Cloud ITSM Market

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Cloud ITSM Market

Outlook, Growth Factors, Industry Share,


and Size By 2032

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Cloud ITSM Market
Outlook, Growth Factors, Industry Share, Size By 2032
Cloud ITSM is frequently employed using defined processes and frameworks, mostly the Information Technology Infrastructure
Library (ITIL). Moreover, Information Technology Service Management (ITSM) is a set of policies, procedures, and processes
that improve, automate, and integrate IT staff support for an organization's employees. Cloud ITSM increases organizations'
operational efficiency and enhances employee/worker productivity by improving visibility and introducing automation into
financial and service data. The proliferation of cloud-based technologies has witnessed a significant surge in recent years,
which is expected to propel market growth over the forecast period.

According to Straits Research, the global Cloud ITSM Market size


was valued at USD 8,150.12 million in 2022. It is projected to reach
USD 34,030.18 million by 2031, registering a CAGR of 17.2% during
the forecast period (2023-2031).

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arket
Cloud ITSM Market

$34,030.18
CAGR 17.2% USD Billion

$8,150.12
USD Billion

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2023 2032
Cloud ITSM Market

Main Market Players


A Summary of the Impact of
Covered in This
Report:
COVID-19 on this Market:
 Axios Systems
 BMC Software The appearance of COVID-19 has transported
the globe to a halt. We understand that this
 CA Technologies
health disaster has brought an unprecedented
 Citrix Systems
impact on businesses across industries.
 Hewlett Packard Enterprise
However, this too shall pass. Growing support
 International Business Machines from governments and various companies can
Corporation (IBM) benefit in the fight against this highly

 ManageEngine transmissible disease. There are some


businesses that are struggling and some are
 Micro Focus
thriving. General, almost every sector is
 Microsoft Corporation
anticipated to be stuck by the pandemic
 ServiceNow
Cloud ITSM Market
The Cloud ITSM Market has been segmented as below:

 By Organization Size
• Large Enterprises
• Small and Medium Enterprises
 By Industry Vertical
• IT and Telecommunication
• BFSI
• Healthcare
• Manufacturing
• Retail

We are taking nonstop efforts to help your business sustain and cultivate during COVID-19
pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of
coronavirus outbreaks across businesses to help you prepare for the future.

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About Straits Research
StraitsResearch.com is a leading market research and market intelligence
organization, specializing in research, analytics, and advisory services along
with providing business insights & market research reports.

www.straitsresearch.com

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+1 6464807505, +44 203 318 2846

[email protected]

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