IT Operations and Services Management Market

rising adoption of cloud computingIT Operations and Services Management Market Study by Configuration Automation & Discovery, Event Management, Cloud Provisioning, and Workload & IT Automation from 2024 to 2034

Analysis of IT Operations and Services Management Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

IT Operations and Services Management Market Outlook (2024 to 2034)

An updated research report released by Fact.MR states that the global IT operations and services management market is projected to be valued at US$ 31.35 billion in 2024. Worldwide revenue from IT operations and services management (ITOSM) solutions is analyzed to increase at 6.2% CAGR to reach US$ 57.22 billion by the end of 2034.

There has been a rapid increase in the demand for cloud-based ITOSM services and solutions due to the rising adoption of cloud computing services among organizations across the world. The growing adoption of cloud solutions is bringing noteworthy changes in the operation models of any organization. Consolidation and centralization are considered key advantages of using cloud-based solutions.

Aggressive investments by leading players, such as Atlassian Corporation, Hewlett Packard Enterprise Company, and others are helping them offer more effective solutions matching the requirements of end users.

For instance :

  • Atlassian Corporation PLC, in January 2020, came up with updated and more advanced Jira project management software. This IT operations and services management software helps in managing and monitoring software development initiatives.

Increasing complexities and constant changes in the IT sector are resulting in massive data generation. Traditional tools are not component enough to match operational requirements, thereby an increased demand for introducing more effective ITOSM solutions is witnessed. A growing preference of more SMEs and startups for adopting cloud-based applications and an increasing demand for managed cloud IT solutions are contributing to IT operations and services management market growth.

  • East Asia is evaluated to account for 26% of the global market share by 2034-end.
  • The market in Canada is projected to expand at 6% CAGR from 2024 to 2034.
  • Demand for ITOSM solutions is forecasted to increase at 5.6% CAGR and reach a market valuation of US$ 31.47 billion by 2034.
  • The market in South Korea is projected to expand at 7.7% CAGR through 2034.
Report Attribute Detail
IT Operations and Services Management Market Size (2024E) US$ 31.35 Billion
Forecasted Market Value (2034F) US$ 57.22 Billion
Global Market Growth Rate (2024 to 2034) 6.2% CAGR
Japan Market Growth Rate (2024 to 2034) 7.5% CAGR
North America Market Share (2034F) 31.5%
Market Share of Event Management Services (2034F) 38%
Key Companies Profiled IBM Corporation; ServiceNow, Inc.; Oracle Corporation; Compuware Corporation; HP Inc.; BMC Software; Broadcom; Serviceaide; Freshworks Inc.; Microsoft Corporation; Dell, Inc.; CA Technology.

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Why is Demand for IT Operations and Services Management Solutions Accelerating Globally?

“Rapidly Increasing use of Cloud-based Applications”

There is surging adoption of cloud-based applications among SMEs and startups to help reduce the cost of IT infrastructure operations, strengthen business stability, and enhance scalability. The adoption of several advanced technologies, such as AI, big data, cloud computing, and IoT is augmenting demand for ITOSM services for management purposes. Further, the increased deployment of BYOD trends along with the increasing mobile workforce is setting IT operations and services management market trends.

Which Primary Issue are Market Players Actively Working On?

“Complexities Associated with IT Architecture”

More and more organizations are implementing an IT architecture to make the IT sector more agile and dynamic with the assistance of virtual machines, containers, and clouds. Dynamic attributes of these cloud-based services are helping enterprises match fluctuating demands. However, the decreased visibility for organizations is resulting in identifying several challenges. Certain organizations are not investing in ITOSM solutions due to their lack of awareness and prevailing complexities. These factors are impeding the expansion of the IT operations and services management market size.

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What is Helping Start-ups Gain Ground in This Business Space?

“Supportive Government Initiatives and High Use of Cloud-based Delivery Models”

More organizations are turning to cloud computing services for data storage due to their affordability and flexibility. Governments are also willing to invest more in cloud-based delivery models to streamline their tech operations and improve efficiency, especially issues related to citizen-facing transactions. Start-ups are expected to leverage these opportunities with the development of more effective ITOSM solutions in maintaining technology platforms.

Country-wise Insights

North America is evaluated to capture 31.5% of the global IT operations and services management market share by 2034, according to a recently updated report by Fact.MR, a market research and competitive intelligence provider. The prominence of the region is attributed to the growing adoption of cloud technology with a well-established infrastructure along with surging demand for improved IT services.

