DUBLIN, Sept. 14, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/c2j897/global) has announced the addition of the "Global Application Performance Management (APM) Software Market 2015-2019" report to their offering.
The Global Application Performance Management Software Market to grow at a CAGR of 12.41 percent over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Global Application Performance Management Software Market for the period 2015-2019. To calculate the market size, the report considers revenue generated from Application Performance Management software, solutions, tools, applications, services, support, and maintenance.
Increased adoption of big data analytics is one of the key trends that are expected to negate the impact of the challenges mentioned above. Deployment of analytics together with big data helps organizations to gain real-time insights and take necessary actions before a performance degradation event occurs. This would lead to reduced downtime and increased customer satisfaction and higher profits for organizations deploying APM solutions.
According to the report, increased need to gain business visibility has led to rise in demand for APM solutions. Organizations are demanding solutions that provide real-time intelligence and insights about the performance of their various enterprise applications and can monitor them for achieving customer satisfaction and enhancing operational efficiency.
Further, the report states that due to the evolving IT landscape and varying business requirements, complexity of IT systems in organizations has grown multifold. Today, organizational data rests on varied sources both internal as well as external. This makes it very complex for organizations to monitor applications, which acts as a major challenge for the market.
- CA Technologies
- Riverbed Technology
Other Prominent Vendors
- BMC Software
- ExtraHop Networks
- New Relic
For more information visit http://www.researchandmarkets.com/research/c2j897/global
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SOURCE Research and Markets