Log Management Market Size, Growth and Analysis 2028

Log Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution and Services), Deployment (On Premise and Cloud Based), Organization Size (Small & Medium Enterprises and Large Enterprises), and Industry (IT and Telecom, BFSI, Healthcare, Education, Retail and Ecommerce, and Others)

  • Report Code : TIPRE00006168
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 186
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The Log Management Market is expected to grow from US$ 2,246.12 million in 2021 to US$ 5,216.67 million by 2028. It is estimated to grow at a CAGR of 12.8% from 2021 to 2028.

Players in the log management market will create lucrative opportunities in the coming years, pertaining to the rising surge in the integration of artificial intelligence and machine learning technologies. AI-enhanced log management tools can form part of the arsenal of security detection and response tools in enterprise IT departments. A range of tools previously unavailable or too slow to generate reports currently offer actual-time log monitoring and reporting built using AI. Thus, as AI integration improves, the range of features and functionality also evolves. Through a log analysis method powered by AI and ML, the deployment of log intelligence is gaining traction among enterprises. Therefore, the log intelligence powered by AI and ML analyzes logs automatically, finds the root cause of issues, and surfaces anomalies within log data. It also helps organizations prevent an issue even before its occurrence. Thus, the surge in the integration of AI and ML technologies into log management helps create opportunities for the log management platform developers due to its high acceptance rate among large and small global enterprises. Thus, a rising surge in the integration of artificial intelligence and machine learning technologies is generating high demand for software solutions, supporting the log management market growth.

The growing use of cloud-based log management platforms is driving the log management market's growth as their use is increasing due to their simple deployment and reduced deployment time and cost. Cloud-based log management platform also reduces repair and maintenance costs and enhances customer satisfaction. Therefore, due to the multiple benefits of the cloud-based log management platform, the platform's adoption is increasing by large enterprises and small and medium enterprises (SMEs) for the early detection of cyberattacks, which fuels the growth of the log management market share during the forecast period.

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Log Management Market: Strategic Insights

log-management-market
Market Size Value inUS$ 2,246.12 Million in 2021
Market Size Value byUS$ 5,216.67 Million by 2028
Growth rateCAGR of 12.8% from 2021 to 2028
Forecast Period2021-2028
Base Year2021
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Impact of COVID-19 Pandemic on Log Management Market

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 market tools to make them more intelligent and secure. Furthermore, the COVID-19 pandemic invoked a rising need for featured log management solutions that enable the application within IoT, cloud platforms, and Artificial Intelligence (AI), which are trending among various industries. Although the global log management market plummeted initially due to the adverse impact of the COVID-19 pandemic and the related regulations, it remarkably recovered from the COVID-19 pandemic due to the rise in the adoption of advanced technologies globally.

The availability of open-source log management platforms is affecting the overall log management market as it limits the demand for paid log management solutions. With the adoption of an open-source log management platform, businesses also eliminate the vendor lock-in period associated with a paid log management platform. Companies offering an open-source log management platform are Logstash, Fluentd, GoAccess, and LOGalyze.

Lucrative Regions for Log Management Market

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Log Management Market Insights

Increasing digitalization, cloud usage, and the subsequent rise in data generated create a lucrative outlook for the advanced persistent threats (APTs). APTs hamper the productivity of businesses and damage critical information technology (IT) infrastructure and data of organizations. The intent of APTs is often to steal data than to damage the network. Sectors with high-value information, including defense, manufacturing, finance, and telecom, are the most common targets for APT attacks. Increasing social networking trend is also mainly targeted by APT attackers.

Critical aspects of an APT attack can remain hidden without centralized logging, such as the attack moving laterally across environments. And with centralizing log management tools, SolarWinds’ Security Event Manager (SEM) can help admins catch potential errors and suspicious traffic patterns by providing real-time visibility. The centralized log analyzer is designed to provide information such as source machine IP, event name and severity, time of insertion/detection, and protocol usage. Therefore, the advanced persistent threats can easily be traced through a centralized log analysis system. Thus, using a centralized log analysis system is acting as a driving factor for the log management market growth.

