With the proliferation of trends such as mobility and DevOps, and the convergence of software development and IT operations into IT infrastructure, enterprises are realizing the importance of having solutions that can proactively monitor application performance, says research firm Frost & Sullivan.
This need to ensure performance while reducing outages and network-related issues is fueling growth of the global application performance monitoring and application-aware network performance monitoring market, the firm says in new study. It says the market earned revenue of $2.55 billion in 2013 and estimates this will reach $7.19 billion in 2020.
DevOps and enterprise mobility practices have undoubtedly increased tier complexity, and this has taken a toll on business performance, the study says. Enterprises can no longer afford to take a reactive stance, but need to be proactive and solve issues when they appear.
"APM and AANPM vendors are also capitalizing on the big data trend," Rohan Joy Thomas, Frost & Sullivan measurement and instrumentation research associate, said in a statement. "With the exponential rise in digital data, firms require innovative solutions that are faster, simpler and that help retrieve information in the least amount of time."
But the APM and AANPM market faces numerous challenges. For example, the consolidation of the market in the past few years has contributed to integration concerns. "To alleviate interoperability issues, most participants are offering a phased APM and AANPM implementation plan, which enables the hosting of business processes with an integrated APM and AANPM solution in the least possible time," Thomas said.
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