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IT assessment and optimization solutions aim at reducing operational costs and augmenting IT assets for better utilization. The need to maintain the annual IT infrastructure costs, migration of legacy system on modern infrastructure and adoption of third platform technologies is driving the growth of the market. Technavio’s market research analyst predicts the IT assessment and optimization market to grow at a rate of around 19% during the forecast period. The rigorous regulatory environment in enterprises is leading to the adoption of IT assessment and optimization solutions worldwide.
However, the investment required for assessment and optimization tools is high is expected to prove a challenge to the growth of the market during the forecast period.
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