Gigamon Maintains Leadership Position in Deep Observability Market with 61 Percent Market Share in 2024 According to New Frost & Sullivan Research
2024年6月27日 - 11:00PM
ビジネスワイヤ(英語)
Research separates traditional observability
from deep observability solutions as more organizations seek
real-time visibility across hybrid cloud infrastructure to enhance
security posture
Gigamon, a leader in deep observability, has been recognized as
a leading vendor in the growing deep observability market,
according to new research by Frost & Sullivan commissioned by
Gigamon. Overall, the deep observability total addressable market
(TAM) is estimated at $570 million in 2024, growing to $2.1 billion
in 2028, representing a compound annual growth rate (CAGR) of 40
percent as organizations increasingly embrace hybrid cloud
infrastructure, according to the study.
In the recently published Gigamon 2024 Hybrid Cloud Security
Report, 8 in 10 respondents reported that their board is discussing
deep observability as a priority to better secure and manage hybrid
cloud infrastructure, and 84 percent agree that deep observability
is key to mitigating exposure to cybersecurity attacks. Yet today,
organizations are still grappling with visibility challenges, as
the survey revealed one in three breaches are going undetected, and
just 25 percent of organizations are able to respond to cyber
threats in real time. Amid today’s evolving threat landscape,
organizations are prioritizing visibility across all data in
motion, fueling significant growth in the deep observability
market.
Deep Observability Delivers Comprehensive Visibility, Cost
Efficiencies for Hybrid Cloud Infrastructure
Frost & Sullivan defines deep observability as the ability
to efficiently deliver network-derived intelligence to cloud,
security, and observability tools. The deep observability market
has emerged from the broader observability market which relies on
metric, event, log, and trace (MELT) data, as organizations augment
this data with network-derived intelligence and insights to gain
visibility into encrypted and lateral, East-West traffic to improve
their overall security posture and optimize network and application
performance, according to the research.
“Deep observability solutions are essential for organizations in
mitigating exposure to today’s rapidly evolving threat landscape
and go beyond log-based security and observability tools to detect
network anomalies and ransomware attacks that existing tools simply
can’t see," stated Vinay Biradar, associate director, Cybersecurity
Advisory at Frost & Sullivan. “Moreover, achieving a Zero Trust
security model can’t be done without deep observability, which is a
key driver for organizations today. Our research highlights Gigamon
as the industry leader, offering the most comprehensive deep
observability pipeline and generating the highest revenues from its
deep observability pipeline offering. As the frontrunner, Gigamon
empowers organizations to enhance their performance, security, and
user experience.”
According to the research, the global deep observability market
is significantly influenced by the high adoption rates among large
enterprises (5000+ employees) and US Federal Agencies, with the
Americas region being the key driver. Key findings on factors that
drive deep observability adoption include:
- Increasing need for comprehensive network traffic insights
- Increasing need to detect advanced threats, including
ransomware
- Need to reduce operational IT costs, enhance the efficiency of
security and monitoring solutions
- Increasing implementation of Zero Trust architecture
- Complement cloud service providers’ (CSPs’) monitoring
capabilities to support hybrid and multi-cloud infrastructure
“With the increasing complexity of securing and managing today’s
hybrid cloud infrastructure, end-to-end visibility is paramount to
detecting advanced cyber threats that would have otherwise flown
under the radar of existing security and observability tools,” said
Shane Buckley, president and CEO at Gigamon. “The Gigamon Deep
Observability Pipeline empowers our customers to leverage
network-derived intelligence across virtual machines, containers,
cloud, and physical infrastructure, illuminating potential blind
spots and vulnerabilities where threat actors could hide. The
continued validation of deep observability as a rapidly growing
market category underscores its significance in modern
cybersecurity frameworks.”
About the Frost & Sullivan Deep Observability
Research
Frost & Sullivan conducted a top-down analysis of the Deep
Observability Market by estimating the total number of large
enterprises globally and US Federal Agencies’ adoption of deep
observability solutions, and the average spending of an enterprise
on the solution. The data for the findings was gathered by Frost
& Sullivan research as well as through primary interviews with
market participants including Gigamon.
To download the Frost & Sullivan Deep Observability market
research, click here.
About Gigamon
Gigamon® offers a deep observability pipeline that efficiently
delivers network-derived intelligence to cloud, security, and
observability tools. This helps eliminate security blind spots and
reduce tool costs, enabling you to better secure and manage your
hybrid cloud infrastructure. Gigamon serves more than 4,000
customers worldwide, including over 80 percent of Fortune 100
enterprises, 9 of the 10 largest mobile network providers, and
hundreds of governments and educational organizations worldwide. To
learn more, please visit gigamon.com.
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Gigamon Media Contact: public.relations@gigamon.com