Press release
Cloud Computing Adoption Drives Growth In The Capacity Management Market Share: A Key Factor Shaping the Future of the Capacity Management Market Share in 2025
What Are the Projections for the Size and Growth Rate of the Capacity Management Market?Over the past few years, there has been tremendous growth in the size of the capacity management market. This market is projected to expand from $1.74 billion in 2024 to $2.17 billion in 2025, marking a compound annual growth rate (CAGR) of 24.9%. The spur of growth in previous years can be linked to a higher emphasis on real-time data, a notable increase in remote working styles, a heightened need for disaster recovery, remarkable growth in healthcare needs, and a surge in subscription service demand.
In the coming years, the size of the capacity management market is projected to experience a surge, reaching $5.21 billion in 2029 with a compound annual growth rate (CAGR) of 24.5%. This projected growth during the forecast period can be attributed to several factors such as the increasing development in renewable energy, the expansion of automation, increasing interest in customization, growing customer expectations, and adoption of cloud computing. Furthermore, an upward trend is foreseen in the forecast period due to advancements in data-driven decision-making, predictive analytics, digital transformation, the acceptance of the Internet of Things (IoT), as well as the development in big data and analytics.
What Are the Main Catalysts for Growth in the Capacity Management Market?
The increasing use of cloud computing is likely to spur the expansion of the capacity management market in the future. Cloud computing, a technology that allows users to manage and process data via the internet instead of local servers or individual devices, is increasingly being adopted due to its cost-efficiency. This approach allows businesses to only pay for the resources they use, saving them substantial amounts in hardware and maintenance expenses. Capacity management benefits cloud computing by ensuring that cloud infrastructure is highly efficient, managing the balance of workloads, and preventing overprovisioning or underutilization, leading to improved performance, cost reductions, and reliable service delivery. For example, as per Eurostat, the statistical office of the European Union based in Luxembourg, 45.2% of European Union businesses adopted cloud computing services in 2023, marking a 4.2% increase from 2021. Therefore, the rising adoption of cloud computing is fuelling the expansion of the capacity management market.
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Which Businesses Are at the Forefront of Capacity Management Market Development?
Major companies operating in the capacity management market are International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., Hewlett Packard Enterprise Development LP, ServiceNow Inc., Splunk Inc., BMC Software Inc., Nutanix Inc., Zoho Corporation Pvt. Ltd., Dynatrace LLC, TIBCO Software Inc., Fortra LLC, SolarWinds Worldwide LLC, Precisely, Planview Inc., ASG Technologies Group Inc., Apptio Inc., IDERA Inc., TEOCO Corporation, ITRS Group Ltd., CPT Global Limited, Nagios Enterprises LLC
Which Businesses Are at the Forefront of Albuminar-5 Market Development?
Primary players in the capacity management market are concentrating on creating innovative satellite capacity management solutions. These solutions aim to improve the effectiveness of network resource distribution and guarantee uninterrupted communication for various applications. Satellite capacity management solutions are designed to optimize satellite bandwidth by resource allocation and supervision, and dynamically adapting to traffic demands and reducing interference. For example, in August 2024, Neuron, an AI-powered QoE management platform from the US, introduced the network capacity controller. This system reallocates satellite capacity nearly in real time, eliminating the need for human intervention. Built on the neuron grid, it manages connections across several providers and satellite orbits (LEO, MEO, and GEO), making decisions every 50 milliseconds for optimal traffic flow. It also allows flexible control over certain consumption pools, thus enabling dynamic resource allocation, as demonstrated with Starlink services. By addressing fixed capacity allocation problems, the solution improves QoE and cost management and enhances the overall user experience.
How Is the Capacity Management Market Segmented?
The capacity management market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment Type: On-Premises, Cloud
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Vertical: Telecommunications (Telecom), Information Technology (IT), Healthcare, Manufacturing, Banking, Financial Services, And Insurance (BFSI), Retail, Hospitality, Government And Public, Other Verticals
Subsegments:
1) By Solutions: Capacity Planning Software, Performance Monitoring Tools, Resource Allocation Solutions, Demand Forecasting Tools
2) By Services: Consulting Services, Implementation Services, Training And Support Services, Managed Services
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Where Is the Capacity Management Market Growth Most Prominent?
North America was the largest region in the capacity management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the capacity management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Capacity Management Global Market Report?
- Market Size Analysis: Analyze the capacity management Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the capacity management market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall capacity management market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the capacity management market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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