The global application performance monitoring market size is expected to reach USD 15.40 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research.
Rapidly increasing application Internet of Things-based devices, rising adoption of APM solution among SMEs and large enterprises, expanding application of big data analytics, and rising demand for log management solutions are among some of the major factors driving market revenue growth currently. Application performance monitoring is a set of tools and techniques that allow Information Technology (IT) professionals to analyze and monitor the performance of applications. It focuses on infrastructure, user experience, and application dependencies, and others.
Some major components of application performance monitoring solutions are runtime application architecture, business transactions, real user monitoring, component monitoring, and analytics and reporting. Real user monitoring or end-user experience monitoring is a process that enables organization to respond to application faults and rectify the problem efficiently.
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The report also discusses the key players involved in the market such as Hewlett Packard Enterprise Development LP., Dynatrace LLC., Broadcom, IBM Corporation, AppDynamics, Microsoft, Dell, Riverbed Technology, Splunk Inc., and New Relic, Inc. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
Emergen Research has segmented the global Application Performance Monitoring (APM) market based on component, deployment mode, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Software
Services
Deployment Mode Outlook (Revenue, USD Billion; 2018–2028)
On-premise
Cloud
Hybrid
Application Outlook (Revenue: USD Billion; 2018–2028)
Synthetic Monitoring
End-User Monitoring
Mobile Monitoring
Others
End-Use Outlook (Revenue: USD Billion; 2018–2028)
BFSI
Manufacturing
E-commerce
Healthcare
IT and Telecommunications
Retail
Media and Entertainment
Government
Others
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Key Findings From the Report:
In June 2021, Scout APM launched its error monitoring solution. It provides application performance and error insight and alerts through a single, and integrated dashboard.
Software segment accounted for largest revenue share in the global market in 2020 and is expected to register a rapid CAGR throughout the forecast period. This can be attributed to rising adoption of application performance monitoring software, and increasing demand for APM analytics.
Asia Pacific is expected to register fastest revenue CAGR as compared to other regional markets throughout the forecast period. Developments across IT industries and increasing adoption of APM solutions among SMEs and large enterprises are key factors driving revenue growth of the market in this region.
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Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Application Performance Monitoring market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Application Performance Monitoring market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
What will be the estimated growth rate of the Application Performance Monitoring market by 2028?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Application Performance Monitoring market throughout the forecast period?
What are the current and future market trends of the Application Performance Monitoring market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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The post Application Performance Monitoring Market Size 2021, Growth Statistics, Industry Share, Latest Business Opportunities, Upcoming Trends, Demand Analysis by Top Leading Players with Strategies- Dynatrace LLC., Broadcom, IBM Corporation, AppDynamics appeared first on Market O Graphics.