Centralized log management helps combine all log data in a single location in a standard format. As data arrives from many places, such as operating systems, apps, servers, and hosts, all inputs must be integrated and standardized before the company can provide useful insights. The analytical process is simplified by centralization, and data can be implemented quickly throughout the company. Organizations can rapidly notice and respond to irregularities by storing and linking data in a single location. Therefore, a centralized log management market system improves data access and the organization's security capabilities.

Organization size-Based Market Insights

Log management market analysis by organization size, is segmented into small and medium-sized enterprises and large enterprises. In 2020, the large enterprises segment accounted for a larger market share.

Log Management Market segments, during 2020–2028 (%)

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Deployment-Based Market Insights

Log management market analysis by deployment, the market is segmented into cloud based and on premise. In 2020, the cloud based segment accounted for a larger market share.

Market players adopt strategies, such as mergers, acquisitions, and market initiatives, to maintain their positions in the market. A few developments by key players in the market report are listed below:

  • In 2021, N-able (Formerly SolarWinds MSP) Announced a Partnership with DNSFilter to Help MSPs Protect Customers From Online Security Threats With Advanced DNS Technology.
  • In 2022, AT&T Threat Detection and Response for Government meets key security requirements while providing critical network visibility to help protect data.

Company Profiles in the Log Management Market Report

  • Alert Logic
  • Cisco Systems, Inc.
  • IBM Corporation
  • Datadog
  • LogRhythm, Inc
  • Splunk, Inc
  • ManageEngine
  • SolarWinds Worldwide, LLC
  • Sematext Group Inc
  • AT&T Inc
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component, Deployment, Organization Size, and Industry

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Arentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are the driving factors responsible for the growth of log management market?

The advanced persistent threats can easily be traced through a centralized log analysis system. Thus, using a centralized log analysis system is acting as a driving factor for market growth.
Due to the multiple benefits of the cloud-based log management platform, the adoption of the platform is increasing by large enterprises and small and medium enterprises (SMEs) for the early detection of cyberattacks, which fuels the growth of the log management market.

What are the market opportunities for log management market?

Information technology IT administrators struggle when they face many operational logs and plenty of false alarms. With the help of artificial intelligence (AI), log management systems easily manage IT infrastructure and reporting of false errors. Log management tools with AI-enabled features provide enough functionality to reduce the amount of collected operations data into a common, manageable format and then into useful reports, alarms and warnings. And now, in a critical situation where the rate of cyberattacks is increasing, features including AI easily manages large volumes of data.

Which organization size-based segment has the largest market share in 2020?

The global log management market is bifurcated based on organization size as small and medium-sized enterprises, and large enterprises. The global log management market is dominated by large enterprises segment in 2020, which accounted for ~ 68.0%.

What is the future trend for log management market?

According to the article published by Innovation, Science and Economic Development Canada, there were over 44,000 businesses in the Canadian ICT sector, and the majority (over 40,000) fell within the software and computer services segment in 2020. With the increasing spending on the ICT sector, especially on the software/platform segment, the development of advanced technologies and the adoption of these technologies by businesses globally will grow in the coming years. Thus, the rising spending on the ICT sector will lead to more advanced development in the log management systems, which will accelerate the future demand for log management solutions.

Who are the major vendors in the log management market?

Key companies in the log management market include Alert Logic; Cisco Systems, Inc.; IBM Corporation; Datadog; LogRhythm, Inc.; Splunk, Inc.; ManageEngine; SolarWinds Worldwide, LLC; Sematext Group Inc.; and AT&T Inc

Which region has the largest market share in the log management market?

