News Release

2020 Synthetic Monitoring Market Forecast Analysis by Trends, Major Companies Analysis, Growth Rate by Regions, Company Overview till 2024

Synthetic

The “Synthetic Monitoring Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Synthetic Monitoring market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Synthetic Monitoring market report also includes new upcoming technology of Synthetic Monitoring Industry that will help to our clients.

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Market Overview:

  • The global synthetic monitoring market is expected to grow at a CAGR of over 18.27% during the forecast period (2019-2024). SLA (Service Level Management) is coming in trends in digitalization, cloud and IoT, which are bringing a torrent of third-party service dependencies such as SaaS, DNS, CDN, and even APIs, which is changing the nature of end-user experience monitor. Also due to critical need to simulate users’ interactions with increasing complex digital services running on increasing dynamic, distributed, and heterogeneous environments, the market is spurring for the rise of modern synthetic monitoring technology. This will remove the drawback for noise and false alerts too.
  • – Implementation of SLA, where the SLA document lays down all relevant metrics which describes the parameters of the work which are different points of measurement and their values. Tracking and monitoring is executed based on these parameters.
  • – The value for each SLA parameter is agreed upon between the vendor and their clients and if there is any deviation from the SLA, penalty rules are executed as agreed between both parties.
  • – Synthetic monitoring enables companies to scale these SLAs, by simulating the actual environment. This allows the vendors and the website owners to abide by and manage the agreements, respectively, which is a key driver for the market.
  • – There is an increase in microservices driving the development of applications that is expected to drive the market growth.
  • – The need to deliver more functionality and reliability faster has been revolutionized. Containers (black boxes) gained prominence as the building blocks of microservices.
  • – The speed, portability, and isolation of containers made it easy for developers to embrace a microservice model by leveraging a universal kernel-level instrumentation approach to see all application and container activity on anyone’s hosts.

    Synthetic Monitoring Market Covers Key Players:

  • CA Technologies
  • Dynatrace LLC
  • SmartBear Software
  • HP Enterprise
  • Dell Technologies
  • BMC Software, Inc.
  • Oracle Corporation
  • IBM Corporation
  • Rigor, Inc.
  • SolarWinds Inc.
  • Bitbar
  • AppDynamics (Cisco)
  • New Relic, Inc.
  • Apica AB
  • Monitis Inc.

    Some Major Points Covered in Synthetic Monitoring Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • Synthetic monitoring tools enable an end-to-end view of a system’s behavior. The major forces driving this market are the growing need for monitoring and management of numerous complicated applications with rising need for DevOps, and assurance of meeting SLA’s. In addition, the growing need for deployment of enterprise application on third-party platforms with enhanced monitoring solutions helps to boost the adoption of synthetic monitoring solutions.

    Key Market Trends:

    Mobile Application Monitoring to Stimulate the Market Growth

    – With the increasing adoption of mobile devices worldwide, there has been a subsequent rise in mobile device website traffic which makes it important to make sure that a website loads quickly and displays information correctly. These factors are expected to drive the demand for mobile application synthetic monitoring.
    – Mobile monitoring saves time and reduces friction between teams with no lengthy meetings, debates, or speculation on what needs to be investigated. It optimize performance for web apps, responsive design, and mobile-enabled sites.
    – The most common factor of use of mobile application monitoring is to automate testing for native, hybrid, or iOS and Android apps. These aid companies to create tests once and run it on multiple devices, with different screen sizes and resolutions.
    – Combining synthetic monitoring with real devices is a great way to get a detailed view of the app performance which is a key trend in the growth of the synthetic monitoring market.

    North America Accounted for a Significant Share

    – The market in North America is increasing due to the critical need for pro-active monitoring of increasing complex applications and rising adoption of cloud-based application and DevOps application is increasing the adoption of synthetic application monitoring.
    – North America, consumers are increasingly preferring online platform for varied services, even in conventional markets, because of which, companies are focusing on improving their application management services.
    – In addition to this rise in DevOps, the region also marks a significant demand for SaaS-based applications. The United States is expected be the largest market for public cloud services, by the end of 2018, as the discrete manufacturing, professional services, and banking are investing heavily into cloud adoption.

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    Detailed TOC of Synthetic Monitoring Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Implementation of SLA for Monitoring
    4.3.2 Increase in Microservices for More Functionality and Reliability
    4.4 Market Restraints
    4.4.1 No Real-Time Monitoring for End Users
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 TECHNOLOGY SNAPSHOT

    6 MARKET SEGMENTATION
    6.1 By Type
    6.1.1 API Monitoring
    6.1.2 Website Monitoring
    6.1.3 Mobile Application Monitoring
    6.2 By End-user Vertical
    6.2.1 BFSI
    6.2.2 IT and Telecommunication
    6.2.3 Retail
    6.2.4 Government
    6.2.5 Manufacturing and Automotive
    6.2.6 Military and Defense
    6.2.7 Other End-user Verticals
    6.3 Geography
    6.3.1 North America
    6.3.2 Europe
    6.3.3 Asia-Pacific
    6.3.4 Latin America
    6.3.5 Middle East & Africa

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 CA Technologies
    7.1.2 Dynatrace LLC
    7.1.3 SmartBear Software
    7.1.4 HP Enterprise
    7.1.5 Dell Technologies
    7.1.6 BMC Software, Inc.
    7.1.7 Oracle Corporation
    7.1.8 IBM Corporation
    7.1.9 Rigor, Inc.
    7.1.10 SolarWinds Inc.
    7.1.11 Bitbar
    7.1.12 AppDynamics (Cisco)
    7.1.13 New Relic, Inc.
    7.1.14 Apica AB
    7.1.15 Monitis Inc.

    8 INVESTMENT ANALYSIS

    9 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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