Global IT assessment and optimization market expected to reach over US $22 billion by 2019, says Technavio

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This market research report presents a detailed segmentation of the IT assessment and optimization market by category (WAN and storage). It provides the market share and projection for its key regions, including Americas, EMEA, and APAC. Key findings also include an analysis of the leading vendors such as Cisco, IBM, Infosys, Oracle, River Logic, Riverbed, and Silver Peak.

Technavio’s market research analysts estimate the global IT assessment and optimization market to grow at a CAGR of around 19% between 2015 and 2019. The stringent regulatory environment in enterprises is leading to the adoption of IT assessment and optimization solutions worldwide. The Americas dominates the global market, covering 60% of the total market share with the maximum demand coming from countries such as the US and Canada. Much of the region’s growth can be attributed to the growing need to address cyber security issues in enterprises.

The new market research report from Technavio provides a breakdown and analysis of the IT assessment and optimization segments by technology.

“By implementing IT assessment and optimization solutions, companies are able to reduce the threat of revenue leakage and operating costs. Optimized techniques enable enterprises to be more responsive to user requirements, through timely deliveries and evaluation. IT assessment parameters and optimization metrics help organizations to measure the IT infrastructure efficiencies, thus minimizing their operating time and workloads,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.

The WAN assessment and optimization segment is expected to reach US $10 billion during the forecast period. WAN optimization increases the response time for critical enterprises, helps in easy transmission of high bandwidth videos, has consistently high bandwidth rates, and faster synchronization. Riverbed, Silver Peak, Cisco, Citrix, Blue Coat and NTT are the key vendors providing WAN assessment and optimization solutions.

The major vendors in the global IT assessment and optimization market include Cisco, IBM, Infosys, Oracle, River Logic, Riverbed, and Silver Peak. The market is witnessing increased innovation with enterprises are adopting IT assessment and optimization services. As more organizations are moving towards virtualization, several vendors are leveraging the expertise of cloud providers to understand the loopholes, create better assessment plan and build the optimization techniques.

A more detailed analysis is available in the Technavio report, Global IT Assessment and Optimization Market – Market Research 2015-2019.

We can customize reports by other regions and specific segments upon request.

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