Market Research Report
Worldwide Software Configuration, Change, and Process Management Forecast, 2018-2022
|Published by||IDC||Product code||344498|
|Published||Content info||14 Pages
Delivery time: 1-2 business days
|Worldwide Software Configuration, Change, and Process Management Forecast, 2018-2022|
|Published: June 29, 2018||Content info: 14 Pages||
This IDC study provides the 2018-2022 forecast for the worldwide software configuration, change, and process management (SCCPM) market. Revenue growth from leading vendors resulting from G2000 and SMB 2017 investment led to revenue growth of 12.6% to reach $2.9 billion in 2017. This resulted from some growth on the part of some major vendors across areas of innovation in this broad market and massive, rapid growth on the part of others; investment by organizations seeking to gain agile automation and management for requirements; and DevOps expenditures in the wake of higher investment during 2017. The need for governance began to drive growth, and it will continue to do so in 2018-2019, though not at such highly sustainable levels over the forecast period."Broadening engagement and investment despite some volatility in the world economy and the position of software as a competitive driver drove the need for effective management, resulting in growth for the 2017 SCCPM market at 12.6% as companies sought to drive innovation and manage complex IT initiatives," says Melinda Ballou, IDC research director, Agile Application Life-Cycle Management, Quality and Portfolio Strategies. "The impact of OSS complicated purchase patterns for commercial offerings, and we are increasingly seeing integration with key OSS solutions such as Git and commitment to OSS standards such as OpenStack and Cloud Foundry. We expect that a number of factors will continue to contribute to SCCPM growth across the forecast period of 2018-2022, including the strong emergence of agile and DevOps environments to help address mobile, embedded IoT and cloud development, complex sourcing, and the need to manage distributed development, open source, increased compliance demands, and the evolution of SaaS deployment models that enable faster adoption and decapitalized spending models. Indeed, we saw high-double-digit revenue growth in 2017 for many innovative vendors targeting these areas. We expect the push toward multimodal, multiplatform deployments (including mobile, social media applications, and embedded with big data analytics) to drive stronger growth in the forecast period with a CAGR of 7.9% to revenue of around $4.28 billion by 2022 as platforms consolidate via acquisition and organic evolution and as platform-as-a-service ALM solutions emerge over time."