What is Complementing Market Growth in the United States?

“Well-established IT Infrastructure Stimulating Demand for ITSM Solutions”

Attribute United States
Market Value (2024E) US$ 4.6 Billion
Growth Rate (2024 to 2034) 6% CAGR
Projected Value (2034F) US$ 8.22 Billion

The United States is analyzed to occupy a share of 45.6% in North America by the end of 2034. The presence of well-established robust technology providers along with the development of some core technologies are widening the demand for IT operations and services management solutions. Furthermore, the presence of some key market players, such as BMC Software, Hewlett Packard, IBM Corporation, and others is strengthening the country’s presence in the region.

Why Has China Become an Epicenter for ITSM Solution Providers?

“Rising Adoption of ITSM Solutions in Manufacturing, Consumer Goods, and Transportation Sectors”

Attribute China
Market Value (2024E) US$ 3.6 Billion
Growth Rate (2024 to 2034) 7% CAGR
Projected Value (2034F) US$ 7.07 Billion

China is forecasted to account for 47.5% share of East Asian market revenue by 2034. There is increased adoption of ITOSM solutions in several industries, such as manufacturing, consumer goods, and transportation & logistics for offering a better consumer experience. Growing investment by these industries in enhancing their capabilities with the use of ITOSM solutions is also creating opportunities for market players.

Why is Need for ITSM Solutions So High in Japan?

“Rapid Digital Transformation Leading to Substantial Bulk Data Generation”

Attribute Japan
Market Value (2024E) US$ 2.13 Billion
Growth Rate (2024 to 2034) 7.5% CAGR
Projected Value (2034F) US$ 4.37 Billion

Japan is projected to occupy a share of 29.4% of the market in East Asia by 2034-end. Increasing digital transformation in the country is opening new doors for providers of IT operations and services management solutions. Rising digitalization is resulting in bulk data generation, which is ultimately driving demand for effective operation services, such as ITOSM solutions.

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Competitive landscape highlights only certain players
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Category-wise Insights

As revealed in Fact.MR’s report, ITSM solutions are analyzed to occupy more than half of the share of global market revenue by 2034 driven by their assistance in cost optimization, streamlined operations, and constant improvements in organizational functioning.

Which Type of IT Operations and Services Management Solution is Preferred Globally?

“Integration of ITSM Solutions with AI Widening Application Scope”

Attribute ITSM
Segment Value (2024E) US$ 18.18 Billion
Growth Rate (2024 to 2034) 5.6% CAGR
Projected Value (2034F) US$ 31.47 Billion

ITSM solutions are analyzed to account for 55% share of the global market by the end of 2034. The rising integration of cloud ITSM solutions with more advanced and modern AI is offering lucrative opportunities for market players. AI platforms help companies with a wide range of enterprise and IT management services. Several market players, such as IBM Corporation, Serviceaide, and BMC Software are investing in developing modern ITSM services and solutions based on AI platforms.

For instance :

  • Serviceaide, Inc., in September 2020, came up with LUMA 2.5, a support and service agent for enterprise and IT service management. This is equipped with an AI platform. Its natural language processing helps in offering a traditional medium over email, voice, chat, and other platforms.

Which Application Accounts for High Revenue Streams?

“Widespread Use of ITOSM Solutions in Event Management for Enhanced Services”

Attribute Event Management
Market Value (2024E) US$ 11.29 Billion
Growth Rate (2024 to 2034) 6.8% CAGR
Projected Value (2034F) US$ 21.74 Billion

Event management solutions are evaluated to hold a share of 38% of global market revenue by 2034. Increasing demand for IT operations and services management solutions for a gamut of events is attributed to their improved efficiency in planning, management, and enhanced service availability.

Competitive Landscape

Key players in the IT operations and services management market are involved in mergers & acquisitions, collaborations, partnerships, and others to get a competitive edge.

For instance :

  • VMware was acquired by Broadcom in November 2023. This is expected to help Broadcom in its motive of enabling enterprise customers to create and modernize their hybrid as well as cloud environments. The company will invest in VMware Cloud Foundation, thereby enabling consumers to convert their typical heterogeneous enterprise IT infrastructure into a containerized and virtualized environment.
  • ServiceNow entered into a partnership with ANSR in October 2023. This deal is expected to enable ANSR to establish ServiceNow Centers of Excellence in about 60 GCC (Global Capability Centers) for the ServiceNow platform training of 3,500 people in India.

