Gigamon captures 55 percent market share in deep observability for 2024, according to new report by 650 Group

Security concerns surrounding Artificial Intelligence (AI) are driving global demand for deep observability across hybrid cloud infrastructure.

Gigamon has been acknowledged as the leading vendor in the deep observability market, capturing 55 percent market share in 2024, according to a report by 650 Group. The deep observability market has experienced a 17 percent year-over-year growth and is projected to reach nearly $1.8 billion in revenue by 2029, with a Compound Annual Growth rate (CAGR) of 30 percent as more organizations adopt hybrid cloud infrastructures.

The 2024 Hybrid Cloud Security Survey involving over 1,000 global security and IT leaders found that 84 percent agree deep observability is essential for cloud security. Gigamon's Deep Observability Pipeline aids organizations in securing and managing their hybrid cloud infrastructure by providing network-derived telemetry to cloud and security tools, which can increase tool efficiency by up to 90 percent and eliminate blind spots.

Alan Weckel, co-founder and analyst at 650 Group, noted the importance of deep observability in facilitating better collaboration among NetOps, Security Operations (SecOps), and CloudOps teams in response to the complexities introduced by AI integration. He emphasized that deep observability enables enterprises to achieve full visibility across their AI-driven data paths, thereby enhancing security and performance.

Organizations like Hospital Sírio-Libanês have turned to Gigamon to improve visibility and security across their hybrid cloud environments. Leandro Ribeiro, CISO at the hospital, mentioned that Gigamon provides comprehensive insights into their infrastructure layers.

Shane Buckley, president and CEO of Gigamon, highlighted the changing threat landscape due to AI proliferation, stating there is a growing demand for enhanced visibility in complex environments.

The deep observability market, forecasted to be valued at $9.8 billion by 2025, comprises distinct tools that facilitate the inspection and gathering of network data. Key findings from the 650 Group report include regional growth performance, particularly in the Middle East and Africa, and projections indicating cloud-delivered offerings may account for 50 percent of future revenues.