The Global Capacity Management market is accounted for $517.40 million in 2017 and is expected to reach $2450.85 million by 2026 growing at a CAGR of 18.9 % during the forecast period. Some of the factors favoring the market growth are growing demand for efficient technologies in organizations, advancements in cloud based solutions. Besides, increasing adoption in IT industry is also fuelling the market growth. However, less awareness of managing existing resources and inadequate capacity management are hampering the market growth.
Capacity management deals with an organization’s processes and resources, such as its labor force, manufacturing and office space, technology and equipment, raw materials, and inventory. It safeguards sufficient capacity available to meet current and future desires of a business and its consumers in a cost-effective manner.
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By geography, North America is expected to hold the largest market size, due to the adoption of latest technological advancements. Asia Pacific is expected to be largest market share during the forecast period.
Some of the key players are IBM ,CA Technologies, Netapp , HPE, VMware, CPT Global, BMC Software, Riverbed Technology, Teoco Corporation , Sumerian, Sync sort, Team quest, Nlyte Software, Turbonomic, Aspire, ASG Technologies (US), Manage Engine- IT division of Zoho Corp (US), Planview (US), HelpSystems (US).
On the basis of application, Customer relationship management has witnessed largest growth and maintains sovereignty among the other segments due to the growth in technological advancements and adapting to new internet services. On-premises deployment type is expected to dominate capacity management market by delivering one time license fee with service agreement and offers data managing techniques with dedicated support staff.
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- Customer relationship management
- Enterprise resource planning
- Production planning system
- Supply chain management
End Users Covered:
- Banking, Financial Services, and Insurance (BFSI)
- Government and Public
- Information Technology
- Other End Users
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