The "Application Performance Monitoring (APM) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering. The global market for Application Performance Monitoring is estima...
Autore: Business Wire
DUBLIN: The "Application Performance Monitoring (APM) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
The global market for Application Performance Monitoring is estimated at US$9.5 billion in 2024 and is likely to register a 2024-2030 CAGR of 13.8% in reaching a projected US$20.6 billion by 2030.
This global report on Application Performance Monitoring analyzes the global and regional market based on component, deployment, organization type, access type and industry sector for the period 2021-2030 with projection from 2024 to 2030 in terms of value in US$. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.
Several evolving trends are shaping the dynamic market for Application Performance Monitoring, one of which is cloud-native APM. A growth in the adoption of cloud computing and microservices architectures has increased demand for APM solutions that have been especially designed for these dynamic and distributed environments. These solutions offer scalability, flexibility and seamless integration with cloud platforms, such as AWS, Azure and Google Cloud.
APM tools are being integrated with artificial intelligence (AI) and machine learning (ML) for automating tasks, such as anomaly detection, root cause analysis, predictive analytics and intelligent alerting, thereby allowing IT teams to proactively identify and resolve issues faster by minimizing manual intervention. Another trend is a shift from traditional APM, which mainly monitors application code and infrastructure, to broader "observability" solutions. Apart from covering APM, observability also integrates data from logs, metrics and traces across the entire IT stack to offer a more holistic view of system behavior. The importance of understanding end-user experience has increased considerably.
Several factors are driving growth of the APM market. Complex architectures, including microservices, containers and hybrid cloud deployments are being increasingly used to build modern applications. Because of this complexity, managing performance using traditional monitoring methods becomes challenging, driving the need for sophisticated APM solutions.
As businesses recognize that a positive digital experience is crucial for customer satisfaction and retention, APM is becoming essential to ensure optimal user experiences, since poor application performance can erode customer base and lead to revenue losses. Companies in a majority of the industries have initiated a move towards digital transformation, which depend heavily on software applications for core business operations.
Application Performance Monitoring (APM) Market Segmentation Highlights
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 534 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $9.5 billion |
| Forecasted Market Value (USD) by 2030 | $20.6 billion |
| Compound Annual Growth Rate | 13.8% |
| Regions Covered | Global |
Key Metrics
Companies Featured
Application Performance Monitoring (APM) Market by Geographic Region
Application Performance Monitoring (APM) Market by Component
Application Performance Monitoring (APM) Market by Deployment
Application Performance Monitoring (APM) Market by Organization Type
Application Performance Monitoring (APM) Market by Access Type
Application Performance Monitoring (APM) Market by Industry Sector
For more information about this report visit https://www.researchandmarkets.com/r/qov5tq
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Fonte: Business Wire