GP. Bullhound report – Software sector update

Key takeaways:

1. 1. Emphasis on Full-stack Observability in APM:

• 1. • Prioritizing full-stack observability in Application Performance Management (APM) is crucial for predicting and detecting anomalies, reducing downtime, and ensuring reliability in the era of generative AI-enabled SaaS platforms.
  2. Rapid Growth of Security Testing Market:
     • The security testing market is experiencing rapid growth due to the increasing use of open source platforms and third-party components. This growth is driven by the need to safeguard digital landscapes and prevent data breaches, with the market projected to reach $41.6 billion by 2032.
  3. Transformation in Healthcare Software:
     • The healthcare software sector is undergoing a transformation, with a shift towards compact and efficient tools powered by AI and conversational analytics. This shift reflects a growing demand for agile and efficient solutions, with the global AI healthcare sector expected to reach $173.5 billion by 2029.