IT Operation Analytics Market Demand,
Industry Size, Top Players, Opportunities,
Sales, Revenue and Regional Forecast To
Global IT operation analytics Market Research Report: By Technology (Visual
Analytics, Machine-Based Learning, Predictive Analytics, User-Behavior
Analytics, Root-Cause Analytics), Organization Size, by Deployment,
Application, Vertical – Forecast till 2027
IT operation analytics assists in improving operations by gathering data from various processes for
predicting potential issues and enhancing decision-making. It allows clients in focusing their efforts and
reducing the time to solve problems. The global IT operation analytics market report by Market
Research Future (MRFR) comprises drivers, challenges, opportunities, and trends for the period of
2017 to 2023 (forecast period). The sudden outbreak of the COVID-19 virus and its impact on the
industry are noted in the report.
The global IT operation analytics market is expected to grow at a CAGR of approximately 39% during
the forecast period.
The large data accumulated owing to internet of things based devices, data management strategies,
need for process control and optimization, and focus on gaining the edge in the competition are major
drivers of the market. The large role of operational analytics in reducing the mean time to repair
(MTTR) by 70% and improving business productivity can drive the market demand significantly.
Operational analytics can focus their efforts in pinpointing the problem and solving it at a rapid pace.
The trends of bring-your-own-devices (BYOD) and internet of things (IoT) and consulting services by
professionals owing to IT operational analytics among large organizations can bode well for the market.
The global market size can touch USD 26 billion by 2027 owing to being employed by organizations for
measuring key performance metrics. The data can be used in predicting future events and creating
strategies for overcoming obstacles into opportunities.
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