- In September 2024, Datadog Inc. introduced the general availability of Datadog Monitoring for Oracle Cloud Infrastructure (OCI), and this new offering enables Oracle customers to monitor both cloud-native and traditional workloads on OCI, providing comprehensive telemetry across applications, infrastructure, and services. In addition, the solution supports multi-cloud strategies, helps customers in migrating from on-premises to cloud environments, and monitors AI/ML inference workloads
- In April 2024, New Relic announced the general availability of New Relic AI monitoring, a suite of advanced tools tailored to support companies developing AI applications, and the new features include AI response tracing, model comparison, and real-time user feedback, all aimed at improving AI application performance, quality, and cost-efficiency while ensuring data security and privacy
- In May 2023, New Relic Inc. launched Grok, an AI observability assistant, and revealed plans to integrate a large language model to assist engineers with common tasks using natural language. In addition, New Relic’s observability technologies enable engineers to set up instrumentation, generate reports, and manage accounts for DevOps and DevSecOps, helping to secure and optimize the software development process
- In June 2023, Datadog, known for its analytics and monitoring platforms, unveiled workflow automation to speed up the resolution of application issues, and the new automation feature supports end-to-end remediation processes with pre-built templates, enhancing the speed and efficiency of application issue resolution
- In April 2023, Dynatrace Application Security received dual FedRAMP and StateRAMP authorizations, enabling secure cloud transformation for public sector customers, and with this certification, federal, state, and local government agencies, as well as public educational institutions, can use Dynatrace Application Security to identify vulnerabilities and protect against threats continuously, in addition to leveraging the Dynatrace platform for intelligent observability and DevSecOps automation
Frequently Asked Questions
The key trends in the application performance management market include the increasing adoption of AI and machine learning for predictive analytics, the growing demand for real-time monitoring solutions, and the integration of cross-platform performance management to address the complexities of multi-cloud and hybrid environments.
The major factors driving the growth of the application performance management market are the rising need for businesses to enhance application performance, the rapid digital transformation across industries, increased adoption of cloud and hybrid infrastructures, and the growing emphasis on delivering seamless user experiences through real-time performance monitoring.
The major challenges in the application performance management market include the complexity of monitoring performance across multi-cloud environments, the high costs of implementing comprehensive APM solutions, difficulties in managing large-scale application architectures, and the challenge of integrating APM tools with existing IT infrastructure.
The Platform Type (Software and Services) segment is expected to dominate the global Application Performance Management market, holding a major market share in 2025.
Asia-Pacific is expected to experience fastest growth during the forecast period of 2025-2035, driven by rapid advancements in digital technology and the ongoing development of the manufacturing sector. As businesses across industries in the region increasingly embrace digital transformation, the demand for application performance management solutions is rising.
