img

Global Capacity Management Market Size By Components, By Deployment Type, By Industry Vertical, By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Capacity Management Market Size By Components, By Deployment Type, By Industry Vertical, By Geographic Scope And Forecast

Capacity Management Market Size And Forecast

Capacity Management Market size was valued at USD 2157.27 Million in 2024 and is projected to reach USD 8337.8 Million by 2031, growing at a CAGR of 20.31% during the forecasted period 2024 to 2031.

Global Capacity Management Market Drivers

The market drivers for the Capacity Management Market can be influenced by various factors. These may include

  • Digital Transformation In order to accommodate new technologies and services, organisations are finding that it is increasingly necessary to optimise the allocation of their resources, including their IT infrastructure.
  • Cloud Computing Adoption In order to optimise costs and flexibly scale resources based on demand, organisations using cloud computing must implement effective capacity management solutions.
  • Big Data and Analytics To guarantee that storage, processing, and analysis capabilities can effectively handle growing data volumes, businesses must implement strong capacity management solutions due to the proliferation of data they generate.
  • Internet of Things (IoT) When IoT devices are deployed, massive volumes of data are generated. To process and extract insights from this data, effective capacity management solutions are needed.
  • Business Continuity and Disaster Recovery To retain sufficient resources and reduce risks, business continuity and disaster recovery require efficient capacity planning.
  • Regulatory Compliance To guarantee data security, privacy, and regulatory compliance, compliance standards across a range of industries frequently call for efficient capacity management.
  • Demand for Scalability and Flexibility To respond to changing market conditions and business requirements, organisations need capacity management systems that are both scalable and flexible in today’s quickly changing business environment.
  • Cost Optimisation By locating underutilised resources, preventing overprovisioning, and maximising resource utilisation, effective capacity management assists businesses in cutting expenses.
  • Virtualization and Containerisation To guarantee optimal resource utilisation and performance, the use of virtualization and containerisation technologies necessitates appropriate capacity management. Applications like Artificial Intelligence (AI) and Machine Learning (ML) demand large amounts of processing power. In order to guarantee that these resources are distributed effectively to support workloads involving AI and ML, capacity management solutions are required.

Global Capacity Management Market Restraints

Several factors can act as restraints or challenges for the Capacity Management Market. These may include

  • Cost For organisations, particularly smaller ones or those with limited resources, implementation and maintenance expenses can pose serious challenges. One important factor to take into account is the perceived cost-effectiveness of capacity management solutions in relation to their potential advantages.
  • Complexity Implementing and maintaining capacity management solutions can be difficult, requiring specific knowledge and resources. Some organisations could be discouraged from implementing these solutions due to their complexity, especially if they lack the infrastructure or experience that is required.
  • Integration Difficulties It might be difficult to integrate capacity management solutions with the current IT infrastructure, including cloud environments and legacy systems. Adoption may be slowed down by compatibility problems, the requirement for customisation, or the integration of additional tools and systems.
  • Data Security and Privacy Issues Gathering and evaluating vast volumes of data, including private information about IT operations and infrastructure, is a common step in capacity management solutions. Adoption may be hampered by worries about data security, privacy, and compliance with laws like GDPR and HIPAA.
  • Opposition to Change Using capacity management systems can be seriously hampered by resistance to change within organisations. Workers could be hesitant to adopt new procedures or technology, particularly if they believe they would interfere with their daily tasks or job functions.
  • Lack of Knowledge or Awareness Some organisations might not be completely aware of the advantages of capacity management or the capabilities of the solutions that are available. Overcoming this obstacle requires educating potential clients about the value of capacity management and how it might help with their particular problems.
  • Vendor lock-in Some organisations may be discouraged from using specific solutions due to concerns about vendor lock-in, which occurs when they become unduly dependent on one vendor for their capacity management requirements. Customers should take interoperability and flexibility into account while selecting providers or transferring across solutions.
  • Impact on Performance Capacity management solutions may cause latency or overhead in terms of performance, especially if they entail real-time IT infrastructure monitoring and analysis. When solutions have an adverse effect on the functionality of an organization’s systems or applications, they may be resistant to be adopted.

