Change Management Software Market
PUBLISHED: 2020 ID: SMRC19921
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Change Management Software Market

Change Management Software - Global Market Outlook (2019 -2027)

4.9 (51 reviews)
4.9 (51 reviews)
Published: 2020 ID: SMRC19921

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Change Management Software Market is accounted for $1,397.11 million in 2019 and is expected to reach $4,156.29 million by 2027 growing at a CAGR of 14.6% during the forecast period. Increase in digital transformation and automation of IT processes and applications are the major factors propelling the market growth. However, complexities involved in the integration of technologies and toolsets are hampering the market growth.
 

Change Management Software - Global Market Outlook (2019 -2027)


Change management software provides plans, procedures, and other related artifacts necessary for establishing an effective change management program to complete the documentation set to support it. The software helps in improving performance, minimize resistance, reduce costs, enhance innovation, improve work productivity and simplify complete IT change management process. Moreover, change can be difficult, but investing some thoughts, time and money into change management helps an organization ensure effective implementation of a new enterprise software system. The major benefits associated with change management software serve as motivators and assessment of progress. The main purpose of change management software is to implement the approved changes into the project with minimal amount of disruption. 

Based on the deployment type, the cloud-based segment is going to have a lucrative growth during the forecast period due to the increase in the number of mobile devices and surge in cloud-based and IoT applications. Moreover, shift from traditional systems to cloud-first approach among enterprise application buyers is expected to further propel the change management software market. Less maintenance and low costs associated with the cloud-based change management software solutions drives the cloud-based segment globally.

By geography, North America is going to have a lucrative growth during the forecast period due to the presence of prominent players such as International Business Machines Corp., BMC Software, Inc., Ivanti, Microsoft Corporation, Oracle Corporation, etc. Expansion of the change management software market in North America is attributed to increase in cyber security threats, especially among the government and banking sectors. Moreover U.S. dominated the North America change management software market and likely to continue its supremacy throughout the forecast period.

Some of the key players profiled in the Change Management Software Market include Axios Systems, BMC Software, Inc, CA Technologies, Cherwell Software, LLC, EasyVista Inc, IBM Corporation, Ivanti, Micro Focus International Plc, ServiceNow Corporation, Zoho Corporation, Sparta Systems, Inc., Honeywell, Alloy Software, Inc., ScienceSoft USA Corporation, and SysAid Technologies Ltd.

Offerings Covered:
• SaaS
• Standalone Software

Platforms Covered:
• Android
• Windows
• IOS

Operations Covered:
• Formal Assessment
• Designing & Testing
• Change Documentation
• Final Assessment
• Implementation & Review
• Planning

Deployment Types Covered:
• Cloud-Based
• On-Premise

Organization Sizes Covered:
• Large Enterprizes
• Small and Medium Enterprizes

Applications Covered:
• Training Management
• Task Management
• Prioritization
• Compliance Management
• Change Planning
• Change Calendar
• Audit Trail
• Approval Workflow

End Users Covered:
• BFSI
• Automotive
• Education
• Government
• Health Care
• Manufacturing
• Retail
• Telecom and IT
• Life Sciences
• Medical Device
• Consumer Goods
• Food & Beverages
• Energy & Utilities
• Transportation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary            
                
2 Preface   
           
 2.1 Abstract             
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology         
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions          
                
3 Market Trend Analysis           
 3.1 Introduction            
 3.2 Drivers             
 3.3 Restraints            
 3.4 Opportunities           
 3.5 Threats             
 3.6 Application Analysis          
 3.7 End User Analysis           
 3.8 Emerging Markets           
 3.9 Impact of Covid-19            
                
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes          
 4.4 Threat of new entrants         
 4.5 Competitive rivalry           
                
5 Global Change Management Software Market, By Offering       
 5.1 Introduction           
 5.2 SaaS             
 5.3 Standalone Software          
                
6 Global Change Management Software Market, By Platform       
 6.1 Introduction           
 6.2 Android             
 6.3 Windows             
 6.4 IOS             
                
7 Global Change Management Software Market, By Operation       
 7.1 Introduction           
 7.2 Formal Assessment            
 7.3 Designing & Testing           
 7.4 Change Documentation         
 7.5 Final Assessment           
 7.6 Implementation & Review         
 7.7 Planning             
                
8 Global Change Management Software Market, By Deployment Type      
 8.1 Introduction           
 8.2 Cloud-Based           
 8.3 On-Premise           
                
9 Global Change Management Software Market, By Organization Size      
 9.1 Introduction           
 9.2 Large Enterprizes            
 9.3 Small and Medium Enterprizes        
                
10 Global Change Management Software Market, By Application       
 10.1 Introduction           
 10.2 Training Management         
 10.3 Task Management           
 10.4 Prioritization            
 10.5 Compliance Management         
 10.6 Change Planning           
 10.7 Change Calendar           
 10.8 Audit Trail           
 10.9 Approval Workflow           
                
11 Global Change Management Software Market, By End User       
 11.1 Introduction           
 11.2 BFSI             
 11.3 Automotive           
 11.4 Education           
 11.5 Government           
 11.6 Health Care           
 11.7 Manufacturing           
 11.8 Retail             
 11.9 Telecom and IT           
 11.10 Life Sciences           
 11.11 Medical Device           
 11.12 Consumer Goods           
 11.13 Food & Beverages           
 11.14 Energy & Utilities           
 11.15 Transportation           
                
