Market Research Report Store Industrial Refrigeration Systems Market projected
"Industrial Refrigeration Systems Market projected to grow from an estimated USD 2.78 billion
in 2016 to USD 19.84 billion by 2022 – Market Research Report Store" published in May 2017. It
is a professional and in-depth study.
Summary
Market Research Report Store announces a new report"Industrial Refrigeration Systems"added to
its database.The IT operations market is projected to grow from an estimated USD 2.78 billion in 2016
to USD 19.84 billion by 2022, at a CAGR of 38.7% during the forecast period. Major growth drivers
for this market include the tremendous growth of IT operations data and adoption of BYOD and IoT in
organizations across industries. The primary restraint for this market is the frequent changes happening
in IT infrastructure and operations to meet the growing demands of changing business environments.
Detailed TOC Of Report @
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real-time-log-analytics-application-performance-management-technologytool-visual-analytics-m
achine-based-learning-deployment-model-organization-3
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“The on-demand segment is expected to account for the fastest growing market during the
forecast period”
The on-demand segment of IT operations analytics by deployment type is estimated to grow at the
fastest rate during the forecast period. Organizations are expected to rapidly adopt on-demand or
cloud-based deployment for ITOA solutions in the near future. Cloud deployment offers multiple
benefits to organizations, such as reduced cost on physical infrastructure, anytime accessibility, and
effective monitoring of data. However, challenges such as legal regulations, data security, performance,
reliability, transformation complexity, operational control, and data governance may hinder the rate of
deployment of ITOA solutions on the cloud. Reduced total cost of ownership is a key factor that is
expected to fuel the cloud deployment of ITOA solutions.
“Asia-Pacific is projected to grow at the highest rate during the forecast period”
The IT operations analytics market in the Asia-Pacific is projected to grow at the highest rate during
the forecast period. The APAC region comprises growing economies such as China, India, Australia,
and Japan, where the ITOA market is expected to register high growth due to the tremendous increase
in the generation of IT data in various organizations. Increasing number of data centers and the
growing demand for advanced IT infrastructures is also fueling the growth of the market. Increasing
adoption of cloud computing in this region provides opportunities to vendors to provide ITOA
solutions on cloud. There has been a rapid rise in the demand for ITOA tools that identify security gaps
in network infrastructure as well as web & mobile applications and help reduce risks. Organizations are