The Global Market for Application Performance Management (APM) Software is Projected to Reach US$5 Billion by 2020

Need to Monitor Performance of Complex, Business-Critical Applications to Drive the Application Performance Management Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Application Performance Management (APM) market. The global market for Application Performance Management (APM) software is projected to reach US$5 billion by 2020, driven by the growing need to monitor performance of applications in complex software-defined enterprises.

Over the past decade, applications have emerged as the lifeline of business operations, and evolved to become the primary means of engagement with different stakeholders, namely customers, channel partners, and supply chain players. With applications directly impacting business processes, application-centric models are becoming the norm for businesses and enterprises. Additionally, the evolving IT landscape and the constantly changing business requirements are enhancing complexity of various IT systems in organizations. Businesses are also being confronted by the growing complexity of business processes, driving vendors to focus on the development of applications for analyzing and resolving several of the complex issues facing businesses worldwide. Delivery of digital services is also becoming highly complex owing to the multiplicity of code platforms, mobile-first strategy, hybrid cloud architectures, and faster release cadences. Given the growing reliance on highly complex applications, brand image, loyalty and more importantly revenues have come to rely extensively on the availability and performance of applications. Since keeping track of developments occurring within such complex environments is a massive operation, there is a need to shift away from basic resource monitoring towards comprehensive APM (application performance management).

The global APM market is witnessing a phase of invigorated growth led by revolutionary developments, specifically cloud and DevOps technology, along with innovations in the areas of real-time monitoring and analytics. Demand for APM software is driven primarily by the growing need to gain better business visibility. Demand is growing for solutions that allow enterprises to monitor various applications, in order to enhance customer satisfaction and improve operational efficiency. In the coming years, APM software market is forecast to grow at a rapid pace driven by the increasing emphasis of app development and IT operations, as a means to rapidly deploy and update critical applications. Demand will also benefit from the rising adoption of devOps continuous delivery methodologies, which require both developers and operations teams to share insights on various aspects including real-time production load tests and evaluation of end-user experience for various end-users, among others. Shifting trends in IT usage as seen by the rising prominence of cloud and mobile platforms are also expected to drive demand for APM capabilities in the coming years. Especially, the rising demand for APM-as-a-service (APMaaS) presents considerable opportunities for growth in the market.

As stated by the new market research report on Application Performance Management (APM), the United States represents the largest regional market worldwide. Asia-Pacific is poised to grow at the fastest CAGR of 12% over the analysis period.

Major players in the market include AppDynamics Inc., AppNeta, BMC Software Inc., CA Technologies Inc., Dynatrace LLC, Hewlett Packard Enterprise Development Company, International Business Machines (IBM) Corporation, ManageEngine, Microsoft Corporation, Nastel Technologies Inc., New Relic Inc., Oracle Corporation, Quest Software Inc., Riverbed Technology Inc., SolarWinds Worldwide LLC, and Splunk Inc. among others.

The research report titled “Application Performance Management (APM): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, UK and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa and Latin America. Global market for APM software is analyzed by the operating systems – Mainframe, Unix, Windows and Others.

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