Application Performance Management Software Market

Application Performance Management Software Market by Deployment Modes (On-premise, Cloud, and Hybrid), Platform Types (Software and Services), Verticals (BFSI, Manufacturing, Government, Healthcare, Retail, IT & Telecom, Logistics, Media & Entertainment, Education, and Others), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-550
  • Author: Growth Market Reports
  • Rating: 4.9
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  • No. Of Pages: 179
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The global application performance management software market is anticipated to expand at a substantial CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to generation of huge data owing to growing digitization in various sectors across the globe. Moreover, rising demand for solutions that can track and analyze the performance of companies, is expected to spur the market growth.

Application Performance Management Software Market Key Takeaways

Application performance management (APM) software helps to recognize and resolve issues in business operations effectively. The software solution aids in tracking, monitoring, integration, and management of business services by providing quick response and aids in the automation of crucial business processes.

Companies are seeking to improve the user experience of their complex applications, while ensuring high-quality of the services to the users. Lack of awareness about these solutions that can improve their productivity can hinder the market growth. Enterprises are widely using big data to achieve cost-effectiveness, high revenue growth, and drive innovation. APM solutions gather metadata and critical metrics of applications and improves overall performance, providing real-time operational insights.

The development of an application requires severe coding, which later makes application mapping process difficult and diagnose issues in it. This can lead to sluggish performance of the final-product. The APM software offers solutions such as application mapping, optimization of baseline performance, and code-level diagnostics, which in turn, provides reliability and availability of application on different platforms. This helps to boost both application performance and improves customer satisfaction.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing competition and concerns regarding the effective maintenance of business operations among players need to deploy APM software to quickly analyze and fix business processes. This is expected to propel the market growth.
  • Increasing awareness about the benefits of APM software such as the speedy process of transactions between both end-users and systems in emerging economies is expected to propel the market growth.
  • Rising proliferation of cloud computing technology and emergence of advanced APM analytics solutions are key factors driving the market growth.
  • Increasing demand for big data analytics and rising complexity of applications are expected to spur the growth of the market.
  • Adapting distributed application architecture and multi-cloud platforms are expected to create challenges for effectiveness of monitoring application performance and traditional monitoring tools. This is projected to hamper the market growth.

Scope of the Report

The report on the global application performance management software market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Application Performance Management Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Deployment Modes (On-premise, Cloud, and Hybrid), Platform Types (Software and Services), and Verticals (BFSI, Manufacturing, Government, Healthcare, Retail, IT & Telecom, Logistics, Media & Entertainment, Education, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

SAS Institute Inc., SAP SE, Webtrends, Oracle corporation, International Business Machines Corporation, Adobe Systems Incorporated, Salesforce.com, Microsoft Corporation, JDA Software Group, Inc., ManageEngine, Fair Isaac Corporation, CA Technologies, IBM, HP, AppDynamics, Compuware, and Microsoft


Application Performance Management Software Market Segment Insights:

Cloud segment to account for a large share
Based on deployment modes, the global application performance management software market is divided into on-premise, cloud, and hybrid. The cloud segment is expected to account for a large market share during the forecast period. Cloud deployment helps organizations to reduce their operational costs owing to less requirement of hardware systems and improving the business process. Increasing use of cloud and mobile computing along with rising demand for solutions that can help in monitoring the business; thereby, is anticipated to spur the segment growth. The shift of CRM and order tracking applications to cloud is further driving the segment growth.

Application Performance Management Software Market By Deployment Modes

Software segment to grow at a rapid pace
On the basis of platform types, the market is bifurcated into software and services. The services segment is expected to account for a significant market share during the forecast period. Rising adoption of the APM software by companies dealing with outsourcing services to enhance and improve their business operations is driving the segment growth. There are various APM services available in market such as consultation, implementation, training and support. However, the software segment is anticipated to grow at a rapid pace in the coming years. Monitoring, tracking, and management of business applications are made possible by the adoption of APM software. Thus, growing awareness about its merits is expected to drive the market growth.

