Cloud Performance Management Market to grow at a CAGR of 17.32% from 2022 to 2027 – Technavio

NEW YORK, July 21, 2023 /PRNewswire/ — The cloud performance management market size is expected to grow by USD 3,936.6 million. As per the latest report, the market will progress at a CAGR of 17.32% from 2022 to 2027, according to Technavio. The growing demand for cloud solutions is a major trend in the market growth. Cloud computing and other related technologies, which include IoT, edge computing, and serverless architecture, are gaining popularity among businesses. This growth is due to the expanding user- and infrastructure-centric approaches which are used to control IT performances, as well as in tracking IT services for mobile users. These services are utilized by businesses that employ consultants, software specialists, and project management teams with a focus on the development and offering of critical-decision support software, services, and tools. Hence, the growing adoption of cloud solutions will boost the growth of the market during the forecast period. – View the new Sample Report within minutes!

Cloud Performance Management Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our cloud performance management market report covers the following areas:

Cloud Performance Management Market sizeCloud Performance Management Market TrendsCloud Performance Management Market industry analysisCloud Performance Management Market five forces analysisCloud Performance Management Market competitive landscape

Cloud Performance Management Market 2023-2027: Segmentation
Cloud Performance Management Market is segmented as below:

Application BFSITelecom and ITManufacturingHealthcareRetail and OthersDeployment Public CloudPrivate CloudGeography North AmericaEuropeAPACSouth AmericaMiddle East and Africa

The market share growth by the BFSI segment will be significant during the forecast period. The growth is due to the financial services companies focused on providing superior customer experiences. The demand in the BFSI sector for cloud performance management is rising due to the benefits it provides, such as financial performance, service quality, productivity, and customer satisfaction. Furthermore, companies can monitor application performance and customer experience for millions of customers and can also drill down the experience of a single user. Hence, these factors are expected to drive segment growth in the market during the forecast period.

Cloud Performance Management Market 2023-2027: Market Dynamics

Key Drivers

The increased adoption of cloud performance management in various industries is a key factor driving market growth.The need to evaluate the business performance data of enterprises, increased adoption by small- and medium-sized enterprises (SMEs), and increased adoption of cloud-based solutions are the major factors driving the market growth.Digitization gives businesses a competitive advantage over their rivals and leads to cost reduction, improved customer engagement, and business expansion.Hence, the growing adoption of cloud performance management is expected to drive market growth during the forecast period.

Significant Challenges

The high cost associated with implementation is a significant challenge impeding market growth.The costs for system design and customization, implementation, training, and maintenance are the components of the total cost.The staff members should be trained properly for the proper functioning of the application.The application needs regular updates to stay updated with industry trends once it has been installed.Thus, high cost is expected to restrict market growth during the forecast period.

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Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recessionGlobal competitiveness and key competitor positionsMarket presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Cloud Performance Management Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BMC Software Inc., Broadcom Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Datadog Inc., Dynatrace Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Nastel Technologies Inc., NetApp Inc., New Relic Inc., Nutanix Inc., Oracle Corp., Riverbed Technology Inc., SAP SE, Splunk Inc., VMware Inc., and Lumen Technologies Inc. are some of the major market participants. Although the increased adoption of cloud performance management in various industries will offer immense growth opportunities, the high cost associated with implementation will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Vendor Offering

BMC Software Inc – The company offers cloud performance management services such as TrueSight operations management, BMC AMI data for Db2, and BMC AMI data for IMS.Cisco Systems Inc – The company offers cloud performance management platforms such as AppDynamics.Dynatrace Inc. – The company offers cloud performance management for cloud-native workloads and microservices.

