Global Application Performance Management (APM) Software Market 2015-2019
About Application Performance Management Software
Application Performance Management Software refers to IT offerings that help organisations to detect, analyse, resolve, and report performance issues of their enterprise applications. The software ensures that applications perform and behave as expected. Generally, Application Performance Management is a part of the systems management department of an organization, and is used to monitor and manage the performance and availability of software applications so to provide seamless access to enterprise applications and provide near zero down time. It also helps organizations demonstrate the performance of business services and web transactions to their customers. The effective management of application performance has a positive impact on customers' business transactions, which in turn enhances revenue and improves brand value and overall customer loyalty. SaaS based Application Performance Management solutions are being increasingly adopted by both large and small organisations as they provide rapid time to market, cost effective and low maintenance options for deploying Application Performance Management solutions.
Technavio's analysts forecast the Global Application Performance Management Software Market to grow at a CAGR of 12.41 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Application Performance Management Software Market for the period 2015-2019. To calculate the market size, the report considers revenue generated from Application Performance Management software, solutions, tools, applications, services, support, and maintenance.
The report also presents the vendor landscape and a corresponding detailed analysis of the major five vendors in the market. It provides a geographical segmentation of the market for 2014 and details of the major drivers, challenges, and trends in the market. It also provides a segmentation based on operating environment in the market.Key Regions
Technavio Announces the Publication of its Research Report – Global Application Performance Management Software Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Application Performance Management Software Market: CA Technologies, Dynatrace, HP, IBM, Microsoft and Riverbed Technology
Other Prominent Vendors in the market are: Appdynamics, BMC Software, Dell, ExtraHop Networks, ManageEngine, New Relic and Oracle Corp
Commenting on the report, an analyst from Technavio’s team said: “Increased adoption of big data analytics is one of the key trends that are expected to negate the impact of the challenges mentioned above. Deployment of analytics together with big data helps organizations to gain real-time insights and take necessary actions before a performance degradation event occurs. This would lead to reduced downtime and increased customer satisfaction and higher profits for organizations deploying APM solutions.”
According to the report, increased need to gain business visibility has led to rise in demand for APM solutions. Organizations are demanding solutions that provide real-time intelligence and insights about the performance of their various enterprise applications and can monitor them for achieving customer satisfaction and enhancing operational efficiency.
Further, the report states that due to the evolving IT landscape and varying business requirements, complexity of IT systems in organizations has grown multifold. Today, organizational data rests on varied sources both internal as well as external. This makes it very complex for organizations to monitor applications, which acts as a major challenge for the market.
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