BFSI segment to exhibit a high CAGR
Based on verticals, the global application performance management market is divided into BFSI, manufacturing, government, healthcare, retail, IT & telecom, logistics, media & entertainment, education, and others. The BFSI segment accounted for a large market and is anticipated to expand at high CAGR during the forecast period. The BFSI sector is a major end-users of the APM software as banking institutions are struggling with desired performance and cost-effective application software solutions owing to generation of huge data due to transactions.

Application Performance Management Software Market By Verticals

North America to dominate the market
In terms of regions, the market is classified as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. Early adoption of latest technology, presence of major industry players, and rising investment in R&D activities are key driving factors for the regional market growth. On the other hand, the market in Asia Pacific is projected to expand at a rapid rate in the coming years. Rapid industrialization and development of IT infrastructure are driving the growth of the market in the region.

Application Performance Management Software Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Application Performance Management Software Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Application Performance Management Software Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Application Performance Management Software Market - Supply Chain
  4.5. Global Application Performance Management Software Market Forecast
     4.5.1. Application Performance Management Software Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Application Performance Management Software Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Application Performance Management Software Market Absolute $ Opportunity
5. Global Application Performance Management Software Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Application Performance Management Software Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Application Performance Management Software Demand Share Forecast, 2019-2026
6. North America Application Performance Management Software Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Application Performance Management Software Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Application Performance Management Software Demand Share Forecast, 2019-2026
7. Latin America Application Performance Management Software Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Application Performance Management Software Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Application Performance Management Software Demand Share Forecast, 2019-2026
8. Europe Application Performance Management Software Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Application Performance Management Software Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Application Performance Management Software Demand Share Forecast, 2019-2026
9. Asia Pacific Application Performance Management Software Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Application Performance Management Software Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Application Performance Management Software Demand Share Forecast, 2019-2026
10. Middle East & Africa Application Performance Management Software Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Application Performance Management Software Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Application Performance Management Software Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Application Performance Management Software Market: Market Share Analysis
  11.2. Application Performance Management Software Distributors and Customers
  11.3. Application Performance Management Software Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. SAS Institute Inc.
     11.4.2. SAP SE
     11.4.3. Webtrends
     11.4.4. Oracle corporation
     11.4.5. International Business Machines Corporation
     11.4.6. Adobe Systems Incorporated
     11.4.7.
Segments Covered in the Report
The global application performance management software market has been segmented on the basis of

Deployment Types
  • On-premise
  • Cloud
  • Hybrid
Platform Types
  • Software
  • Services
Verticals
  • BFSI
  • Manufacturing
  • Government
  • Healthcare
  • Retail
  • IT & Telecom
  • Logistics
  • Media & entertainment
  • Education
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • SAS Institute Inc.
  • SAP SE
  • Webtrends
  • Oracle corporation
  • International Business Machines Corporation
  • Adobe Systems Incorporated
  • Salesforce.com
  • Microsoft Corporation
  • JDA Software Group
  • ManageEngine
  • Fair Isaac Corporation
  • CA Technologies
  • IBM
  • HP
  • AppDynamics
  • Compuware
  • Microsoft

Major players of the market are SAS Institute Inc., SAP SE, Webtrends, Oracle Corporation, International Business Machines Corporation, Adobe Systems Incorporated, Salesforce.com, Microsoft Corporation, JDA Software Group, Inc., ManageEngine, Fair Isaac Corporation, CA Technologies, IBM, HP, AppDynamics, Compuware, and Microsoft.

Some of these key players are actively investing in R&D activities to develop advanced APM solutions. They are also focusing on several market strategies such as the introducing of SaaS model in management system to enhance their market value and expand their consumer base. For instance,

In July 2020, New Relic, Inc., launched New Relic One, which was an update of its APM solution. The updated APM solution provided full-stack visibility and telemetry data platform. In April 2020, a US-based IT solution provider, Ensono introduced APM solution to increase the application stability and downtime.

 Application Performance Management Software Market By Key Players

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