The North America Observability Tools and Platforms Market would witness market growth of 10.9% CAGR during the forecast period (2023-2030).
Observability is a method for gaining an understanding of the entire infrastructure on which the operations team is highly dependent. It involves assembling all the log and monitoring tool components and arranging them to ensure they provide actionable knowledge of the entire environment, leading to insight. It combines several elements to produce an in-depth understanding of the actual situation of health, genuine problems, and what needs to be done to enhance the environment and solve problems from their sources.
Observability improves user experience, reduces the need for debugging in a production setting, and aids in understanding what is happening in the field. It facilitates enhancing data and accelerates information transmission. Developers utilizing tracing can better comprehend how each day's work maintains and enhances the overall application and infrastructure.
A key factor boosting the market's expansion is the development of small to large-scale businesses' reliance on cloud-based solutions for service virtualization, containerization, and other uses. This market is growing due to decreased setup and maintenance costs for process automation, high demand for automated business process adoption, and increased operational performance across numerous industrial verticals.
The demand in North America has been on the rise due to several factors. North American businesses have been undergoing digital transformation initiatives to remain competitive. This shift to digital operations has increased the complexity of IT environments, making observability tools crucial for monitoring and optimizing digital systems. The U.S. Department of Homeland Security’s Cybersecurity Information Sharing Program enables firms to exchange information on cyber threats via data mining tools, such as suspicious activities. In addition, it describes how organizations should react if they detect an attack or network breach. Ultimately, these factors are anticipated to strengthen the regional market.
The US market dominated the North America Observability Tools and Platforms Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 billion by 2030. The Canada market is poised to grow at a CAGR of 13.4% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 12.5% during (2023 - 2030).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into Public Cloud and Private Cloud. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Healthcare, Government & Public Sector, Energy & Utilities, Retail & Consumer Goods, Education and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Observability Tools and Platforms Market is Projected to reach USD 5.1 Billion by 2030, at a CAGR of 12.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include AppDynamics, Dynatrace, Inc., Splunk, Inc., Logic Monitor, Inc., SolarWinds Corporation, Datadog, Inc., ScienceLogic, Inc., Auvik Networks Inc., New Relic, Inc., and GitLab Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Deployment Type
- Public Cloud
- Private Cloud
By Vertical
- BFSI
- Telecom & IT
- Healthcare
- Government & Public Sector
- Energy & Utilities
- Retail & Consumer Goods
- Education
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AppDynamics
- Dynatrace, Inc.
- Splunk, Inc.
- Logic Monitor, Inc.
- SolarWinds Corporation
- Datadog, Inc.
- ScienceLogic, Inc.
- Auvik Networks Inc.
- New Relic, Inc.
- GitLab Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Observability Tools and Platforms Market, by Component
1.4.2 North America Observability Tools and Platforms Market, by Deployment Type
1.4.3 North America Observability Tools and Platforms Market, by Vertical
1.4.4 North America Observability Tools and Platforms Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2020, Oct – 2023, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Observability Tools and Platforms Market by Component
5.1 North America Solution Market by Country
5.2 North America Services Market by Country
Chapter 6. North America Observability Tools and Platforms Market by Deployment Type
6.1 North America Public Cloud Market by Country
6.2 North America Private Cloud Market by Country
Chapter 7. North America Observability Tools and Platforms Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America Telecom & IT Market by Country
