The global demand for Application Performance Monitoring Market is presumed to reach the market size of nearly USD 35.023 MN by 2030 from USD 9.97 MN in 2022 with a CAGR of 14.98% under the study period 2023 - 2030.
Application performance monitoring (APM) is software that helps organizations prevent and forecast software-related issues before they influence personal or commercial businesses and end-users such as BFSI, IT & telecom, healthcare, and others. The main function of application performance monitoring is to identify, evaluate and calculate the performance of an application and remove the factor causing problems. Application performance monitoring is widely used in telecommunications, media and entertainment, government, and healthcare industries.
Market Dynamics
The demand for digital experience monitoring (DEM) solutions from various sectors such as IT & telecom, BFSI, retail, and healthcare is driving the region's application performance monitoring market. Moreover, the rise in the need to monitor end-user and customer experience across multiple channels is also expected to fuel the market. Also, the increasing complexity of applications is an essential factor driving the application performance monitoring market. Furthermore, technological advancement and investment in application performance monitoring are the major factors boosting the application performance monitoring market growth. Additionally, rising market research and development activities will create new opportunities for application performance monitoring in the forecast period. However, lack of end-user awareness about APM and increasing funding costs are the major factors that hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of application performance monitoring. The growth and trends of application performance monitoring industry provide a holistic approach to this study.
Market Segmentation
This section of the application performance monitoring market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Platform Type
- Software
- Service (Deployment And Integration, Training And Education, Support And Maintenance)
By Deployment Mode
By Vertical
- BFSI
- Manufacturing
- Government
- Healthcare
- Retail
- IT And Telecom
- Logistics
- Media And Entertainment
- Education
- Others
By User Type
- Small And Medium Businesses (SMB's)
- Large Enterprises
By Access Type
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Application Performance Monitoring market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Application Performance Monitoring Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the application performance monitoring market include International Business Machines (IBM), Hewlett-Packard (HP), Compuware Corporation, CA Technologies, Dell Software, BMC Software, AppDynamics, Microsoft Corporation, Riverbed Technology, New Relic. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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