The global market for cloud monitoring as a service has been segmented on the basis of deployment model, applications and geography. Based on the deployment model, this market has been segmented into public, private and hybrid cloud. Enterprise resource planning (ERP), human resource management (HRM), supply chain management (SCM) and customer relationship management (CRM) among others form the various applications areas for this market globally. Global cloud monitoring as a service market on the basis of geography has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

It is the overall power of monitoring the complete IT based infrastructure forms one of the major drivers for this market. In addition to this, the application of cloud based monitoring services further provides benefits such as keeping a check over the server uptime as well as the response rate that also helps the organization in evaluation of customer/user experience. This allows the company to keep a track over the exact demands of customers along with monitoring what the organization is able to provide to its customers through the database using well defined customized software.

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Post monitoring all the statistics, issues if found are reported to the cloud administrators within a central dashboard through different notifications in the form of sms, e-mails etc. This allows professionals working on it to unplug from constantly watching the dashboards knowing they will be informed about the situation accordingly. With all these drivers that have a positive impact over this market, it is the presence of certain restraints such as high costs associated with its application along with the technological expertise required for the proper functioning of these cloud based monitoring services that limits the growth of this market. Besides all these, it is the growing demand for Internet of things (IoT) technology that is expected to provide more opportunities for this market in the coming years.

Some of the key companies present in the global cloud monitoring as a service market include Amazon.com, Inc. (The U.S.), Cisco Systems (The U.S.), Google (The U.S.), IBM Corporation (The U.S.), Microsoft Corporation (The U.S.), Oracle Corporation (The U.S.), CA Technologies (The U.S.), SAP SE (Germany), YAHOO! Inc. (The U.S.), and Hewlett-Packard (The U.S.) among others.