7.3 North America Healthcare Market by Country
7.4 North America Government & Public Sector Market by Country
7.5 North America Energy & Utilities Market by Country
7.6 North America Retail & Consumer Goods Market by Country
7.7 North America Education Market by Country
7.8 North America Others Market by Country
Chapter 8. North America Observability Tools and Platforms Market by Country
8.1 US Observability Tools and Platforms Market
8.1.1 US Observability Tools and Platforms Market by Component
8.1.2 US Observability Tools and Platforms Market by Deployment Type
8.1.3 US Observability Tools and Platforms Market by Vertical
8.2 Canada Observability Tools and Platforms Market
8.2.1 Canada Observability Tools and Platforms Market by Component
8.2.2 Canada Observability Tools and Platforms Market by Deployment Type
8.2.3 Canada Observability Tools and Platforms Market by Vertical
8.3 Mexico Observability Tools and Platforms Market
8.3.1 Mexico Observability Tools and Platforms Market by Component
8.3.2 Mexico Observability Tools and Platforms Market by Deployment Type
8.3.3 Mexico Observability Tools and Platforms Market by Vertical
8.4 Rest of North America Observability Tools and Platforms Market
8.4.1 Rest of North America Observability Tools and Platforms Market by Component
8.4.2 Rest of North America Observability Tools and Platforms Market by Deployment Type
8.4.3 Rest of North America Observability Tools and Platforms Market by Vertical
Chapter 9. Company Profiles
9.1 AppDynamics (Cisco Systems, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis:
9.2 Dynatrace, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis:
9.3 Splunk, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.4 Logic Monitor, Inc.
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Acquisition and Mergers:
9.4.3 SWOT Analysis:
9.5 SolarWinds Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research and Development Expenses
9.5.5 SWOT Analysis:
9.6 Datadog, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis:
9.7 ScienceLogic, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Acquisition and Mergers:
9.7.3 SWOT Analysis:
9.8 Auvik Networks, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Acquisition and Mergers:
9.8.3 SWOT Analysis:
9.9 New Relic, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis:
9.10. GitLab Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
9.10.6 SWOT Analysis:
TABLE 1 North America Observability Tools and Platforms Market, 2019 - 2022, USD Million
TABLE 2 North America Observability Tools and Platforms Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Observability Tools and Platforms Market
TABLE 4 Product Launches And Product Expansions– Observability Tools and Platforms Market
TABLE 5 Acquisition and Mergers– Observability Tools and Platforms Market
TABLE 6 North America Observability Tools and Platforms Market by Component, 2019 - 2022, USD Million
TABLE 7 North America Observability Tools and Platforms Market by Component, 2023 - 2030, USD Million
TABLE 8 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Solution Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Observability Tools and Platforms Market by Deployment Type, 2019 - 2022, USD Million
TABLE 13 North America Observability Tools and Platforms Market by Deployment Type, 2023 - 2030, USD Million
TABLE 14 North America Public Cloud Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Public Cloud Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Private Cloud Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Private Cloud Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Observability Tools and Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 19 North America Observability Tools and Platforms Market by Vertical, 2023 - 2030, USD Million
TABLE 20 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 21 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Telecom & IT Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Telecom & IT Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Government & Public Sector Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Government & Public Sector Market by Country, 2023 - 2030, USD Million
TABLE 28 North America Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Retail & Consumer Goods Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Retail & Consumer Goods Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Education Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Education Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Observability Tools and Platforms Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Observability Tools and Platforms Market by Country, 2023 - 2030, USD Million
TABLE 38 US Observability Tools and Platforms Market, 2019 - 2022, USD Million
TABLE 39 US Observability Tools and Platforms Market, 2023 - 2030, USD Million
TABLE 40 US Observability Tools and Platforms Market by Component, 2019 - 2022, USD Million
TABLE 41 US Observability Tools and Platforms Market by Component, 2023 - 2030, USD Million
TABLE 42 US Observability Tools and Platforms Market by Deployment Type, 2019 - 2022, USD Million
