The global configuration management tools market is expected to grow from USD 2.19 billion 2017 to USD 5.79 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 14.90%.
"Need to accommodate continuous changes in user requirement, policy, budget, and schedule
is one of the factors largely attributing to the growth of configuration management tools market globally"
The factors attributing to the growth of the market are need to accommodate continuous changes in user requirement, policy, budget, and schedule, automated management of processes and policies, and need for scalable and flexible systems that help to develop coordination among stakeholders. However, some factors such as and limited operating system support may hinder the market growth. The global configuration management tools market is expected to showcase the opportunities such as development of configuration management tools with the devops approach, and increasing demand for dynamic and agile systems. In the near future, the market may face the possible challenges in the growth due to and third-party integrations and open-source vulnerabilities. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global configuration management tools market market."Telecommunication: The highest growing industry for the global configuration management tools market"
On the basis of industry, the global configuration management tools market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industry, the Telecommunication has captured the maximum market share while the Education has the opportunity to emerge with the highest CAGR."On-Premises: The highest growing deployment for the global configuration management tools market"
On the basis of deployment, the global configuration management tools market is studied across On-Cloud and On-Premises. Among all these deployment, the On-Premises has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR."Americas: The highest growing geography for the global configuration management tools market"
On the basis of geography, the global configuration management tools market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.
"Amazon Web Services: The potential growing player for the global configuration management tools market"
The key players profiled in the global configuration management tools market are Amazon Web Services, Atlassian, BMC Software, CA Technologies, Chef Software Inc., Description, GitLab, Hewlett Packard Enterprise Development LP, IBM Corporation, JetBrains, LANDESK, Red Hat Inc., Microsoft, Oracle Corporation, Puppet, and ServiceNow.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global configuration management tools market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global configuration management tools market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global configuration management tools market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global configuration management tools market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global configuration management tools market.