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Log Management Market size is set to grow by USD 2.13 billion from 2023-2027, Growing demand from IT sector boost the market, Technavio

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NEW YORK, July 12, 2024 /PRNewswire/ — The global log management market size is estimated to grow by USD 2138.85 mn from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  12.63%  during the forecast period. Growing demand from IT sector is driving market growth, with a trend towards integration of latest technologies into log management. However, integration of latest technologies into log management  poses a challenge. Key market players include Alert Logic Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Datadog Inc., Intel Corp., International Business Machines Corp., LogicMonitor Inc., LogRhythm Inc., McAfee LLC, Micro Focus International Plc, New Relic Inc., Paessler AG, Rapid7 Inc., SolarWinds Corp., Splunk Inc., Veriato Inc., Zoho Corp. Pvt. Ltd., Sematext Group Inc., and Graylog.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Log Management Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017 – 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 12.63%

Market growth 2023-2027

USD 2138.85 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.98

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, Japan, UK, and Germany

Key companies profiled

Alert Logic Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Datadog Inc., Intel Corp., International Business Machines Corp., LogicMonitor Inc., LogRhythm Inc., McAfee LLC, Micro Focus International Plc, New Relic Inc., Paessler AG, Rapid7 Inc., SolarWinds Corp., Splunk Inc., Veriato Inc., Zoho Corp. Pvt. Ltd., Sematext Group Inc., and Graylog

Market Driver

Log data generated by new devices is growing rapidly due to the increased use of IT and IoT technologies. According to Logic Monitor, this machine data grows 50 times faster than traditional business data. By applying Machine Learning (ML) to log analysis, more data can be used to develop algorithms, saving time by automating the process of identifying patterns in logs. Log intelligence, or advanced log analysis, is increasingly popular among businesses. It automatically locates the source of problems and highlights anomalies in log data, sometimes even preventing issues before they occur. The integration of predictive analytics, AI, and ML into log management is a growing trend, expected to drive the global log management market’s growth during the forecast period. 

The Log Management Market is witnessing significant trends in various sectors. Network devices are integrating log management capabilities for better IT infrastructure security. Advanced persistence threats require log analysis for detection and response. Artificial intelligence and machine learning are providing analytical advantages for modernization. Emerging economies offer revenue pockets for open-source log management solutions. Standard log formats ensure import and export analysis for domestic and localized businesses. Large enterprises in healthcare, manufacturing, energy utilities, and finance sectors invest in professional services, managed services, consulting, training, and support. Cloud and on-premises solutions cater to diverse needs. Sumo Logic leads in cloud-based log management, while cyberattacks drive demand for threat intelligence. Business intelligence and predictive analytics are key applications. SMEs and hybrid IT environments also require log management programs. SaaS and IT infrastructure security are growing areas of focus. 

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Market Challenges

The log management market faces a significant challenge due to the high cost of implementing and maintaining log management solutions. This cost includes software licensing, system design, implementation, training, and ongoing maintenance. Hiring IT staff for implementation and training adds to the expense. On-premises solutions require in-house IT administration, increasing costs further. Additionally, continuous monitoring for new vulnerabilities and hacking attempts drives up the cost of data security systems. These factors may hinder the market’s growth during the forecast period. With the increasing number of vulnerabilities and cyber threats, businesses must invest more in data security, leading to higher log management costs.The log management market is experiencing significant growth due to increasing challenges in system performance, technical problems, resource management, and security. Businesses face cybersecurity concerns as they deal with event logs from various sources such as systems, services, energy and utilities, cybercrime reports, and consumers. Log data from perimeter devices, Windows event logs, endpoint logs, application logs, proxy logs, and IoT logs must be managed effectively to identify security vulnerabilities and malicious activities. Log management solutions must be user-friendly, automate and orchestrate processes, offer cross-platform compatibility, and integrate machine learning for user behavior analytics. The market caters to enterprises of all sizes and industries, including energy and utilities, healthcare, finance, and retail. Strategic agreements and collaborations with Microsoft and other technology providers ensure robust security controls and compliance with stringent regulations like those set by the Australian Signals Directorate. The log management market continues to evolve with the adoption of cloud services and the proliferation of IoT devices, requiring advanced capabilities to manage and analyze log data at scale. Companies must stay informed about cyber threats and invest in awareness and education to mitigate risks.

