Product analysis and optimization is the cornerstone of achieving success in any business. And, since this requires streamlining of processes that are responsible for maintaining consistency in functionality, performance and design (including physical attributes. And, this is what is driving the global configuration market onto a high growth trajectory.
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It is believed that configuration management system market will witness growth between 2018 and 2028 owing to these factors. The market is set to chart a stellar CAGR (Compound Annual Growth Rate) of about 15.1%. And, it won’t be wrong to say that emergence of digital technologies has had a critical role to play. In the coming years players operating in the market landscape will direct their efforts towards simplifying and synchronizing IT resources.
Besides, as the world is moving gradually towards Agile systems, need to combine DevOps with configuration management tools is being noted. In the ITeS and Telecom sector, configuration management systems significant role, every step of the way. Technological advancement the field notes on a daily basis further accelerates the need for the configuration management systems. It won’t be wrong to say that this will be due to two reasons – extends scalability and flexibility to operations.
The global configuration management market is fragmented and prominent players include Microsoft (US), AWS (US), Oracle (US), BMC Software (US), IBM (US), Alibaba Cloud (China), CA Technologies (US), Puppet (US), Ansible (US), Chef (US), Micro Focus (UK), CloudBees (US), Northern Tech AS (Norway), Canonical (UK), SaltStack (US), Octopus Deplot (Australia), JetBrains (Czech Republic), Codenvy (US), and ServiceNow (US).
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It is pertinent to note here that region-wise, North America will hold a dominant position. It is because it is witnessing tremendous growth in IT infrastructure. Besides, quite a few leading players like Microsoft flank the market landscape in the region. Moreover, economies in the region have a high level of tech adoptability.