The configuration management market is expected to grow at a CAGR of 12.78%, reaching a market size of US$6.299 billion in 2029 from US$3.452 billion in 2024.
Configuration management software is an essential aspect of contemporary IT infrastructure management. It allows organizations to control, oversee, and manage the effective deployment of all hardware, software, and networks in their possession. In its most basic form, configuration management software aids in the structured management of the entire lifecycle of configuration items (CIs) within complicated systems in IT, promoting stability, reliability, and standards adherence.
It can be used in enterprise resource planning (ERP) and project management to help businesses efficiently manage and control how resources, assets, and project deliverables are configured. These solutions streamline collaboration among project stakeholders, improve change management procedures, and provide real-time visibility into project status and progress by centralizing project data, schedules, and documentation on a single platform.
The strategic management of product configuration improves the processes of development pursued by manufacturers, designers or service providers by improving collaboration and avoiding unproductive steps. This is especially useful for businesses that handle complex platforms and products or go-to-market strategies involving variants. All product stakeholders can see the changes when a linked digital thread and a robust product CM solution are integrated. This enhances quality, boosts compliance confidence, and enables effective concurrent manufacturing.
Moreover, configuration management software helps organizations in optimizing their IT processes, increasing the reliability of systems and sustaining adherence to regulatory obligations. In the Asia Pacific, which has a rising ecosystem of startups and SMEs in addition to the existing corporations, the application of configuration management software is more important.
Configuration management software is an essential aspect of contemporary IT infrastructure management. It allows organizations to control, oversee, and manage the effective deployment of all hardware, software, and networks in their possession. In its most basic form, configuration management software aids in the structured management of the entire lifecycle of configuration items (CIs) within complicated systems in IT, promoting stability, reliability, and standards adherence.
It can be used in enterprise resource planning (ERP) and project management to help businesses efficiently manage and control how resources, assets, and project deliverables are configured. These solutions streamline collaboration among project stakeholders, improve change management procedures, and provide real-time visibility into project status and progress by centralizing project data, schedules, and documentation on a single platform.
Configuration management market drivers?
High demand for product configuration management is anticipated to boost market growth
Product configuration is the process of organizing and choosing components to satisfy a given set of requirements. It is also known as knowledge-based configuration. Buyers in manufacturing industries are increasingly turning to more specialized and tailored products.The strategic management of product configuration improves the processes of development pursued by manufacturers, designers or service providers by improving collaboration and avoiding unproductive steps. This is especially useful for businesses that handle complex platforms and products or go-to-market strategies involving variants. All product stakeholders can see the changes when a linked digital thread and a robust product CM solution are integrated. This enhances quality, boosts compliance confidence, and enables effective concurrent manufacturing.
Configuration management market - geographical outlook
Asia Pacific is witnessing exponential growth during the forecast period
The fast pace of digitalization in the Asia Pacific region, increased adoption of cloud technology, and the growing need for proper IT infrastructure management are propelling the regional configuration management software market’s growth.Moreover, configuration management software helps organizations in optimizing their IT processes, increasing the reliability of systems and sustaining adherence to regulatory obligations. In the Asia Pacific, which has a rising ecosystem of startups and SMEs in addition to the existing corporations, the application of configuration management software is more important.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The configuration management market is segmented and analyzed as follows:
By Asset
- Server Infrastructure
- Network Devices
- Cloud Resources
- Security Devices
- Edge Infrastructure
By Enterprise Size
- Small and Medium Enterprise (SMEs)
- Large Enterprise
By Services
- Managed Services
- Professional Services
By End-User Industry
- IT and Telecommunication
- BFSI
- Government and Public Sector
- Manufacturing
- Retail and Consumer Goods
- Others
By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. CONFIGURATION MANAGEMENT MARKET BY ASSET
6. CONFIGURATION MANAGEMENT MARKET BY ENTERPRISE SIZE
7. CONFIGURATION MANAGEMENT MARKET BY SERVICES
8. CONFIGURATION MANAGEMENT MARKET BY END-USER INDUSTRY
9. CONFIGURATION MANAGEMENT MARKET BY GEOGRAPHY
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
11. COMPANY PROFILES
Companies Mentioned
- Amazon Web Services, Inc.
- Broadcom
- Cisco Systems, Inc.
- Microsoft
- Oracle
- CloudBees, Inc.
- BMC Software, Inc.
- Micro Focus
- Canonical Ltd.
- SaltStack
- JetBrains s.r.o.
- Atlassian
- Puppet
- ServiceNow
- NetApp
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | October 2024 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value ( USD | $ 3.45 billion |
| Forecasted Market Value ( USD | $ 6.3 billion |
| Compound Annual Growth Rate | 12.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
