A new market study, titled “Global Application Performance Management Market Research Report Size, Status and Forecast 2020-2023” has been featured on Market Research Future.
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Tools and processes responsible for monitoring and managing the performance and availability of software applications. Application performance management (APM) tools alert IT staff to disruptions in availability and/or quality to end users when accessing mission-critical applications. Applications monitored by APM tools can include traditional non-connected applications, Web-enabled applications, streaming apps, and cloud applications.
North America leads the global application performance management market. AppDynamics, an application performance management, and IT operations analytics company, launched Spring 17 APM platform. The company has included the AppDynamics Developer Toolkit, which aims at putting APM tooling into the hands of developers, allowing them to integrate that information into the workflow. The AppDynamics platform can be used to unlock information of many forms, from overall performance data to deep dive captures during a crisis. The Developer Toolkit also adds testing tools to the development lifecycle, which are capable of improving the developer’s view into the functioning of the overall application.
Asia Pacific region will maintain its momentum as enterprises in the region realize the importance of the reliable and high-speed performance of applications in the enterprise business environment.
BSEEN International Organization Ltd, a global operation focused on market entry and expansion for selected leading-edge technologies and Nastel, a premier global provider of business transaction performance solutions for mission-critical applications have entered into distribution partnership focusing on Asia Pacific region. Nastel’s application performance management solution, AutoPilot ensures the availability and performance of critical business applications via auto discovery, business transaction management, real-time monitoring, dynamic dashboards, complex event processing, application performance analysis, root cause analysis, proactive alerting and automated problem resolution.
The global application performance management market is analyzed on the basis of platform, deployment, vertical, organization size, access type, and region. On the basis of the platform, it is further classified into software and service. The service comprises of deployment and integration, training and education, and support and maintenance. Based on deployment, the segment is further segmented into cloud, on-premise, and hybrid. On the basis of the organization size, the application performance management market is further divided into medium enterprises, small, and large enterprises. On the basis of the access type, it is bifurcated into mobile APM and web APM. The application performance management is deployed in various verticals such as BFSI, manufacturing, government, healthcare, retail, logistics, and many more.
In its research report, Market Research Future (MRFR), emphasizes that the global application performance management market 2020 is expected to grow exponentially over the review period, securing a substantial market valuation and a healthy 13.5% CAGR over the review period.
Some of the key players in the market are IBM Corporation (U.S.), Hewlett Packard (U.S.), AppDynamics (U.S.), Oracle Corporation (U.S.), Compuware Corporation (U.S.), Microsoft Corporation (U.S.), CA Technologies (U.S.) among others.
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