Press release
+19.00% CAGR of Synthetic Monitoring Market Analysis by CA Technologies Inc., BMC Software Inc., IBM Corporation, Dell, Dynatrace LLC, Microsoft Corporation, Hewlett Packard Enterprise Development LP, AppDynamics, New Relic, Inc., Riverbed Technology
The Synthetic Monitoring Market research is a one stop solution for the clients looking for an ideal market solution. While setting up this Synthetic Monitoring Market research report, no stone is left unturned to think about open demands, abilities and the steady development of the working business, energetic revealing, and high information security administrations. This report contains organization profiling, item picture and details, deals, piece of the overall industry and contact data of different universal, provincial, and nearby merchants of Synthetic Monitoring Market. The report gives a large scale evolution of market trends and prospects.This Synthetic Monitoring Market research Report is prepared to enable associations and clients to perceive and choose the right answer for their present and future needs. The report centers on the genuine drivers and confinements for the key players. It gets some answers concerning the distinctive market frameworks that are being gotten by driving associations. It allows a five-year gauge assessed reliant on how the Synthetic Monitoring Market is foreseen to create. It gives vigilant examination of changing test components and keeps you before contenders.
Global Synthetic Monitoring Market is expected to rise from its initial estimated value of USD 1.36 billion in 2018 to an estimated value of USD 5.48 billion by 2026, registering a CAGR of 19.00% in the forecast period of 2019-2026. This rise in market value can be increasing levels of adoption of Micro services driving the development of applications.
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Major Market Competitors/Players
Few of the major competitors currently working in the Synthetic Monitoring market are
• CA Technologies Inc. (U.S.),
• BMC Software Inc. (U.S.),
• IBM Corporation (U.S.),
• Dell (U.S.),
• Dynatrace LLC (U.S.),
• Microsoft Corporation (U.S.),
• Hewlett Packard Enterprise Development LP (U.S.),
• AppDynamics (US),
• New Relic, Inc. (US),
• Riverbed Technology(US),
• Splunk Inc. (US),
• Apica (Sweden),
• SCIVISUM LIMITED (UK),
• Catchpoint Systems, Inc (US),
• bitbar (Finland),
• RIGOR (Georgia),
• com, inc (US),
• Broadcom (US),
• Catchpoint Systems, Inc. (US)
Market Definition:
Synthetic monitoring is a process of monitoring the applications by using robotic agents to simulate the real user’s interaction. It also includes testing of applications before launching it to the end-users. The synthetic monitoring tools have HTTP, automatic cookie handling, cross platform support, load generation, response verification, an execution and monitoring console, real-time stats, GUI or console modes, custom timers, and others. It is widely applicable in banking, financial services, and insurance, government and defense, IT and telecom, healthcare, retail, automotive, transportation, and logistics, media and entertainment, and others. Critical need for pro-active monitoring, and management of increasing complex applications may act as the major driver in the growth of synthetic monitoring market. On the other hand lack of expertise and skill set may hinder the market.
Market Drivers:
• There is increase in micro services driving the development of applications that is expected to drive the market growth.
• There is high demand for pro-active monitoring is driver for the market.
• There is high demand for management complex applications is driving the market.
• Evaluation of SLA parameters, latency issues is also expected to drive the market growth.
Market Restraints:
• There is lack of awareness and skilled workforce in Synthetic Monitoring. this is also expected to act as a restraint to the market growth.
• Lack of expertise and skill set is expected to act as a restraint to the market growth.
• Lack of real time application. This is also expected to act as a restraint to the market growth.
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Segmentation:
By Component
• Monitoring Type
o API Monitoring
o SaaS Application Monitoring
o Mobile Application Monitoring
o Web Application Monitoring
• Services
o Managed Services
o Professional Services
Business Consulting Services
Implementation Services
Training and Support Services
By Organization Size
• Small and Medium Enterprises
• Large Enterprises
By Deployment Model
• Hosted
• On-Premises
By Vertical
• Banking, Financial Services, and Insurance
• Government and Defense
• IT and Telecom
• Healthcare
• Retail
• Automotive, Transportation, and Logistics
• Media and Entertainment
• Others
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Key Developments in the Market:
• In March 2018, The Carlyle Group acquired NCC Group. NCC Group is a global expert in cyber security and risk mitigation. The acquisition is focused to add “SaaS-based, user-centric application performance, and portfolio of blue-chip.
• In Aug 2018, Novo Nordisk has acquired Bristol University’s Ziylo. Ziylo has developed synthetic molecules that are able to bind to glucose in the bloodstream. Focus of this acquisition is binding molecules discovered by the Ziylo team together with Novo Nordisk world-class insulin capabilities.
Competitive Analysis
Global synthetic monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of synthetic monitoring market for Global, Europe, North America, Asia-Pacific, South America, Middle East and Africa.
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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