Global IT Service Management (ITSM) Software Market Growth (Status and Outlook) 2023-2029

Global IT Service Management (ITSM) Software Market Growth (Status and Outlook) 2023-2029

Product Code:454848

Published Date: Feb 08,2023

Pages: 123

Region: Global

Category: Service & Software

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IT Service Management (ITSM) is a process-based practice that mainly deliver satisfactory service to the end user customer. It is intended to align the delivery of information technology (IT) services with needs of the enterprise, emphasizing benefits to customers.

LPI (LP Information)' newest research report, the “IT Service Management (ITSM) Software Industry Forecast” looks at past sales and reviews total world IT Service Management (ITSM) Software sales in 2022, providing a comprehensive analysis by region and market sector of projected IT Service Management (ITSM) Software sales for 2023 through 2029. With IT Service Management (ITSM) Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IT Service Management (ITSM) Software industry.

This Insight Report provides a comprehensive analysis of the global IT Service Management (ITSM) Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IT Service Management (ITSM) Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IT Service Management (ITSM) Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IT Service Management (ITSM) Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IT Service Management (ITSM) Software.

The global IT Service Management (ITSM) Software market size is projected to grow from US$ 2829 million in 2022 to US$ 5319.5 million in 2029; it is expected to grow at a CAGR of 9.4% from 2023 to 2029.

The key consumption markets locate at developed countries. The USA takes the market share of 43%, followed by EU with 29%. China's consumption market has a quicker growing speed, with a market share of 8%.

ServiceNow and Atlassian are the top 2 players of IT Service Management (ITSM) Software, with about 42% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of IT Service Management (ITSM) Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Cloud-Based
    On-Premises

Segmentation by application
    SMEs
    Large Enterprises

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    ServiceNow
    Atlassian
    Ivanti (HEAT Software)
    IBM
    CA Technologies
    BMC Software
    ASG Software
    Axios Systems
    SAP
    Cherwell Software
    Micro Focus (Formerly HPE)
    Freshworks
    Ultimo Software
    Epicor
    TOPdesk
    Samanage
    Agiloft Service
    Symantec
    SysAid
    SolarWinds
    Autotask