The Europe digital experience monitoring market is expected to grow from US$ 735.31 million in 2022 to US$ 1,698.85 million by 2028; it is estimated to grow at a CAGR of 15.0% from 2022 to 2028.
According to McKinsey, artificial intelligence (AI) may bring up to $1 trillion in value to the global banking sector. Banks and other financial institutions are expected to embrace an AI-first approach, which would better position them to adopt new technology. End-user monitoring-based AI systems will infiltrate the financial industry's front, middle, and back offices. On the other hand, end-user cloud-based monitoring can increase platform integrity by automating and embedding security procedures and controls. The concept of development, security, and operations, or the idea that security is a duty that can be carried out across an organization with its development and operations, opens new possibilities. The user experience is increasing in the fintech business since technologies used in fintech applications are completely focused on the end-user experience and how it can be improved. As a result, end-to-end performance monitoring tools are used throughout the client experience to identify application faults quickly. Bringing these technologies together with end-user experience monitoring provides new opportunities in the digital experience monitoring market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe digital experience monitoring market at a notable CAGR during the forecast period.
Europe Digital Experience Monitoring Market Revenue and Forecast to 2028 (US$ Million)
Europe Digital Experience Monitoring Market Segmentation
The Europe digital experience monitoring market is segmented into enterprise size, deployment type, end user, and country. Based on enterprise size, the Europe digital experience monitoring market is divided into large enterprises and SMEs. The large enterprises dominated the market in 2022. Based on deployment type, the Europe digital experience monitoring market is bifurcated into on-premises and cloud. The cloud segment dominated the market in 2022. Based on end user, the Europe digital experience monitoring market is categorized into BFSI, IT and telecommunications, retail and consumer goods, healthcare and life sciences, and others. The BFSI segment dominated the market in 2022. Based on country, the Europe digital experience monitoring market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The UK dominated the market in 2022.
AppDynamics LLC; BMC Software, Inc.; Broadcom Inc.; Catchpoint Systems, Inc.; Dynatrace LLC; IBM Corporation; Micro Focus; Oracle Corporation; Riverbed Technology, Inc.; SAP SE; Lakeside Software, LLC; Aternity LLC.; and Nexthink SA by Altair are among the leading companies in the Europe digital experience monitoring market.
At 15.0% CAGR, the Europe Digital Experience Monitoring Market is speculated to be worth US$ 1,698.85 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Europe digital experience monitoring market was valued at US$ 735.31 million in 2022 and is expected to reach US$ 1,698.85 million by 2028, registering an annual growth rate of 16.1% from 2022 to 2028. Need for better end-user experience and endorsement of cutting-edge technologies are the critical factors attributed to the market expansion.
Customers employ a wide range of operating systems, including Windows, macOS, Linux, iOS, Android, etc. There are differences between operating system versions; if the application is a web application, users can use multiple browsers even inside the same operating system. This complicates the implementation of monitoring systems and restrains the market. Even with tremendous technological advancements, the market for digital experience monitoring still has some constraints. A big drawback is that cloud-based end-user monitoring systems rely on actual users and their experiences to provide insights. If the website fails to attract enough visitors, there will be no useful statistics to depend on. Many systems require developers to wait for the application to begin before generating and tracking user experience data. The internet medium has several technological risks, including network strength, server performance, and smooth transmission. These factors restrain the market growth. This is expected to drive the market during the forecast period.
On the contrary, execution risk of monitoring systems hurdles the growth of Europe digital experience monitoring market.
Based on enterprise size, the Europe digital experience monitoring market is divided into large enterprises and SMEs. The large enterprises segment held 65.5% market share in 2022, amassing US$ 481.77 million. It is projected to garner US$ 1,075.73 million by 2028 to expand at 14.3% CAGR during 2022–2028.
Based on Deployment Type, the Europe digital experience monitoring market is categorized into on-premises and cloud. The cloud segment held 64.0% market share in 2022, amassing US$ 470.50 million. It is projected to garner US$ 1120.89 million by 2028 to expand at 15.6% CAGR during 2022–2028.
