Worldwide Application Performance Management Software Forecast, 2020-2024

Worldwide Application Performance Management Software Forecast, 2020-2024

  • October 2020 •
  • 14 pages •
  • Report ID: 3374491 •
  • Format: PDF
This IDC study presents a five-year forecast for the worldwide application performance management (APM) software market as of September 2020. This study updates the previous forecast published in Worldwide Application Performance Management Software Forecast, 2019-2023 (IDC #US45420319, August 2019)."In 2019, the worldwide application performance management software market grew an estimated 14.5% over that in 2018, in large part because of increased demand for solutions designed to support DevOps and multicloud infrastructure initiatives," explains Stephen Elliot, program vice president, Enterprise System Management Software. "As a result, APM is providing value to a much wider range of developers and IT operations teams that need constant, current visibility into end-to-end application performance and end-user experience."
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