The rise of cloud services and virtualized networks has given rise to the increase in the number of operations which require complex and rapid provisioning. IT Automation and Configuration Management is considered being an ideal choice for these operations helping the system to deliver services with improved security, consistency and IT teams speed which in turn is boosting the performance of the ITACM industry. The rising shift towards IT automation and configuration management in order to support the orchestration automation needs of microservices-based applications, hybrid cloud architectures, digital enterprises and DevOps has been providing push to the growth of the ITACM market. The rising need for Container management and automation is another aspect propelling the market growth on global level.