Cloud It Service Management (ITSM) Market 2022 | CAGR of 18.0%| US$ 21230 million by 2028 |, consumption by Regional data, Product & Application Segmentation, Key Companies a Showing Impressive Growth

Pune, INDIA


PUNE, Nov. 06, 2022 (GLOBE NEWSWIRE) -- "Cloud It Service Management (ITSM) Market" | No. of pages : 130| research report focus on overall information that can help to take decisions on current market situation. ITSM focuses on the management of the IT infrastructure, including hardware, software, processes, and services. While these services can be delivered independently, you'll find more value from solutions that combine capabilities for essential business functions, such as the delivery of business services, support for agile development and DevOps , and support for cloud services.

Cloud It Service Management (ITSM) Market Report Contains: -

  • Complete overview of the global Cloud It Service Management (ITSM) Market
  • Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Cloud It Service Management (ITSM) markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
  • Description and analysis of Cloud It Service Management (ITSM) market potential by type, Deep Dive, disruption, application capacity, end use industry
  • impact evaluation of most important drivers and restraints, and dynamics of the global Cloud It Service Management (ITSM) market and current trends in the enterprise
  • Detailed profiles of the Top major players in the industry, including. ServiceNow,HPE,IBM,BMC Software,CA Technologies,Cherwell Software,Ivanti,Citrix Systems,Hornbill,Axios Systems,Efecte,ManageEngine,EasyVista,Atlassian,Alemba,SysAid,Microsoft,LogMein,Micro Focus,Freshworks

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Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Cloud IT Service Management (ITSM) estimated at US$ 7850.8 million in the year 2022, is projected to reach a revised size of US$ 21230 million by 2028, growing at a CAGR of 18.0% during the forecast period 2022-2028.

The USA market for Cloud IT Service Management (ITSM) is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The China market for Cloud IT Service Management (ITSM) is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The Europe market for Cloud IT Service Management (ITSM) is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The global key companies of Cloud IT Service Management (ITSM) include ServiceNow, HPE, IBM, BMC Software, CA Technologies, Cherwell Software, Ivanti, Citrix Systems and Hornbill, etc. In 2021, the global top five players had a share approximately % in terms of revenue.

Report Scope

This latest report researches the industry structure, revenue and gross margin. Major players’ headquarters, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Cloud IT Service Management (ITSM) companies, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

This report also includes a discussion of the major players across each regional Cloud IT Service Management (ITSM) market. Further, it explains the major drivers and regional dynamics of the global Cloud IT Service Management (ITSM) market and current trends within the industry.

Cloud It Service Management (ITSM) Market Segmentation: -

researcher’s latest report provides a deep insight into the global Cloud It Service Management (ITSM) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

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Cloud It Service Management (ITSM) Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.

Segment by Type

  • Service Portfolio Management
  • Configuration & Change Management
  • Operations & Performance Management
  • Cloud IT Service Management (ITSM)

Segment by Application

  • BFSI
  • IT & Telecommunication
  • Retail & Consumer Goods

Key Regions & Countries

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value data of each region and country for the period 2017-2028.

Market segment by Region/Country including: -

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
  • South America (Brazil, Argentina, Colombia, etc.)
  • Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

Key Players in the Cloud It Service Management (ITSM) Market: -

  • ServiceNow
  • HPE
  • IBM
  • BMC Software
  • CA Technologies
  • Cherwell Software
  • Ivanti
  • Citrix Systems
  • Hornbill
  • Axios Systems
  • Efecte
  • ManageEngine
  • EasyVista
  • Atlassian
  • Alemba
  • SysAid
  • Microsoft
  • LogMein
  • Micro Focus
  • Freshworks

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Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Cloud IT Service Management (ITSM) market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Report Includes:

This report presents an overview of global market for Cloud IT Service Management (ITSM) market size. Analyses of the global market trends, with historic market revenue data for 2017 - 2021, estimates for 2022, and projections of CAGR through 2028.

