Configuration Management Market

Surge in demand for automated IT resource management across various sectors drives market growth

The rise in configuration management adoption due to its ability to define and enforce formal policies and procedures governing status monitoring, auditing, and asset identification, as well as the rise in management popularity for providing stability, control, and enhanced efficiencies by improving visibility and tracking, all have an impact on the market.

Furthermore, the emergence of digital technologies, widespread acceptance of configuration systems inside software, and growing digitization all have a favorable impact on the configuration management market. Furthermore, the potential coupling of configuration management tools with the DevOPs strategy, as well as an increase in demand for agile systems, provide attractive opportunities to market participants from 2019 to 2030.

Diverse enterprise applications, as well as third-party integrations, acquisitions, and collaborations, are projected to stymie industry expansion. The GUI development difficulty for vast volumes of data is expected to be a challenge to the configuration management business between 2019 and 2030.

For instance, Kamatera Inc. provides a cloud application deployment tool, while CFEngine provides a configuration management solution that aids in the automation of a large number of computer systems. Puppet is a software configuration management solution that aids in the deployment, setup, and management of servers. Thus, Enterprises of all sizes utilize these technologies for effective configuration management market revenue.

The Global Configuration Management Market Industry experiences a notable surge in demand for automation solutions. Organizations increasingly seek to streamline their IT operations, reduce manual errors, and enhance efficiency. Automation tools facilitate real-time monitoring and management of configurations, which is crucial for maintaining system integrity. As businesses transition to automated environments, the market is projected to reach 2.7 USD Billion in 2024. This trend indicates a growing recognition of the benefits of automation in configuration management, driving investments in advanced tools and technologies.

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America dominates the configuration management market because to its well-established economy, which allows firms to invest in change and configuration management software within the area. Because of increased knowledge of the benefits of change and configuration management systems in the region, Asia-Pacific is predicted to expand the fastest during the projection period of 2019 to 2030.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2:CONFIGURATION MANAGEMENT MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europeconfiguration management market accounts for the second-largest market share due to the rise of digital technologies and the resulting rise in demand for agile IT infrastructures. Further, the German configuration management market held the largest market share, and the UK configuration management market was the fastest growing market in the European region

The Asia-Pacific Configuration Management Market is expected to grow at the fastest CAGR from 2023 to 2030.This can be attributed to the industry's quick adoption of cloud computing technology as well as growing awareness of agile and devops techniques. Moreover, China’s configuration management market held the largest market share, and the Indian configuration management market was the fastest growing market in the Asia-Pacific region.

For instance, the State Council's Development Research Center forecasts that China's cloud computing market will reach USD 42.3 billion by 2023. (DRC). From its market value in 2018, this has increased by more than three times. During this period, it is anticipated that more than 60% of the nation's businesses and government agencies will use cloud computing on a regular basis.

Leading market players are making significant R&D investments to broaden their product portfolios, which will spur further market expansion for configuration management. Market participants are also engaging in a range of strategic initiatives to broaden their worldwide reach. Significant market developments include new product launches, contractual agreements, mergers and acquisitions, greater investments, and collaboration with other organizations. The configuration management industry must provide affordable products if it is to grow and thrive in a market that is becoming more competitive and challenging.

Producing locally to reduce operating costs is one of the most important business strategies adopted by manufacturers in the configuration management industry to serve clients and expand the market sector. In recent years, the configuration management industry has delivered some of the most significant advances to medicine. HP Development Company LP, BMC Software Inc., Oracle, Puppet Labs, Chef Software Inc., and others are major players in the configuration management market. Because these large corporations control the market, it is consolidated. As a result, market concentration is expected to be significant.

Microsoft Corporation is a worldwide technology company with its main office in Redmond, Washington. The Windows family of operating systems, the Microsoft Office package, and the Internet Explorer and Edge web browsers are among Microsoft's most well-known software offerings. The Xbox video gaming consoles and the Microsoft Surface range of touch screen personal PCs are its two main hardware offerings. Microsoft, the largest software maker in the world by sales as of 2019, was ranked No. 21 in the 2020 Fortune 500 rankings of the biggest American firms.

Together with Alphabet (Google), Amazon, Apple, and Meta, it is one of the Big Five American technological firms (Facebook). In May 2020, Microsoft revealed intentions to rename current update channels as well as the creation of a new monthly update channel for businesses utilizing the Microsoft 365 Apps service, formerly known as Office 365 ProPlus. Using Microsoft's most recent setup and administration tools, which will take into account the new channel name changes in June 2020, is also advised.

The Hewlett Packard Enterprise Company (HPE) is an American information technology corporation headquartered in Spring, Texas. HPE was created on November 1, 2015, in Palo Alto, California, as part of the Hewlett-Packard Company’s separation. It is a company that specializes in servers, storage, networking, containerization software, and consultancy and support. In May 2020, Aruba, a Hewlett Packard Enterprise business, announced the integration of Aruba Clear Pass Policy Manager with Microsoft endpoint protection solutions to bring substantial breakthroughs in enterprise cyber attack prevention.

Aruba has completed Clear Pass Policy Manager integration, testing, and verification with Microsoft Endpoint Manager, a unified management platform that combines Configuration Manager and Microsoft In tune.