Skip to main content

Cloud-Based ITSM Market worth 8.78 Billion USD by 2021

According to a new marketresearch report, "Cloud-Based ITSM Market by Solution (Service Portfolio Management,Change & Configuration Management, Service Desk Software, Operations &Performance Management, Dashboard, Reporting, & Analytics), Service,Vertical, & Region - Global Forecast to 2021", published byMarketsandMarkets, the global market is estimated to grow from USD 4.41 Billion in 2016 to USD 8.78 Billion by 2021, at a Compound Annual GrowthRate (CAGR) of 14.8% from 2016 to 2021. 

Browse 58 market dataTables with 57 Figures spread through 167 Pages and in-depth TOC on "Cloud-BasedITSM Market"


Earlybuyers will receive 10% customization on this report.

The operations andperformance management solutions are expected to dominate the market from 2016to 2021. This is due to the everyday need to maintain and manage organizationalIT infrastructure and services. Furthermore, due to the increasing adoption ofBYOD trends in enterprises, dashboard, reporting, and analytics solutions areexpected to gain traction in the next 5 years.

Telecom and IT segment to grow at the highest rate duringthe forecast period 
The telecom and ITsegment is expected to grow at a rapid rate from 2016 to 2021 in theCloud-Based ITSM Market. The high growth rate can be attributed to theincreased usage of smartphones and tablets across IT organizations. Thehealthcare and life science segment is expected to contribute the largestmarket share in the Cloud-Based ITSM Market in 2016. The market is alsoprojected to witness growth in the travel and hospitality, manufacturing, andeducation segment during the forecast period.

North America is expected to contribute the largest market share duringthe forecast period 
North America is expected to have the largest market share and dominatethe Cloud-Based ITSM Market from 2016 to 2021, due to the rapid adoption ofBYOD policies for enhanced productivity, employee satisfaction, and costeffectiveness. These policies require remote accessibility of information,which is facilitated by cloud-based ITSM solutions. LatinAmerica offerspotential growth opportunities, as there is rise in technology penetration andorganizations are focusing on offering better customer experience todifferentiate themselves from the competitors.

The major vendors in theCloud-Based ITSM Market include BMC Software, Inc., CA Technologies,ServiceNow, Cherwell Software, LLC, Hewlett Packard Enterprise Company, andHEAT Software USA, Inc., alongwith others. The report also includes key innovators in the market, such asManageEngine (Zoho Corporation), CloudHealth Technologies, SysAid TechnologiesLtd., Serena Software, Inc., and LANDesk Software, Inc.

The report coversdetailed information regarding the major factors influencing the growth of the Cloud-BasedITSM Market, such as drivers, restraints, challenges, and opportunities. Adetailed analysis of the key industry players has been included to provideinsights into their business overview, products and services, key strategies,new product launches, mergers and acquisitions, partnerships, agreements,collaborations, and recent developments associated with the Cloud-Based ITSMMarket.

About MarketsandMarkets™ 
MarketsandMarkets™ provides quantified B2B research on 30,000 high growthniche opportunities/threats which will impact 70% to 80% of worldwidecompanies' revenues. Currently servicing 5000 customers worldwide including 80%of global Fortune 1000 companies as clients. Almost 75,000 top officers acrosseight industries worldwide approach MarketsandMarkets™ for their pain pointsaround revenues decisions.

Our 850-fulltime analyst and SMEs at MarketsandMarkets™ are tracking globalhigh growth markets following the "Growth Engagement Model - GEM".The GEM aims at proactive collaboration with the clients to identify newopportunities, identify most important customers, write "Attack, avoid anddefend" strategies, identify sources of incremental revenues for both thecompany and its competitors. MarketsandMarkets™ now coming up with 1,500MicroQuadrants (Positioning top players across leaders, emerging companies,innovators, strategic players) annually in high growth emerging segments.MarketsandMarkets™ is determined to benefit more than 10,000 companies thisyear for their revenue planning and help them take theirinnovations/disruptions early to the market by providing them research ahead ofthe curve.

MarketsandMarkets's flagship competitive intelligence and market researchplatform, "RT" connects over 200,000 markets and entire value chainsfor deeper understanding of the unmet insights along with market sizing andforecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
  


Comments

Post a Comment

Popular posts from this blog

3D Imaging Market worth 16.6 Billion USD by 2020

According to a new market research report " 3D Imaging Market by Display Technology (Anaglyphy, Stereoscopy, Auto-stereoscopy), Imaging Solution (3D Modeling, 3D Scanning), Hardware (3D Display, 3D Sensor), Industry Vertical, & Region - Global Forecast to 2020" , defines and segments the 3D Imaging Market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also defines the driving factors for the market, restraints, and opportunities along with the current adoption trends in this market. Browse 68 tables and 59 figures spread through 131 Pages and in-depth TOC on " 3D Imaging Market- Global Forecast to 2020" http://www.marketsandmarkets.com/Market-Reports/3d-imaging-market-998.html Early buyers will receive 10% customization on reports. MarketsandMarkets™ forecasts the 3D imaging market to grow from USD 4.9 Billion in 2015 to USD 16.6 Billion in 2020 , at a Compound Annual Growth Rate (CAGR) of 27.5% . N...
Post a Comment
Read more

Computer Aided Dispatch Market worth $ 1.95 Billion by 2022

According to recent research “ Computer Aided Dispatch Market  by Component (Solutions and Services), Application Area (Call Management, Dispatch Unit Management, Reporting and Analysis), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022″ , The CAD market size is expected to grow from USD 1.12 Billion in 2017 to USD 1.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8%. Rise in criminal activities and natural disasters, and the advent of connected devices are the factors driving the growth of the CAD market. Moreover, the rise in the adoption of CAD solutions by Small and Medium-sized Enterprises (SMEs) has led to the increased adoption of CAD solutions. Browse 61 Market Data Tables and 26 Figures spread through 125 Pages and in-depth TOC on  “Computer Aided Dispatch Market” https://www.marketsandmarkets.com/Market-Reports/computer-aided-dispatch-market-4669389.html Early buyers will receive 10% custo...
Post a Comment
Read more

EMEA IoT Market: Emerging Trends | Global Future Forecasts | Challenges & Opportunities

According to recent research  “EMEA IoT Market by Component (Platform, Service, Software Solution), Application (Building & Home Automation, Smart Energy, Smart Manufacturing, Connected Logistics, Smart Retail, Connected Health), and Region (Europe and MEA) – Forecast to 2021” , The EMEA IoT market is projected to grow from USD 53.88 Billion in 2016 to USD 211.92 Billion by 2021, at a CAGR of 31.5% during the forecast period, from 2016 to 2021. Browse 81 market data tables and 46 figures spread through 139 pages and in-depth TOC on  “EMEA IoT Market” https://www.marketsandmarkets.com/Market-Reports/emea-iot-market-129681220.html Early buyers will receive 10% customization on this report. The market has been witnessing substantial growth in recent years, owing to the evolution of high speed network technologies and the rising adoption of cloud platforms. The market’s growth is also attributed to emerging markets in the Middle East, such as Saudi Arabia,...
Post a Comment
Read more