IT Service Management (ITSM) Market Size and Revenue to 2028

Pune, Nov. 06, 2022 (GLOBE NEWSWIRE) — The IT Service Management (ITSM) market report shares important information about the global development status, opportunities, and challenges in the near future, while analyzing past data of industry experts who can help you get the necessary discussions. The IT Service Management (ITSM) market study offers information about sales and revenue over the historical and forecast period of 2017 to 2028. Understanding the benefits of the segment in determining the importance of others’ t other factors that help the development of the industry.

The IT Service Management (ITSM) market report also covers all the regions and countries of the world, showing the regional development status, with market size, volume, and value, as well as price data, key players, and regional analysis. Moreover, the report similarly covers segment data, with segment type, application segment, channel segment, etc.

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IT service management (ITSM) refers to the totality of activities – governed by policies, organized and structured in processes and supporting methods – that an organization undertakes to design, plan, deliver, operate and control services. information technology (IT) services offered to customers. So it is concerned with the implementation of IT services that meet the needs of customers, and this is done by the IT service provider through an appropriate mix of people, processes and information technology.

Due to the COVID-19 pandemic and the Influence of the Russia-Ukraine War, the global market for ITSM which was estimated at US$ 3982.9 million in the year 2022, is expected to reach a revised size of US$ 9164.8 million in 2028, growing at CAGR of 14.9% during the forecast period 2022-2028.

Segmentation by Types:-

  • Service Portfolio Management
  • Configuration and Change Management
  • Service Desk Software
  • Operations and Performance Management
  • Dashboard, Reporting and Analytics

Segmentation by Applications:-

  • Banking, Financial Services, and Insurance (BFSI)
  • Telecommunications and IT
  • Healthcare and Life Sciences
  • Retail and Consumer Packaged Goods (CPG)
  • Government and Public Sector
  • Energy and Utilities
  • Travel and Hospitality
  • Working
  • Education

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Geographic Segmentation:-

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East and Africa

Major players in the global market include:-

  • BMC Software
  • Broadcom
  • Service today
  • Cherwell Software
  • HPE
  • Citrix Systems
  • Axios Systems
  • IBM
  • Heat Software
  • Hornbill

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Main Reasons to Buy:-

  • To gain an understanding of market analysis and have a complete understanding of the global market and its commercial landscape.
  • Analyze production processes, key issues, and solutions to mitigate development risk.
  • To understand the most affecting driving and restraining forces in the market and their impact on the global market.
  • Learn about the market strategies adopted by leading respective organizations.
  • To understand the future outlook and prospects for the market.
  • Apart from standard structure reports, we also provide custom research as per specific requirements.

TOC of IT Service Management (ITSM) Market Research Report:-

1 Report Overview

2 Market Outlook

3 ITSM Competitive by Company

4 Global ITSM Breakdown Data by Type

5 Global ITSM Breakdown Data by Application

6 North America

7 Europe

8 Asia Pacific

9 Latin America

10 Middle East and Africa

11 Company Profiles

12 ITSM Market Dynamics

13 Research Findings and Conclusions

14 Appendix

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