New York 15 June 2018: As per the new study published by Bizwit Research & Consulting, Global Capacity Management market was valued approximately USD 0.59 billion in 2016, is anticipated to grow at a CAGR of 22% during the forecasted period. Capacity management demand is increasing fast as it offers easy-to-use solutions and capacity forecasting to the Information technology industry. Moreover, it saves cost and time, and increases return on investment (ROI), and improve staff productivity that provides accurate results, giving growth to the market in the forecasted period. Moreover, increasing complexities in IT infrastructures are creating significant opportunities in the market.
Capacity management is a process that controls over IT resource (nature, human, capital resources) utilization. Its major goal is to confirm that organizational resource such as labor force, manufacturing, and raw materials, office space, inventory, technology, and equipment are of the right size to meet future and present business requirement in a cost-effective manner.
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Capacity Management Market by Component (Solutions, and Services), Organization Size (Large Enterprise, and SMEs), Deployment Type (Cloud, and On-Premises), Vertical (IT, Telecom, Healthcare, Manufacturing BFSI), and Regional Forecasts, 2017-2025.
Key findings of the study:
The on-premises deployment mode is anticipated to dominate the market between 2017 and 2025.
The vertical capacity management subsegment is likely to grow at the CAGR of above 22% during the forecast period.
North America is likely to account for the largest market size, due to adoption of latest technological advancements.
VMware, IBM, and BMC software are leading the market with a combined market share of more than 22% in 2016.
- Management and Consulting
- Banking and Financial Services
- Transportation and Logistics
- Government and Public Sector
- Large Enterprises
- Small and medium-sized enterprises
- North America
- Asia Pacific
- Rest of the World
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