Press release
Synthetic Monitoring Market 2023: Future Demand, Market Analysis & Outlook To 2029
Market Overview:Global Synthetic Monitoring Market was valued at USD 2.08 billion in 2021 and is expected to reach USD 7.26 billion by the year 2028, at a CAGR of 19.5%.
An approach to application monitoring known as synthetic or directional monitoring involves simulating a user and determining the user's path through the application. The most common paths for your application and information about the uptime and performance of crucial business transactions are provided by this targeted monitoring. The straightforward truth is that there is no simple method for joining the openness, consistency, and sensibility of a concentrated framework with the advantages of sharing, developing, cost, and independence of a dispersed framework. With this connection point, organizations look for guidance from their IT advancement and activities groups.
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Key Chapter Will Be Provided In The Report
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
Market Dynamics:
Driver:
Monitoring applications of the latest generation are being implemented into the day-to-day operations of new businesses. The fundamental driving element for the manufactured observing business sector incorporates the administration and proactive checking expected for complex applications, the assortment of microservices that empower better application advancement, the assessment of SLA boundaries, and the significance of DevOps. Key changes to drive Engineered Checking not long from now incorporate prescient examination, information-driven direction, client experience with the executives, the time of programming definition, and advances in application conveyance.
Opportunities:
Rapid Growth In The IT And Telecommunication Sector
Numerous business verticals' reliance on cloud infrastructure and the sector's rapid expansion presents a significant growth opportunity. A crucial component of on-premises, cloud, or hybrid infrastructure is efficient monitoring. IT managers are finding it increasingly challenging to rely on conventional IT monitoring tools that are not made to handle intricate infrastructure landscapes. These are actively moving to comprehensive monitoring solutions. Active monitoring is critical in complex infrastructures managed by many IT teams and where multiple networks, providers, and applications can consume all IT time and resources.
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Analysis of the Top Market Players:
• CA Technologies
• BMC Software
• IBM
• Dell
• Dynatrace
• Microsoft
• Splunkbase
• Appdynamics
• New Relic
• Riverbed and other major players.
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Segmentation of the Synthetic Monitoring Market
By Type
• Uptime Monitoring
• Page Speed Monitoring
• Transaction Monitoring
By Application
• API Monitoring
• Website Monitoring
• Mobile Application Monitoring
By End User
• BFSI
• IT and Telecommunication
• Retail and E-commerce
• Media and Entertainment
• Travel and Hospitality
• Others
Regional Analysis for the Synthetic Monitoring Market:
The North American market is growing due to the significant need for proactive monitoring of increasingly complex applications and the increasing adoption of cloud-based and DevOps applications. In North America, consumers are increasingly favoring online platforms for a variety of services, including traditional markets. As a result, enterprises are focused on improving application management services. In addition, with the increase in DevOps, there is also significant demand for SaaS-based applications in the region. By 2021, North America is projected to account for 48% of all large public cloud data centers known as hyper-scale data centers, according to the Cisco Global Cloud Index Report. IBM recently partnered with Bank of America. Under the agreement, Bank of America will be a dedicated partner to leverage the platform, host critical applications on IBM's public cloud, and serve 66 million banking customers.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Synthetic Monitoring Market:
In August 2019, SmartBear announced the acquisition of Bitbar, a provider of global advanced test automation platforms for mobile applications and device clouds. This transaction helps SmartBear use technically advanced test solutions in its existing product portfolio. With this acquisition, SmartBear will be able to take full advantage of automation to deliver higher quality software faster.
February 2020, Dynatrace announced a partnership with the U.S. Department of Veterans Affairs (VA) to introduce the Dynatrace software intelligence platform to significantly improve enterprise cloud visibility and support VA's cloud migration efforts.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Synthetic Monitoring Market by Type
5.1 Synthetic Monitoring Market Overview Snapshot and Growth Engine
5.2 Synthetic Monitoring Market Overview
5.3 Uptime Monitoring
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Uptime Monitoring: Geographic Segmentation
Continue.
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