IT Operations and Service Management Market Scope by 2031
IT Operations and Service Management (ITOSM) Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 27.74 Billion |
Market Size by 2031 | US$ 69.21 Billion |
Global CAGR (2023 - 2031) | 12.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
IT Operations and Service Management (ITOSM) Market News and Recent Developments
The IT operations and service management (ITOSM) market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the IT operations and service management (ITOSM) market are listed below:
- ServiceNow and Fujitsu announced a new strategic commitment to launch innovative cross-industry solutions designed to maximize value for customers worldwide. The companies launched a new Fujitsu-ServiceNow Innovation Center to focus on digital transformation and customer success. Fujitsu expands its use of the Now Platform to provide even greater value to customers. (Source: ServiceNow, Press Release, March 2023)
- BMC, a global leader in software solutions for the Autonomous Digital Enterprise, announced that its BMC Helix operations management portfolio received provisional authorization for Impact Level 5 (IL-5) from the Defense Information Systems Agency (DISA). The BMC Helix solution enables US Department of Defense (DoD) customers to accelerate their move to the cloud with comprehensive IT operations management to streamline workflows, automate tasks, and improve operational efficiencies. By achieving DISA IL-5 authorization, the BMC Helix portfolio delivered by Amazon Web Services (AWS) GovCloud meets DoD security requirements for Controlled Unclassified Information (CUI) and unclassified National Security Systems (NSS) information. (Source: BMC Software, Press Release, June 2024)
IT Operations and Service Management (ITOSM) Market Report Coverage and Deliverables
The "IT Operations and Service Management (ITOSM) Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- IT operations and service management (ITOSM) market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- IT operations and service management (ITOSM) market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- IT operations and service management (ITOSM) market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the IT operations and service management (ITOSM) market
- Detailed company profiles