Market Overview:
The global change management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based change management software and the growing need for compliance with regulatory requirements. The global change management software market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into cloud-based and on-premises Change Management Software (CMS). Cloud-based CMS are further subsegmented into public cloud and private cloud CMS. On the basis of application,the market is segmented into BFSI, telecom and IT, government, education sector health care sector manufacturing sector retail sector others sectors The Others sectors include transportation & logistics etc.). Geographically,the global Change Management Software Marketis dividedinto North America Latin America Europe Asia Pacific Middle East & Africa (MEA).
Product Definition:
Change Management Software is a type of software used to manage changes in a business. This software can help track and manage different types of changes, such as system updates, process changes, or personnel changes. Change management software can also help keep track of who made the change, when it was made, and why it was made. Change management software is important because it helps businesses ensure that all necessary steps are taken to safely and effectively implement change. It also helps businesses keep track of all the relevant information related to each change so they can learn from their past mistakes and successes.
Cloud Based:
Cloud-based software is a type of software service that provides shared pooling of data and resources across multiple platforms and devices. It offers benefits such as on-demand availability of computing services, easy accessibility from any device, real-time collaboration, reduced costs for hardware acquisition or maintenance & management along with flexibility to scale up or down based on demand. These are some major factors driving the growth cloud based change management software market in the coming years.
On-premises:
On-premises is a term used for software and hardware systems installed in the organization's own data center. The on-premises software solutions are termed as “shrinkwrap” solutions, since they are installed in an end-users computer system without any further external packaging. On-premise applications can be run directly on the user's server or workstation without going through a cloud service such as Microsoft Azure or Amazon Web Services.
Application Insights:
The others segment includes transportation, public infrastructure, and civil engineering. The Others segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing demand from various industries such as manufacturing, retail, telecom & IT and government for managing global change management software solutions.
The banking sector is one of the most technologically advanced sectors globally; it has been adopting cloud-based applications at a rapid pace since 2013 due to increasing demand from customers as well as regulatory pressure on banks to modernize their systems quickly and efficiently while complying with new regulations such as PSD2 (Payment Services Directive 2). These factors are anticipated to drive industry growth over the coming years.
Regional Analysis:
The North American region dominated the global change management software market in 2017. The growth can be attributed to the increasing adoption of cloud-based technologies and a large number of small & medium enterprises (SMEs) in this region. In addition, government initiatives such as Continuous Delivery (CD), DevOps, and Software-Defined Everything (SDE) are also expected to drive the demand for change management software over the forecast period.
Asia Pacific is anticipated to emerge as one of the most lucrative regions during the forecast period owing to several factors such as growing IT sector, improving telecom sector with rising smartphone penetration, and rapid digitalization across various industries in this region.
Growth Factors:
- Increasing demand for change management software from small and medium businesses (SMBs) due to the growing complexity of business processes and operations.
- The increasing adoption of cloud-based change management software by organizations to manage changes quickly, efficiently, and securely.
- The rising demand for integrated change management solutions that can help organizations manage changes across multiple platforms and applications.
- The growing need for robust Change Management Software tools that can help organizations track, monitor, and audit changes made to critical business systems and data repositories.
- The increasing popularity of agile methodology in software development projects which is driving the demand for agile-friendly change management solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Change Management Software Market Research Report
By Type
Cloud Based, On-premises
By Application
BFSI, Telecom and IT, Government, Education, Health Care, Manufacturing, Retail, Others
By Companies
ServiceNow, BMC, Broadcom, IBM, Cherwell, Ivanti, Axios Systems, EasyVista, Micro Focus, Zoho
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Change Management Software Market Report Segments:
The global Change Management Software market is segmented on the basis of:
Types
Cloud Based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Telecom and IT, Government, Education, Health Care, Manufacturing, Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ServiceNow
- BMC
- Broadcom
- IBM
- Cherwell
- Ivanti
- Axios Systems
- EasyVista
- Micro Focus
- Zoho
Highlights of The Change Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-premises
- By Application:
- BFSI
- Telecom and IT
- Government
- Education
- Health Care
- Manufacturing
- Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Change Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Change management software is a computer application that helps organizations manage changes to their systems and processes. It can help identify, track, and report on the progress of changes, as well as provide tools for communication and coordination among team members.
Some of the major companies in the change management software market are ServiceNow, BMC, Broadcom, IBM, Cherwell, Ivanti, Axios Systems, EasyVista, Micro Focus, Zoho.
The change management software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Change Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Change Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Change Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Change Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Change Management Software Market Size & Forecast, 2020-2028
4.5.1 Change Management Software Market Size and Y-o-Y Growth
4.5.2 Change Management Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Telecom and IT
6.2.3 Government
6.2.4 Education
6.2.5 Health Care
6.2.6 Manufacturing
6.2.7 Retail
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Change Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Change Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Telecom and IT
9.10.3 Government
9.10.4 Education
9.10.5 Health Care
9.10.6 Manufacturing
9.10.7 Retail
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Telecom and IT
10.10.3 Government
10.10.4 Education
10.10.5 Health Care
10.10.6 Manufacturing
10.10.7 Retail
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Telecom and IT
11.10.3 Government
11.10.4 Education
11.10.5 Health Care
11.10.6 Manufacturing
11.10.7 Retail
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Telecom and IT
12.10.3 Government
12.10.4 Education
12.10.5 Health Care
12.10.6 Manufacturing
12.10.7 Retail
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Telecom and IT
13.10.3 Government
13.10.4 Education
13.10.5 Health Care
13.10.6 Manufacturing
13.10.7 Retail
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Change Management Software Market: Competitive Dashboard
14.2 Global Change Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ServiceNow
14.3.2 BMC
14.3.3 Broadcom
14.3.4 IBM
14.3.5 Cherwell
14.3.6 Ivanti
14.3.7 Axios Systems
14.3.8 EasyVista
14.3.9 Micro Focus
14.3.10 Zoho
