What is IT Infrastructure Management Software Market?
IT infrastructure management software manages the operations components such as policies, processes, data, human resources, external contacts for increasing effectiveness. It is used for delivering IT solutions and services to Customers, partners and employees. Also, the development depends on the IT infrastructure. IT infrastructure management software is used by the enterprises for enhancing the utilization of available system resources and provides high availability of information. These factors are increasing the demand which is propelling the market growth.
The market study is being classified and major geographies with country level break-up.
IBM Corporation (United States), Microsoft (United States), SAP SE (Germany), Oracle Corp (United States), Amazon Web Services, BMC Software, Inc. (United States), Hewlett Packard (United States), CA Technologies (United States), Dell Inc. (United States), EMC Corporation (United States) and Symantec Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Digital Ocean, Inc, (United States), A10 Networks, Inc (United States) and Apstra (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global IT Infrastructure Management Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global IT Infrastructure Management Software market by Type, Application and Region.
On the basis of geography, the market of IT Infrastructure Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Complexity of Dynamic Infrastructure in IT Companies are Fueling the Market
- Increasing Prevalence of Cloud Solutions
Market Trend
- Adoption of Cloud Computing by organizations
Restraints
- Security Issues while Shifting the Solutions to Cloud
Opportunities
- Increasing Amount of Data Generated and Collected is Boosting the Market
- Growing Adoption of Internet of Things and Bring Your Own Device (BYOD) in Organizations
- COVID 19 pandemic is expected to create an opportunity for IT Infrastructure Management Software
Challenges
- Unable to Provide Control over the Parameters of Software
- Limited Software Solutions Offered
Market Leaders and some development strategies
On 26th March 2020, Microsoft has acquired Affirmed Networks which has developed mobile network solutions with gateway functionality, rich application and content delivery services.
Key Target Audience
Software developers, Government associations, Research organizations, Enterprise software vendors and Others