Based on end user, the Europe digital experience monitoring market is categorized into BFSI, IT and telecommunications, retail and consumer goods, healthcare and life sciences, and others. The BFSI segment held 30.8% market share in 2022, amassing US$ 226.20 million. It is projected to garner US$ 560.75 million by 2028 to expand at 16.3% CAGR during 2022–2028
Based on country, the Europe digital experience monitoring market has been categorised into the Germany, UK, France, Italy, Russia, and Rest of Europe. Our regional analysis states that UK captured 30.5% market share in 2022. It was assessed at US$ 224.47 million in 2022 and is likely to hit US$ 559.60 million by 2028, exhibiting a CAGR of 16.4% during the forecast period.
Key players dominating the Europe digital experience monitoring market are AppDynamics LLC; BMC Software, Inc.; Broadcom Inc.; Catchpoint Systems, Inc.; Dynatrace LLC; IBM Corporation; Micro Focus; Oracle Corporation; Riverbed Technology, Inc.; SAP SE; Lakeside Software, LLC; Aternity LLC.; and Nexthink SA among others.
In Dec 2021, Broadcom Inc. had acquired AppNeta to bolster network performance monitoring across internet and hybrid cloud-based applications. In Mar 2022, Catchpoint Systems, inc. had unveiled a new user experience platform to improve digital service and application performance for observability and monitoring practitioners.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Digital Experience Monitoring Market – By Enterprise Size
1.3.2 Europe Digital Experience Monitoring Market – By Deployment Type
1.3.3 Europe Digital Experience Monitoring Market – By End User
1.3.4 Europe Digital Experience Monitoring Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Digital Experience Monitoring Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Digital Experience Monitoring Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Need for Better End-user Experience
5.1.2 Endorsement of Cutting-edge Technologies
5.2 Market Restraints
5.2.1 Execution Risk of Monitoring Systems
5.3 Market Opportunities
5.3.1 Approval of AI & IoT in Fintech business
5.4 Future Trends
5.4.1 EUEM overlaps APM
5.5 Impact Analysis of Drivers and Restraints
6. Digital Experience Monitoring Market – Europe Market Analysis
6.1 Europe Digital Experience Monitoring Market Overview
6.2 Europe Digital Experience Monitoring Market Forecast and Analysis
7. Europe Digital Experience Monitoring Market Analysis – By Enterprise Size
7.1 Overview
7.2 Europe Digital Experience Monitoring Market, By Enterprise Size (2021 and 2028)
7.3 Large Enterprises
7.3.1 Large Enterprises: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
7.4 SMEs
7.4.1 Overview
7.4.2 SMEs: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Digital Experience Monitoring Market – By Deployment Type
8.1 Overview
8.2 Europe Digital Experience Monitoring, by Deployment Type (2021 and 2028)
8.3 On-Premises
8.3.1 Overview
8.3.2 On-Premises: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Digital Experience Monitoring Market Analysis – By End User
9.1 Overview
9.2 Europe Digital Experience Monitoring Market, By End User (2021 and 2028)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
9.4 IT and Telecommunications
9.4.1 IT and Telecommunications: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Retail and Consumer Goods
9.5.1 Retail and Consumer Goods: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Healthcare and Life Sciences
9.6.1 Healthcare and Life Sciences: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Others: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Digital Experience Monitoring Market – By Country Analysis
10.1 Europe: Digital Experience Monitoring Market
10.1.1 Overview
10.1.2 Europe Digital Experience Monitoring Market Breakdown, by Country
10.1.2.1 Germany Digital Experience Monitoring Market, Revenue and Forecast to 2028
10.1.2.1.1 Germany Digital Experience Monitoring Market Breakdown, By Enterprise Size
10.1.2.1.2 Germany Digital Experience Monitoring Market Breakdown, By Deployment Type
10.1.2.1.3 Germany Digital Experience Monitoring Market Breakdown, By End User
10.1.2.2 France Digital Experience Monitoring Market, Revenue and Forecast to 2028
10.1.2.2.1 France Digital Experience Monitoring Market Breakdown, By Enterprise Size
10.1.2.2.2 France Digital Experience Monitoring Market Breakdown, By Deployment Type
10.1.2.2.3 France Digital Experience Monitoring Market Breakdown, By End User
10.1.2.3 Italy Digital Experience Monitoring Market, Revenue and Forecast to 2028
10.1.2.3.1 Italy Digital Experience Monitoring Market Breakdown, By Enterprise Size
10.1.2.3.2 Italy Digital Experience Monitoring Market Breakdown, By Deployment Type
10.1.2.3.3 Italy Digital Experience Monitoring Market Breakdown, By End User
10.1.2.4 UK Digital Experience Monitoring Market, Revenue and Forecast to 2028
10.1.2.4.1 UK Digital Experience Monitoring Market Breakdown, By Enterprise Size
10.1.2.4.2 UK Digital Experience Monitoring Market Breakdown, By Deployment Type
10.1.2.4.3 UK Digital Experience Monitoring Market Breakdown, By End User
10.1.2.5 Russia Digital Experience Monitoring Market, Revenue and Forecast to 2028
10.1.2.5.1 Russia Digital Experience Monitoring Market Breakdown, By Enterprise Size
10.1.2.5.2 Russia Digital Experience Monitoring Market Breakdown, By Deployment Type
10.1.2.5.3 Russia Digital Experience Monitoring Market Breakdown, By End User