12 Global Change Management Software Market, By Geography       
 12.1 Introduction           
 12.2 North America           
  12.2.1 US            
  12.2.2 Canada            
  12.2.3 Mexico            
 12.3 Europe             
  12.3.1 Germany           
  12.3.2 UK            
  12.3.3 Italy            
  12.3.4 France            
  12.3.5 Spain            
  12.3.6 Rest of Europe          
 12.4 Asia Pacific           
  12.4.1 Japan            
  12.4.2 China            
  12.4.3 India             
  12.4.4 Australia           
  12.4.5 New Zealand          
  12.4.6 South Korea          
  12.4.7 Rest of Asia Pacific         
 12.5 South America           
  12.5.1 Argentina          
  12.5.2 Brazil            
  12.5.3 Chile             
  12.5.4 Rest of South America        
 12.6 Middle East & Africa          
  12.6.1 Saudi Arabia          
  12.6.2 UAE            
  12.6.3 Qatar            
  12.6.4 South Africa          
  12.6.5 Rest of Middle East & Africa        
                 
13 Key Developments            
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 13.2 Acquisitions & Mergers         
 13.3 New Product Launch          
 13.4 Expansions           
 13.5 Other Key Strategies         
                
14 Company Profiling            
 14.1 Axios Systems           
 14.2 BMC Software, Inc           
 14.3 CA Technologies           
 14.4 Cherwell Software, LLC         
 14.5 EasyVista Inc           
 14.6 IBM Corporation            
 14.7 Ivanti             
 14.8 Micro Focus International Plc         
 14.9 ServiceNow Corporation         
 14.10 Zoho Corporation           
 14.11 Sparta Systems, Inc.          
 14.12 Honeywell           
 14.13 Alloy Software, Inc.           
 14.14 ScienceSoft USA Corporation         
 14.15 SysAid Technologies Ltd.              


List of Tables              
1 Global Change Management Software Market Outlook, By Region (2018-2027) ($MN)    
2 Global Change Management Software Market Outlook, By Offering (2018-2027) ($MN)   
3 Global Change Management Software Market Outlook, By SaaS (2018-2027) ($MN)    
4 Global Change Management Software Market Outlook, By Standalone Software (2018-2027) ($MN)  
5 Global Change Management Software Market Outlook, By Platform (2018-2027) ($MN)   
6 Global Change Management Software Market Outlook, By Android (2018-2027) ($MN)    
7 Global Change Management Software Market Outlook, By Windows (2018-2027) ($MN)   
8 Global Change Management Software Market Outlook, By IOS (2018-2027) ($MN)    
9 Global Change Management Software Market Outlook, By Operation (2018-2027) ($MN)   
10 Global Change Management Software Market Outlook, By Formal Assessment (2018-2027) ($MN)  
11 Global Change Management Software Market Outlook, By Designing & Testing (2018-2027) ($MN)  
12 Global Change Management Software Market Outlook, By Change Documentation (2018-2027) ($MN)  
13 Global Change Management Software Market Outlook, By Final Assessment (2018-2027) ($MN)   
14 Global Change Management Software Market Outlook, By Implementation & Review (2018-2027) ($MN)  
15 Global Change Management Software Market Outlook, By Planning (2018-2027) ($MN)   
16 Global Change Management Software Market Outlook, By Deployment Type (2018-2027) ($MN)   
17 Global Change Management Software Market Outlook, By Cloud-Based (2018-2027) ($MN)   
18 Global Change Management Software Market Outlook, By On-Premise (2018-2027) ($MN)   
19 Global Change Management Software Market Outlook, By Organization Size (2018-2027) ($MN)   
20 Global Change Management Software Market Outlook, By Large Enterprizes (2018-2027) ($MN)   
21 Global Change Management Software Market Outlook, By Small and Medium Enterprizes (2018-2027) ($MN) 
22 Global Change Management Software Market Outlook, By Application (2018-2027) ($MN)   
23 Global Change Management Software Market Outlook, By Training Management (2018-2027) ($MN)  
24 Global Change Management Software Market Outlook, By Task Management (2018-2027) ($MN)   
25 Global Change Management Software Market Outlook, By Prioritization (2018-2027) ($MN)   
26 Global Change Management Software Market Outlook, By Compliance Management (2018-2027) ($MN)  
27 Global Change Management Software Market Outlook, By Change Planning (2018-2027) ($MN)   
28 Global Change Management Software Market Outlook, By Change Calendar (2018-2027) ($MN)   
29 Global Change Management Software Market Outlook, By Audit Trail (2018-2027) ($MN)   
30 Global Change Management Software Market Outlook, By Approval Workflow (2018-2027) ($MN)  
31 Global Change Management Software Market Outlook, By End User (2018-2027) ($MN)   
32 Global Change Management Software Market Outlook, By BFSI (2018-2027) ($MN)    
33 Global Change Management Software Market Outlook, By Automotive (2018-2027) ($MN)   
34 Global Change Management Software Market Outlook, By Education (2018-2027) ($MN)   
35 Global Change Management Software Market Outlook, By Government (2018-2027) ($MN)   
36 Global Change Management Software Market Outlook, By Health Care (2018-2027) ($MN)   
37 Global Change Management Software Market Outlook, By Manufacturing (2018-2027) ($MN)   
38 Global Change Management Software Market Outlook, By Retail (2018-2027) ($MN)    
39 Global Change Management Software Market Outlook, By Telecom and IT (2018-2027) ($MN)   
40 Global Change Management Software Market Outlook, By Life Sciences (2018-2027) ($MN)   
41 Global Change Management Software Market Outlook, By Medical Device (2018-2027) ($MN)   
42 Global Change Management Software Market Outlook, By Consumer Goods (2018-2027) ($MN)   
43 Global Change Management Software Market Outlook, By Food & Beverages (2018-2027) ($MN)   
44 Global Change Management Software Market Outlook, By Energy & Utilities (2018-2027) ($MN)   
45 Global Change Management Software Market Outlook, By Transportation (2018-2027) ($MN)   
                
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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