Global Observability Tools And Platforms Market Size & Outlook
The global observability tools and platforms market size was estimated at USD 2,708.1 million in 2023 and is projected to reach USD 5,397.3 million by 2030, growing at a CAGR of 10.7% from 2024 to 2030.
Revenue, 2023 (US$M)
$2,708.1
Forecast, 2030 (US$M)
$5,397.3
CAGR, 2024 - 2030
10.7%
Report Coverage
Worldwide
Global observability tools and platforms market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 2,708.1 million |
| Market revenue in 2030 | USD 5,397.3 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Solutions |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions |
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
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 |
|---|---|---|---|---|
| Splunk | View profile | 5001-10000 | San Francisco, California, United States, North America | https://www.splunk.com |
| Riverbed Technology | View profile | 1001-5000 | San Francisco, California, United States, North America | https://www.riverbed.com |
| Dynatrace Inc Ordinary Shares | View profile | 4700 | 1601 Trapelo Road, Suite 116, Waltham, MA, United States, 02451 | https://www.dynatrace.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Global observability tools and platforms market size, by regions, 2018-2030 (US$M)
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