ITSM Market Size to Increase by USD 3.29 Bn during 2020-2024 | Forecasting Strategies for the New Normal | Technavio
NEW YORK, July 30, 2021 /PRNewswire/ -- Technavio's latest offering, the ITSM Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.
The ITSM market value is anticipated to grow by USD 3.29 billion, progressing at a CAGR of almost 9% during the forecast period.
The market is driven by the demand for effective IT service incident and problem management solutions. However, the lack of expertise and knowledge will hinder the market growth.
The advent of advanced technologies is expected to open multiple growth opportunities for players in the market.
The ITSM market report includes information on the product launches, sustainability, and prospects of leading vendors including Alemba Ltd., Fujitsu Ltd., Broadcom Inc., BMC Software Inc., Atlassian Corporation Plc, AXIOS SYSTEMS Plc, Cherwell Software LLC, Citrix Systems Inc., DXC Technology Co., EasyVista SA, and Hewlett Packard Enterprise Co.
The report includes the competitive scenario which analyzes and evaluates the position of companies based on their market performance. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Related Reports on Information Technology Include:
Global Managed Security Services Market - Global managed security services market is segmented by Deployment (Cloud-based and On-premise), Geography (North America, Europe, APAC, South America, and MEA), and End-user (SMEs and Large enterprises).
Global Information Security Products and Services Market - Global information security products and services market is segmented by type (hardware, software, and services), geography (North America, Europe, APAC, South America, and MEA), and deployment (cloud security and on-premise security).
Key Topics Covered:
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
Drivers, Challenges, and Trends
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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