(MENAFN- GlobeNewsWire - Nasdaq) Wilmington, Delaware, Oct. 17, 2023 (GLOBE NEWSWIRE) -- According to RationalStat 's most recent industry report, the Global Mobile Application Performance Monitoring Software Market value is estimated at US$ 2,230.2 million in 2023 and is expected to rise at a strong CAGR of over 12.8% over the forecast period of 2023-2030

Market Definition, Market Scope, and Report Overview

Mobile application performance monitoring (APM) software is a technology that enables businesses to monitor, analyze, and optimize the performance and user experience of mobile applications. These software solutions provide insights into various aspects of mobile app performance, such as app responsiveness, load times, error rates, and user interactions.

APM tools for mobile devices give useful data and insights into user behavior, app usage patterns, and performance indicators. Businesses use this data to make informed decisions, improve app features, and adjust marketing campaigns, resulting in increased business growth.

• According to a deep-dive market assessment by RationalStat, the global Mobile Application Performance Monitoring Software market has been analyzed on the basis of market segments, including type, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific) . The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
• Market intelligence for the global Mobile Application Performance Monitoring Software market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
• In addition, the long-term sector and products/services 10-year outlook and its implications on the global Mobile Application Performance Monitoring Software market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Mobile Application Performance Monitoring Software Market: Segmental and Market Share Analysis

• Based on application, SMEs are significant segment for propelling the market growth due to rise in adoption of mobile and cloud technologies by various organizations.
• Based on type, cloud-based segment dominate the global mobile application performance monitoring software market. As advancement sin digital technologies have changed the way of interaction.

Report Synopsis

Report Metrics	Details
Base Year	2023
Forecast Period	2023-2030
Base Year Market Size	US$ 2,230.2 million
Market Size Forecast	US$ 5,183.7 million
Growth Rate	12.8%
Dominant Segment	Cloud
Dominant Region	North America
Key Market Drivers	Technological innovation and advancements Growth of mobile commerce Increasing adoption of smartphones
Companies Profiled	AppDynamics LLC (Cisco Systems Inc.) New Relic Inc. Dynatrace LLC IBM Corp Broadcom Inc. Microsoft Corporation Mic Focus International PLC Datadog Inc. SignalFX Akamai Technologies Inc.

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Competition Analysis and Market Structure

Leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global mobile application performance monitoring software market include,

• In April 2020, Ensono introduced a new application performance management (APM) tool that offers clients in-depth analysis of application performance while reducing downtime and enhancing stability.

Some of the prominent players, software developers, and brands operating and contributing significantly to the global mobile application performance monitoring software market growth include AppDynamics LLC (Cisco Systems Inc.), New Relic Inc., Dynatrace LLC, IBM Corp, Broadcom Inc., Microsoft Corporation, Mic Focus International PLC, Datadog Inc., SignalFX, and Akamai Technologies Inc. , among others.

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RationalStat has segmented the global mobile application performance monitoring software market based on type, application and region

• Global Mobile Application Performance Monitoring Software Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
  • On-premise
  • Cloud
  • Hybrid
• Global Mobile Application Performance Monitoring Software Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
  • Small and Medium Enterprises
  • Large Enterprises
• Global Mobile Application Performance Monitoring Software Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
  • North America Mobile Application Performance Monitoring Software Market
    • US
    • Canada
  • Latin America Mobile Application Performance Monitoring Software Market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Mobile Application Performance Monitoring Software Market
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Mobile Application Performance Monitoring Software Market
    • Russia
    • Poland
    • Hungary
    • Other CIS Countries
    • Rest of Eastern Europe
  • Asia Pacific Mobile Application Performance Monitoring Software Market
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN
      • Indonesia
      • Thailand
      • Philippines
      • Vietnam
      • Malaysia
      • Rest of ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa Mobile Application Performance Monitoring Software Market
    • GCC
      • Saudi Arabia (KSA)
      • United Arab Emirates (UAE)
      • Rest of the GCC
    • South Africa
    • Nigeria
    • Turkey
    • Rest of the Middle East & Africa

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Key Questions Answered in the Mobile Application Performance Monitoring Software Report:

• What will be the market value of the global mobile application performance monitoring software market by 2030?
• What is the market size of the global mobile application performance monitoring software market?
• What are the market drivers of the global mobile application performance monitoring software market?
• What are the key trends in the global mobile application performance monitoring software market?
• Which is the leading region in the global mobile application performance monitoring software market?
• What are the major companies operating in the global mobile application performance monitoring software market?
• What are the market shares by key segments in the global mobile application performance monitoring software market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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About RationalStat LLC

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

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