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Segment Overview 

This log management market report extensively covers market segmentation by  

Component 1.1 Solution1.2 ServicesDeployment 2.1 On-premises2.2 Cloud-basedGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Solution-  The log management market is segmented into services and solutions based on components. The solution sector is expected to lead the industry due to increasing demand from businesses for security, productivity enhancement, and cost-effective management solutions. Log management solutions help manage application, security, and system logs, allowing recognition of various events such as alerts, errors, audit failures, and successes. Centralizing log data from multiple sources in one location offers numerous benefits, including improved network and application data access, enhanced security, and streamlined compliance reporting. This trend is projected to fuel the growth of the solution segment in the global log management market.

For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The log management market is a growing segment in the IT industry, driven by the increasing importance of managing and analyzing log data for various purposes. Log data, including audit records and event-logs, are crucial for IT infrastructure management, system performance monitoring, and identifying technical problems. With the rise of cyberattacks, log management has become essential for security reasons as well. Businesses of all sizes and industries are adopting log management solutions to gain valuable insights from their machine data. Cloud-based log management is gaining popularity due to its flexibility and cost-effectiveness. Advanced technologies like predictive analytics, AI, and ML are being integrated into log management programs to enhance threat intelligence and improve resource management. Log management services are also available to help organizations manage their log data effectively and efficiently. Log management is not just about IT infrastructure management but also about security. It helps in detecting and responding to security threats in real-time. Log data analysis can provide valuable insights into user behavior, system performance, and potential vulnerabilities. With the increasing complexity of IT environments, log management has become an essential component of IT deployment and a critical part of enterprise operations.

Market Research Overview

The Log Management Market is witnessing significant growth due to the increasing number of cyberattacks and the need for Business Intelligence. Cloud-based log management solutions are gaining popularity, offering predictive analytics, AI, and ML capabilities for Threat Intelligence. IT infrastructure, including SMEs, requires effective log analysis for System Performance and Resource Management. Security is a major concern, with Hybrid Information Management solutions addressing Security Risk in various industries, including Energy and Utilities. SaaS programs offer affordable solutions for SMEs, while large enterprises prioritize strategic agreements and collaborations. Log data, including Event logs, Audit records, and Audit trails, are crucial for Security Controls and Network logs, providing insights into Security Vulnerabilities and Malicious Activities. Modernization and the adoption of IoT proliferation necessitate Automation and Orchestration, while User-friendly interfaces and Cross-platform compatibility are essential for user experience. Emerging economies offer Revenue Pockets, and Open-source solutions and Standard log formats cater to the needs of various Enterprise Sizes and Industry Verticals. Professional Services, Managed Services, Consulting, Training and Education, Support and Maintenance, and Cloud or On-premises deployment options are available to meet diverse business requirements. The Log Management Market is expected to grow further due to Cybercrime reports, Consumers’ increasing awareness and education, and the integration of Machine Learning and User Behavior Analytics. Security concerns continue to drive market growth, with the Australian Signals Directorate and Microsoft products leading the way in Cybersecurity.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSolutionServicesDeploymentOn-premisesCloud-basedGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Bonside Scorecard Launches Alongside Strategic Partnership with Kimco Realty and Nuveen Real Estate

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This partnership will support the launch of Bonside’s forthcoming proprietary underwriting tool

NEW YORK, May 18, 2025 /PRNewswire/ — Today, Bonside, a technology company that provides financial underwriting and funding to brick-and-mortar businesses, announces a strategic partnership with leading real estate investment trust Kimco Realty and global investment manager Nuveen Real Estate. As part of this partnership, both firms made equity investments in Bonside and will be among the first users of the company’s new proprietary underwriting product, the Bonside Scorecard, designed to help commercial landlords more efficiently assess the creditworthiness and risk of new and existing non-credit retail tenants.

The Bonside Scorecard brings much-needed standardization to how commercial landlords evaluate the financial and operational health of retail tenants. Built on the same underwriting process that drives Bonside’s own investment decisions, and 37 transactions to date, the tool enables landlords to quickly and effectively assess tenant performance via accounting software data.

At the nucleus of Bonside is the ability to analyze, standardize and capitalize the rise of non-credit retail. By emphasizing the fundamentals of physical retail, Bonside serves the category with specificity — weighing metrics like 4-wall EBITDA, COGS, labor ratios, and 20+ other industry-specific metrics to bring purpose-built underwriting and an investment-grade mentality to the brick-and-mortar economy. For landlords, this means streamlining and standardizing the tenant diligence process and holistic risk assessments at the property and portfolio level. For tenants, it removes friction and inconsistency, allowing rising concepts to compete for sought-after spaces and sign leases without manual effort.

