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Application Performance Monitoring Suites Market : Evolving Technology, Trends and Industry Analysis 2017 - 2025
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The application performance monitoring suites allows the user to analyze their application performance by showing their page load time, response time, throughput, error rates, time-consuming transactions, track critical business transactions and many other. The application monitoring suites are used in various fields like in telecommunication, in IT services, banking, healthcare services, chemicals and many others. In the present scenario, some key players are investing in Application Performance Monitoring Suites and also an investment in research and developments of new suites are also trending.
With the increasing number of needs of an organization and elevation in the growth of industries, the demand for application performance monitoring suites is increasing. The benefits of suites like reduce downtime, reduce risk at an affordable cost, increased speed, flexibility, and improved business continuity gives rise to the demand for application performance monitoring suites and thus elevate the growth of its market.
The factors restraining the growth of application performance monitoring suites are that these suites are not able to detect all the application related problems, security issues in case of cloud network monitoring are some of the challenges in application performance monitoring suites.
Also, these suites are silo-bases that mean that whenever any performance problem occurs, these suites only look into their domain and since large applications have inter-dependencies this silo-based performance creates huge problems. Such factors significantly restrain the growth of application performance monitoring suites.
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The key players of application performance monitoring suites in the market are Quest Software Inc., BMC Software, Inc., Hewlett Packard Enterprise, Oracle Corporation, New Relic, Inc., IBM Corporation, Microsoft Corporation, CA Technologies, Riverbed technology and AppDynamics, Inc.
By Geography, the market of application performance monitoring suites is largest in North America since major key players are investing in these suites like IBM Corporation, Microsoft Corporation, Oracle Corporation and many others. Also, the market in Asia Pacific Region is also gaining traction since many key players are expanding their offerings and business in this region.
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