North America held the largest market share in year 2020. The region is home to many major corporations and fast-expanding SMEs; these all are focused on implementing log management systems. The demand for log management solutions is rising. Increased security breaches, tight government rules, and data protection and cyber security requirements drive the APAC log management market growth. Large businesses and SMEs in Europe use log management to protect business-critical systems against emerging vulnerabilities. SMEs can use advanced log management systems to record, store, and analyze logs.

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Log Management Market – By Component

1.3.2 Global Log Management Market – By Deployment

1.3.3 Global Log Management Market – By Organization Size

1.3.4 Global Log Management Market – By Industry

1.3.5 Global Log Management Market – By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Log Management Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Log Management Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Detection of Advanced Persistent Threats through Centralized Log Analysis

5.1.2 Growing Use of Cloud-Based Log Management Platform

5.2 Market Restraints

5.2.1 Availability of Open-Source Log Management Platform

5.3 Market Opportunities

5.3.1 Rising Surge in Integration of Artificial Intelligence and Machine Learning Technologies

5.4 Future Trends

5.4.1 Rising Spending in the Information and Communications Technology Sector will lead to Future Advancements in Log Management Systems

5.5 Impact Analysis of Drivers and Restraints

6. Log Management Market – Global Market Analysis

6.1 Global Log Management Market Overview

6.2 Global Log Management Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. Log Management Market Analysis – By Component

7.1 Overview

7.2 Log Management Market, By Component (2020 and 2028)

7.3 Solutions

7.3.1 Overview

7.3.2 Solutions: Log Management Market Revenue and Forecast To 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Log Management Market Revenue and Forecast To 2028 (US$ Million)

8. Log Management Market Analysis – By Deployment

8.1 Overview

8.2 Log Management Market, By Deployment (2020 and 2028)

8.3 Cloud Based

8.3.1 Overview

8.3.2 Cloud Based: Log Management Market Revenue and Forecast To 2028 (US$ Million)

8.4 On Premise

8.4.1 Overview

8.4.2 On Premise: Log Management Market Revenue and Forecast To 2028 (US$ Million)

9. Log Management Market Analysis – By Organization Size

9.1 Overview

9.2 Log Management Market, By Organization Size (2020 and 2028)

9.3 Small and Medium-Sized Enterprises

9.3.1 Overview

9.3.2 Small and Medium-Sized Enterprises: Log Management Market Revenue and Forecast To 2028 (US$ Million)

9.4 Large Enterprises

9.4.1 Overview

9.4.2 Large Enterprises: Log Management Market Revenue and Forecast To 2028 (US$ Million)

10. Log Management Market Analysis – By Industry

10.1 Overview

10.2 Log Management Market, By Industry (2020 and 2028)

10.3 IT & TELECOM

10.3.1 Overview

10.3.2 IT & TELECOM: Log Management Market Revenue and Forecast To 2028 (US$ Million)

10.4 BFSI

10.4.1 Overview

10.4.2 BFSI: Log Management Market Revenue and Forecast To 2028 (US$ Million)

10.5 Healthcare

10.5.1 Overview

10.5.2 Healthcare: Log Management Market Revenue and Forecast To 2028 (US$ Million)

10.6 Retail & Ecommerce

10.6.1 Overview

10.6.2 Retail & Ecommerce: Log Management Market Revenue and Forecast To 2028 (US$ Million)

10.7 Education

10.7.1 Overview

10.7.2 Education: Log Management Market Revenue and Forecast To 2028 (US$ Million)

10.8 Others

10.8.1 Overview

10.8.2 Others: Log Management Market Revenue and Forecast To 2028 (US$ Million)

11. Log Management Market – Geographic Analysis

11.1 Overview

11.2 North America: Log Management Market

11.2.1 Overview

11.2.2 North America Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.2.3 North America Log Management Market Breakdown, By Component

