An analysis of change and configuration management market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
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The North America region dominates the change and configuration management market followed by Europe owing to its technological advancements and stable economy. APAC is anticipated to grow rapidly during the forecast period owing to its huge population and increase in awareness about the benefits amongst customers. The increase in the usage of BYOD and IoT services in various sectors has resulted in the growth in the demand for the system. There is an augmented competition in this region as various vendors are coming up with advanced technologies to increase their market share and gain a competitive advantage.
Change and Configuration Management Market demonstrates a steady growth due to the ever-increasing demand for robust operations, improved security, and efficient utilization of resources. Change and configuration management deals with the process of analyzing the current state, identifying change requirements, and planning a change in the strategy. During the implementation process, change and configuration management system assists by providing knowledge, skills, and techniques required to manage people and changes in the projects. This helps in providing greater productivity in an enterprise, improving the market share of users. Due to the growing demand for customized products, software managers face problems during the deployment phase as even minor changes can have major implications, which enhance the demand for change and configuration management systems. The market is being driven by factors such as increased focus on identification, planning, maintaining, controlling, and auditing.
The change and configuration management market will witness major opportunity in the present era as customers demand customized products with greater specifications, increasing the developer’s complexity. Enterprises face difficulty in integrating various mechanical, electrical, and software components, which further augment the need for change and configuration management system. However, varied application practices in an enterprise are restraining the growth of the market.
BFSI accounts for the majority of share in the change and configuration management market as the technology helps in reducing risks and eliminates repeatable operation and human errors. The major application segments include healthcare, BFSI, Education, Government, and IT sectors. It also makes the organization avoid regulatory breaches to create awareness to respond to emergencies. Moreover, Education, Government, Healthcare, and IT are the other sectors, which use this technology to improve productivity and efficiency.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Amazon Web Services
- BMC Software
- CA technologies
- Chef Software
- Hewlett-Packard Enterprise Company
- IBM Corporation
- Microsoft Corporation
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The change and configuration management market is fragmented with the presence of a substantial number of players. Some of the players present in the market are Amazon Web Services, Ansible, BMC Software, CA technologies, Chef Software, Codenvy, Hewlett-Packard Enterprise Company, IBM Corporation, Microsoft Corporation, Puppet, and ServiceNow.