The Europe digital experience monitoring market is expected to grow from US$ 735.31 million in 2022 to US$ 1,698.85 million by 2028; it is estimated to grow at a CAGR of 15.0% from 2022 to 2028.
According to McKinsey, artificial intelligence (AI) may bring up to $1 trillion in value to the global banking sector. Banks and other financial institutions are expected to embrace an AI-first approach, which would better position them to adopt new technology. End-user monitoring-based AI systems will infiltrate the financial industry's front, middle, and back offices. On the other hand, end-user cloud-based monitoring can increase platform integrity by automating and embedding security procedures and controls. The concept of development, security, and operations, or the idea that security is a duty that can be carried out across an organization with its development and operations, opens new possibilities. The user experience is increasing in the fintech business since technologies used in fintech applications are completely focused on the end-user experience and how it can be improved. As a result, end-to-end performance monitoring tools are used throughout the client experience to identify application faults quickly. Bringing these technologies together with end-user experience monitoring provides new opportunities in the digital experience monitoring market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe digital experience monitoring market at a notable CAGR during the forecast period.
According to McKinsey, artificial intelligence (AI) may bring up to $1 trillion in value to the global banking sector. Banks and other financial institutions are expected to embrace an AI-first approach, which would better position them to adopt new technology. End-user monitoring-based AI systems will infiltrate the financial industry's front, middle, and back offices. On the other hand, end-user cloud-based monitoring can increase platform integrity by automating and embedding security procedures and controls. The concept of development, security, and operations, or the idea that security is a duty that can be carried out across an organization with its development and operations, opens new possibilities. The user experience is increasing in the fintech business since technologies used in fintech applications are completely focused on the end-user experience and how it can be improved. As a result, end-to-end performance monitoring tools are used throughout the client experience to identify application faults quickly. Bringing these technologies together with end-user experience monitoring provides new opportunities in the digital experience monitoring market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe digital experience monitoring market at a notable CAGR during the forecast period.
Europe Digital Experience Monitoring Market Segmentation
The Europe digital experience monitoring market is segmented into enterprise size, deployment type, end user, and country.- Based on enterprise size, the Europe digital experience monitoring market is divided into large enterprises and SMEs. The large enterprises dominated the market in 2022.
- Based on deployment type, the Europe digital experience monitoring market is bifurcated into on-premises and cloud. The cloud segment dominated the market in 2022.
- Based on end user, the Europe digital experience monitoring market is categorized into BFSI, IT and telecommunications, retail and consumer goods, healthcare and life sciences, and others. The BFSI segment dominated the market in 2022.
- Based on country, the Europe digital experience monitoring market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The UK dominated the market in 2022.
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Digital Experience Monitoring Market Landscape
5. Europe Digital Experience Monitoring Market - Key Market Dynamics
6. Digital Experience Monitoring Market - Europe Market Analysis
7. Europe Digital Experience Monitoring Market Analysis - By Enterprise Size
8. Europe Digital Experience Monitoring Market - By Deployment Type
9. Europe Digital Experience Monitoring Market Analysis - By End User
10. Europe Digital Experience Monitoring Market - By Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- AppDynamics LLC
- BMC Software, Inc.
- Broadcom Inc
- Catchpoint Systems, Inc.
- Dynatrace LLC
- IBM Corporation
- Micro Focus
- Oracle Corporation
- Riverbed Technology, Inc.
- SAP SE
- Lakeside Software, LLC
- Aternity LLC.
- Nexthink SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 153 |
| Published | September 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 735.31 Million |
| Forecasted Market Value ( USD | $ 1698.85 Million |
| Compound Annual Growth Rate | 15.0% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 13 |
