Log management market size to grow by USD 2,138.85 million from 2022 to 2027, North America to account for 35% of market growth - Technavio

NEW YORK, May 2, 2023 /PRNewswire/ -- The global log management market size is estimated to grow by USD 2,138.85 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 12.63% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 35% of the growth of the global market during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/active/niche/trivial - Buy the report!

Log management market - Segmentation assessment
Segment overview
Technavio has segmented the market based on component (solution and services), deployment (on-premises and cloud-based), and geography (North America, APAC, Europe, South America, and Middle East and Africa). 

• The solution segment will account for a significant share of market growth during the forecast period. Log management solutions enable the creation of a single point of access for all crucial network and application data. This is done by collecting, organizing, and storing log data and event logs from various sources in a centralized location. Log management solutions are used to manage application logs, security logs, and system logs for various types of events, such as alerts. Therefore, the advantages of log management solutions are expected to boost the growth of the solution segment during the forecast period.

Geography overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global log management market.

• The growth of the log management market in North America is supported by strategic alliances by vendors to expand their market reach and customer base and gain a competitive edge. Log management solution providers are investing in joint ventures and acquisitions to capture a major share of the global market and expand to new regions. In addition, log management solutions are used by industries such as IT and BFSI to counter the increasing number of cyberattacks. These factors are expected to drive the growth of the global log management market during the forecast period.

Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a sample report

Log management market – Market dynamics
Key factor driving market growth

• The growing demand from the IT sector is driving the growth of the global log management market.
• Advanced log management systems and tools are used to automate key steps in data collection, formatting, and analysis processes.
• Moreover, a centralized log management solution enhances an organization's security capabilities.
• Organizations can respond to issues more quickly, as data is stored in a central location.
• Such factors are expected to fuel the growth of the global log management market over the forecast period.

Leading trends influencing the market 

• The integration of the latest technology into log management is a leading trend in the market.
• With the advent of advanced technologies such as IoT, massive amounts of distributed log data are being generated by each device.
• The application of machine learning to log analytics can help organizations capture more logs and use more data to develop algorithms.
• The use of automation and AI in log analysis is also becoming popular among businesses to analyze logs automatically, locate the source of issues, and highlight anomalies.
• Thus, the integration of technologies such as predictive analytics, AI, and ML into log management is expected to support the growth of the market during the forecast period.

Major challenges hindering the market growth

• The high deployment cost of log management solutions is challenging market growth.
• The total installation cost of these solutions includes the cost of software licensing, system designing and customization, implementation, training, and maintenance.
• Organizations have to recruit expert IT staff to implement log management solutions, which incurs additional costs.
• Moreover, the existing employees have to be trained on the functioning of cybersecurity solutions.
• The implementation of a log management solution also entails additional hidden costs, such as the costs involved in providing knowledge, experience, and skill development.
• Therefore, the high cost of implementing in-house log management solutions is hindering the growth of the market.

Apart from the growing demand for smart factories and IIoT, many other drivers are
shaping the future of the market. Request a sample report!

What are the key data covered in this log management market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the log management market between 2023 and 2027
• Precise estimation of the size of the log management market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the log management market across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of log management market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global log management market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global log management market 2017 - 2021 ($ million)

• 4.2 Component Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)

• 4.3 Deployment Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

• 6.1 Market segments
• Exhibit 30: Chart on Component - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Component - Market share 2022-2027 (%)

• 6.2 Comparison by Component 
• Exhibit 32: Chart on Comparison by Component
• Exhibit 33: Data Table on Comparison by Component

• 6.3 Solution - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Solution - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Solution - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Solution - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Solution - Year-over-year growth 2022-2027 (%)

• 6.4 Services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Component 
• Exhibit 42: Market opportunity by Component ($ million)

7 Market Segmentation by Deployment

• 7.1 Market segments
• Exhibit 43: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Deployment - Market share 2022-2027 (%)

• 7.2 Comparison by Deployment 
• Exhibit 45: Chart on Comparison by Deployment
• Exhibit 46: Data Table on Comparison by Deployment

• 7.3 On-premises - Market size and forecast 2022-2027 
• Exhibit 47: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on On-premises - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on On-premises - Year-over-year growth 2022-2027 (%)

