Cloud-Based Solutions Driving Growth In Configuration Management Market: A Key Catalyst Accelerating Global Configuration Management Market Growth in 2025

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What Is the Expected CAGR for the Configuration Management Market Through 2025?
The market size for configuration management has seen a substantial increase of late. It is projected to expand from $3.19 billion in 2024 to $3.72 billion in 2025, boasting a compound annual growth rate (CAGR) of 16.7%. This growth during the previous period is as a result of the upsurge in the adoption of configuration management due its capacity for instituting and enforcing formal rules, its increasing popularity due to its provision of stability, control, and improved efficacies, the escalating trend towards digitization, requirement for real-time observation and analytics, and the demand for the management of hybrid and multi-cloud.

What's the Projected Size of the Global Configuration Management Market by 2029?
Expectations are high for a substantial escalation in the size of the configuration management market in the coming few years, with estimates suggesting that it could reach $6.62 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.5%. Factors driving growth over the forecast period include an increased need for automated management, rising demands for the simplification and synchronization of IT resources, greater acceptance of configuration management solutions, initiatives for digital transformation, and a heightened focus on service reliability and availability. Key trends for the forecast period include the embracement of the configuration system within software, the rise of digital technologies, the integration of electrical, mechanical, and software components, a spike in demand for automated IT resource management, and the adoption of LaC tools.

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Top Growth Drivers in the Configuration Management Industry: What's Accelerating the Market?
The growth of the configuration management market is anticipated to be driven by an increasing demand for cloud-based solutions. These solutions, which encompass software, services, and online resources, are provided, hosted and reached via the internet rather than through local hardware or servers. The surge in demand can be attributed to cloud service benefits including scalability, cost efficiency, easy access, swift deployment, reliability, and constant availability. Configuration management plays a crucial role in managing and maintaining these cloud-based solutions by automating the preparation, adjustment, and upkeep of cloud resources while guaranteeing consistency, compliance, and reliability. For example, the European Commission informed that a 4.2 percentage point increase was observed in the number of EU enterprises purchasing cloud computing services in 2023, compared to 2021. Subsequently, the growing demand for automated management systems is fueling the expansion of the configuration management market.

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What Trends Will Shape the Configuration Management Market Through 2029 and Beyond?
Leading businesses in the configuration management market are pioneering cloud-based configuration lifecycle management platforms, such as configit ace cloud14. The intention behind this is to simplify an increasing complex product landscape and to meet regulatory and compliance requirements more efficiently. The configuration management platform by Configit ace cloud14 offers a complete software solution responsible for managing the full spectrum of product configuration definitions and their applications across several business processes throughout the whole product lifecycle. For example, Configit Ace, a software organisation based in Denmark, launched a cloud-based configuration lifecycle management (CLM) platform, named configit ace cloud14, in January 2023. This platform is specifically created to assist businesses in mastering product complexities by synchronising every business function, from sales and engineering to manufacturing and service, with a single configuration truth. The platform also offers features like reliability, scalability, integration capabilities, single truth source, compliance, worldwide availability, support, cost savings and efficiency to assist businesses in managing complex systems and products effectively.

What Are the Main Segments in the Configuration Management Market?
The configuration managementmarket covered in this report is segmented -

1) By Component: Solution, Service, Enterprise Size
2) By Module: Configuration Management Database (CMDB), Service Catalog, Service Definition, Other Modules
3) By Application: Managed Services, Professional Services
4) By Vertical: Banking, Financial Services, And Insurance (BFSI), Retail And Consumer Goods, Transportation, Energy And Utility, Healthcare, Manufacturing, Other Verticals

Subsegments:
1) By Solution: Software, Cloud-Based, On-Premises
2) By Service: Professional Services, Managed Services
3) By Enterprise Size: Small And Medium Enterprises (SMEs), Large Enterprises

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Which Top Companies are Driving Growth in the Configuration Management Market?
Major companies operating in the configuration management market are Amazon Web Services Inc., Microsoft Corporation, Alibaba Cloud Platform, International Business Machine Corporation, Oracle Corporation, Hewlett Packard Enterprise Development LP, VMware Inc., ServiceNow Inc., Red Hat Inc., Micro Focus, Atlassian Inc., BMC Software Inc., Progress Software Corporation, HashiCorp Inc., GitLab Inc., JetBrains s.r.o., Canonical Ltd., Chef Software Inc., Cloud Bees Inc., Northern.tech AS, CA Technologies, Octopus Deploy, Puppet Labs, Codenvy Inc., SaltStack Inc., Broadcom Inc., CFEngine AS

Which Regions Will Dominate the Configuration Management Market Through 2029?
North America was the largest region in the configuration management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the configuration management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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