19 cases. As a result, the public healthcare emergency requires the governments and market players to intervene and assist in the revival of market operations and revenue through collaborative efforts of research and development initiatives to recover the losses during the forecast period. With ease in restrictions and reopening of business units, the demand for adoption of IoT platforms, cloud-based solutions, and artificial intelligence experienced a change in spending pattern to more integrated utilization of cloud, analytics, data, and software. From the second half of 2020, market players significantly invested in adopting advanced technologies, leveraging the demand for log management tools to make them more intelligent and secure. The COVID-19 pandemic forced businesses to restructure their business models, focusing on strengthening strategies to achieve growth prospects.
Most of the market initiatives were observed in North America region, which has a high potential for digital payment providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Region |
| 2021 | Alert Logic Launches Comprehensive Intelligent Response for MDR with Actions Across EDR, Network, and IAM in Hybrid and Multi-Cloud Environments | North America |
| 2021 | AT&T Cybersecurity Delivers New Managed SASE Solution to Connect and Protect the Multi-Cloud, Hybrid Enterprise | North America |
