The North American APM market is estimated to grow significantly during the forecast period. The market is mainly growing to the rising demand for APM solutions between large and small enterprises coupled with the rising number of enterprises in the US and Canada. Furthermore, the significant expansion of the major companies and enterprises with their assets further raises the demand for management of asset performance for further growth of the company. Moreover, the concern related to data security and privacy is further projected to hinder the market growth during the forecast period.
The North American 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 North American 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 North American 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 North American APM market is further segregated into the US and Canada. Among, geography the US is projected to have a considerable share in the North American APM market.
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North American 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
- United States
- Canada
Company Profiles
- Aspen Technology, Inc.
- Aptean Group
- Accruent
- Bentley Systems, Inc.
- eMaint Enterprises, LLC
- General Electric Co.
- IBM Corp.
- Infor
- Microsoft Corp.
- Nexus Global Business Solutions, Inc.
- OSIsoft, LLC
- Oracle Corp.
- Rockwell Automation, Inc.
- Uptake Technologies Inc.
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