Change and Configuration Management Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI2428

Summary Methodology

Change and Configuration Management Market size 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 solution also provides other benefits such as reduced costs and risks by providing constant maintenance system, auditing, and record keeping, avoiding duplication and mistakes. An updated software system will reduce the risk for security breaches by taking proactive action before the problem arises thus saving time and money It also improves the reliability and stability of the system and efficient operation of the organization.

The configuration management helps clients where there is a change in the product specification whereas change management takes place whenever there are changes in the time and money constraints. For instance, a project would take a longer time for its completion rather than the time allotted earlier. Change management assists in handling these changes without having major impacts on the entire project, maintaining the efficiency and quality.

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 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.

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.

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.

The major players are engaged in new product launches, partnerships, mergers and acquisitions, and expansion to acquire a higher market share and gain a competitive advantage. For instance, in September 2016, HCL and IBM entered into a 15-year partnership, which helps them build the industry leading Automation and DevOps solution, assisting the success of their digital enterprise. Both companies will work together for future product development for various platforms, change and configuration management being one of them. This partnership will help the companies to increase their customer base.

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X