Frost & Sullivan: Mobility and DevOps Propel Global Application Performance Monitoring and Application Aware Network Performance Monitoring Markets
- Offering a phased APM and AANPM implementation plan will help solution providers alleviate interoperability issues
MOUNTAIN VIEW, California, July 24, 2014 /PRNewswire/ -- With the proliferation of trends such as mobility and DevOps, the convergence of software development and IT operations, into IT infrastructure, enterprises have realized the importance of a solution that can proactively monitor application performance. This need to ensure performance while reducing outages and network-related issues is lending momentum to the global application performance monitoring (APM) and application aware network performance monitoring (AANPM) market.
Photo - http://photos.prnewswire.com/prnh/20140724/130040
New analysis from Frost & Sullivan, The Global Application Performance Monitoring and Application Aware Network Performance Monitoring Market, finds that the market earned revenue of $2.55 billion in 2013 and estimates this to reach $7.19 billion in 2020.
For complimentary access to more information on this research, please visit: http://bit.ly/1pI5tGN.
DevOps and enterprise mobility practices have undoubtedly increased tier complexity, taking a toll on business performance. Enterprises can no longer afford to take a reactive stance, but instead need to be proactive and solve issues when they appear.
"APM and AANPM vendors are also capitalizing on the big data trend," said Frost & Sullivan Measurement and Instrumentation Research Associate Rohan Joy Thomas. "With the exponential rise in digital data, firms require innovative solutions that are faster, simpler and that help retrieve information in the least amount of time."
However, the APM and AANPM market faces numerous challenges that are yet to be overcome. For example, APM and AANPM product integration into businesses with a well-established IT environment is an issue creating several blind spots that compromise visibility and performance.
Furthermore, the consolidation of the market in the past few years has contributed to integration concerns. Nevertheless, it has also brought specialists and niche participants together to provide a fuller and more enriching experience to the end user. Market consolidation has, to a certain degree, also helped address high attrition rates.
"To alleviate interoperability issues, most participants are offering a phased APM and AANPM implementation plan, which enables the hosting of business processes with an integrated APM and AANPM solution in the least possible time," remarked Thomas. "In addition, vendors must provide differentiated products and services to reach a wider consumer base in the global APM and AANPM market."
The Global Application Performance Monitoring and Application Aware Network Performance Monitoring Market is part of the Test & Measurement (http://www.testandmeasurement.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Cloud Infrastructure Testing and Cloud-based Application Performance Monitoring Market, Global Radio Frequency Testing Market, Global Fiber Optic Test Equipment Market, and Global Measurement Gages Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
The Global Application Performance Monitoring and Application Aware Network Performance Monitoring Market
NDD5-30
Contact:
Ariel Brown
Corporate Communications – North America
P: 210.247.2481
E: Ariel.Brown@frost.com
Twitter: @Frost_Sullivan
Facebook: FrostandSullivan
Linkedin: Future of Measurement and Instrumentation
Share this article