11.2.4 North America Log Management Market Breakdown, By Deployment

11.2.5 North America Log Management Market Breakdown, By Organization Size

11.2.6 North America Log Management Market Breakdown, By Industry

11.2.7 North America Log Management Market Breakdown, by Country

11.2.7.1 US Log Management Market, Revenue and Forecast to 2028

11.2.7.1.1 US Log Management Market Breakdown, By Component

11.2.7.1.2 US Log Management Market Breakdown, By Deployment

11.2.7.1.3 US Log Management Market Breakdown, By Organization Size

11.2.7.1.4 US Log Management Market Breakdown, By Industry

11.2.7.2 Canada Log Management Market, Revenue and Forecast to 2028

11.2.7.2.1 Canada Log Management Market Breakdown, By Component

11.2.7.2.2 Canada Log Management Market Breakdown, By Deployment

11.2.7.2.3 Canada Log Management Market Breakdown, By Organization Size

11.2.7.2.4 Canada Log Management Market Breakdown, By Industry

11.2.7.3 Mexico Log Management Market, Revenue and Forecast to 2028

11.2.7.3.1 Mexico Log Management Market Breakdown, By Component

11.2.7.3.2 Mexico Log Management Market Breakdown, By Deployment

11.2.7.3.3 Mexico Log Management Market Breakdown, By Organization Size

11.2.7.3.4 Mexico Log Management Market Breakdown, By Industry

11.3 Europe: Log Management Market

11.3.1 Overview

11.3.2 Europe Log Management Market Revenue and Forecast to 2028 (US$ million)

11.3.3 Europe Log Management Market Breakdown, By Component

11.3.4 Europe Log Management Market Breakdown, By Deployment

11.3.5 Europe Log Management Market Breakdown, By Organization Size

11.3.6 Europe Log Management Market Breakdown, By Industry

11.3.7 Europe Log Management Market Breakdown, by Country

11.3.7.1 Germany Log Management Market, Revenue and Forecast to 2028

11.3.7.1.1 Germany Log Management Market Breakdown, By Component

11.3.7.1.2 Germany Log Management Market Breakdown, By Deployment

11.3.7.1.3 Germany Log Management Market Breakdown, By Organization Size

11.3.7.1.4 Germany Log Management Market Breakdown, By Industry

11.3.7.2 France Log Management Market, Revenue and Forecast to 2028

11.3.7.2.1 France Log Management Market Breakdown, By Component

11.3.7.2.2 France Log Management Market Breakdown, By Deployment

11.3.7.2.3 France Log Management Market Breakdown, By Organization Size

11.3.7.2.4 France Log Management Market Breakdown, By Industry

11.3.7.3 Italy Log Management Market, Revenue and Forecast to 2028

11.3.7.3.1 Italy Log Management Market Breakdown, By Component

11.3.7.3.2 Italy Log Management Market Breakdown, By Deployment

11.3.7.3.3 Italy Log Management Market Breakdown, By Organization Size

11.3.7.3.4 Italy Log Management Market Breakdown, By Industry

11.3.7.4 UK Log Management Market, Revenue and Forecast to 2028

11.3.7.4.1 UK Log Management Market Breakdown, By Component

11.3.7.4.2 UK Log Management Market Breakdown, By Deployment

11.3.7.4.3 UK Log Management Market Breakdown, By Organization Size

11.3.7.4.4 UK Log Management Market Breakdown, By Industry

11.3.7.5 Russia Log Management Market, Revenue and Forecast to 2028

11.3.7.5.1 Russia Log Management Market Breakdown, By Component

11.3.7.5.2 Russia Log Management Market Breakdown, By Deployment

11.3.7.5.3 Russia Log Management Market Breakdown, By Organization Size

11.3.7.5.4 Russia Log Management Market Breakdown, By Industry

11.3.7.6 Rest of Europe Log Management Market, Revenue and Forecast to 2028

11.3.7.6.1 Rest of Europe Log Management Market Breakdown, By Component

11.3.7.6.2 Rest of Europe Log Management Market Breakdown, By Deployment

11.3.7.6.3 Rest of Europe Log Management Market Breakdown, By Organization Size

11.3.7.6.4 Rest of Europe Log Management Market Breakdown, By Industry

11.4 APAC: Log Management Market

11.4.1 Overview

11.4.2 APAC Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.3 APAC Log Management Market Breakdown, By Component

