Global Application Performance Monitoring Market, By Deployment Type (On- Premises, Cloud, Hybrid), Access Type (Web, Mobile), End-User (BFSI, E-Commerce, Manufacturing, Healthcare, Retail, IT and Telecommunications, Media and Entertainment, Academics, Government, Others), Solution Type (Software, Service) – Industry Trends and Forecast to 2030.
Application Performance Monitoring Market Analysis and Size
Increasing big data analytics is a crucial factor accelerating the market growth, also increasing globalization of business, increasing proliferation of mobile and cloud computing, rising level of competition among businesses to solve, analyse and mend business processes, increasing technological advancement and development in application performance monitoring and increasing demand cloud and mobile computing are the major factors among others boosting the application performance monitoring market. Moreover, rising advance APM analytics, rising log management and rising research and development activities in the market will further create new opportunities for application performance monitoring market in the forecast period mentioned above.
Data Bridge Market Research analyses that the global application performance monitoring market which was USD 7.30 billion in 2022, is expected to reach USD 18.58 billion by 2030, and is expected to undergo a CAGR of 11.31% during the forecast period of 2023 to 2030. In 2022, software is expected to dominate the solution type segment as it helps developers and IT teams optimize the performance, availability, and user experience of their applications. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Application Performance Monitoring Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable Years 2015-2020) |
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Quantitative Units |
Revenue in USD Billion, Pricing in USD |
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Segments Covered |
Deployment Type (On- Premises, Cloud, Hybrid), Access Type (Web, Mobile), End-User (BFSI, E-Commerce, Manufacturing, Healthcare, Retail, IT and Telecommunications, Media and Entertainment, Academics, Government, Others), Solution Type (Software, Service) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa |
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Market Players Covered |
AppDynamics (U.S.), AppNeta (U.S.), BMC Software, Inc. (U.S.), CA Technologies, Dynatrace LLC (U.S.), Hewlett Packard Enterprise Development LP (U.S.), IBM (U.S.), Zoho Corp (India), Microsoft (U.S.), New Relic, Inc (U.S.), Nastel Technologies (U.S.), Oracle (U.S.), Quest Software (U.S.), Riverbed Technology (U.S.), SolarWinds Worldwide , LLC (U.S.), Splunk Inc. (U.S.), and Paessler (Germany) |
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Market Opportunities |
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Market Definition
Application performance monitoring (APM) is defined as a distribution of software system at different level to increase the efficiency and productivity and also helps in analysing the big data so that problems can be solved quickly. Their main function is to identify, evaluate and calculate the performance of an application and remove factor that is causing problems. This software is widely used in industries like telecommunications, media and entertainment, government, healthcare among others.
Application Performance Monitoring Market Dynamics
Driver
- Increasing Demand for Cloud and Mobile Computing
The application performance monitoring market is experiencing a significant expansion due to the rising need for cloud and mobile computing solutions. These technologies enable businesses to deliver faster, more reliable and more secure applications to their customers and employees. Application performance monitoring tools help developers and IT teams to monitor, analyze and optimize the performance of their applications across different platforms and environments.
Opportunity
- Technological Advancements in Application Performance Monitoring
Technological advancement in application performance monitoring (APM) has enabled developers and IT professionals to optimize the performance, reliability, and user experience of their software applications. APM tools can collect and analyze various metrics, such as response time, error rate, throughput, availability, and resource utilization, to provide insights into the health and behavior of applications across different environments. APM can also help identify and diagnose performance bottlenecks, root causes of failures, and potential security risks, and suggest solutions and best practices to improve application quality and efficiency.
This global application performance monitoring market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global application performance monitoring market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Restraint/Challenge
- Lack of Awareness among Consumer about APM
Application performance monitoring (APM) is a crucial tool for ensuring the quality and reliability of software applications. However, many consumers are not aware of the benefits and features of APM, and how it can help them optimize their user experience and business outcomes. This lack of awareness can lead to dissatisfaction, frustration, and lost opportunities for both consumers and developers. Therefore, it is important to educate consumers about the value of APM and how it can enhance their digital journey.
Recent Development
- In June 2022, Cisco debuts AppDynamics' all-new observability platform that cuts through the complexity of modern applications to give technologists a seamless, unified view of their cloud native technology landscape. It’s built on a foundation that embraces industry standards such as OpenTelemetry, an emerging standard for data collection that reduces friction between service owners and SREs, DevOps and developers enabling teams to visualize and measure application performance from multiple data sources collaboratively
Global Application Performance Monitoring Market Scope
Application performance monitoring market is segmented on the basis of deployment type, access type, end-user and solution type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Deployment Type
- On-Premises
- Cloud
- Hybrid
Access Type
- Web
- Mobile
End-User
- BFSI
- E-Commerce
- Manufacturing
- Healthcare
- Retail
- IT and Telecommunications
- Media and Entertainment
- Academics
- Government
- Others
Solution Type
- Software
- Service
Global Application Performance Monitoring Market Regional Analysis/Insights
Application performance monitoring market is analysed and market size, volume information is provided by deployment type, access type, end-user and solution type as referenced above.
The countries covered in the application performance monitoring market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
North America dominates the application performance monitoring market due to rising presence of many global players in this region especially in the U.S. and Canada, increasing globalization of business, increasing proliferation of mobile and cloud computing and rising level of competition among businesses to solve, analyse and mend business processes in this region. Asia-Pacific is the expected region in terms of growth in application performance monitoring market due to growing adherence toward regulatory compliances and increasing adoption of application performance related solutions in this region.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Application Performance Monitoring Market Share Analysis
The application performance monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the company's focus related to application performance monitoring market.
Some of the major players operating in the global application performance monitoring market are:
- AppDynamics (U.S.)
- AppNeta (U.S.)
- BMC Software, Inc. (U.S.)
- CA Technologies, Dynatrace LLC (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- IBM (U.S.)
- Zoho Corp (India)
- Microsoft (U.S.)
- New Relic, Inc (U.S.)
- Nastel Technologies (U.S.)
- Oracle (U.S.)
- Quest Software (U.S.)
- Riverbed Technology (U.S.)
- SolarWinds Worldwide , LLC (U.S.)
- Splunk Inc. (U.S.)
- Paessler (Germany)
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