Application Performance Management Market Insights:
Application performance monitoring (APM) is an area of information technology (IT) that make sure software application programs perform as expected. The goal of performance monitoring is to provide end users a quality experience. Application performance signifies how quickly transactions are accomplished or details are sent to the end-users using a particular application. Application performance management is commonly used for web applications built on Microsoft .NET and JEE platforms.
Application performance is incredibly important for nearly every industry, but the stakes are especially high for healthcare organizations. For hospitals and other healthcare providers, poor application performance invariably translates to poor patient care. To ensure that patients receive the best care possible, healthcare IT teams must monitor the performance of a range of applications: electronic health records (EHR) applications; picture archiving and communications systems (PACS); and legacy systems for laboratory, pharmacy, imaging, and order entry. At the same time, these IT teams are being asked to support policy compliance and new IT initiatives, especially mobile applications. The trend of adopting IT is already embedded in the healthcare industry, with doctors and other caregivers expecting to be able to access applications through mobile devices such as BlackBerrys, iPhones, Android phones, and iPads.
The network-based ExtraHop Application Performance Management Market solution helps healthcare IT teams confidently support mobility initiatives as well as traditional application monitoring. With real-time metrics for all tiers of the application environment, the ExtraHop system provides the correlated, cross-tier visibility that IT teams need to accomplish their most pressing application performance management tasks.
With the increasing adoption of cloud computing and virtualization, many organizations are looking at application management to make their businesses more efficient. Coupled with that, the increasing complexity of applications across multiple platforms also prompted enterprises to adopt APM solutions, to monitor and manage the performances of these applications.
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Major Key Players:
Eminent key players that have been recorded in MRFR’s comprehensive report include Compuware Corporation, Microsoft Corporation, IBM Corporation, Hewlett Packard, AppDynamics, Oracle Corporation, and CA Technologies among others. These players employ various market strategies with R&D activities, product innovation and acquisitions being some of the leading strategies.
Market Segmentation:
Market Research Future has performed a detailed segmental evaluation which has been done on the basis of platform, deployment, organization size, access type, vertical, and region. By platform, the market is segmented into service and software. The service segment is further classified into deployment & integration, training & education and support & maintenance.
- By deployment, the market is divided into on-cloud, on-premise and hybrid.
- By organization size, the market is segmented into small & medium enterprises, and large enterprises.
- Based on access type, the market is segmented into mobile APM and web APM.
- By verticals, the market is segmented into manufacturing, BFSI, government, healthcare, retail, logistics, and others.
- The global market for APM has been divided to include North America, Europe, Asia-Pacific and the Rest of the World.
Regional Analysis:
The global application performance management market is led by North America. Increasing level of competition among businesses to solve, analyze and mend business processes is driving the market in the region. CA Technologies announced new additions to CA’s DevOps portfolio that span development to production including all supporting technologies from clouds to devices, and everything in between to improve the user experience across dynamically changing applications, infrastructure, and networks.
The Asia Pacific is a rapidly emerging region in application performance management market. The market was significantly fuelled by verticals such as BFSI, e-commerce, healthcare, online retail, and IT & ITES.
Latest Industry News:
New Relic APM has added distributed tracing to its product offering in an effort to make the tracing of failure points more manageable and easy particularly in complex computing architectures in large enterprises. Additionally, the company has announced that customers with New Relic APM Pro subscriptions can avail the new feature by making the relevant updates at no extra cost.
Instana, a leading APM provider has announced the public Beta of its new .NET Core Distributed Tracing and Automatic Performance Monitoring. This APM instrument is aimed at automating the monitoring and management process.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…..
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List of Tables
Table 1 Global Application Performance Management Market: By Region, 2017-2023
Table 2North America Application Performance Management Market: By Country, 2017-2023
Table 3 Europe Application Performance Management Market: By Country, 2017-2023
Continued…..
List of Figures
Figure 1 Global Application Performance Management Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Application Performance Management Market
Continued…..
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