Global Observability Tools And Platforms Market Size & Outlook

The observability tools and platforms industry worldwide is expected to reach a projected revenue of US$ 5,397.3 million by 2030. A compound annual growth rate of 10.4% is expected of the worldwide observability tools and platforms industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,708.1
Forecast, 2030 (US$M)
$5,397.3
CAGR, 2024 - 2030
10.4%
Report Coverage
Worldwide

Global observability tools and platforms market, 2018-2030 (US$M)

Global observability tools and platforms market highlights

  • The global observability tools and platforms market generated a revenue of USD 2,708.1 million in 2023 and is expected to reach USD 5,397.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10.4% by 2030.
  • In terms of segment, solutions accounted for a revenue of USD 2,708.1 million in 2023.
  • Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 2,708.1 million
Market revenue in 2030USD 5,397.3 million
Growth rate10.4% (CAGR from 2023 to 2030)
Largest segmentSolutions
Fastest growing segmentSolutions
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolutions


Other key industry trends

  • In terms of revenue, the North America accounted for 38.9% of the global observability tools and platforms market in 2023.

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Observability Tools and Platforms Market Scope

Observability tools and platforms market segmentation & scope
Services
Deployment
Cloud
On-premises
Vertical
Manufacturing
Retail & E-commerce
Government & Public Sector
IT & Telecommunications
Healthcare & Life Sciences
BFSI
Other Vertical
Enterprise Size
Large Enterprises
SMEs
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Observability Tools and Platforms Market Companies

Name Profile # Employees HQ Website

Global observability tools and platforms market size, by regions, 2018-2030 (US$M)

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