Market Analysis:
The global cloud-based ITSM market was valued at USD 5.12 billion in 2016 and is projected to reach USD 15.77 billion by 2025, growing at a CAGR of 15.1% from 2017 to 2025.
Market Definition:
Cloud-based ITSM is concerned with the implementation of IT services that meet customers' needs, and it is performed by the IT service provider through an appropriate mix of people, process and information technology. Cloud-based ITSM helps an organization to plan, design, deliver, operate and control information technology services and offer it to customers.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increased workforce productivity and savings
1.2 Growing trends of Bring Your Own Device (BYOD)
2. Market Restraints
2.1 High dependency on internet
2.2 Concerns for data security
Market Segmentation:
The global cloud-based ITSM market is segmented on the basis of component, verticals, organization size, and region.
1. Global Cloud-Based ITSM Market, by Component:
1.1 Solution
1.1.1 Operations and Performance Management
1.1.2 Service Portfolio Management
1.1.3 Configuration and Change Management
1.1.4 Service Desk Solution
1.1.5 Reporting and Analytics
1.2 Service
1.2.1 Managed Services
1.2.2 Professional Service
2. Global Cloud-Based ITSM Market, by Vertical:
2.1 Healthcare and Life Sciences
2.2 Government and Public Sector
2.3 Energy and Utilities
2.4 Banking, Financial Services, and Insurance
2.5 Retail and Consumer Packaged Goods
2.6 Travel and Hospitality
2.7 Manufacturing
2.8 Others
3. Global Cloud-Based ITSM Market, by Organization Size:
3.1 Large Companies
3.2 Small and Mid-sized Companies
4. Global Cloud-Based ITSM Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of the World
Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. BMC Software, Inc.
3. Citrix Systems, Inc.
4. CA Technologies
5. Axios Systems PLC
6. Servicenow, Inc.
7. Heat Software USA, Inc.
8. Cherwell Software, LLC
9. Hornbill Corporate Limited
10. Hewlett Packard Enterprise Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Cloud-Based ITSM Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
INTRODUCTION OF GLOBAL CLOUD-BASED ITSM MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL CLOUD-BASED ITSM MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Regulatory Framework
5 GLOBAL CLOUD-BASED ITSM MARKET, BY COMPONENT
5.1 Overview
5.2 Solution
5.2.1 Operations and Performance Management
5.2.2 Service Portfolio Management
5.2.3 Configuration and Change Management
5.2.4 Service Desk Solution
5.2.5 Reporting and Analytics
5.3 Service
5.3.1 Managed Services
5.3.2 Professional Service
6 GLOBAL CLOUD-BASED ITSM MARKET, BY VERTICAL
6.1 Overview
6.2 Healthcare and Life Sciences
6.3 Government and Public Sector
6.4 Energy and Utilities
6.5 Banking, Financial Services, and Insurance
6.6 Retail and Consumer Packaged Goods
6.7 Travel and Hospitality
6.8 Manufacturing
6.9 Others
7 GLOBAL CLOUD-BASED ITSM MARKET, BY ORGANIZATION SIZE
7.1 Overview
7.2 Large Companies
7.3 Small and Mid-sized Businesses
8 GLOBAL CLOUD-BASED ITSM MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL CLOUD-BASED ITSM MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 IBM Corporation
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 BMC Software, Inc.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Citrix Systems, Inc.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 CA Technologies
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Axios Systems PLC
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Servicenow, Inc.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Heat Software USA, Inc.
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Cherwell Software, LLC
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Hornbill Corporate Limited
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Hewlett Packard Enterprise Company
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Reports
The GPU Cloud Access Technologies Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manuf...
The Cloud-Based Cold Chain Management Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, m...
The Public Cloud Based Contact Center Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, m...
The IP-Based Mobile Games Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers...
The 3D Point Cloud Annotation Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Hybrid Cloud Storage Array Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufact...
The Automotive Public Cloud Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacture...
The Autonomous Driving Cloud Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ma...
The Automotive Cloud Computing Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Distributed Cloud Storage Array Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, man...