Global Capacity Management Market Projected to Reach USD 7,910.98 Million by 2031 | CAGR of 21.7%
Category : IT And Telecommunications | Published Date : Nov 2024 | Type : Press Release
Capacity Management Market Scope & Overview:
In the newly published report, Consegic Business Intelligence states that the Capacity Management Market was valued at USD 1,640.98 Million in 2023 and is expected to reach USD 7,910.98 Million by 2031, growing at a CAGR of 21.7% from 2024 to 2031. Capacity management involves planning, monitoring, and optimizing IT resources to meet current and future needs, ensuring efficient service delivery and preventing downtime. It covers tools and strategies for forecasting resource requirements and managing workloads across data centers, cloud environments, and hybrid IT systems.
The report comprises the Capacity Management Market Share, Size & Industry Analysis, By Component (Software, Services (Consulting, Integration & Deployment, Support & Maintenance)), By Organization Size (Small & Medium Enterprises (SMEs), Large Enterprises), By Deployment Mode (On-Premise, Cloud-Based, Hybrid), By Industry Vertical (IT & Telecom, Healthcare, BFSI, Manufacturing, Retail, Government & Public Sector), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024–2031.
The report contains detailed information on Capacity Management Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Increasing demand for dynamic resource optimization in cloud and hybrid IT environments drives market growth, while complexity in integrating modern solutions with legacy systems poses a significant challenge.
Segmental Analysis :
By Component, the market is segmented into Software and Services (Consulting, Integration & Deployment, Support & Maintenance).
- Software led the market share in 2023, driven by advanced tools for real-time monitoring and predictive analytics.
- Services are projected to register the fastest CAGR due to rising demand for consulting and deployment services.
By Organization Size, the market includes Small & Medium Enterprises (SMEs) and Large Enterprises.
- Large Enterprises dominated the market in 2023, owing to their extensive IT infrastructures and need for robust capacity management tools.
- SMEs are expected to grow at the fastest rate, driven by increasing cloud adoption and resource optimization needs.
By Deployment Mode, the segments are On-Premise, Cloud-Based, and Hybrid.
- Cloud-Based solutions accounted for the largest share in 2023 due to their scalability and flexibility.
- Hybrid Deployment is anticipated to grow at the fastest CAGR, driven by the increasing adoption of multi-cloud strategies.
By Industry Vertical, the market segments include IT & Telecom, Healthcare, BFSI, Manufacturing, Retail, and Government & Public Sector.
- IT & Telecom held the largest revenue share in 2023, driven by demand for efficient resource management in data centers.
- Healthcare is expected to register the fastest growth, supported by the rising need for digital health solutions and scalable IT infrastructure.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- Asia-Pacific is expected to grow rapidly, driven by increasing digitalization and IT investments in countries like China and India.
- North America holds the largest market share, owing to its advanced IT infrastructure and early technology adoption.
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 7,910.98 Million |
| CAGR (2024-2031) | 21.7% |
| By Component | Software, Services (Consulting, Integration & Deployment, Support & Maintenance) |
| By Organization Size | SMEs, Large Enterprises |
| By Deployment Mode | On-Premise, Cloud-Based, Hybrid |
| By Industry Vertical | IT & Telecom, Healthcare, BFSI, Manufacturing, Retail, Government & Public Sector |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Capacity Management Industry:
- BMC Software (USA)
- IBM Corporation (USA)
- Hewlett Packard Enterprise (HPE) (USA)
- Broadcom Inc. (USA)
- SolarWinds Corporation (USA)
- NetApp, Inc. (USA)
- ServiceNow, Inc. (USA)
- Splunk Inc. (USA)
- LogicMonitor, Inc. (USA)
- Apptio, Inc. (USA)
Recent Industry Developments :
- October 2024: TeleTracking introduced Capacity IQ, an innovative solution designed to enhance operational efficiency in healthcare facilities by providing real-time insights and predictive analytics for resource optimization.
- April 2024: Hubstar launched AI-powered space management technology to optimize workplace layouts, improve productivity, and enhance office design through data-driven insights.
- April 2024: Transporeon and MODE Global formed a strategic partnership to integrate Autonomous Procurement technology, improving efficiency in logistics through AI-powered capacity management.
