Synthetic Monitoring

According to IMARC Group’s latest report, titled “Synthetic Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. the global synthetic monitoring market reached a value of US$ 960.7 Million in 2021. Synthetic monitoring, or synthetic testing, is a script utilized for examining overall application performance and generating simulated user behavior from multiple test points. It executes competitive analyses, detects downtime of the digital service, and provides insights on a business transaction. Synthetic monitoring can track application programming interface (API) from any location and frequency. 

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The increasing utilization of synthetic monitoring across the banking, financial services, and insurance (BFSI) sector for facilitating real user communication, providing 24/7 alerts about online portals, and detecting various specific elements is primarily driving the market growth.  In addition to this, the rising need for enhanced management and monitoring solutions of umpteen complex applications is providing an impetus to market growth. Other factors, such as increasing dependence on online banking services, rising number of technical issues, including poor coding, incompatible browser, and delays in loading, usually faced by customers during online website browsing, and rapid digitization in business processes, especially due to the sudden outbreak of COVID-19 pandemic, are creating a positive outlook for the market. Looking forward, IMARC Group expects the market to reach a value of US$ 2,292.70 Million by 2027, exhibiting a CAGR of 14.50% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global synthetic monitoringmarket, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, services, deployment mode, application and vertical.

Competitive Landscape:

  • BMC Software Inc
  • Broadcom Inc.
  • Catchpoint Systems Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise Development LP
  • International Business Machines Corporation
  • Micro Focus International plc
  • Microsoft Corporation
  • New Relic Inc.
  • Riverbed Technology Inc.
  • Splunk Inc.

Breakup by Type:

  • API Monitoring
  • SaaS Application Monitoring
  • Mobile Application Monitoring
  • Web Application Monitoring

Breakup by Services:

  • Managed Services
  • Consulting Services
  • Implementation Services
  • Training and Support Services 

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by Application:

  • Competitive Benchmarking
  • Service-Level Agreements Monitoring
  • Application Testing
  • Content Delivery Network Testing
  • Others

Breakup by Vertical:

  • BFSI
  • IT and Telecommunication
  • Retail
  • Media and Entertainment
  • Travel and Hospitality
  • Others

Breakup by Region:

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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                           

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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