How Big is the Uptime Monitoring Market?
Website uptime monitoring and traffic route analysis are two parts of the IT infrastructure monitoring market. But in terms of commerce and content digestion they are the most important parts.
People, consumers, do not judge companies on how cool their back office servers are or if they have the latest switch or router. Consumers judge companies on their websites, on their ease of use and on their accessibility. If a website takes more than 15 seconds to load, the consumer will leave for a competitor. 15 SECONDS. That's less time then it took you to read the first two paragraphs.
As such, companies spend millions to understand how their sites appear to their consumers. This spend totaled $19.4 billion in 2016 and is estimated to jump to $34.1 billion by 2024. https://www.whatech.com/market-research/it/archive/206674-it-infrastructure-monitoring-market-will-be-worth-us-34-1-billion-by-2024-according-to-new-research-report
Uniquely, the current products on the market, dont actually give companies a true view into the consumer experience. The view companies currently see are that of an automated process sitting at a data center in or near a large metropolitan area.
This means that if Disney wants to understand how fast their website loads for a child in the suburb of Thousand Oaks, CA, (about 20 miles north of Los Angeles) the data they are currently being provided is coming from a data center located near LA Airport, (10 miles south of LA). The user is 30 miles away. How accurate do you really think that data is?
This is why we created Path. Our data comes from users sitting in Thousand Oaks, CA or Cobham, United Kingdom or Yaba, Nigeria. We have nodes all over the world because our operators are all over the world. Our nodes are on the operators mobile devices, home computers and IoT systems.
Path is the future of the $34.1 billion market.