11.4.4 APAC Log Management Market Breakdown, By Deployment

11.4.5 APAC Log Management Market Breakdown, By Organization Size

11.4.6 APAC Log Management Market Breakdown, By Industry

11.4.7 APAC Log Management Market Breakdown, by Country

11.4.7.1 Australia Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.1.1 Australia Log Management Market Breakdown, By Component

11.4.7.1.2 Australia Log Management Market Breakdown, By Deployment

11.4.7.1.3 Australia Log Management Market Breakdown, By Organization Size

11.4.7.1.4 Australia Log Management Market Breakdown, By Industry

11.4.7.2 China Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.2.1 China Log Management Market Breakdown, By Component

11.4.7.2.2 China Log Management Market Breakdown, By Deployment

11.4.7.2.3 China Log Management Market Breakdown, By Organization Size

11.4.7.2.4 China Log Management Market Breakdown, By Industry

11.4.7.3 India Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.3.1 India Log Management Market Breakdown, By Component

11.4.7.3.2 India Log Management Market Breakdown, By Deployment

11.4.7.3.3 India Log Management Market Breakdown, By Organization Size

11.4.7.3.4 India Log Management Market Breakdown, By Industry

11.4.7.4 Japan Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.4.1 Japan Log Management Market Breakdown, By Component

11.4.7.4.2 Japan Log Management Market Breakdown, By Deployment

11.4.7.4.3 Japan Log Management Market Breakdown, By Organization Size

11.4.7.4.4 Japan Log Management Market Breakdown, By Industry

11.4.7.5 South Korea Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.5.1 South Korea Log Management Market Breakdown, By Component

11.4.7.5.2 South Korea Log Management Market Breakdown, By Deployment

11.4.7.5.3 South Korea Log Management Market Breakdown, By Organization Size

11.4.7.5.4 South Korea Log Management Market Breakdown, By Industry

11.4.7.6 Rest of APAC Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.6.1 Rest of APAC Log Management Market Breakdown, By Component

11.4.7.6.2 Rest of APAC Log Management Market Breakdown, By Deployment

11.4.7.6.3 Rest of APAC Log Management Market Breakdown, By Organization Size

11.4.7.6.4 Rest of APAC Log Management Market Breakdown, By Industry

11.5 MEA: Log Management Market

11.5.1 Overview

11.5.2 MEA Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.5.3 MEA Log Management Market Breakdown, By Component

11.5.4 MEA Log Management Market Breakdown, By Deployment

11.5.5 MEA Log Management Market Breakdown, By Organization Size

11.5.6 MEA Log Management Market Breakdown, By Industry

11.5.7 MEA Log Management Market Breakdown, By Country

11.5.7.1 Saudi Arabia Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.1.1 Saudi Arabia Log Management Market Breakdown, By Component

11.5.7.1.2 Saudi Arabia Log Management Market Breakdown, By Deployment

11.5.7.1.3 Saudi Arabia Log Management Market Breakdown, By Organization Size

11.5.7.1.4 Saudi Arabia Log Management Market Breakdown, By Industry

11.5.7.2 UAE Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.2.1 UAE Log Management Market Breakdown, By Component

11.5.7.2.2 UAE Log Management Market Breakdown, By Deployment

11.5.7.2.3 UAE Log Management Market Breakdown, By Organization Size

11.5.7.2.4 UAE Log Management Market Breakdown, By Industry

11.5.7.3 South Africa Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.3.1 South Africa Log Management Market Breakdown, By Component

11.5.7.3.2 South Africa Log Management Market Breakdown, By Deployment

11.5.7.3.3 South Africa Log Management Market Breakdown, By Organization Size

11.5.7.3.4 South Africa Log Management Market Breakdown, By Industry

11.5.7.4 Rest of MEA Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.4.1 Rest of MEA Log Management Market Breakdown, By Component

