Configuration Management Market Size, Share, Opportunities, And Trends By Asset (Server Infrastructure, Network Devices, Cloud Resources, Security Devices, Edge Infrastructure), By Enterprise Size (Small and Medium Enterprise (SMEs), Large Enterprise), By Services (Managed Services, Professional Services), By End-User Industry (IT and Telecommunication, BFSI, Government and Public Sector, Manufacturing, Retail and Consumer Goods, Others), And By Geography - Forecasts From 2024 To 2029
- Published : Oct 2024
- Report Code : KSI061617117
- Pages : 145
Configuration management market size
The configuration management market is expected to grow at a CAGR of 12.78%, reaching a market size of US$6.299 billion in 2029 from US$3.452 billion in 2024.
Configuration management software is an essential aspect of contemporary IT infrastructure management. It allows organizations to control, oversee, and manage the effective deployment of all hardware, software, and networks in their possession. In its most basic form, configuration management software aids in the structured management of the entire lifecycle of configuration items (CIs) within complicated systems in IT, promoting stability, reliability, and standards adherence.
It can be used in enterprise resource planning (ERP) and project management to help businesses efficiently manage and control how resources, assets, and project deliverables are configured. These solutions streamline collaboration among project stakeholders, improve change management procedures, and provide real-time visibility into project status and progress by centralizing project data, schedules, and documentation on a single platform.
What are the configuration management market drivers?
- High demand for product configuration management is anticipated to boost market growth
Product configuration is the process of organizing and choosing components to satisfy a given set of requirements. It is also known as knowledge-based configuration. Buyers in manufacturing industries are increasingly turning to more specialized and tailored products.
The strategic management of product configuration improves the processes of development pursued by manufacturers, designers or service providers by improving collaboration and avoiding unproductive steps. This is especially useful for businesses that handle complex platforms and products or go-to-market strategies involving variants. All product stakeholders can see the changes when a linked digital thread and a robust product CM solution are integrated. This enhances quality, boosts compliance confidence, and enables effective concurrent manufacturing.
- Enhanced infrastructure and streamlined management process propel market growth
Software consolidates control over configuration items, such as servers, networks, and databases, to guarantee the stability and dependability of IT infrastructures. By automating discovery and inventory processes, CMS enables businesses to maintain a precise and current record of their environment's hardware and software components. By establishing a single source of truth for configuration data, CMS lowers the risk of system failures, illegal changes, and configuration drift while enhancing infrastructure stability and decreasing downtime.
IT infrastructures can implement changes in a defined and controlled manner thanks to configuration management software. By enabling businesses to assess the potential effects of planned changes before implementation, CMS reduces the possibility of unanticipated outcomes or service interruptions.
- Resource allocation and cost efficiency are boosting the market growth
Configuration management software gives businesses visibility and control over their IT resources, which helps them use them more efficiently and economically. CMS's inventory management, license monitoring, and asset discovery features help businesses find underutilized resources, combine redundant assets, and optimize licensing agreements to cut costs and stay out of trouble. Moreover, provisioning and deployment processes can be automated by businesses using configuration management software, guaranteeing that resources are allocated dynamically in response to workload demands, demand, and organizational objectives.
- Integration of CI/CD pipelines is increasing the market share
The integration of continuous integration and delivery (CI/CD) pipelines is another significant development in configuration management software. CI/CD pipelines are now necessary for automating the build, test, and deployment processes as businesses strive to deliver software updates and applications more quickly.
Because it scores application environment configurations, maintains consistency between development, testing, and production environments, and enables the automated deployment of application configurations alongside code changes, this software is critical to CI/CD pipelines. Businesses can automate the software delivery lifecycle, from code commit to production deployment, by integrating configuration management systems with CI/CD platforms like Jenkins, GitLab CI/CD, and CircleCI.
Major challenges hindering the configuration management market:
- Increased complexities are anticipated to impede market growth
Organizations with complex structures, such as numerous devices, systems, applications, and configurations in their IT infrastructure, will employ configuration management tools. Increasing complexity poses a challenge to such enterprises since they have to contend with numerous older and modern systems across multiple operating systems and hosted/private clouds. Additionally, poor adoption and inconsistent practices within the organization can be caused by a lack of training and awareness regarding the significance and advantages of configuration management.
Geographical outlook of configuration management market
- Asia Pacific is witnessing exponential growth during the forecast period
The fast pace of digitalization in the Asia Pacific region, increased adoption of cloud technology, and the growing need for proper IT infrastructure management are propelling the regional configuration management software market’s growth.
Moreover, configuration management software helps organizations in optimizing their IT processes, increasing the reliability of systems and sustaining adherence to regulatory obligations. In the Asia Pacific, which has a rising ecosystem of startups and SMEs in addition to the existing corporations, the application of configuration management software is more important.
