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Synthetic Monitoring Market Report by Type, Services, Deployment Mode, Application, Vertical, and Region 2024-2032

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    Report

  • 137 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5732892
The global synthetic monitoring market size reached US$ 1.27 billion in 2023. Looking forward, the market is projected to reach US$ 3.54 billion by 2032, exhibiting a growth rate (CAGR) of 12.06% during 2023-2032.

Synthetic monitoring helps evaluate performance of an application using scripted recordings of a series of requests and emulating them to simulate a user’s interactions with websites or applications. It involves running constant tests to provide in-depth insights into business transactions, application availability and website speed. It can automatically keep tabs on application uptime and monitor application programming interface (APIs) and applications at any frequency and location. As a result, organizations worldwide are adopting synthetic monitoring into their core business processes to help understand customer experience and improve website performance using predictive behavior.

Synthetic Monitoring Market Trends

Technical issues like poor coding, incompatible browser, and delays in loading are usually faced by customers during online website browsing. As these issues can damage brand reputation and impact sales, the increasing use of online shopping applications among the masses represents one of the key factors impelling the market growth. Synthetic monitoring assists enterprises in simulating real user interactions, providing 24×7 alerts about website glitches, and detecting specific elements, such as uniform resource locator (URL) redirects and status codes.

Apart from this, as traditional information technology (IT) monitoring tools fail in supporting the current complex infrastructure requirements of businesses, there is a rise in the need for synthetic monitoring solutions across the globe. This can also be accredited to the rapid digitization of business processes using the cloud on account of the economic and business challenges posed by the coronavirus disease (COVID-19) outbreak. Furthermore, the growing reliance on online banking apps is driving the usage of synthetic monitoring solutions in the banking, financial services, and insurance (BFSI) sector to counter challenges, such as net banking outages.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global synthetic monitoring market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, services, deployment mode, application and vertical.

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:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Splunk Inc.

Key Questions Answered in This Report

1. What was the size of the global synthetic monitoring market in 2023?
2. What is the expected growth rate of the global synthetic monitoring market during 2024-2032?
3. What are the key factors driving the global synthetic monitoring market?
4. What has been the impact of COVID-19 on the global synthetic monitoring market?
5. What is the breakup of the global synthetic monitoring market based on type?
6. What is the breakup of the global synthetic monitoring market based on the application?
7. What is the breakup of the global synthetic monitoring market based on the vertical?
8. What are the key regions in the global synthetic monitoring market?
9. Who are the key players/companies in the global synthetic monitoring market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Synthetic Monitoring Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 API Monitoring
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 SaaS Application Monitoring
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Mobile Application Monitoring
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Web Application Monitoring
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Services
7.1 Managed Services
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Consulting Services
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Implementation Services
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Training and Support Services
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Deployment Mode
8.1 On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Competitive Benchmarking
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Service-Level Agreements Monitoring
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Application Testing
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Content Delivery Network Testing
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Vertical
10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 IT and Telecommunication
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Retail
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Media and Entertainment
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Travel and Hospitality
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 BMC Software Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 SWOT Analysis
16.3.2 Broadcom Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Catchpoint Systems Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Cisco Systems Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Dell Technologies Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Hewlett Packard Enterprise Development LP
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 International Business Machines Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Micro Focus International plc
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.9 Microsoft Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 New Relic Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 Riverbed Technology Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 SWOT Analysis
16.3.12 Splunk Inc.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Synthetic Monitoring Market: Major Drivers and Challenges
Figure 2: Global: Synthetic Monitoring Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Synthetic Monitoring Market: Breakup by Type (in %), 2023
Figure 5: Global: Synthetic Monitoring Market: Breakup by Services (in %), 2023
Figure 6: Global: Synthetic Monitoring Market: Breakup by Deployment Mode (in %), 2023
Figure 7: Global: Synthetic Monitoring Market: Breakup by Application (in %), 2023
Figure 8: Global: Synthetic Monitoring Market: Breakup by Vertical (in %), 2023
Figure 9: Global: Synthetic Monitoring Market: Breakup by Region (in %), 2023
Figure 10: Global: Synthetic Monitoring (API Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Synthetic Monitoring (API Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Synthetic Monitoring (SaaS Application Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Synthetic Monitoring (SaaS Application Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Synthetic Monitoring (Mobile Application Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Synthetic Monitoring (Mobile Application Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Synthetic Monitoring (Web Application Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Synthetic Monitoring (Web Application Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Synthetic Monitoring (Managed Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Synthetic Monitoring (Managed Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Synthetic Monitoring (Consulting Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Synthetic Monitoring (Consulting Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Synthetic Monitoring (Implementation Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Synthetic Monitoring (Implementation Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Synthetic Monitoring (Training and Support Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Synthetic Monitoring (Training and Support Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Synthetic Monitoring (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Synthetic Monitoring (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Synthetic Monitoring (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Synthetic Monitoring (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Synthetic Monitoring (Competitive Benchmarking) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Synthetic Monitoring (Competitive Benchmarking) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Synthetic Monitoring (Service-Level Agreements Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Synthetic Monitoring (Service-Level Agreements Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Synthetic Monitoring (Application Testing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Synthetic Monitoring (Application Testing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Synthetic Monitoring (Content Delivery Network Testing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Synthetic Monitoring (Content Delivery Network Testing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Synthetic Monitoring (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Synthetic Monitoring (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Synthetic Monitoring (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Synthetic Monitoring (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Synthetic Monitoring (IT and Telecommunication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Synthetic Monitoring (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Synthetic Monitoring (Retail) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Synthetic Monitoring (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: Synthetic Monitoring (Media and Entertainment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: Synthetic Monitoring (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: Synthetic Monitoring (Travel and Hospitality) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: Synthetic Monitoring (Travel and Hospitality) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Global: Synthetic Monitoring (Other Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Global: Synthetic Monitoring (Other Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: North America: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: North America: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: United States: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: United States: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Canada: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Canada: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Asia-Pacific: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Asia-Pacific: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: China: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: China: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Japan: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Japan: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: India: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: India: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: South Korea: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: South Korea: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Australia: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Australia: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Indonesia: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Indonesia: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Others: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Others: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Europe: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Europe: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Germany: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Germany: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: France: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: France: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: United Kingdom: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: United Kingdom: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Italy: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Italy: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Spain: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Spain: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Russia: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Russia: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Latin America: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Latin America: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Brazil: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Brazil: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Mexico: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Mexico: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Others: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 97: Others: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 98: Middle East and Africa: Synthetic Monitoring Market: Sales Value (in Million US$), 2018 & 2023
Figure 99: Middle East and Africa: Synthetic Monitoring Market: Breakup by Country (in %), 2023
Figure 100: Middle East and Africa: Synthetic Monitoring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 101: Global: Synthetic Monitoring Industry: SWOT Analysis
Figure 102: Global: Synthetic Monitoring Industry: Value Chain Analysis
Figure 103: Global: Synthetic Monitoring Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Synthetic Monitoring Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Synthetic Monitoring Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Synthetic Monitoring Market Forecast: Breakup by Services (in Million US$), 2024-2032
Table 4: Global: Synthetic Monitoring Market Forecast: Breakup by Deployment Mode (in Million US$), 2024-2032
Table 5: Global: Synthetic Monitoring Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Synthetic Monitoring Market Forecast: Breakup by Vertical (in Million US$), 2024-2032
Table 7: Global: Synthetic Monitoring Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Synthetic Monitoring Market: Competitive Structure
Table 9: Global: Synthetic Monitoring Market: Key Players

Companies Mentioned

  • 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.

Methodology

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Table Information