This partnership marks a major milestone in Bonside’s growth and furthers its mission to define, and service, the brick-and-mortar economy. Since launching in 2023, Bonside has funded 37 deals and has $25 million in assets under management. Their flexible financing model, The Repeatable Revenue Agreement (RRA), gives businesses the opportunity to scale without giving up equity or entering debt, all powered by Bonside’s proprietary underwriting platform.

About Bonside
Bonside is based in NYC and publicly launched in June of 2023, to provide underwriting intelligence and capital to brick-and-mortar concepts, at scale.

Press Contact
Rachel Pietrangelo
rachel@bonside.com
Bonside

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SOURCE Bonside

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Stagwell (STGW) Appoints Connie Chan as Chief Growth Officer for Asia Pacific

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A catalyst for growth and innovation, Chan brings decades of cross-market expertise to power Stagwell’s next phase of growth in APAC

SINGAPORE, May 18, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Connie Chan as Chief Growth Officer, Asia Pacific, effective July 2025. Based in Singapore, Chan will be responsible for leading Stagwell’s growth strategy and operations across APAC markets, with a focus on accelerating transformation, scaling integrated capabilities, and deepening relationships in local markets.

This appointment builds on Stagwell’s growth momentum across APAC on the heels of acquiring ADK GLOBAL earlier this year. Stagwell APAC now encompasses 2,500 employees across 34 APAC offices.

Chan will report to Ryan Linder, EVP, Global Chief Marketing Officer. “As the global marketing landscape continues to shift, Asia Pacific stands out as a region of extraordinary opportunity. Connie’s leadership will be instrumental as we build a network that not only responds to the complexity of today, but sets the pace for what’s next,” said Linder.

“Connie doesn’t just drive growth. She builds momentum that breaks the sound barrier,” said Randy Duax, Stagwell’s Managing Director, Asia Pacific. “We’ve spent the last three years building the kind of platform the holding companies said couldn’t be done—media, creative, strategy and PR moving as one, built for speed, wired for scale. Connie isn’t here to learn the playbook. She’s here to call the next play.”

Chan brings a track record of transformative leadership spanning decades in media, marketing, and strategic communications. Most recently, she served as CEO of OMD China, where she oversaw the agency’s operations in Shanghai, Beijing, and Guangzhou, with a focus on driving growth and creativity, and inspiring teams with a strong focus on culture. Prior to that, Chan held leadership roles at WPP, including Executive Director of the Government & Public Sector Practice in Singapore, and Chief Client Officer for APAC at MEC (now Wavemaker), focusing on strategic client partnerships.

Upon her appointment, Chan reflected, “I’ve always believed in the power of strategic clarity and bold ideas. At Stagwell, we have the talent, the ambition, and the platform to build work that matters – and impact that endures.”

Stagwell

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.

Media Contact:

PR@Stagwellglobal.com 

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SOURCE Stagwell Inc.

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Das Marketing Shares Concerns Over Corporate Service Experience in Singapore

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Das Marketing International reports serious issues with a Singapore service provider, urging businesses to exercise due diligence and know their legal rights.

SINGAPORE, May 18, 2025 /PRNewswire-PRWeb/ — Das Marketing International Group Pte. Ltd. would like to share important information about its experience with an external corporate secretarial provider in Singapore – Investbanq Corporate Services Pte. Ltd.

During our cooperation, we encountered a number of serious operational and management issues that significantly impacted our business, including:

Refusal to carry out key corporate transactions, which caused significant delays in our business, instead requested for unreasonable compliance inquiry including source of fund of the transactions.

Requesting excessive and confidential information and documentation, without clear justification, including reason for transactions, original agreements, source of capital and tax information.

Refusal to arrange a meeting with a compliance specialist despite verbal requests and demands for direct interaction on regulatory matters.

Demanding unreasonably high budget of USD 20k for legal counsel despite low risk situations.

Refusal to perform actions despite clear instructions given as a client.

Overall a horrible client experience.

Fortunately, the current Singapore legislation allowed us to promptly change the nominee director and corporate secretary, restoring control over the management of the company without the involvement of the previous provider.

We strongly recommend that companies operating in Singapore carefully select corporate service providers, enter into written contracts in a timely manner and be well aware of their rights under the Companies Act and other regulations.

Das Marketing International Group Pte. Ltd. remains committed to the principles of transparency, professionalism and strict compliance with Singapore laws.

Media Contact

Director, Das Marketing International Pte. Ltd., 1 3152803039, shgdasm@proton.me

View original content:https://www.prweb.com/releases/das-marketing-shares-concerns-over-corporate-service-experience-in-singapore-302456320.html

SOURCE Das Marketing International Pte. Ltd.

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