Deep Observability Market to Grow At a 60% CAGR and Exceed $2B by 2027; According to 650 Group

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Gigamon Market Leader in 2022 as Customers Looked to Gain Valuable Insights From Their Networks

Incline Village, Nevada – March 28, 2023 – A newly released report by 650 Group, a leading Market Intelligence Research firm for communications, data center, and cloud markets, provides unique insight into the Deep Observability market.

The report revealed that the market grew by 60% in 2022 and that cloud and subscription-based offerings are predicted to be the majority of revenue during the forecast period as enterprises move to hybrid and multi-cloud infrastructure. The Deep Observability Market is a critical growth component for Observability Infrastructure vendors, as enterprises need to extract a significant amount of data from networks beyond logs to secure and automate their infrastructure

 “Operation teams, such as SecOps, NetOps, and CloudOps, are key beneficiaries of Deep Observability. These teams stress the importance of being proactive and less reactive to application performance, vulnerability detection, and issues in their production networks,” said Alan Weckel, Founder and Technology Analyst at 650 Group. “Deep Observability continues to add additional value-add features like decryption, application filtering, application metadata, and deduplication. Over the forecast years, this will help drive networking automation and AI-based networks. Deep Observability is an innovation that is rapidly catching on and is a high-growth segment in our research coverage.”

The quarterly Deep Observability reports include segmentation on a regional and worldwide basis and provide market data for the China and non-China markets. For 2022, the report indicates that Gigamon was the largest vendor and garnered over 70% market share. Vendors contained in the report include Arista, Gigamon, and Keysight.  Vendors in the broader Observability market include Cisco, Datadog, Dynatrace, Elastic, New Relic, and Splunk.

About the Deep Observability Reports
650 Group’s Quarterly Deep Observability report covers quarterly vendor market shares and forecasts. In addition, 650 Group publishes additional segment-specific reports on Campus / Enterprise Switching, WLAN, Security, SASE, and SD-WAN. For more information about the report, contact the sales department at 650 Group at +1 650 600 7104 or val@650group.com or www.650group.com.

About 650 Group

650 Group is a leading Market Intelligence Research firm for communications, data center, and cloud markets.  ​Our team has decades of research experience, has worked in the technology industry, and is actively involved in standards bodies. To learn more, visit http://www.650Group.com

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