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The global log management software market is expected to grow at a CAGR of 9.2% during the forecast period (2023-2030). This growth is driven by the need to optimize system performance, identify technical issues, better manage resources, strengthen security and improve compliance. The increasing sophistication of cyberattacks, the presence of stringent government regulations and compliances, the generation of large amounts of data, the demand for business intelligence, the rising trend of cloud-based log management practices, and the integration of technologies such as predictive analytics, AI, and ML into log management are all contributing factors to the growth of the log management market.