The Impact of COVID-19 is included in ITSM Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
ITSM Trends and Forecast
The future of the global itsm market looks promising with opportunities in the large enterprises and small and medium-sized enterprises (SMEs) markets. The global itsm market is expected to reach an estimated $8.1 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing uptake of modernized it infrastructure in end-user sectors and growing requirement for a single platform to control and track the performance of it infrastructure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
ITSM by Segment
The study includes a forecast for the global ITSM by type, application, and region
ITSM Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Cloud-based
• On-Premises
ITSM Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Large Enterprises
• SMEs
ITSM Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of ITSM Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ITSM companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ITSM companies profiled in this report include-
• ASG Software
• Atlassian
• Axios Systems
• BMC Software
• CA Technologies
• Cherwell Software
• Freshworks
• Hewlett Packard Enterprise
• IBM
• Broadcom
ITSM Market Insights
Lucintel forecast that cloud base is expected to witness highest growth over the forecast period.
Within this market, small and medium-sized enterprises (SMEs) markets will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Features of the Global ITSM Market
Market Size Estimates: ITSM Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: ITSM Market size by type, application, and region in terms of value ($B).
Regional Analysis: ITSM Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the ITSM market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ITSM market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the ITSM market size?
Answer: The global ITSM market is expected to reach an estimated $8.1 billion by 2030.
Q.2 What is the growth forecast for ITSM market?
Answer: The global ITSM market is expected to grow with a cagr of 4.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the ITSM market?
Answer: The major drivers for this market are growing uptake of modernized it infrastructure in end-user sectors and growing requirement for a single platform to control and track the performance of it infrastructure.
Q4. What are the major segments for ITSM market?
Answer: The future of the ITSM market looks promising with opportunities in the large enterprises and small and medium-sized enterprises (SMEs) markets.
Q5. Who are the key ITSM Market companies?
Answer: Some of the key ITSM companies are as follows:
• ASG Software
• Atlassian
• Axios Systems
• BMC Software
• CA Technologies
• Cherwell Software
• Freshworks
• Hewlett Packard Enterprise
• IBM
• Broadcom
Q6. Which ITSM market segment will be the largest in future?
Answer: Lucintel forecast that cloud base is expected to witness highest growth over the forecast period.
Q7. In ITSM market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ITSM market by type (cloud-based and on-premises), application (large enterprises and small and medium-sized enterprises (SMEs)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to ITSM market or related to ITSM companies, ITSM market size, ITSM market share, ITSM market growth, ITSM market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global ITSM Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global ITSM Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global ITSM Market by Type
3.3.1: Cloud-based
3.3.2: On-Premises
3.4: Global ITSM Market by Application
3.4.1: Large Enterprises
3.4.2: SMEs
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global ITSM Market by Region
4.2: North American ITSM Market
4.2.1: North American ITSM Market by Type : Cloud-based, On-Premises
4.2.2: North American ITSM Market by Application: Large Enterprises, SMEs
4.3: European ITSM Market
4.3.1: European ITSM Market by Type :Cloud-based, On-Premises
4.3.2: European ITSM Market by Application: Large Enterprises, SMEs
4.4: APAC ITSM Market
4.4.1: APAC ITSM Market by Type : Cloud-based, On-Premises
4.4.2: APAC ITSM Market by Application: Large Enterprises, SMEs
4.5: ROW ITSM Market
4.5.1: ROW ITSM Market by Type : Cloud-based, On-Premises
4.5.2: ROW ITSM Market by Application: Large Enterprises, SMEs
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global ITSM Market by Type
6.1.2: Growth Opportunities for the Global ITSM Market by Application
6.1.4: Growth Opportunities for the Global ITSM Market by
6.1.5: Growth Opportunities for the Global ITSM Market Region
6.2: Emerging Trends in the Global ITSM Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global ITSM Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global ITSM Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ASG Software
7.2: Atlassian
7.3: Axios Systems
7.4: BMC Software
7.5: CA Technologies
7.6: Cherwell Software
7.7: Freshworks
7.8: Hewlett Packard Enterprise
7.9: IBM
7.10: Broadcom
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - ITSM Report.