Global Capacity Management MarketSegmentation Analysis

Global Capacity Management Market is segmented based on Components, Deployment Type, Industry Vertical, And Geography.

 Capacity Management Market, By Components

  •  Solutionso Network Capacity Managemento Storage Capacity Managemento Application Capacity Management
  •  Serviceso Implementation and Testingo Consultingo Training and Educationo Support and Maintenance

Based on Components, the market is bifurcated into Solutions and Service. The Solutions segment is further bifurcated into Network Capacity Management, Storage Capacity Management, Application, and Capacity Management. Service segment is further bifurcated into Implementation and Testing, Consulting, Training and Education, and Support and Maintenance. By 2030, the solutions sector is anticipated to have the biggest market share, or xx percent. Capacity management tools give businesses the power to effectively plan their IT infrastructure and resource capacity in order to minimize downtime and lower costs related to performance and resources. With the help of these solutions, businesses may combine data from various processes and infrastructure components to present a complete picture of all IT assets and infrastructure on a single platform.

 Capacity Management Market, By Deployment Type

  •  On-Premises
  •  Cloud

Based on deployment type, the market is bifurcated into on-premises and cloud. The cloud based deployment type held the largest market share. The factors can be attributed to the beneficiary advantages offered by the cloud-based deployment type such as interactive dashboards, enhanced security features, ease of flexibility, and better scalability.

Capacity Management Market, By Industry Vertical

  •  Telecom
  •  Information Technology
  •  Healthcare
  •  Manufacturing
  •  Banking, Financial Services, and Insurance
  •  Retail
  •  Hospitality
  •  Government and Public

Based on Industry Vertical, the market is bifurcated into Telecom, Information Technology, Healthcare, Manufacturing, Banking, Financial Services, and Insurance, Retail, Hospitality, and Government and Public. The Telecom and Information Technology verticals held the largest market share and are projected to grow at significant CAGR. As the telecom and IT verticals are developing at quick pace, it is expected to increase the deployment of capacity management solutions across the globe during the forecasted period.

Capacity Management Market, By Geography

On the basis of regional analysis, the Global Capacity Management Market is classified into

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

During the forecast period of 2022–2030, North America will continue to rule the global capacity management market. By 2030, North America is anticipated to command the greatest market shares. Capacity management systems are anticipated to be utilized more frequently in the North American region due to the quick rate of development in the telecom and IT verticals. Additionally, because the area is home to prominent suppliers of capacity management products and services including BMC Software, IBM, and VMware. These are the main factors that will contribute to this region’s rise in the global market during the course of the projection. During the projection period, Asia Pacific is anticipated to grow quickly at a CAGR of. This is as a result of rising countries’ growing need for technology developments, like China, Japan, and India.

 Key Players

The major players in the Capacity Management Market are

  • IBM
  • BMC Software
  • CA Technologies
  • NetApp
  • Riverbed Technology
  • HPE
  • TEOCO
  • VMware
  • Sumerian
  • Syncsort
  • TeamQuest
  • Nlyte Software
  • CPT Global
  • Neubrain
  • Axway
  • IDERA
  • SolarWinds Worldwide
  • Turbonomic
  • Aspire Technology
  • ASG Technologies
  • ManageEngine- IT division of Zoho Corp
  • Planview, and HelpSystems
  • Hewlett Packard Enterprise (HPE)
  • CA Technologies (Broadcom)
  • Microsoft
  • Cisco Systems
  • Micro Focus
  • Dynatrace
  • AppDynamics (Cisco)

Report Scope

Report AttributesDetails
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Million)

Key Companies Profiled

IBM, BMC Software, CA Technologies, NetApp, Riverbed Technology, HPE, TEOCO, VMware, Sumerian, Syncsort, TeamQuest, Nlyte Software, CPT Global, Neubrain, Axway, IDERA, SolarWinds Worldwide, Turbonomic , Aspire Technology, ASG Technologies, ManageEngine- IT division of Zoho Corp, Planview, and HelpSystems

Segments Covered

By Components ,By Deployment Type, By Industry Vertical, By Geography

Customization scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly 

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )