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The capacity management market size is expected to grow from
USD 597.5 million to USD 1,557.9 million by 2023, at a Compound Annual
Growth Rate (CAGR) of 21.1% during the forecast period. Capacity
management solutions empower enterprises and enable them to
efficiently plan their IT infrastructures and resource capacities.
These solutions also help predict the future trends of IT resource
requirements to avoid outages and optimize costs incurred toward
under-utilized resources. The capacity management market is
expected to gain traction, as organizations are deploying adequate
capacity management solutions for effectively allocating and
utilizing their IT resources, depending on their demand and
optimization costs. However, the slow adoption of capacity planning
among Small and Medium-sized Enterprises (SMEs) is expected to
impact the capacity management market's growth.
The solutions subsegment of the component segment is expected to
hold the larger market size during the forecast period
Among the components segment of the capacity management market, the
solutions subsegment is estimated to contribute to the largest
market size in 2018.Capacity management solutions help enterprises
optimize their costs and resources that further reduces their
business risks.
These solutions is widely adopted among industry verticals, due to
the increasing complexities of IT infrastructures and the fierce
market competition. However, the services subsegment under the
component segment is expected to grow at a higher CAGR, as
organizations are focusing on improving and enhancing their
customer relationships with the help of capacity management
services.
The cloud deployment type is expected to grow at a higher CAGR
during the forecast period
Cloud is the fastest growing deployment type in the capacity
management market. It is expected to grow at a higher CAGR of 24.6%
during the forecast period. Enhanced security features, interactive
dashboards, ease of flexibility, and better scalability are some of
the major factors that are expected to encourage enterprises across
the globe to adopt the cloud deployment type. Moreover, the
cloud-based deployment model offers higher agility as compared to
that of the on-premises deployment model.
Asia Pacific (APAC) is expected
to be the fastest growing region during the forecast period
Asia Pacific (APAC) is expected to
be the fastest growing region during the forecast period.The high
growth rate in the APAC region can be attributed to the positive
outlook of countries toward the utilization of application
management, storage management, and network capacity management for
various business processes.
Furthermore, the growing need for cost optimization and effective
utilization of IT infrastructures is expected to propel the demand
for capacity management solutions and associated services.
In the process of determining and verifying the total market size,
several segments and subsegments were gathered through secondary
research and extensive primary interviews were conducted with key
people. The breakdown of the primary participants is as
follows:
• By Company: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 72%, Director level – 17%, and Manager
level – 11%
• By Region: North America – 45%,
Europe – 20%, APAC – 30%, and RoW
– 05%
Capacity management ecosystem comprises service and solution
providers, such as IBM (US), BMC Software (US), CA Technologies
(US), NetApp (US), Riverbed Technology (US), HPE (US), TEOCO (US),
VMware (US), Sumerian (Scotland),
Syncsort (US), TeamQuest (US), Nlyte Software (US), CPT Global
(Australia), Neubrain (US), Axway
(US), IDERA (US), SolarWinds
Worldwide (US), Turbonomic (US), Aspire Technology (Ireland), ASG Technologies (US), ManageEngine-
IT division of Zoho Corp (US), Planview (US), and HelpSystems
(US).
Research Coverage
The report includes in-depth competitive analysis of the key
players in the capacity management market, with their company
profiles, recent developments, and key market strategies. The
research report segments the capacity management market by
component, deployment type, organization size, vertical, and
region.
Reasons to Buy the Report
The capacity management market has been segmented by component,
deployment type, organization size, vertical, and region. The
report would help market leaders/new entrants in this market in the
following ways:
1. The report segments the capacity management market
comprehensively and provides the closest approximations of the
revenue numbers for the overall market segments and subsegments.
The market numbers are further split across different verticals and
regions.
2. The report helps the stakeholders to understand the pulse of the
market and provides them information on key market drivers,
restraints, challenges, and opportunities.
3. This report helps the stakeholders to understand their
competitors better and gain more insights to improve the position
of their businesses. There is a separate section on the competitive
landscape, including competitor ecosystem and mergers and
acquisitions. Besides, there are company profiles of major vendors
offering capacity management solutions and services.
Download the full report:
https://www.reportbuyer.com/product/5377121
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