Market Highlights

The configuration management market is anticipated to grow by US$3.7 Billion by 2025 rapidly growing at a CAGR of 13.4% during the forecast period. The global configuration management market is driven by continuous advancement in technology as well as very well-developed IT infrastructure across organizations operating in different regions around the world. These factors have helped shape the configuration management market and are expected to boost the growth. Companies in the configuration management market could also face challenges such as challenging deployment processes as well as lack of technically sound professionals. The details covered in the configuration management market report cover all the aspects of the industry. Analysts studying the configuration management market have also shared growth projections in the report and have suggested configuration management market players to plan business strategies accordingly.

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Segmentation:

The global configuration management market has been segmented based on components, vertical, and enterprise size. On the basis of components, the market for configuration management is segmented based on solution, service-managed and professional. Additionally, the market on the basis of enterprise size, is segmented into large enterprises and small & medium enterprises. The global market for configuration management is also covered based on the verticals segment which is further split into BFSI, consumer goods, education, healthcare, IT & telecommunication, manufacturing, others.

Factors like presence of major technology companies as well as investment in new businesses performing well in the market support the configuration management market growth. The performance of the configuration management market has also been studied for the past and current years. Additionally, the configuration management market report provides analysis of these segments. The configuration management market segmental analysis provided in the report offers major details about the configuration management market based on the data and forecasts till 2024.

Regional Overview

Companies in the configuration management market are spread across the world. The configuration management market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American configuration management market has many companies across the United States, Canada, and Mexico. The configuration management market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the configuration management market can be found in the market research report. Europe has companies in the configuration management market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the configuration management market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The configuration management market is supported by growing demand for lean and agile IT infrastructure solutions along with complete digital transformation initiatives being funded by undertaken by several major companies around the world. The population growth around the world and increasing demand of configuration management market based services and products also support the market growth. However, the configuration management market growth can be affected due to complex deployment and lack of professional IT service providers and individuals. The report covers all such details which will help companies in the configuration management market to strengthen their business plan and improve their product portfolio. The configuration management market research report also provides company profiles of major companies. The company profiles of many organizations operating in the configuration management market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the configuration management market. New companies and established businesses can plan their strategies based on this data provided in the configuration management market research report.

Industry News

Red Hat, Inc. has recently announced its plan to buy the StackRox container and the Kubernetes-Native Security Business. Kubernetes, one of the fastest-growing open-source initiatives, is the backbone of cloud-based systems that are critical to the digital revolution that is taking place through industries. Through adding StackRox's native security capabilities to Red Hat OpenShift, Red Hat is extending its vision to include a single, holistic architecture that allows users to develop, deploy, and safely run virtually any application across the entire hybrid cloud.

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Configuration Management Market Research Report: By Component (Solution, Service-Managed and Professional), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Vertical (BFSI, Retail 8 Consumer Goods, Transportation, Energy & Utility, Healthcare, Manufacturing and other) and Region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America) - Forecast till 2024

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