PUBLISHER: KBV Research | PRODUCT CODE: 1555938
PUBLISHER: KBV Research | PRODUCT CODE: 1555938
The Europe Configuration Management Market would witness market growth of 14.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Configuration Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $450.1 million by 2031. The UK market is exhibiting a CAGR of 13.9% during (2024 - 2031). Additionally, The France would experience a CAGR of 15.7% during (2024 - 2031).
Configuration management systematically records, tracks, and updates IT system or infrastructure configurations. These configurations include a wide array of system settings, hardware components, software versions, and network configurations, all of which are essential to the smooth operation of the business. Organizations can minimize the likelihood of errors, downtime, or security vulnerabilities by ensuring that each component is properly configured and consistently maintained.
Several key trends within the broader technology landscape drive the growing demand for configuration management solutions. The rise of cloud computing, virtualization, and containerization has fundamentally transformed how businesses manage their IT infrastructures. With cloud environments, for example, organizations are no longer dealing with static, on-premises hardware. Instead, they must manage dynamic, multi-tenant, and scalable systems that can change rapidly based on usage.
In Italy, digital transformation initiatives are crucial in boosting the demand for configuration management solutions. The Italian government has introduced several programs, such as the "National Plan for Industry 4.0," to foster digital innovation and modernize IT systems in both the private and public sectors. The Italian ICT industry is experiencing consistent growth, which is being fueled by the demand for technologies and services that are designed to facilitate the digital transformation of business processes. The Digital Transition is a cross-cutting priority of the National Recovery and Resilience Plan (NRRP) that is expected to contribute significantly to the exponential growth of this industry in Italy. The ICT industry is expected to reach 91.7 billion euros in 2025, partly driven by the NRRP. As businesses integrate cloud services, IoT, and big data into their operations, there is a growing need for configuration management systems to handle the complexities of these evolving IT environments. Additionally, the Italian government's focus on improving cybersecurity standards further drives the need for robust configuration management solutions to ensure that systems are secure and compliant with regulations. Hence, the configuration management market in Europe is experiencing growth driven by various factors across different nations, ranging from digital transformation initiatives and retail sector expansion to healthcare sector modernization.
Based on Enterprise Type, the market is segmented into Large Enterprises and SMEs. Based on Asset, the market is segmented into Server Infrastructure, Cloud Resources, Network Devices, Security Devices, and Edge Infrastructure. Based on Industry, the market is segmented into IT & Telecom, Healthcare, Manufacturing, BFSI, Retails, and Other Industry. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Configuration Management Market Report Segmentation
By Enterprise Type
By Asset
By Industry
By Country