11.5.7.4.2 Rest of MEA Log Management Market Breakdown, By Deployment

11.5.7.4.3 Rest of MEA Log Management Market Breakdown, By Organization Size

11.5.7.4.4 Rest of MEA Log Management Market Breakdown, By Industry

11.6 SAM: Log Management Market

11.6.1 Overview

11.6.2 SAM Log Management Market, Revenue and Forecast to 2028 (US$ million)

11.6.3 SAM Log Management Market Breakdown, By Component

11.6.4 SAM Log Management Market Breakdown, By Deployment

11.6.5 SAM Log Management Market Breakdown, By Organization Size

11.6.6 SAM Log Management Market Breakdown, By Industry

11.6.7 SAM Log Management Market Breakdown, by Country

11.6.7.1 Brazil Log Management Market, Revenue and Forecast to 2028

11.6.7.1.1 Brazil Log Management Market Breakdown, By Component

11.6.7.1.2 Brazil Log Management Market Breakdown, By Deployment

11.6.7.1.3 Brazil Log Management Market Breakdown, By Organization Size

11.6.7.1.4 Brazil Log Management Market Breakdown, By Industry

11.6.7.2 Argentina Log Management Market, Revenue and Forecast to 2028

11.6.7.2.1 Argentina Log Management Market Breakdown, By Component

11.6.7.2.2 Argentina Log Management Market Breakdown, By Deployment

11.6.7.2.3 Argentina Log Management Market Breakdown, By Organization Size

11.6.7.2.4 Argentina Log Management Market Breakdown, By Industry

11.6.7.3 Rest of SAM Log Management Market, Revenue and Forecast to 2028

11.6.7.3.1 Rest of SAM Log Management Market Breakdown, By Component

11.6.7.3.2 Rest of SAM Log Management Market Breakdown, By Deployment

11.6.7.3.3 Rest of SAM Log Management Market Breakdown, By Organization Size

11.6.7.3.4 Rest of SAM Log Management Market Breakdown, By Industry

12. Impact of COVID-19 Pandemic on Log Management Market

12.1 Overview

12.2 North America: Impact Assessment of COVID-19 Pandemic

12.3 Europe: Impact Assessment of COVID-19 Pandemic

12.4 APAC: Impact Assessment of COVID-19 Pandemic

12.5 MEA: Impact Assessment of COVID-19 Pandemic

12.6 SAM: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Market Initiative

13.2 Merger and Acquisition

13.3 New Development

14. Company Profiles

14.1 Alert Logic

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Cisco Systems, Inc.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 IBM Corporation

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Datadog

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 LogRhythm, Inc.

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Splunk, Inc.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 ManageEngine

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 SolarWinds Worldwide, LLC

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Sematext Group Inc.

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 AT&T Inc

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Glossary

LIST OF TABLES

Table 1. Global Log Management Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2. North America Log Management Market, Revenue and Forecast To 2028 – By Component (US$ million)

Table 3. North America Log Management Market, Revenue and Forecast To 2028 – By Deployment (US$ million)

Table 4. North America Log Management Market, Revenue and Forecast To 2028 – By Organization Size (US$ million)

Table 5. North America Log Management Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 6. North America Log Management Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 7. US Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 8. US Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 9. US Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 10. US Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 11. Canada Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 12. Canada Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 13. Canada Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 14. Canada Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 15. Mexico Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 16. Mexico Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 17. Mexico Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 18. Mexico Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 19. Europe Log Management Market, Revenue and Forecast To 2028 – By Component (US$ million)

Table 20. Europe Log Management Market, Revenue and Forecast To 2028 – By Deployment (US$ million)

Table 21. Europe Log Management Market, Revenue and Forecast To 2028 – By Organization Size (US$ million)

