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The application performance management market size is forecast to increase by USD 26 billion at a CAGR of 30.07% between 2023 and 2028. The APM market is experiencing significant growth due to the increasing adoption of digital technologies, such as mobile applications and cloud microservices. IT organizations are focusing on ensuring the optimal performance of key business services, which rely heavily on transactions and the utilization of various application components. APM solutions are essential for maintaining visibility into application performance issues and device utilization, especially as the complexity of application architecture and dependency mapping continues to increase. Advanced IT operations teams are leveraging Artificial Intelligence for Operations (AIOps) tools to automate anomaly detection and root cause analysis. These tools enable problem resolution before issues significantly impact end-users. The need for real-time problem identification and resolution is crucial in today's fast-paced business environment. Traditional, first-generation APM solutions may not provide the necessary capabilities to address the complexities of modern application architectures. Therefore, organizations are turning to more advanced APM solutions and artificial intelligence to maintain application performance and ensure uninterrupted delivery of services.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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