Global Application Performance Management Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the Application Performance Management market for global, Europe, North America, Asia Pacific, and South America. Global Application Performance Management Market is expected to rise significantly in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be identifications of complications associated with application development and application performance in the long run.
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Major Market Competitors/Players:
Few of the major competitors currently working in the Application Performance Management market are Broadcom, IBM Corporation, HP Development Company L.P., Unravel Data, Pepperdata Inc., AppDynamics, Oracle, Compuware Corporation, Microsoft, SAS Institute Inc., SAP SE, Adobe, Salesforce.com inc., JDA Software Group Inc., Infor, Fair Isaac Corporation, Webtrends, Dynatrace LLC, BMC Software Inc., Cisco, Dell, Riverbed Technology, Splunk Inc., New Relic Inc., FUJITSU, MuleSoft LLC and Zoho Corp.
Application Performance Management can be defined as the monitoring systems for the application that are utilized in the identification of performance, tweaking out the glitches, if present and running systems check on the overall operations of the application. These monitoring systems are deployed whether over the cloud, or directly on the server of the application. These monitoring systems are also used for in the application development processes so that any glitches can be diagnosed before the application rolls out to the consumer for end-use.
Global Application Performance Management Market By Solution Type (Software, Services), Deployment Type (On-Premise, Cloud, Hybrid), Access Type (Web, Mobile), End-User (BFSI, E-Commerce, Manufacturing, Healthcare, Retail, IT & Telecommunications, Media & Entertainment, Academics, Government, Others), Organization Size (SMEs, Large Enterprises), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Developments in the Market:
- In November 2018, Broadcom announced that they had completed the acquisition of CA Technologies. With this acquisition Broadcom are better placed to serve their customers with infrastructure software solutions.
- In March 2018, Pepperdata Inc. announced the launch of Application Spotlight. It helps the developers in processing the application performances, tweaking the performance changes so that the chances of failure of the application are reduced significantly.
- In January 2018, Unravel Data announced that they had secured USD 15 million in Series B funding helping the total finances of the company to reach USD 23 million. The funding led by GGV Capital, Microsoft Ventures and Menlo Ventures is expected to significantly the solution providing capabilities of the company, enhancing their workforce and infrastructure.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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- Introduction of new technology and innovations in the market enabling the customers to remotely monitor their application and monitor their performances in real-time; this factor is expected to act as a driver for the market growth
- Rising levels of adoption of mobile and cloud computing along with the rise in complexity levels of applications in their development and operations resulting in enhanced need of the product is expected to act as a driver for the market growth
- Lack of standard measures resulting in different methods of performance measuring by the different players is expected to act as a restraint to the market growth
- Requirement of large capital investments along with the lack of awareness regarding the benefits from the various end-users is also expected to restrain the market growth
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