The global Application Performance Management market was valued at 5.7 billion USD in the year 2020 that is expected to reach 11.9 billion USD by the end of 2027 with a compound annual growth rate of 11.2% during the outlook period of 2021 to 2027. The market value of application performance management is expected to increase more with the rising work from home trend around the world.
Recent Market Developments
Driving Factors
Adoption in large enterprises is one of the major driving factor of the global Application Performance Management market growth rate. Also, the enhanced capabilities of hybrid clouds that are promoting the adoption of these APM systems into large enterprises is acting as a principal element in development of this industry, which is further supposed to propel the business in the coming years.
Enhanced security and control over data are some of the growth supporting factors of the market of Application Performance Management. Increasing awareness among smaller enterprises and demand for cost effective systems are some other prominent aspects that propels the growth of the global Application Performance Management business in terms of revenue rate.
In addition, the increasing investments by the companies from emerging economies such as India, Brazil and China for new product innovation boosts the growth of the market for Application Performance Management.
Challenges
On the flip side, the high cost of the manufacturing equipment hinders the growth of the worldwide Application Performance Management Market. Another major restraint that is affecting the expansion of the market was the privacy issues.
Segmentation Analysis
The global Application Performance Management market is segmented on the basis of platform type, on the basis of deployment mode, on the basis of vertical, on the basis of user type, on the basis of access type and on the basis of geography.
Regional Analysis
The global Application Performance Management market is studied in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Europe region (Italy, UK, Germany, Spain, France and rest of Europe), Asia Pacific region (India, Japan, China, Australia and rest of Asia Pacific) and LAMEA.
North America region holds the major share of the market due to the rapid rise in the revenue rate especially in United States and Canada, which is also expected to continue over the projection period.
Asia Pacific region holds the second largest share of the market of Application Performance Managements due to the increasing awareness among small enterprises and surge in investments by public and private players in the nations like China, Japan, India, and others.
Europe region is expected to witness an increase in the market value of Application Performance Managements because of the rising launch of new products by the companies in this locale.
Key market players
Some of the key players of the global Application Performance Management market are Compuware, Dell, Riverbed Technology, IBM, HP, CA Technology, Microsoft, AppDynamics, and New Relic.
Due to the lockdown caused by coronavirus, companies are forced to halt their manufacturing units for a period of time to eradicate the spread of COVID-19 as it was spreading at a rapid speed from one person to another. This situation may continue until the vaccine for the corona virus has released. But the enterprises are facing some difficulties because of the unexpected financial losses caused by the pandemic and are looking for different alternatives to bring back their business in a right path. However, it is supposed to take some while until everything will be back to normal.
Corona virus has impacted the global industries in three ways, by directly affecting production and demand, by creating supply chain disruption, and by its financial impact on firms because of the strict lockdown implemented all around the world in both developed and developing nations. As the lockdown has been relaxed in all the countries with some strict regulations by the government authorities, all the industries restarted their production units.
As per the analysis, the market of Application Performance Management is expected to record a surge in revenue rate in the next few months due to increased demand from both inpatient needs and IT connectivity.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Application Performance Management Market, By Platform Type
6.1.1 Software
6.1.2 Services
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Application Performance Management Market, By Deployment Mode
6.2.1 On-Premises
6.2.2 Cloud
6.2.3 Hybrid
6.2.4 Market Size Estimations & Forecasts (2021-2026)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Application Performance Management Market, By Vertical
6.3.1 Banking, Financial Services and Insurance
6.3.2 Manufacturing
6.3.3 Government
6.3.4 Healthcare
6.3.5 Retail
6.3.6 IT and Telecom
6.3.7 Logistics
6.3.8 Media and Entertainment
6.3.9 Education
6.3.10 Market Size Estimations & Forecasts (2021-2026)
6.3.11 Y-o-Y Growth Rate Analysis
6.3.12 Market Attractiveness Index
6.4 Application Performance Management Market, By User Type
6.4.1 Small and Medium Sized Businesses
6.4.2 Large Enterprises
6.4.3 Market Size Estimations & Forecasts (2021-2026)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
6.5 Application Performance Management Market, By Access Type
6.5.1 Web
6.5.2 Mobile
6.5.3 Market Size Estimations & Forecasts (2021-2026)
6.5.4 Y-o-Y Growth Rate Analysis
6.5.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Platform Type
7.2.3 By Deployment Mode
7.2.4 By Vertical
7.2.5 By User Type
7.2.6 By Access Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Platform Type
7.3.3 By Deployment Mode
7.3.4 By Vertical
7.3.5 By User Type
7.3.6 By Access Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Platform Type
7.4.3 By Deployment Mode
7.4.4 By Vertical
7.4.5 By User Type
7.4.6 By Access Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Platform Type
7.5.3 By Deployment Mode
7.5.4 By Vertical
7.5.5 By User Type
7.5.6 By Access Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Platform Type
7.6.3 By Deployment Mode
7.6.4 By Vertical
7.6.5 By User Type
7.6.6 By Access Type
8. Key Player Analysis
8.1 Compuware
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Dell
8.3 Riverbed Technology
8.4 IBM Corp
8.5 HP
8.6 CA Technology
8.7 Microsoft Corp
8.8 AppDynamics
8.9 New Relic
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
