target audience: TECH SUPPLIER Publication date: Nov 2022 - Document type: Market Forecast - Doc Document number: # US49812922
Worldwide Application Performance Management Software Forecast, 2022–2026: Observability Drives Growth
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Abstract
This IDC study presents a five-year 2022–2026 forecast for the worldwide applications performance management software market as of October 2022. This study updates the previous forecast published in Worldwide Application Performance Management Software Market Forecast, 2021-2025: Market Pivots to Observability (IDC #US48353021, November 2021).
"The worldwide application performance management software market is achieving growth in large part because of increased demand for solutions designed to support DevOps and multicloud infrastructure initiatives," explains Stephen Elliot, group vice president, Infrastructure and Operations, Cloud Operations, and DevOps at IDC. "The APM market is providing value to a much wider range of developers, IT operations, and site reliability (SRE) teams that need constant, current visibility into end-to-end application performance and end-user experience."