This report researches the key producers of Cloud IT Service Management (ITSM), also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Cloud IT Service Management (ITSM), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Cloud IT Service Management (ITSM) revenue, market share and industry ranking of main companies, data from 2017 to 2022. Identification of the major stakeholders in the global Cloud IT Service Management (ITSM) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, revenue, and growth rate, from 2017 to 2028. Evaluation and forecast the market size for Cloud IT Service Management (ITSM) revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including ServiceNow, HPE, IBM, BMC Software, CA Technologies, Cherwell Software, Ivanti, Citrix Systems and Hornbill, etc.

Key Benefits of Cloud It Service Management (ITSM) Market Research Report:

  • Types, applications, regions, and key players covered in the study
  • Industry drivers, restraints, and opportunities covered in the study
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Artificial Intelligence AI Chips Market
  • Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report

Detailed TOC of Global Cloud IT Service Management (ITSM) Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

1 Report Overview

    1.1 Study Scope

    1.2 Market Analysis by Type

        1.2.1 Global Cloud IT Service Management (ITSM) Market Size Growth Rate by Type: 2017 VS 2021 VS 2028

        1.2.2 Service Portfolio Management

        1.2.3 Configuration & Change Management

        1.2.4 Operations & Performance Management

    1.3 Market by Application

        1.3.1 Global Cloud IT Service Management (ITSM) Market Growth Rate by Application: 2017 VS 2021 VS 2028

        1.3.2 BFSI

        1.3.3 IT & Telecommunication

        1.3.4 Retail & Consumer Goods

    1.4 Study Objectives

    1.5 Years Considered

2 Market Perspective

    2.1 Global Cloud IT Service Management (ITSM) Market Size (2017-2028)

    2.2 Cloud IT Service Management (ITSM) Market Size across Key Geographies Worldwide: 2017 VS 2021 VS 2028

    2.3 Global Cloud IT Service Management (ITSM) Market Size by Region (2017-2022)

    2.4 Global Cloud IT Service Management (ITSM) Market Size Forecast by Region (2023-2028)

    2.5 Global Top Cloud IT Service Management (ITSM) Countries Ranking by Market Size

3 Cloud IT Service Management (ITSM) Competitive by Company

    3.1 Global Cloud IT Service Management (ITSM) Revenue by Players

        3.1.1 Global Cloud IT Service Management (ITSM) Revenue by Players (2017-2022)

        3.1.2 Global Cloud IT Service Management (ITSM) Market Share by Players (2017-2022)

    3.2 Global Cloud IT Service Management (ITSM) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

    3.3 Company Covered: Ranking by Cloud IT Service Management (ITSM) Revenue

    3.4 Global Cloud IT Service Management (ITSM) Market Concentration Ratio

        3.4.1 Global Cloud IT Service Management (ITSM) Market Concentration Ratio (CR5 and HHI)

        3.4.2 Global Top 10 and Top 5 Companies by Cloud IT Service Management (ITSM) Revenue in 2021

    3.5 Global Cloud IT Service Management (ITSM) Key Players Head office and Area Served

    3.6 Key Players Cloud IT Service Management (ITSM) Product Solution and Service

    3.7 Date of Enter into Cloud IT Service Management (ITSM) Market

    3.8 Mergers & Acquisitions, Expansion Plans

And More..

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1.To study and analyze the global Cloud It Service Management (ITSM) consumption (value) by key regions/countries, product type and application

2.To understand the structure of Cloud It Service Management (ITSM) market by identifying its various sub segments.

3.Focuses on the key global Cloud It Service Management (ITSM) manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the Cloud It Service Management (ITSM) with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of Cloud It Service Management (ITSM) submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global Cloud It Service Management (ITSM) market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the Cloud It Service Management (ITSM) market and its impact in the global market.

Learn about the Cloud It Service Management (ITSM) market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the Cloud It Service Management (ITSM) market.

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