Table 22. Europe Log Management Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 23. Europe Log Management Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 24. Germany Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 25. Germany Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 26. Germany Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 27. Germany Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 28. France Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 29. France Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 30. France Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 31. France Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 32. Italy Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 33. Italy Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 34. Italy Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 35. Italy Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 36. UK Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 37. UK Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 38. UK Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 39. UK Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 40. Russia Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 41. Russia Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 42. Russia Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 43. Russia Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 44. Rest of Europe Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 45. Rest of Europe Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 46. Rest of Europe Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 47. Rest of Europe Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 48. APAC Log Management Market, Revenue and Forecast To 2028 – By Component (US$ million)

Table 49. APAC Log Management Market, Revenue and Forecast To 2028 – By Deployment (US$ million)

Table 50. APAC Log Management Market, Revenue and Forecast To 2028 – By Organization Size (US$ million)

Table 51. APAC Log Management Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 52. APAC Log Management Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 53. Australia Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 54. Australia Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 55. Australia Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 56. Australia Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 57. China Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 58. China Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 59. China Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 60. China Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 61. India Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 62. India Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 63. India Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 64. India Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 65. Japan Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 66. Japan Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 67. Japan Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 68. Japan Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 69. South Korea Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 70. South Korea Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 71. South Korea Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 72. South Korea Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 73. Rest of APAC Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 74. Rest of APAC Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 75. Rest of APAC Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 76. Rest of APAC Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 77. MEA Log Management Market, Revenue and Forecast To 2028 – By Component (US$ million)

Table 78. MEA Log Management Market, Revenue and Forecast To 2028 – By Deployment (US$ million)

Table 79. MEA Log Management Market, Revenue and Forecast To 2028 – By Organization Size (US$ million)

Table 80. MEA Log Management Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 81. MEA Log Management Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 82. Saudi Arabia Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 83. Saudi Arabia Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 84. Saudi Arabia Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 85. Saudi Arabia Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 86. UAE Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 87. UAE Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 88. UAE Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 89. UAE Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 90. South Africa Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 91. South Africa Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 92. South Africa Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 93. South Africa Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 94. Rest of MEA Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 95. Rest of MEA Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 96. Rest of MEA Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 97. Rest of MEA Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 98. SAM Log Management Market, Revenue and Forecast To 2028 – By Component (US$ million)

Table 99. SAM Log Management Market, Revenue and Forecast To 2028 – By Deployment (US$ million)

Table 100. SAM Log Management Market, Revenue and Forecast To 2028 – By Organization Size (US$ million)

Table 101. SAM Log Management Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 102. SAM Log Management Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 103. Brazil Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 104. Brazil Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 105. Brazil Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 106. Brazil Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 107. Argentina Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 108. Argentina Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 109. Argentina Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 110. Argentina Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 111. Rest of SAM Log Management Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 112. Rest of SAM Log Management Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 113. Rest of SAM Log Management Market, Revenue and Forecast to 2028 – By Organization Size (US$ million)

Table 114. Rest of SAM Log Management Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 115. Glossary of Terms, Log Management Market

LIST OF FIGURES

Figure 1. Log Management Market Segmentation

Figure 2. Log Management Market Segmentation – Geography

Figure 3. Log Management Market Overview

Figure 4. Log Management Market, By Component

Figure 5. Log Management Market, By Deployment

Figure 6. Log Management Market, By Organization Size

Figure 7. Log Management Market, By Industry

Figure 8. Log Management Market, By Geography

Figure 9. North America: PEST Analysis

Figure 10. Europe: PEST Analysis

Figure 11. APAC: PEST Analysis

Figure 12. MEA: PEST Analysis

Figure 13. SAM: PEST Analysis

Figure 14. Log Management Market Ecosystem Analysis

Figure 15. Expert Opinion

Figure 16. Log Management Market Impact Analysis of Drivers and Restraints

Figure 17. Global Log Management Market

Figure 18. Global Log Management Market, Forecast and Analysis (US$ Mn)

Figure 19. Market Positioning- Top Five Players

Figure 20. Log Management Market, By Component (2020 and 2028)

Figure 21. Solutions: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Services: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Log Management Market, By Deployment (2020 and 2028)