10.1.2.6 Rest of Europe Digital Experience Monitoring Market, Revenue and Forecast to 2028
10.1.2.6.1 Rest of Europe Digital Experience Monitoring Market Breakdown, By Enterprise Size
10.1.2.6.2 Rest of Europe Digital Experience Monitoring Market Breakdown, By Deployment Type
10.1.2.6.3 Rest of Europe Digital Experience Monitoring Market Breakdown, By End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
12.1 AppDynamics LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BMC Software, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Broadcom Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Catchpoint Systems, inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dynatrace LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 IBM Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Micro Focus
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Oracle Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Riverbed Technology, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 SAP SE
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Lakeside Software, LLC
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 Aternity LLC
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 Nexthink SA
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES.
Table 1. Europe Digital Experience Monitoring Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Europe Digital Experience Monitoring Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 3. Germany Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 4. Germany Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Deployment Type (US$ million)
Table 5. Germany Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 6. France Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 7. France Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Deployment Type (US$ million)
Table 8. France Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 9. Italy Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 10. Italy Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Deployment Type (US$ million)
Table 11. Italy Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 12. UK Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 13. UK Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Deployment Type (US$ million)
Table 14. UK Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 15. Russia Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 16. Russia Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Deployment Type (US$ million)
Table 17. Russia Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 18. Rest of Europe Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 19. Rest of Europe Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By Deployment Type (US$ million)
Table 20. Rest of Europe Digital Experience Monitoring Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 21. Glossary of Terms, Digital Experience Monitoring Market
LIST OF FIGURES.
Figure 1. Europe Digital Experience Monitoring Market Segmentation
Figure 2. Europe Digital Experience Monitoring Market Segmentation – by Country
Figure 3. Europe Digital Experience Monitoring Market Overview
Figure 4. Europe Digital Experience Monitoring Market, By Enterprise Size
Figure 5. Europe Digital Experience Monitoring Market, By Deployment Type
Figure 6. Europe Digital Experience Monitoring Market, By End User
Figure 7. Europe Digital Experience Monitoring Market, By Country
Figure 8. Europe: PEST Analysis
Figure 9. Europe Digital Experience Monitoring Market – Ecosystem Analysis
Figure 10. Europe Expert Opinion
Figure 11. Europe Digital Experience Monitoring Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Digital Experience Monitoring Market, Forecast and Analysis (US$ Mn)
Figure 13. Europe Digital Experience Monitoring Market Revenue Share, by Enterprise Size (2021 and 2028)
Figure 14. Europe Large Enterprises: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe SMEs: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Digital Experience Monitoring Market Revenue Share, by Deployment Type (2021 and 2028)
Figure 17. Europe On-Premises: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Cloud: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Digital Experience Monitoring Market Revenue Share, by End User (2021 and 2028)
Figure 20. Europe BFSI: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe IT and Telecommunications: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Retail and Consumer Goods: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Healthcare and Life Sciences: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Others: Digital Experience Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Digital Experience Monitoring Market, by Country – Revenue (2021) (US$ Million)
Figure 26. Europe Digital Experience Monitoring Market Breakdown, by Country, 2021 & 2028(%)
Figure 27. Germany Digital Experience Monitoring Market, Revenue and Forecast to 2028 (US$ million)
Figure 28. France Digital Experience Monitoring Market, Revenue and Forecast to 2028 (US$ million)
Figure 29. Italy Digital Experience Monitoring Market, Revenue and Forecast to 2028 (US$ million)
Figure 30. UK Digital Experience Monitoring Market, Revenue and Forecast to 2028 (US$ million)
Figure 31. Russia Digital Experience Monitoring Market, Revenue and Forecast to 2028 (US$ million)
Figure 32. Rest of Europe
