About IT Infrastructure Management Tools
Businesses and Corporations around the world are experiencing rapid adoption of Technological and Digital Solutions, although they face certain challenges. This challenges can be addressed through IT Infrastructure Management Tools provided with help of hardware, software or through services. The market of IT Infrastructure management tools is ever expanding, especially with emerging trend of Cloud Computing adoption as well as deployment of Artificial Intelligence and Machine Learning Solutions to businesses. Growing Cyber Attack incidents and mounting privacy concerns may act as a hindrance which need to be overcome by players in the market. Geographically, Asia Pacific and North America are the two most prominent markets of IT Infrastructure Management Tools.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the IT Infrastructure Management Tools market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand of IT Infrastructure Management Tools Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Microsoft Corporation (United States), Hewlett Packard Enterprise (United States), Dell Inc. (United States), Apple Inc. (United States), SAP SE (Germany), Oracle Corporation (United States), HCL Technologies (India), Accenture plc (Ireland) and Broadcom Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Mindtree Ltd (India), Labtech Software LLC (United States) and BMC Software, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global IT Infrastructure Management Tools market by , Application (Incident Management, Device Discovery and Asset Management) and Region.
On the basis of geography, the market of IT Infrastructure Management Tools 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). If we see Market by Component, the sub-segment i.e. Hardware will boost the IT Infrastructure Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. BFSI will boost the IT Infrastructure Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surge in Demand for Artificial Intelligence Solutions
Market Growth Drivers:
Increasing Adoption of Cloud Computing, Rising Number of Internet and Smart Phone Users and Reduction of Operational Costs Associated with Digital Business Solutions
Challenges:
Privacy Concerns Associated with Digital Solutions
Restraints:
Rising Incidents of Cyber Attacks and Poor IT and Digital Infrastructure in Most of Developing Countries of Africa and Latin America
Opportunities:
Rapidly Expanding Services Sector in Asia Pacific offers Huge Potential for Growth
Market Leaders and their expansionary development strategies
In 2020, IBM Corporation, Global Tech Giant has announced acquisition of Instana, which is software firm based in United States. Instana is known for developing applications in performance monitoring and observe ability. The acquisition is aimed at IBM’s aggressive push towards Hybrid Cloud and AI strategy. The acquired company will enable IBM to provide its clients to manage and monitor performance across multiple cloud deployments and teams.
Key Target Audience
IT Infrastructure Management Tools Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.