Cloud ITSM Market Research and Forecast Report 2023-2028

1. Global Cloud ITSM Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Cloud ITSM Market Research Report: The latest report by IMARC, titled “Cloud ITSM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global cloud ITSM market reached a value of US$ 7.3 Billion in 2022. Information technology service management (ITSM) refers to a set of policies and practices for designing, creating, delivering, supporting, and managing IT services and processes to meet the goals of an organization. The implementation of cloud ITSM helps in regularizing operations through structured delivery and documentation and saving costs by building a predictable IT system. It also benefits businesses by bringing actionable IT insights to the firm that help in decision making. Nowadays, cloud ITSM solutions are changing as per the evolving technologies and the needs of organizations. Request Free Sample Report: https://www.imarcgroup.com/cloud-itsm-market/requestsample

4. Report Description and Highlights Report Description Global Cloud ITSM Market Trends: A significant rise in the adoption of cloud-based technologies represents the primary factor impelling the market growth. The deployment of cloud ITSM allows firms to manage their data efficiently and effectively. It also helps businesses get more productivity from IT services at a lower cost by systematically speeding incident resolution, reducing incidents and problems and automatically preventing or resolving issues. Along with this, the development of advanced technologies, such as machine learning, the Internet of Things (IoT), big data and predictive analytics, and augmented and virtual reality (AR/VR), are further propelling the market growth. Besides this, the increasing cases of the coronavirus disease (COVID-19) have prompted governments across several nations to impose lockdowns and promote social distancing measures to minimize the spread of the pandemic. This has encouraged various organizations to work remotely, thereby escalating the adoption of cloud ITSM. Looking forward, the market is anticipated to grow at a CAGR of 17.76% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Component: • Solutions • Operation and Performance Management • Service Portfolio Management • Service Desk Software • Dashboard Reporting and Analytics • Configuration and Change Management • Services • Professional Services • Managed Services Breakup by End User: • Large Enterprises • Small and Medium Enterprises Breakup by Vertical: • BFSI • IT and Telecommunication

6. Report Description and Highlights Report Description • Healthcare • Manufacturing • Retail • Education • Others Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany

7. Report Description and Highlights Report Description • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Axios Systems BMC Software Inc. CA Technologies (Broadcom Inc.) Cherwell Software LLC Citrix Systems Inc. Hewlett Packard Enterprise International Business Machines Corporation (IBM) Micro Focus International Plc Microsoft Corporation Oracle Corporation ServiceNow SysAid Technologies Ltd. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/cloud-itsm-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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