Cloud Performance Management Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027Detailed information on factors that will assist cloud performance management market growth during the next five yearsEstimation of the cloud performance management market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the cloud performance management marketAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of cloud performance management market vendors

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Table of Contents

1 Executive Summary

1.1 Market OverviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ApplicationExhibit 06: Executive Summary – Chart on Market Segmentation by DeploymentExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystemExhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definitionExhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cloud performance management market 2017 – 2021 Exhibit 18: Historic Market Size – Data Table on Global cloud performance management market 2017 – 2021 ($ million)4.2 Application Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)4.3 Deployment Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – Deployment Segment 2017 – 2021 ($ million)4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summaryExhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalryExhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market conditionExhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segmentsExhibit 30: Chart on Application – Market share 2022-2027 (%)Exhibit 31: Data Table on Application – Market share 2022-2027 (%)6.2 Comparison by Application Exhibit 32: Chart on Comparison by ApplicationExhibit 33: Data Table on Comparison by Application6.3 BFSI – Market size and forecast 2022-2027 Exhibit 34: Chart on BFSI – Market size and forecast 2022-2027 ($ million)Exhibit 35: Data Table on BFSI – Market size and forecast 2022-2027 ($ million)Exhibit 36: Chart on BFSI – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on BFSI – Year-over-year growth 2022-2027 (%)6.4 Telecom and IT – Market size and forecast 2022-2027 Exhibit 38: Chart on Telecom and IT – Market size and forecast 2022-2027 ($ million)Exhibit 39: Data Table on Telecom and IT – Market size and forecast 2022-2027 ($ million)Exhibit 40: Chart on Telecom and IT – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Telecom and IT – Year-over-year growth 2022-2027 (%)6.5 Manufacturing – Market size and forecast 2022-2027 Exhibit 42: Chart on Manufacturing – Market size and forecast 2022-2027 ($ million)Exhibit 43: Data Table on Manufacturing – Market size and forecast 2022-2027 ($ million)Exhibit 44: Chart on Manufacturing – Year-over-year growth 2022-2027 (%)Exhibit 45: Data Table on Manufacturing – Year-over-year growth 2022-2027 (%)6.6 Healthcare – Market size and forecast 2022-2027 Exhibit 46: Chart on Healthcare – Market size and forecast 2022-2027 ($ million)Exhibit 47: Data Table on Healthcare – Market size and forecast 2022-2027 ($ million)Exhibit 48: Chart on Healthcare – Year-over-year growth 2022-2027 (%)Exhibit 49: Data Table on Healthcare – Year-over-year growth 2022-2027 (%)6.7 Retail and others – Market size and forecast 2022-2027 Exhibit 50: Chart on Retail and others – Market size and forecast 2022-2027 ($ million)Exhibit 51: Data Table on Retail and others – Market size and forecast 2022-2027 ($ million)Exhibit 52: Chart on Retail and others – Year-over-year growth 2022-2027 (%)Exhibit 53: Data Table on Retail and others – Year-over-year growth 2022-2027 (%)6.8 Market opportunity by Application Exhibit 54: Market opportunity by Application ($ million)Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Deployment