TABLE 43 US Observability Tools and Platforms Market by Deployment Type, 2023 - 2030, USD Million
TABLE 44 US Observability Tools and Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 45 US Observability Tools and Platforms Market by Vertical, 2023 - 2030, USD Million
TABLE 46 Canada Observability Tools and Platforms Market, 2019 - 2022, USD Million
TABLE 47 Canada Observability Tools and Platforms Market, 2023 - 2030, USD Million
TABLE 48 Canada Observability Tools and Platforms Market by Component, 2019 - 2022, USD Million
TABLE 49 Canada Observability Tools and Platforms Market by Component, 2023 - 2030, USD Million
TABLE 50 Canada Observability Tools and Platforms Market by Deployment Type, 2019 - 2022, USD Million
TABLE 51 Canada Observability Tools and Platforms Market by Deployment Type, 2023 - 2030, USD Million
TABLE 52 Canada Observability Tools and Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 53 Canada Observability Tools and Platforms Market by Vertical, 2023 - 2030, USD Million
TABLE 54 Mexico Observability Tools and Platforms Market, 2019 - 2022, USD Million
TABLE 55 Mexico Observability Tools and Platforms Market, 2023 - 2030, USD Million
TABLE 56 Mexico Observability Tools and Platforms Market by Component, 2019 - 2022, USD Million
TABLE 57 Mexico Observability Tools and Platforms Market by Component, 2023 - 2030, USD Million
TABLE 58 Mexico Observability Tools and Platforms Market by Deployment Type, 2019 - 2022, USD Million
TABLE 59 Mexico Observability Tools and Platforms Market by Deployment Type, 2023 - 2030, USD Million
TABLE 60 Mexico Observability Tools and Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 61 Mexico Observability Tools and Platforms Market by Vertical, 2023 - 2030, USD Million
TABLE 62 Rest of North America Observability Tools and Platforms Market, 2019 - 2022, USD Million
TABLE 63 Rest of North America Observability Tools and Platforms Market, 2023 - 2030, USD Million
TABLE 64 Rest of North America Observability Tools and Platforms Market by Component, 2019 - 2022, USD Million
TABLE 65 Rest of North America Observability Tools and Platforms Market by Component, 2023 - 2030, USD Million
TABLE 66 Rest of North America Observability Tools and Platforms Market by Deployment Type, 2019 - 2022, USD Million
TABLE 67 Rest of North America Observability Tools and Platforms Market by Deployment Type, 2023 - 2030, USD Million
TABLE 68 Rest of North America Observability Tools and Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 69 Rest of North America Observability Tools and Platforms Market by Vertical, 2023 - 2030, USD Million
TABLE 70 Key information – AppDynamics
TABLE 71 Key Information – Dynatrace, Inc.
TABLE 72 Key Information – Splunk, Inc.
TABLE 73 Key Information – Logic Monitor, Inc.
TABLE 74 key information – SolarWinds Corporation
TABLE 75 Key Information – Datadog Cloud Monitoring
TABLE 76 Key Information – ScienceLogic, Inc.
TABLE 77 Key Information – Auvik Networks, Inc.
TABLE 78 Key Information – New Relic, Inc.
TABLE 79 Key Information – GitLab Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Observability Tools and Platforms Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Observability Tools and Platforms Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Mergers & Acquisition: 2020, Oct – 2023, Feb) Leading Players
FIG 8 Porter’s Five Forces Analysis – Observability Tools and Platforms Market
FIG 9 North America Observability Tools and Platforms Market share by Component, 2022
FIG 10 North America Observability Tools and Platforms Market share by Component, 2030
FIG 11 North America Observability Tools and Platforms Market by Component, 2019 - 2030, USD Million
FIG 12 North America Observability Tools and Platforms Market share by Deployment Type, 2022
FIG 13 North America Observability Tools and Platforms Market share by Deployment Type, 2030
FIG 14 North America Observability Tools and Platforms Market by Deployment Type, 2019 - 2030, USD Million
FIG 15 North America Observability Tools and Platforms Market share by Vertical, 2022
FIG 16 North America Observability Tools and Platforms Market share by Vertical, 2030
FIG 17 North America Observability Tools and Platforms Market by Vertical, 2019 - 2030, USD Million
FIG 18 North America Observability Tools and Platforms Market share by Country, 2022
FIG 19 North America Observability Tools and Platforms Market share by Country, 2030
FIG 20 North America Observability Tools and Platforms Market by Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: AppDynamics
FIG 22 Recent strategies and developments: Dynatrace, Inc.
FIG 23 SWOT Analysis: Dynatrace, Inc.
FIG 24 Recent strategies and developments: Splunk, Inc.
FIG 25 SWOT Analysis: Logic Monitor, Inc.
FIG 26 SWOT Analysis: SolarWinds Corporation
FIG 27 Recent strategies and developments: Datadog, Inc.
FIG 28 SWOT Analysis: Datadog, Inc.
FIG 29 SWOT Analysis: ScienceLogic, Inc.
FIG 30 SWOT Analysis: Auvik Networks, Inc.
FIG 31 Recent strategies and developments: New Relic, Inc.
FIG 32 SWOT Analysis: New Relic, Inc.
FIG 33 SWOT Analysis: GitLab Inc.