Key launches in the configuration management market
- In June 2024, the latest version of the Configuration and Data Management Software, EPOCH, was released by the independent software vendor CMstat, based in the US. Version 2.5.3.166 is its latest release.
- In February 2024, Kandji, a U.S.-based firm offering a device management and security platform, signed a deal with ServiceNow, an Apple company. As a result of this integration, the ServiceNow CMDB and data on Apple’s devices will be integrated automatically. In this partnership, Kandji intends to improve customer satisfaction and service for the existing customers developed on the ServiceNow platform.
Configuration management market scope:
Report Metric | Details |
Configuration Management Market Size in 2024 |
US$3.452 billion |
Configuration Management Market Size in 2029 |
US$6.299 billion |
Growth Rate | CAGR of 12.78% |
Study Period | 2019 to 2029 |
Historical Data | 2019 to 2022 |
Base Year | 2024 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Configuration Management Market |
|
Customization Scope | Free report customization with purchase |
The configuration management market is analyzed into the following segments:
- By Asset
- Server Infrastructure
- Network Devices
- Cloud Resources
- Security Devices
- Edge Infrastructure
- By Enterprise Size
- Small and Medium Enterprise (SMEs)
- Large Enterprise
- By Services
- By End-User Industry
- IT and Telecommunication
- BFSI
- Government and Public Sector
- Manufacturing
- Retail and Consumer Goods
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
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Frequently Asked Questions (FAQs)
The configuration management market is expected to reach a total market size of US$6.299 billion by 2029.
Configuration Management Market is valued at US$3.452 billion in 2024.
The configuration management market is expected to grow at a CAGR of 12.78% during the forecast period.
The North American region is anticipated to hold a significant share of the configuration management market.
The configuration management market growth is driven by increasing cloud adoption, automation demand, regulatory compliance, and rising cybersecurity concerns.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. CONFIGURATION MANAGEMENT MARKET BY ASSET
5.1. Introduction
5.2. Server Infrastructure
5.3. Network Devices
5.4. Cloud Resources
5.5. Security Devices
5.6. Edge Infrastructure
6. CONFIGURATION MANAGEMENT MARKET BY ENTERPRISE SIZE
6.1. Introduction
6.2. Small and Medium Enterprise (SMEs)
6.3. Large Enterprise
7. CONFIGURATION MANAGEMENT MARKET BY SERVICES
7.1. Introduction
7.2. Managed Services
7.3. Professional Services
8. CONFIGURATION MANAGEMENT MARKET BY END-USER INDUSTRY
8.1. Introduction
8.2. IT and Telecommunication
8.3. BFSI
8.4. Government and Public Sector
8.5. Manufacturing
8.6. Retail and Consumer Goods
8.7. Others
9. CONFIGURATION MANAGEMENT MARKET BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. By Asset
9.2.2. By Enterprise Size
9.2.3. By Services
9.2.4. By End-User Industry
9.2.5. By Country
9.2.5.1. United States
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America
9.3.1. By Asset
9.3.2. By Enterprise Size
9.3.3. By Services
9.3.4. By End-User Industry
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others
9.4. Europe
9.4.1. By Asset
9.4.2. By Enterprise Size
9.4.3. By Services
9.4.4. By End-User Industry
9.4.5. By Country
9.4.5.1. United Kingdom
9.4.5.2. Germany
9.4.5.3. France
9.4.5.4. Italy
9.4.5.5. Others
9.5. Middle East and Africa
9.5.1. By Asset
9.5.2. By Enterprise Size
9.5.3. By Services
9.5.4. By End-User Industry
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.2. Israel
9.5.5.3. Others
9.6. Asia Pacific
9.6.1. By Asset
9.6.2. By Enterprise Size
9.6.3. By Services
9.6.4. By End-User Industry
9.6.5. By Country
9.6.5.1. Japan
9.6.5.2. China
9.6.5.3. India
9.6.5.4. South Korea
9.6.5.5. Indonesia
9.6.5.6. Thailand
9.6.5.7. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. Amazon Web Services, Inc.
11.2. Broadcom
11.3. Cisco Systems, Inc.
11.4. Microsoft
11.5. Oracle
11.6. CloudBees, Inc.
11.7. BMC Software, Inc.
11.8. Micro Focus
11.9. Canonical Ltd.
11.10. SaltStack
11.11. JetBrains s.r.o.
11.12. Atlassian
11.13. Puppet
11.14. ServiceNow
11.15. NetApp
Amazon Web Services, Inc.
Broadcom
Cisco Systems, Inc.
Microsoft
Oracle
CloudBees, Inc.
BMC Software, Inc.
Micro Focus
Canonical Ltd.
SaltStack
JetBrains s.r.o.
Atlassian
Puppet
ServiceNow
NetApp
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