The North America Cloud Monitoring Market is expected to witness market growth of 20.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud Monitoring Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.10 billion by 2031. The Canada market is experiencing a CAGR of 21.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 21.4% during 2024-2031.
This is a process that involves monitoring, evaluation, and management of the operational workflow and processes within a cloud-based IT infrastructure. It involves continuously observing cloud resources, applications, and services to ensure they perform optimally, securely, and efficiently.
They allows businesses to gain visibility into their cloud systems - whether hosted on Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), or any other cloud service provider. It helps IT teams to track system health, measure performance, and respond to incidents quickly, ensuring smooth and reliable operations.
The country drives the healthcare sector's demand for these monitoring solutions in Mexico as it modernizes its healthcare system and protects patient data. The Mexican government has prioritized digital health initiatives, including regulations to improve data privacy and protection across healthcare institutions. According to Mexico's Ministry of Health, the healthcare sector generates substantial data annually, encompassing everything from electronic health records (EHRs) to telemedicine data. This surge in digital health records has created an urgent need for these monitoring systems that ensure data integrity, compliance, and continuous performance monitoring of critical applications and patient databases. New laws require healthcare providers to maintain digital backups and enforce stringent monitoring of medical records to prevent unauthorized access and data loss. Consequently, the region presents lucrative growth opportunities for the cloud monitoring market throughout the forecast period.
The US market dominated the North America Cloud Monitoring Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.10 billion by 2031. The Canada market is experiencing a CAGR of 21.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 21.4% during 2024-2031.
This is a process that involves monitoring, evaluation, and management of the operational workflow and processes within a cloud-based IT infrastructure. It involves continuously observing cloud resources, applications, and services to ensure they perform optimally, securely, and efficiently.
They allows businesses to gain visibility into their cloud systems - whether hosted on Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), or any other cloud service provider. It helps IT teams to track system health, measure performance, and respond to incidents quickly, ensuring smooth and reliable operations.
The country drives the healthcare sector's demand for these monitoring solutions in Mexico as it modernizes its healthcare system and protects patient data. The Mexican government has prioritized digital health initiatives, including regulations to improve data privacy and protection across healthcare institutions. According to Mexico's Ministry of Health, the healthcare sector generates substantial data annually, encompassing everything from electronic health records (EHRs) to telemedicine data. This surge in digital health records has created an urgent need for these monitoring systems that ensure data integrity, compliance, and continuous performance monitoring of critical applications and patient databases. New laws require healthcare providers to maintain digital backups and enforce stringent monitoring of medical records to prevent unauthorized access and data loss. Consequently, the region presents lucrative growth opportunities for the cloud monitoring market throughout the forecast period.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- IBM Corporation
- Oracle Corporation
- LogicMonitor, Inc.
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Datadog, Inc.
- Broadcom, Inc. (CA Technologies, Inc.)
- IDERA, Inc.
Market Report Segmentation
By Enterprise Size
- SMEs
- Large Enterprises
By Service Model
- SaaS
- IaaS
- PaaS
- Other Service Model
By Industry Vertical
- IT & Telecom
- BFSI
- Retail & Consumer Goods
- Healthcare
- Government
- Manufacturing
- Other Industry Vertical
By Type
- Cloud Storage Monitoring
- Website Monitoring
- Database Monitoring
- Virtual Network Monitoring
- Virtual Machine Monitoring
- Other Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Cloud Monitoring Market by Enterprise Size
Chapter 6. North America Cloud Monitoring Market by Service Model
Chapter 7. North America Cloud Monitoring Market by Industry Vertical
Chapter 8. North America Cloud Monitoring Market by Type
Chapter 9. North America Cloud Monitoring Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- IBM Corporation
- Oracle Corporation
- LogicMonitor, Inc.
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Datadog, Inc.
- Broadcom, Inc. (CA Technologies, Inc.)
- IDERA, Inc.
Methodology
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