Capacity Management is a process which controls information technology (IT) resource utilization. These resources are human, nature and capital resources. Its primary goal is to achieve organizational needs such as manufacturing, labour force, and office space, inventory and raw materials which are of the correct size to meet present and future business needs in a cost-effective manner. The demand for capacity management is increasing in a rapid manner as it provides easy-to-use solutions. The major benefits of capacity management are it saves time and cost and improves staff productivity along with an increase in Return on Investment (ROI). The growing business needs and performance expectations to fulfill future work pressure has increased the need for capacity management strategies in the business during the projection period.
The global capacity management market is propelled by the aids which are offered by the capacity management tools such as improved management of demand forecasting along with safe solution. Technological advancement and rising demand for solutions such as storage, network, and other management keys are the main factors which make this market demanding during the estimated period. The main focus of capacity management is to minimize the operation cost along with an improved staff productivity and thus these are the prime factors which augment the growth of the capacity management market. Additionally, increasing need for business agility aids is an essential factor fueling the growth of the global capacity management market. In addition to this, robust growth of IoT coupled with the development of technology for efficient utilization of operation by minimizing time and cost are some of the important factors which are anticipated to make the market demanding. The modification of services and application for providing better solutions to the end- users are further expected to boost the global capacity management market during the projection period.
The global capacity management market in the report is segmented by the component which includes solutions and services. The solutions are further sub-segmented as network capacity management, storage capacity management, and application capacity management. Further services are sub-segmented into IT services, business services, outsourced services, and infrastructure services. Based on the application the market is divided into enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and production planning system (PPS). The global capacity management market is segmented by end-user which includes telecom industry, healthcare sector, retail, and others. Further down, the global capacity management market has been geographically segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
In addition to this, Asia-Pacific is expected to witness the largest market growth, followed by North-America and Europe. Presence of numerous vendors and growing investment for improving the efficiency of a business, makes the Asia-Pacific region holds the largest market share. Moving forward, growing IT infrastructure coupled with the increasing adoption of latest technology for providing better solutions and services are driving theNorth America and Europe market.
However, insufficient capacity management is further projected to restrict the growth of the global capacity management market.
Some of the major players in the global capacity management include Atomic Software Inc., ASG Technologies, CA Technologies, Hewlett Packard Enterprise Development LP, IBM Corporation, Riverbed Technology, Solar Winds Worldwide, Team Quest Corporation, and VMware Inc.
Global Capacity Management Market: By Component
Global Capacity Management Market: By Application
Global Capacity Management Market: ByEnd- User
Global Capacity Management Market: By Geography