The end user experience monitoring (EUEM) market has experienced exponential growth, rising from $2.86 billion in 2023 to $3.46 billion in 2024, reflecting a CAGR of 20.9%. This surge is driven by advanced analytics and AI solutions, expanding digital channels, and a growing focus on enhancing user experiences. The market is projected to reach $7.41 billion by 2028, with a CAGR of 21.0%. Factors contributing to this growth include the shift to remote work and ongoing digital transformation initiatives. Major trends include increased investment in cutting-edge technology and the integration of AI and machine learning into EUEM tools.
Major Driver In The End User Experience Monitoring EUEM Market
The user experience monitoring (EUEM) market is set to thrive amid the shift towards remote work. This trend, characterized by fewer interruptions and flexible schedules, has increased the need for effective monitoring of digital interactions to maintain productivity. The Office for National Statistics found that about 38% of employed adults worked remotely between late April and early May 2022, and approximately 40% had worked from home at least once in early 2023. This growing trend of remote work is propelling the EUEM market forward.
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End User Experience Monitoring EUEM Market Competitive Landscape
International Business Machines Corporation, Oracle Corporation, Broadcom Inc., SAP SE, Lumen Technologies Inc., Splunk Inc., BMC Software Inc., Micro Focus International, Datadog Inc., Dynatrace LLC, New Relic Inc., Riverbed Holdings Inc., AppDynamics Inc., Nexthink SA, SmartBear Software Inc., Catchpoint Systems Inc., Lakeside Software LLC, eG Innovations Inc., Aternity LLC, Instana Inc., AppNeta, CA Technologies, Stackify LLC
Key End User Experience Monitoring EUEM Market Trend
In the user experience monitoring (EUEM) market, companies are rolling out advanced enterprise solutions to proactively manage end-user experience issues across IT infrastructures. eG Innovations Inc. unveiled eG Enterprise v7.2 in March 2023, a comprehensive observability solution for modern IT technologies. This platform enhances monitoring capabilities for digital workspaces and SaaS applications, featuring architectural improvements like centralized agent management and a new incident management panel, ensuring optimal performance and user satisfaction.
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End User Experience Monitoring EUEM Market Segmentation
The end user experience monitoring (EUEM) market covered in this report is segmented –
1) By Component: Product, Services
2) By Deployment Model: Cloud, On-Premise
3) By Organizational Size: Small And Medium-Sized Enterprise (SMEs), Large Enterprises
4) By Access Type: Web, Mobile
5) By Vertical: Banking, Financial Services, And Insurance, Information Technology (IT) And Telecommunications, Government And Public Sector, Retail And Consumer Goods, Healthcare And Life Sciences, Other Verticals
By Geography:The regions covered in the end user experience monitoring (EUEM) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the end user experience monitoring (EUEM) market in 2023. Europe is expected to be the fastest-growing region in the forecast period.
The End User Experience Monitoring EUEM Global Market Report 2024 furnishes information about the global end user experience monitoring euem market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
