IT Infrastructure Monitoring Market : Service segment to reach US$ 13.9 Bn by 2016.

In terms of value, the North America IT infrastructure monitoring market dominated the overall market in 2015 and is expected to remain dominant over the forecast period between 2016 and 2024. In terms of value, the Asia Pacific IT infrastructure monitoring market is anticipated to expand at a CAGR of 6.6% during 2016 to 2024. According to the latest market report published by Persistence Market Research, titled “IT Infrastructure Monitoring Market: Global Industry Analysis and Forecast 2016 - 2024,”. The global IT infrastructure monitoring market value is anticipated to increase from US$ 19.24 Bn in 2015 to US$ 34.1 Bn by 2024, expanding at a CAGR of 6.6% during the forecast period (2016–2024). The popularity of IT infrastructure monitoring tools among enterprises, that ensures availability of their products and providing efficient service to a consumer through monitoring of the organization’s IT framework is due to its reduction in loss associated with system downtime. The software is very crucial for physical, virtual, and cloud systems alike.