Middle East & Africa Observability Tools And Platforms Market Size & Outlook
The observability tools and platforms market in Middle East & Africa is expected to reach a projected revenue of US$ 365.4 million by 2030. A compound annual growth rate of 12.5% is expected of Middle East & Africa observability tools and platforms market from 2024 to 2030.
Revenue, 2023 (US$M)
$160.8
Forecast, 2030 (US$M)
$365.4
CAGR, 2024 - 2030
12.5%
Report Coverage
Middle East & Africa
Related Markets
MEA observability tools and platforms market highlights
- The MEA observability tools and platforms market generated a revenue of USD 160.8 million in 2023.
- The market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, solutions was the largest revenue generating component in 2023.
- Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 160.8 million |
| Market revenue in 2030 | USD 365.4 million |
| Growth rate | 12.4% (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 |
| Key market players worldwide | Broadcom Inc, Dynatrace Inc Ordinary Shares, International Business Machines Corp, Microsoft Corp, Riverbed Technology, Splunk |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.9% of the global observability tools and platforms market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,426.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