7.1 Market segmentsExhibit 56: Chart on Deployment – Market share 2022-2027 (%)Exhibit 57: Data Table on Deployment – Market share 2022-2027 (%)7.2 Comparison by Deployment Exhibit 58: Chart on Comparison by DeploymentExhibit 59: Data Table on Comparison by Deployment7.3 Public cloud – Market size and forecast 2022-2027 Exhibit 60: Chart on Public cloud – Market size and forecast 2022-2027 ($ million)Exhibit 61: Data Table on Public cloud – Market size and forecast 2022-2027 ($ million)Exhibit 62: Chart on Public cloud – Year-over-year growth 2022-2027 (%)Exhibit 63: Data Table on Public cloud – Year-over-year growth 2022-2027 (%)7.4 Private cloud – Market size and forecast 2022-2027 Exhibit 64: Chart on Private cloud – Market size and forecast 2022-2027 ($ million)Exhibit 65: Data Table on Private cloud – Market size and forecast 2022-2027 ($ million)Exhibit 66: Chart on Private cloud – Year-over-year growth 2022-2027 (%)Exhibit 67: Data Table on Private cloud – Year-over-year growth 2022-2027 (%)7.5 Market opportunity by Deployment Exhibit 68: Market opportunity by Deployment ($ million)Exhibit 69: Data Table on Market opportunity by Deployment ($ million)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 71: Chart on Market share by geography 2022-2027 (%)Exhibit 72: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 73: Chart on Geographic comparisonExhibit 74: Data Table on Geographic comparison9.3 North America – Market size and forecast 2022-2027 Exhibit 75: Chart on North America – Market size and forecast 2022-2027 ($ million)Exhibit 76: Data Table on North America – Market size and forecast 2022-2027 ($ million)Exhibit 77: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 78: Data Table on North America – Year-over-year growth 2022-2027 (%)9.4 Europe – Market size and forecast 2022-2027 Exhibit 79: Chart on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 80: Data Table on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 81: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 82: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.5 APAC – Market size and forecast 2022-2027 Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)9.6 South America – Market size and forecast 2022-2027 Exhibit 87: Chart on South America – Market size and forecast 2022-2027 ($ million)Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 ($ million)Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)9.7 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 91: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 92: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 93: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)Exhibit 94: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)9.8 US – Market size and forecast 2022-2027 Exhibit 95: Chart on US – Market size and forecast 2022-2027 ($ million)Exhibit 96: Data Table on US – Market size and forecast 2022-2027 ($ million)Exhibit 97: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 98: Data Table on US – Year-over-year growth 2022-2027 (%)9.9 Canada – Market size and forecast 2022-2027 Exhibit 99: Chart on Canada – Market size and forecast 2022-2027 ($ million)Exhibit 100: Data Table on Canada – Market size and forecast 2022-2027 ($ million)Exhibit 101: Chart on Canada – Year-over-year growth 2022-2027 (%)Exhibit 102: Data Table on Canada – Year-over-year growth 2022-2027 (%)9.10 UK – Market size and forecast 2022-2027 Exhibit 103: Chart on UK – Market size and forecast 2022-2027 ($ million)Exhibit 104: Data Table on UK – Market size and forecast 2022-2027 ($ million)Exhibit 105: Chart on UK – Year-over-year growth 2022-2027 (%)Exhibit 106: Data Table on UK – Year-over-year growth 2022-2027 (%)9.11 Germany – Market size and forecast 2022-2027 Exhibit 107: Chart on Germany – Market size and forecast 2022-2027 ($ million)Exhibit 108: Data Table on Germany – Market size and forecast 2022-2027 ($ million)Exhibit 109: Chart on Germany – Year-over-year growth 2022-2027 (%)Exhibit 110: Data Table on Germany – Year-over-year growth 2022-2027 (%)9.12 Japan – Market size and forecast 2022-2027 Exhibit 111: Chart on Japan – Market size and forecast 2022-2027 ($ million)Exhibit 112: Data Table on Japan – Market size and forecast 2022-2027 ($ million)Exhibit 113: Chart on Japan – Year-over-year growth 2022-2027 (%)Exhibit 114: Data Table on Japan – Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 115: Market opportunity by geography ($ million)Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 117: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscapeExhibit 118: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruptionExhibit 119: Overview on factors of disruption11.4 Industry risksExhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors coveredExhibit 121: Vendors covered12.2 Market positioning of vendors Exhibit 122: Matrix on vendor position and classification12.3 BMC Software Inc.Exhibit 123: BMC Software Inc. – OverviewExhibit 124: BMC Software Inc. – Product / ServiceExhibit 125: BMC Software Inc. – Key offerings12.4 Broadcom Inc.Exhibit 126: Broadcom Inc. – OverviewExhibit 127: Broadcom Inc. – Business segmentsExhibit 128: Broadcom Inc. – Key newsExhibit 129: Broadcom Inc. – Key offeringsExhibit 130: Broadcom Inc. – Segment focus12.5 Cisco Systems Inc.Exhibit 131: Cisco Systems Inc. – OverviewExhibit 132: Cisco Systems Inc. – Business segmentsExhibit 133: Cisco Systems Inc. – Key newsExhibit 134: Cisco Systems Inc. – Key offeringsExhibit 135: Cisco Systems Inc. – Segment focus12.6 Cognizant Technology Solutions Corp. Exhibit 136: Cognizant Technology Solutions Corp. – OverviewExhibit 137: Cognizant Technology Solutions Corp. – Business segmentsExhibit 138: Cognizant Technology Solutions Corp. – Key newsExhibit 139: Cognizant Technology Solutions Corp. – Key offeringsExhibit 140: Cognizant Technology Solutions Corp. – Segment focus12.7 Dynatrace Inc.Exhibit 141: Dynatrace Inc. – OverviewExhibit 142: Dynatrace Inc. – Product / ServiceExhibit 143: Dynatrace Inc. – Key offerings12.8 Hewlett Packard Enterprise Co. Exhibit 144: Hewlett Packard Enterprise Co. – OverviewExhibit 145: Hewlett Packard Enterprise Co. – Business segmentsExhibit 146: Hewlett Packard Enterprise Co. – Key newsExhibit 147: Hewlett Packard Enterprise Co. – Key offeringsExhibit 148: Hewlett Packard Enterprise Co. – Segment focus12.9 International Business Machines Corp. Exhibit 149: International Business Machines Corp. – OverviewExhibit 150: International Business Machines Corp. – Business segmentsExhibit 151: International Business Machines Corp. – Key newsExhibit 152: International Business Machines Corp. – Key offeringsExhibit 153: International Business Machines Corp. – Segment focus12.10 Lumen Technologies Inc. Exhibit 154: Lumen Technologies Inc. – OverviewExhibit 155: Lumen Technologies Inc. – Business segmentsExhibit 156: Lumen Technologies Inc. – Key offeringsExhibit 157: Lumen Technologies Inc. – Segment focus12.11 Micro Focus International Plc Exhibit 158: Micro Focus International Plc – OverviewExhibit 159: Micro Focus International Plc – Product / ServiceExhibit 160: Micro Focus International Plc – Key newsExhibit 161: Micro Focus International Plc – Key offerings12.12 Microsoft Corp.Exhibit 162: Microsoft Corp. – OverviewExhibit 163: Microsoft Corp. – Business segmentsExhibit 164: Microsoft Corp. – Key newsExhibit 165: Microsoft Corp. – Key offeringsExhibit 166: Microsoft Corp. – Segment focus12.13 Nastel Technologies Inc. Exhibit 167: Nastel Technologies Inc. – OverviewExhibit 168: Nastel Technologies Inc. – Product / ServiceExhibit 169: Nastel Technologies Inc. – Key offerings12.14 New Relic Inc.Exhibit 170: New Relic Inc. – OverviewExhibit 171: New Relic Inc. – Business segmentsExhibit 172: New Relic Inc. – Key newsExhibit 173: New Relic Inc. – Key offeringsExhibit 174: New Relic Inc. – Segment focus12.15 Oracle Corp.Exhibit 175: Oracle Corp. – OverviewExhibit 176: Oracle Corp. – Business segmentsExhibit 177: Oracle Corp. – Key newsExhibit 178: Oracle Corp. – Key offeringsExhibit 179: Oracle Corp. – Segment focus12.16 SAP SEExhibit 180: SAP SE – OverviewExhibit 181: SAP SE – Business segmentsExhibit 182: SAP SE – Key newsExhibit 183: SAP SE – Key offeringsExhibit 184: SAP SE – Segment focus12.17 VMware Inc.Exhibit 185: VMware Inc. – OverviewExhibit 186: VMware Inc. – Product / ServiceExhibit 187: VMware Inc. – Key newsExhibit 188: VMware Inc. – Key offerings

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 189: Inclusions checklistExhibit 190: Exclusions checklist13.3 Currency conversion rates for US$ Exhibit 191: Currency conversion rates for US$13.4 Research methodologyExhibit 192: Research methodologyExhibit 193: Validation techniques employed for market sizingExhibit 194: Information sources13.5 List of abbreviationsExhibit 195: List of abbreviations

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