Fact.MR provides detailed information about the price points of leading providers of IT operations and services management solutions positioned across the world, sales growth, production capacity, and speculative technological expansion, in this recently updated market report.

Segmentation of IT Operations and Services Management Market Research

  • By Type :

    • ITSM
    • ITOM
  • By Application :

    • Configuration Automation & Discovery
    • Event Management
    • Cloud Provisioning
    • Workload & IT Automation
  • By Industry Vertical :

    • BFSI
    • Government
    • Telecom & IT
    • Healthcare/Medical/Pharmaceuticals
    • Aerospace/Defense
    • Manufacturing
    • Retail/Wholesale/Distribution
    • Education
    • Energy & Utilities
    • Hospitality/Entertainment/Recreation/Travel
    • Others
  • By Region :

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • MEA

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Type

    6.2. Application

    6.3. Industry Vertical

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type

    7.1. ITSM

    7.2. ITOM

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application

    8.1. Configuration Automation & Discovery

    8.2. Event Management

    8.3. Cloud Provisioning

    8.4. Workload & IT Automation

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Industry Vertical

    9.1. BFSI

    9.2. Government

    9.3. Telecom & IT

    9.4. Healthcare/Medical/Pharmaceuticals

    9.5. Aerospace/Defense

    9.6. Manufacturing

    9.7. Retail/Wholesale/Distribution

    9.8. Education

    9.9. Energy & Utilities

    9.10. Hospitality/Entertainment/Recreation/Travel

    9.11. Others

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. Middle East & Africa

11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. Sales Forecast 2024 to 2034 by Type, Application, Industry Vertical, and Region for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. IBM Corporation

    20.2. ServiceNow, Inc.

    20.3. Oracle Corporation

    20.4. Compuware Corporation

    20.5. HP Inc.

    20.6. BMC Software

    20.7. Broadcom

    20.8. Serviceaide

    20.9. Freshworks Inc.

    20.10. Microsoft Corporation

    20.11. Dell, Inc.

    20.12. CA Industry Vertical

21. Assumptions and Acronyms Typed

22. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by Industry Vertical, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by Industry Vertical, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Industry Vertical, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Type, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Type, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Type, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Type, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034

Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034

Figure 76: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 78: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 79: Eastern Europe Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 81: Eastern Europe Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 89: East Asia Market Share and BPS Analysis by Type, 2024 & 2034

Figure 90: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 91: East Asia Market Attractiveness Analysis by Type, 2024 to 2034

Figure 92: East Asia Market Share and BPS Analysis by Application, 2024 & 2034

Figure 93: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 94: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 95: East Asia Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 96: East Asia Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 97: East Asia Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 105: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034

Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 107: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034

Figure 108: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034

Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 110: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034

Figure 111: South Asia & Pacific Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 113: South Asia & Pacific Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 118: MEA Market Share Analysis by Country, 2024 & 2034

Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 121: MEA Market Share and BPS Analysis by Type, 2024 & 2034

Figure 122: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 123: MEA Market Attractiveness Analysis by Type, 2024 to 2034

Figure 124: MEA Market Share and BPS Analysis by Application, 2024 & 2034

Figure 125: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 126: MEA Market Attractiveness Analysis by Application, 2024 to 2034

Figure 127: MEA Market Share and BPS Analysis by Industry Vertical, 2024 & 2034

Figure 128: MEA Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034

Figure 129: MEA Market Attractiveness Analysis by Industry Vertical, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the size of the IT operations and services management market in 2024?

The global IT operations and services management market is projected to reach US$ 31.35 billion in 2024.

What is the forecasted value of the global market for 2034?

Global revenue from ITOSM solutions is projected to reach US$ 57.22 billion by 2034.

At what CAGR is the global market projected to expand?

The global market is forecasted to expand at 6.2% CAGR from 2024 to 2034.

What is the contribution of North America to global market revenue?

North America is forecasted to hold 31.5% share of the global market by 2034.

At what rate is the market analyzed to advance in Japan?

The ITOSM market in Japan is projected to increase at 7.5% CAGR through 2034.

How much share of global market revenue are ITSM solutions set to hold?

ITSM solutions are forecasted to hold 55% share of global market revenue by 2034.

Who are the leading ITOSM solutions providers?

IBM Corporation, ServiceNow, Inc., Oracle Corporation, Compuware Corporation, and HP Inc. are some of the key market players.

What is operations management in IT?

IT operations management is related to the totality of networking, cloud, and other resources required for business operations, customer support, and productivity.

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IT Operations and Services Management Market

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