Figure 24. Cloud Based: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. On Premise: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. Log Management Market, By Organization Size (2020 and 2028)

Figure 27. Small and Medium-Sized Enterprises: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Large Enterprises: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. Log Management Market, By Industry (2020 and 2028)

Figure 30. IT & TELECOM: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. BFSI: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Healthcare: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 33. Retail & Ecommerce: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 34. Education: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 35. Others: Log Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 36. Global Log Management Market Breakdown, by Region, 2020 & 2028 (%)

Figure 37. North America Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 38. North America Log Management Market Breakdown, By Component, 2020 & 2028 (%)

Figure 39. North America Log Management Market Breakdown, By Deployment, 2020 & 2028 (%)

Figure 40. North America Log Management Market Breakdown, By Organization Size, 2020 & 2028 (%)

Figure 41. North America Log Management Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 42. North America Log Management Market Breakdown, by Country, 2020 & 2028 (%)

Figure 43. US Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 44. Canada Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 45. Mexico Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 46. Europe Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 47. Europe Log Management Market Breakdown, By Component, 2020 & 2028 (%)

Figure 48. Europe Log Management Market Breakdown, By Deployment, 2020 & 2028 (%)

Figure 49. Europe Log Management Market Breakdown, By Organization Size, 2020 & 2028 (%)

Figure 50. Europe Log Management Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 51. Europe Log Management Market Breakdown, by Country, 2018 & 2027(%)

Figure 52. Germany Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 53. France Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 54. Italy Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 55. UK Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 56. Russia Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 57. Rest of Europe Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 58. APAC Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 59. APAC Log Management Market Breakdown, By Component, 2020 & 2028 (%)

Figure 60. APAC Log Management Market Breakdown, By Deployment, 2020 & 2028 (%)

Figure 61. APAC Log Management Market Breakdown, By Organization Size, 2020 & 2028 (%)

Figure 62. APAC Log Management Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 63. APAC Log Management Market Breakdown, by Country, 2020 & 2028 (%)

Figure 64. Australia Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 65. China Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 66. India Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 67. Japan Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 68. South Korea Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 69. Rest of APAC Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 70. MEA Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 71. MEA Log Management Market Breakdown, By Component, 2020 & 2028 (%)

Figure 72. MEA Log Management Market Breakdown, By Deployment, 2020 & 2028 (%)

Figure 73. MEA Log Management Market Breakdown, By Organization Size, 2020 & 2028 (%)

Figure 74. MEA Log Management Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 75. MEA Log Management Market Breakdown, By Country, 2020 & 2028 (%)

Figure 76. Saudi Arabia Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 77. UAE Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 78. South Africa Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 79. Rest of MEA Log Management Market, Revenue and Forecast To 2028 (US$ million)

Figure 80. SAM Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 81. SAM Log Management Market Breakdown, By Component, 2020 & 2028 (%)

Figure 82. SAM Log Management Market Breakdown, By Deployment, 2020 & 2028 (%)

Figure 83. SAM Log Management Market Breakdown, By Organization Size, 2020 & 2028 (%)

Figure 84. SAM Log Management Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 85. SAM Log Management Market Breakdown, by Country, 2020 & 2028 (%)

Figure 86. Brazil Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 87. Argentina Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 88. Rest of SAM Log Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 89. Impact of COVID-19 Pandemic in North American Country Markets

Figure 90. Impact of COVID-19 Pandemic in European Country Markets

Figure 91. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 92. Impact of COVID-19 Pandemic in MEA Country Markets

Figure 93. Impact of COVID-19 Pandemic in SAM Country Markets

The List of Companies - Log Management Market

  1. Alert Logic
  2. Cisco Systems, Inc.                 
  3. IBM Corporation          
  4. Datadog                  
  5. LogRhythm, Inc.     
  6. Splunk, Inc.
  7. ManageEngine               
  8. SolarWinds Worldwide, LLC           
  9. Sematext Group Inc.
  10. AT&T Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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