• 7.4 Cloud-based - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Deployment 
• Exhibit 55: Market opportunity by Deployment ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027 
• Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Alert Logic Inc.
• Exhibit 108: Alert Logic Inc. - Overview
• Exhibit 109: Alert Logic Inc. - Product / Service
• Exhibit 110: Alert Logic Inc. - Key offerings

• 12.4 AT and T Inc.
• Exhibit 111: AT and T Inc. - Overview
• Exhibit 112: AT and T Inc. - Business segments
• Exhibit 113: AT and T Inc. - Key news
• Exhibit 114: AT and T Inc. - Key offerings
• Exhibit 115: AT and T Inc. - Segment focus

• 12.5 Cisco Systems Inc.
• Exhibit 116: Cisco Systems Inc. - Overview
• Exhibit 117: Cisco Systems Inc. - Business segments
• Exhibit 118: Cisco Systems Inc. - Key news
• Exhibit 119: Cisco Systems Inc. - Key offerings
• Exhibit 120: Cisco Systems Inc. - Segment focus

• 12.6 Graylog
• Exhibit 121: Graylog - Overview
• Exhibit 122: Graylog - Product / Service
• Exhibit 123: Graylog - Key offerings

• 12.7 Intel Corp.
• Exhibit 124: Intel Corp. - Overview
• Exhibit 125: Intel Corp. - Business segments
• Exhibit 126: Intel Corp. - Key news
• Exhibit 127: Intel Corp. - Key offerings
• Exhibit 128: Intel Corp. - Segment focus

• 12.8 International Business Machines Corp. 
• Exhibit 129: International Business Machines Corp. - Overview
• Exhibit 130: International Business Machines Corp. - Business segments
• Exhibit 131: International Business Machines Corp. - Key offerings
• Exhibit 132: International Business Machines Corp. - Segment focus

• 12.9 LogRhythm Inc.
• Exhibit 133: LogRhythm Inc. - Overview
• Exhibit 134: LogRhythm Inc. - Product / Service
• Exhibit 135: LogRhythm Inc. - Key offerings

• 12.10 McAfee LLC
• Exhibit 136: McAfee LLC - Overview
• Exhibit 137: McAfee LLC - Product / Service
• Exhibit 138: McAfee LLC - Key news
• Exhibit 139: McAfee LLC - Key offerings

• 12.11 Micro Focus International Plc 
• Exhibit 140: Micro Focus International Plc - Overview
• Exhibit 141: Micro Focus International Plc - Product / Service
• Exhibit 142: Micro Focus International Plc - Key news
• Exhibit 143: Micro Focus International Plc - Key offerings

• 12.12 Rapid7 Inc.
• Exhibit 144: Rapid7 Inc. - Overview
• Exhibit 145: Rapid7 Inc. - Business segments
• Exhibit 146: Rapid7 Inc. - Key offerings
• Exhibit 147: Rapid7 Inc. - Segment focus

• 12.13 Sematext Group Inc.
• Exhibit 148: Sematext Group Inc. - Overview
• Exhibit 149: Sematext Group Inc. - Product / Service
• Exhibit 150: Sematext Group Inc. - Key offerings

• 12.14 SolarWinds Corp.
• Exhibit 151: SolarWinds Corp. - Overview
• Exhibit 152: SolarWinds Corp. - Product / Service
• Exhibit 153: SolarWinds Corp. - Key offerings

• 12.15 Splunk Inc.
• Exhibit 154: Splunk Inc. - Overview
• Exhibit 155: Splunk Inc. - Product / Service
• Exhibit 156: Splunk Inc. - Key offerings

• 12.16 Veriato Inc.
• Exhibit 157: Veriato Inc. - Overview
• Exhibit 158: Veriato Inc. - Product / Service
• Exhibit 159: Veriato Inc. - Key offerings

• 12.17 Zoho Corp. Pvt. Ltd.
• Exhibit 160: Zoho Corp. Pvt. Ltd. - Overview
• Exhibit 161: Zoho Corp. Pvt. Ltd. - Product / Service
• Exhibit 162: Zoho Corp. Pvt. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 163: Inclusions checklist
• Exhibit 164: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 165: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 166: Research methodology
• Exhibit 167: Validation techniques employed for market sizing
• Exhibit 168: Information sources

• 13.5 List of abbreviations 
• Exhibit 169: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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