London, 23 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the global APM software market 2015-2019, which is expected to grow at a CAGR of 12.41% during the forecast period of 2014-2019.
The emergence of cloud-based application performance management (APM) offerings is expected to augment the prospects of growth in this market. Various advantages of cloud-based APM offerings include cost savings, low maintenance, and quick time-to-market. The APM software also aids in data analytics by studying the large volume of data that flows into the APM repositories. Data analytics gives insights to end-users and helps them in making strategic business decisions.
“With increased adoption of ‘bring your own device’ policy in organizations across the world, employees are increasingly accessing enterprise applications on their handheld devices to perform work-related tasks. Hence, the need to monitor application performance on mobile phones and tablet devices is rising continuously. Monitoring on mobile devices can be done through real user experience monitoring,” says Faisal Ghaus, Vice President of Technavio.
“APM reporting needs to deliver performance metrics and its result to mobile devices for the operations’ administrators. Therefore, mobile devices are increasingly being used in enterprises, and APM solutions must be able to monitor end-user experiences and application performance.”
Key Market Drivers:
- Increased Demand for Cloud-based APM Solutions.
- Increased Need to Improve Business Visibility.
- Need to Enhance Business Productivity.
- Reduced Operational Costs.
Key Market Trends:
- Increased Demand for APM on Mobile Devices.
- Increase in Demand for Big Data Analytics.
- Evolving IT Infrastructure.
Key Market Vendors:
- CA Technologies
- Dynatrace
- HP
- IBM
- Microsoft
- Riverbed Technology
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
