Global Change and Configuration Management Software Market 2017-2021

Overview of the global change and configuration management software market

According to Technavio’s analyst, the global change and configuration management software market is anticipated to grow at a steady rate and will post a CAGR of close to 7% during the forecast period. The increasing adoption of cloud-based CCMS will drive the growth prospects for the global change and configuration management software market until the end of 2021. Some of the major factors responsible for the growing adoption of cloud-based CCMS includes low maintenance costs, less dependency on in-house IT personnel, limited requirements for hardware infrastructure, easier and faster implementation of IT solutions, and no licensing costs. In addition, high speed of deployment, lower upfront costs, and flexibility to scale up and down depending on the company's requirements will further push the demand for cloud-based CCMS and change control software, which, in turn, will accelerate the revenue generation in the global CCMS market. Furthermore, the implementation of cloud-based configuration management tools reduces the cost, boosts ROI, shortens the implementation time, and enable organizations to access data and services remotely through a web browser without installing and managing application software.

The automation of CCMS will drive the growth prospects for the global change and configuration management software market for the next four years.  Automation of change and software configuration management processes creates a template that guides the evolution of a change ticket and minimizes the need for human attention.

Competitive landscape and key vendors

The global change and configuration management software market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. According to the market research report, a large number of these vendors are increasingly focusing on gaining high visibility, a deep penetration into the market, and a strong momentum for growth. Furthermore, it has been observed that several major vendors operating in the market are based on revenue, technology, geographical presence, and end-users.

Key vendors in this market are -

• HPE
• IBM
• Microsoft
• Oracle
• VMware

Other prominent vendors in the market include BMC Software, CA Technologies, Computer Sciences, eG Innovations, Interlink Software Services, Ipswitch, LANDesk Software, SAP, Serena Software, and SunView Software.

Segmentation by deployment model and analysis of the change and configuration management software market

• Cloud-based CCMS
• On-premises CCMS

The global cloud-based change and configuration management software (CCMS) market segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market segment's growth is the increasing focus of enterprises on reducing their IT infrastructure costs, improving the flexibility, agility, and efficiency of business operations.

Segmentation by geography and analysis of the change and configuration management software market

• Americas
• APAC
• EMEA

In terms of geography, the Americas accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. However, the market will witness a decline in the growth rate due to the implementation of new technologies like virtualization, cloud computing, and SaaS-hosted services in various countries such as Brazil, Chile, and Argentina.

Key questions answered in the report include

• What will the market size and the growth rate be of the global change and configuration management software market in 2021?
• What are the key factors driving the global change and configuration management software market?
• What are the key market trends impacting the growth of the global change and configuration management software market?
• What are the challenges to market growth?
• Who are the key vendors in the global change and configuration management software market?
• What are the market opportunities and threats faced by the vendors in the global change and configuration management software market?
• What are the trending factors influencing the market shares of the global change and configuration management software market in Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global change and configuration management software market?

Technavio also offers customization on reports based on specific client requirement.

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