According to new market research report "Change and Configuration Management Market by Components (Software
and Services), Deployment (Cloud and On-premise), Organization Size (SME and
Enterprises), Vertical, and Region - Global Forecast to 2021", The change and configuration management market size is
estimated to grow from USD 1.21 Billion in 2016 to USD 2.04 Billion by 2021, at
a Compound Annual Growth Rate (CAGR) of 11.0%.
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in-depth TOC on “Change and Configuration
Management Market”
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“Change and Configuration
Management Market by Components (Software and Services), Deployment (Cloud and
On-premise), Organization Size (SME and Enterprises), Vertical, and Region -
Global Forecast to 2021”
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Factors such as simplified management of IT
resources in a complex IT ecosystem has increased its application across
various industry sectors and is driving the change and configuration management
market.
The software segment for change and configuration
management market is expected to hold the largest market size during the
forecast period.
An IT ecosystem is composed of physical aspects as
well as logical aspects such as source codes, requirement documents, reports,
test cases, test scripts, and more. Change and configuration management
software can enable administrators to control the complex processes involved in
the management of this ecosystem and streamline them. The benefits arising from
the usage of these software are improved compliance with regulations, higher
productivity, and lower costs, to name a few.
The SME market for change and configuration
management is expected to grow at the highest CAGR during the forecast period.
There is always a strain on resources for SMEs, in
such a scenario the extent of flexibility and automation allowed for by
configuration management tools can be highly beneficial. Effective change and
configuration management policies can also be beneficial when partnering with
larger organizations, as they might expect such practices to be in place while
considering companies to partner with to reduce their overheads.
Rapid adoption of change and configuration
management practices due to a strong and well established economy makes North
America the largest market in terms of global share.
The North American region contains developed
countries, which have a deep-rooted infrastructure, thus favoring the huge
demand in change and configuration management market. Top contributing
countries to the change and configuration management market in North America
include the U.S. and Canada. The cause for the dominance of these countries is
their well-established economies, which allow for investments in new
technologies. The change and configuration management market is expected to
rise significantly, due to the increasing demand for agile IT infrastructures
driven by emergence of digital technologies.
The major vendors in the change and configuration
management market include IBM (U.S.), Microsoft (U.S.), HP (U.S.), CA
Technologies (U.S.), ServiceNow (U.S.), BMC Software (U.S.), AWS (U.S.), Chef
Software Inc. (U.S.), Ansible (U.S.), Codenvy (U.S.), and Puppet (U.S.) among
others.
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Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
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