The distributed performance and availability management software market is expected to grow by USD 2.27 billion, progressing at a CAGR of over 8% during the forecast period.
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The gaining popularity of cloud-based software is one of the major factors propelling market growth. However, factors such as migration of applications between servers will hamper the market growth.
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Distributed Performance and Availability Management Software Market: Deployment Landscape
The on-premises distributed performance and availability management software is installed and run on the organization's premises and requires end-users to have a software license. Moreover, this on-premises software is usually more expensive compared to cloud-based solutions as it requires in-house hardware and huge capital investment in software licenses. However, it is considered to be very secure as there is no third-party interference.
Distributed Performance and Availability Management Software Market: Geography Landscape
North America was the largest distributed performance and availability management software market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the increasing use of mobile applications and smart devices will significantly drive distributed performance and availability management software market growth in this region over the forecast period. 53% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for distributed performance and availability management software in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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