Pune, India, April 02, 2019 -- /360iResearch/ -- The report "Global Configuration Management Tools Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 2.19 billion in 2017 and is projected to reach USD 5.79 billion by 2024, growing at a CAGR of 14.90% from 2017 to 2024.
The major forces driving the growth of the configuration management tools market include the need to accommodate continuous changes in user requirement, policy, budget, and schedule and automated management of processes and policies. Moreover, need for scalable and flexible systems that help to develop coordination among stakeholders is also one of the factors that is driving the market growth. However certain factors such as the limited operating system support may hinder the market growth. In the middle of difficulty lies opportunity such as the development of configuration management tools with the devops approach, and increasing demand for dynamic and agile systems. The possible challenges for the market growth is third-party integrations and open-source vulnerabilities. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global configuration management tools market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Based on deployment, the global configuration management tools market is studied across On-Cloud, and On-Premises. Based on geography, the global configuration management tools market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the configuration management tools market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Amazon Web Services, Atlassian, BMC Software, CA Technologies, Chef Software Inc., GitLab, Hewlett Packard Enterprise Development LP, IBM Corporation, JetBrains, LANDESK, Red Hat Inc., Microsoft, Oracle Corporation, Puppet, and ServiceNow.
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