Market Scenario:
Capacity management empowers organizations to plan their resources efficiently. Analyzing resources is essential to meet organizational requirements which helps to plan, implement, and maintain maximum throughput. The primary focus of capacity management is to safeguard enough resources to meet the existing as well as upcoming business needs and ensure justifiable costs. Capacity Management Market is likely to gain traction due to consistent development in the IT infrastructure and competition between companies to create innovative products to maintain a competitive advantage. Capacity expansion scales the organizational structure of the company making it more complex, which affects its overall performance. Hence, increasing need to streamline the complexity of IT resources is fueling the growth of the capacity management market during the forecast period.
According to MRFR analysis, the adoption of cloud-based services is expected to increase six-fold by the end of 2020. Large enterprises have adopted software as a service (SaaS) platform as a major element to store critical business data on the cloud, this gradual shift of data from on-premise to the cloud has helped the enterprises to save time and cost. Hence, increasing adoption of cloud-based services is driving the growth of the capacity management market. However, small and medium enterprises (SMEs) are slow adopters of capacity management because of the high cost incurred in the installation of cloud-based services. Therefore, the SMEs is expected to have a gradual growth in the market.
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The global capacity management market is expected to reach approximately USD 1,568.48 million by 2023 growing at a 19.03% CAGR over the forecast period 2018–2023.
Key Players
Some of the key players of capacity management market include IBM (US), BMC Software (US), VMware (US), NetApp (US), CA Technologies (US), Aspire Technology (Ireland), HelpSystems (US), Riverbed Technology (US), Nlyte Software (US), and Syncsort (US).
Sumerian (Scotland), TEOCO (US), and HPE (US) are a few other solution and service providers in the capacity management market. The prominent players in the market keep investing and innovating their research and development to present cost and time efficient offerings.
Regional Analysis
The regional analysis of capacity management market is done for North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to account for the largest market share in the capacity management market during the forecast period. The presence of prominent capacity management solution and service providers like IBM, BMC Software, VMware, and others in the region is expected to drive the market. Furthermore, it is considered as the most developed and advanced region in terms of adoption of technology and optimization of IT resources. Asia-Pacific is another region which is expected to be the fastest growing in the market during the forecast period, due to technical advancements in countries like China, Japan, and India. Several innovations are being introduced in Europe to enhance capacity management in small and medium enterprises. Hence, the region is projected to register considerable growth in the capacity management market during the forecast period.
Segmentation
The market for capacity management is broadly segmented based on component, organization size, deployment type, and verticals. These segments are further sub-segmented into the following:
- By component, the capacity management market is segmented into solutions and services. By solutions, the market is further segmented into network capacity management, storage capacity management, and application capacity management. By services the market is further segmented into implementation and testing, consulting, support and maintenance, and training and education.
- By organization size, the market is segmented into small and medium enterprise, and large enterprise.
- By deployment type, the market is segmented into on-cloud and on-premise.
- By verticals, the market is segmented into information technology (IT) and telecom, hospitality, BFSI, transportation, healthcare, manufacturing, retail, government, and others (energy and utility, education, and oil & gas).
Target Audience
- IT developers
- Capacity management vendors
- Infrastructure provider
- Cloud service providers
- System integrators
- Government agencies
- Industrial users
- Enterprise users
- Network operators
- Third-party vendors
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TABLE OF CONTENTS
LIST OF FIGURES
FIGURE 1 Global Capacity Management Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Capacity Management Market
FIGURE 4 Value Chain Of Global Capacity Management Market
FIGURE 5 Share Of Capacity Management Market In 2018, By Country
FIGURE 6 Global Capacity Management Market, 2018-2023,
FIGURE 7 Global Capacity Management Market Size By Component, 2018-2023
FIGURE 8 Share Of Global Capacity Management Market By Component,
FIGURE 9 Global Capacity Management Market Size By Organization Size, 2018–2023
FIGURE 10 Share Of Global Capacity Management Market By Organization Size,
FIGURE 11 Global Capacity Management Market Size By Deployment Type, 2018–2023
FIGURE 12 Share Of Global Capacity Management Market By Deployment Type,
FIGURE 13 Global Capacity Management Market Size By Vertical, 2018-2023
FIGURE 14 Share Of Global Capacity Management Market By Vertical,
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The primary focus of capacity management is to safeguard enough resources to meet the existing as well as upcoming business needs and ensure justifiable costs.
Capacity Management Market is likely to gain traction due to consistent development in the IT infrastructure and competition between companies to create innovative products to maintain a competitive advantage.
Hence, increasing need to streamline the complexity of IT resources is fueling the growth of the capacity management market during the forecast period.According to MRFR analysis, the adoption of cloud-based services is expected to increase six-fold by the end of 2020.
Large enterprises have adopted software as a service (SaaS) platform as a major element to store critical business data on the cloud, this gradual shift of data from on-premise to the cloud has helped the enterprises to save time and cost.
Therefore, the SMEs is expected to have a gradual growth in the market.The global capacity management market is expected to reach approximately USD 1,568.48 million by 2023 growing at a 19.03% CAGR over the forecast period 2018–2023.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/6309 SegmentationThe market for capacity management is broadly segmented based on component, organization size, deployment type, and verticals.
These segments are further sub-segmented into the following:By component, the capacity management market is segmented into solutions and services.
According to research report "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 Region - Global Forecast to 2023", published by MarketsandMarkets, global 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.
The increasing complexities of IT resources and high need of achieving business agility in various industry verticals have led to the adoption of capacity management solutions.
With an increase in the adoption of cloud-based capacity management solutions and services among Small and Medium Enterprises (SMEs), the capacity management market is expected to gain traction during the forecast period.Browse 65 market data Tables and 39 Figures spread through 133 Pages and in-depth TOC on "Capacity Management Market - Global Forecast to 2023"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147337932Application capacity management under the solutions segment is expected to grow at the highest CAGR.The application capacity management subsegment is expected to grow at the highest CAGR of 23.9% during the forecast period.
Application capacity management solutions help organizations enhance their productivity through effective utilization and management of IT resources.
These solutions offer the effective monitoring of user requests and application performances to avoid application outages.On-premises deployment type is expected to hold the larger market share during the forecast period.The on-premises deployment type is expected to dominate the capacity management market between 2018 and 2023.
Therefore, the SMEs often face the dilemma of choosing between cloud and on-premises solutions.
