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Synthetic Monitoring Market to Grow at 19.3% CAGR by 2024 Followed by CA Technologies, IBM, BMC Software, Dell, Dynatrace, Microsoft, Hewlett Packard Enterprise, AppDynamics, New Relic, Inc., Riverbed Technology, Splunk, Apica, SciVisum Ltd

The new 19.3% CAGR value for the Global Synthetic Monitoring Market is changing the Face of Information and Communication Technology industry. The report highlights the many benefits of this market. As per the findings of the research report, primary and secondary researches have been conducted in this report.

This report presents a comprehensive overview, market shares and growth opportunities of Synthetic Monitoring Market by monitoring type, application, key companies and key regions. The Synthetic Monitoring Market report has stats like consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2014 to 2015, market forecast 2017 to 2024 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2024, etc.

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Some of the major players of the global synthetic monitoring market are

CA, IBM Corporation, BMC Software, Inc., Dell Inc., Dynatrace LLC, Microsoft, Hewlett Packard Enterprise Development LP, AppDynamics, New Relic, Inc., Riverbed Technology, Splunk Inc., Apica, SCIVISUM LIMITED, Catchpoint Systems, Inc, bitbar, RIGOR, Salesforce, and others.   

Company Share Analysis:

The report for synthetic monitoring market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Market Definition:

Synthetic monitoring is a process of monitoring the applications by using robotic agents to simulate the real user’s interaction. It also includes testing of applications before launching it to the end-users. The synthetic monitoring tools have ​​HTTP, automatic cookie handling, cross platform support, load generation, response verification, an execution and monitoring console, real-time stats, GUI or console modes, custom timers, and others. It is widely applicable in banking, financial services, and insurance, government and defense, IT and telecom, healthcare, retail, automotive, transportation, and logistics, media and entertainment, and others. Critical need for pro-active monitoring, and management of increasing complex applications may act as the major driver in the growth of synthetic monitoring market. On the other hand lack of expertise and skill set may hinder the market.

Major Market Drivers & Restraints:

  • Micro services driving the development of applications
  • Critical need for pro-active monitoring
  • Management of increasing complex applications
  • Importance of DevOps
  • SLA parameters evaluation latency issues
  • Ease of deployment
  • Lack of expertise and skill set
  • Lack of real time application

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Market Segmentation:

On the basis of component:

  • Monitoring Type
  • Services

On the basis of monitoring type:

  • API Monitoring
  • Saas Application Monitoring
  • Mobile Application Monitoring
  • Web Application Monitoring

On the basis of service:

  • Managed Services
  • Professional Services

On the basis of organization size:

  • Small And Medium Enterprises (SMES)
  • Large Enterprises

On the basis of deployment model:

  • Hosted
  • On-Premises

On the basis of vertical:

  • Banking
  • Financial Services, and Insurance
  • Government and Defense
  • It and Telecom
  • Healthcare
  • Retail
  • Automotive
  • Transportation, and Logistics
  • Media and Entertainment
  • Others

On the basis of geography:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Market Analysis:

The Global Synthetic Monitoring Market accounted for USD 962.7 million in 2016 growing at a CAGR of 19.3% during the forecast period of 2017 to 2024.

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