Global Web Performance Market By Component (Solutions, Services), Organization Size (Large Enterprises, Small and Medium Enterprises), Deployment Type (On- Premises, Cloud), Vertical (Telecom and IT, Government, BFSI, Automotive, Logistics and Transportation, Manufacturing, Retail, Media and Entertainment, Healthcare, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Web Performance Market
Global web performance market is set to witness a substantial CAGR of 9.1% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand for web performance solutions from different industries and rising popularity of web performance solutions are the factor for the market growth.
Market Definition: Global Web Performance Market
Web performance relates to the speed of uploading and viewing web pages on the web browser of the client. There main function is to check and tracks websites to insure fast display of the most important content and load pages at a consistent speed. They also have the ability to decrease the data travelling across the web so that power consumption and environmental impact can be decreased. Web performances are widely used in industries such as government, BFSI, automotive, logistics, transportation among others.
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- Growth in e- commerce industry will drive the market growth
- Increasing data and security concern among population will also accelerate the growth of this market
- Increasing proliferation of images, videos and other media on web is another factor uplifting the market growth
- Rising demand from IT and Telecommunication industry will also contribute as a factor for the market growth
- Complexity associated with the budget in SME will hamper the market growth
- Lack of awareness about web performance solution acts as a market restraint
- High investment cost will also act as a restricting factor in the growth of this market
Segmentation: Global Web Performance Market
- Web Performance Monitoring
- Web Performance Optimization
- Web Performance Testing
- Consulting Services
- Implementation Services
- Managed Services
By Organization Size
- Large Enterprises
- Small and Medium Enterprises
By Deployment Type
- On- Premises
- Telecom and IT
- Logistics and Transportation
- Media and Entertainment
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
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Key Developments in the Market:
- In March 2018, eggplant announced the acquisition of NCC Group’s Web Performance Division. The purchase provides a SaaS-based, user-centric value technology system to the company and a portfolio of blue chip customers including Argos, House of Fraser, John Lewis, Barclays, Sainsbury’s Bank, BMW, Auto Trade, and easyJet. This acquisition will help the company to strengthen their market position and provide better solutions to their customer worldwide
- In October 2015, Rigor, Inc. announced the acquisition Zoompf. The company will be combining the Zoompf’s technology into its software-as-a-service (SaaS) platform which will help them to create web performance monitoring and optimization platform that provides diagnostic and legalistic analytics for the overall development cycle (DevOps) including production, quality management, and technical operations. This acquisition will help the company to broaden their SaaS platform’s capabilities to include prescriptive intelligence, allow users to analyze vast amounts of data and use information to ensure maximum user experience at all times
Global web performance 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 web performance market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global web performance market are Akamai Technologies; Dynatrace; Micro Focus; IBM Corporation; F5 Networks, Inc.; Broadcom; Neustar, Inc.; New Relic, Inc.; Cloudflare, Inc.; Cavisson Systems Inc.; Netmagic Solutions; CDNetworks Inc.,; ZenQ.; ThousandEyes, Inc.; GlobalDots.; ARTURAI; Pingdom AB; Protean Performance Solutions; Radware; among others.
Research Methodology: Global Web Performance Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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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