IT Operations and Service Management (ITOSM): Global Strategic Business Report

Global IT Operations and Service Management (ITOSM) Market to Reach $36.4 Billion by 2030

The global market for IT Operations and Service Management (ITOSM) estimated at US$24.4 Billion in the year 2022, is projected to reach a revised size of US$36.4 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Configuration Automation and Discovery, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$10.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Event Management segment is readjusted to a revised 4.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.3 Billion, While China is Forecast to Grow at 4.8% CAGR

The IT Operations and Service Management (ITOSM) market in the U.S. is estimated at US$7.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Select Competitors (Total 147 Featured) -

• ASG Technologies Group, Inc.
• BMC Software, Inc.
• CA Technologies, Inc.
• Cherwell Software, LLC
• Compuware Corporation
• HP, Inc.
• IBM Corporation
• Ivanti
• Oracle Corporation
• ServiceNow, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year