The European APM market is estimated to grow significantly during the forecast period. The market is majorly driven by the growing demand for APM solutions in the BFSI and energy & utility sector, the rising integration of IoT and cloud-based solutions, and the growing number of enterprises in the UK, Germany, and other countries. Moreover, the healthcare sector has significant demand for EAM solutions owing to the growing digitization in asset management in the region, thus provide significant growth to the market during the forecast period. The European APM market is segmented on the basis of deployment and industry.
Based on the deployment, the market is further classified into cloud-based and on-premises. The on-premises segment is projected to have a considerable share in the European market. Energy and utilities, government and defense, manufacturing, transportation, and logistics industry mostly prefer on-premise APM solutions as this solution is more customizable as compared to cloud-based APM, thus, it fulfills the requirements of all end-users. Based on the industry, the European APM market is further segmented into BFSI, retail, energy, and utility, healthcare, government, IT & telecom, and others. The IT & telecom segment is estimated to grow at a considerable CAGR during the forecast period. Based on geography, the European APM market is further segregated into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Among, geography China is projected to have a considerable share in the European APM market.
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European APM Market – Segmentation
By Deployment
- Cloud-based
- On-Premises
By Industry
- BFSI
- Energy & Utilities
- Healthcare
- Government
- IT & Telecom
- Others (Food & Beverages)
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Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
Rest of Europe
Company Profiles
- ABB Ltd.
- AVEVA Group plc
- Bentley Systems, Inc.
- DNV GL AS
- General Electric Co.
- IBM Corp.
- Intelligent Process Solutions GmbH
- Microsoft Corp.
- Oracle Corp.
- SAP SE
- Siemens AG
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