Digital Experience Monitoring Market Overviews
The Digital Experience Monitoring Market size was valued at USD 2.89 Bn. in 2023 and the total Global Digital Experience Monitoring revenue is expected to grow at a CAGR of 18.20 % from 2024 to 2030, reaching nearly USD 12.21 Bn. by 2030.
Digital experience monitoring (DEM) is a performance analysis discipline that supports the optimization of the operational experience and behavior of a digital agent, human or machine, with the application and service portfolio of enterprises.
According to SMR analysis, in 2023, 60% of digital business initiatives depend on Infrastructure and Operations (I&O) teams to monitor and report on users’ digital experience
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Digital Experience Monitoring Market Scope and Methodology:
The global Digital Experience Monitoring market offers great opportunities with the rise in mobile app usage, especially in mobile app monitoring. Monitoring mobile apps helps companies improve performance, optimize interfaces, and enhance functionality, leading to positive user experiences and lower churn rates. Businesses are embracing cutting-edge mobile app monitoring solutions that provide instant insights into app performance and user behavior to take advantage of this trend. These tools empower companies to conduct a comprehensive feasibility analysis of their mobile app offerings, aiding them in making well-informed choices regarding enhancements and new features. Market penetration strategies focusing on mobile app monitoring involve continuous performance tracking and active development practices.
Digital Experience Monitoring Market Regional Insights
North America dominates the Digital Experience Monitoring market because of its advanced digital infrastructure, innovation culture, and strong economic foundation. Companies such as Riverbed Technology, AppDynamics (a Cisco subsidiary), and Dynatrace lead the way in developing cutting-edge digital monitoring solutions for various industries, including finance, e-commerce, healthcare, and telecommunications. These companies have built well-established brands that have gained loyalty across domestic and international markets. The region’s robust trade network supports the global reach of North American companies, enabling them to cater to clients from different continents.
Digital Experience MonitoringMarket Segmentation
By Deployment Type, According to SMR research, the digital experience monitoring market is segmented into Cloud based and on-premise types. The cloud-based segment dominance in the global Digital Experience Monitoring market is driven by its adaptability, cost-effectiveness, and alignment with current innovation trends. The market segmentation has shifted in favor of cloud-based solutions as businesses desire scalability and flexibility in managing their digital experiences. Cloud-based monitoring tools are typically less expensive to manufacture and produce than on-premises alternatives, which allows providers to offer competitive pricing to their customers.
Digital Experience Monitoring Market Key Players
BMC Software, Inc. (United States)
Broadcom Inc. (California)
Dynatrace LLC (United States)
GlassBox (Israle)
AppDynamics LLC (San Francisco)
New Relic Inc. (United States)
Riverbed Technology, Inc. (United States)
ThousandEyes (San Francisco)
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Key questions answered in the Digital Experience Monitoring Market are:
- What is Digital Experience Monitoring ?
- What was the Digital Experience Monitoring market size in 2023?
- What is the growth rate of the Digital Experience Monitoring Market?
- Which are the factors expected to drive the Digital Experience Monitoring market growth?
- What are the different segments of the Digital Experience Monitoring Market?
- What growth strategies are the players considering to increase their presence in Digital Experience Monitoring ?
- What are the upcoming industry applications and trends for the Digital Experience Monitoring Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Digital Experience Monitoring Market?
- Who are the leading companies and what are their portfolios in Digital Experience Monitoring Market?
- What segments are covered in the Digital Experience Monitoring Market?
- Who are the key players in the Digital Experience Monitoring market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
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