Cloud-Based ITSM Market 2020 World Analysis and Forecast Till 2026

The report titled, “Cloud-Based ITSM Market” published by MarketsandMarkets provides an extraordinary analysis for evaluating the Cloud-Based ITSM Industry, highlighting opportunities and supporting strategic and skilful decision-making.The report "Cloud-Based ITSM Market by Solution (Service Portfolio Management, Change & Configuration Management, Service Desk Software, Operations & Performance Management, Dashboard, Reporting, & Analytics), Service, Vertical, & Region - Global Forecast to 2021", the Cloud-Based ITSM Market is estimated to grow from USD 4.41 Billion in 2016 to USD 8.78 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.8% from 2016 to 2021.Ask for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=261087410The cloud-based ITSM solutions are witnessing the rising demand due to widespread adoption of BYOD policies and increasing mobile workforce, advent of advanced technologies such as big data and IoT, and the benefits of agile implementation, easy deployment, and subscription-based pricing.

The substantial growth in the Cloud-Based ITSM Market can be credited to the increasing need for remote solutions that can be accessed from anywhere and to provide organizations with a flexible and cost-effective solution that offers better customer satisfaction.Operations and performance management solutions are expected to show positive trends during the forecast periodThe operations and performance management solutions are expected to dominate the market from 2016 to 2021.

Furthermore, due to the increasing adoption of BYOD trends in enterprises, dashboard, reporting, and analytics solutions are expected to gain traction in the next 5 years.Telecom and IT segment to grow at the highest rate during the forecast periodThe telecom and IT segment is expected to grow at a rapid rate from 2016 to 2021 in the Cloud-Based ITSM Market.

The market is also projected to witness growth in the travel and hospitality, manufacturing, and education segment during the forecast period.Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/cloud-based-itsm-market-261087410.htmlNorth America is expected to contribute the largest market share during the forecast periodNorth America is expected to have the largest market share and dominate the Cloud-Based ITSM Market from 2016 to 2021, due to the rapid adoption of BYOD policies for enhanced productivity, employee satisfaction, and cost effectiveness.

These policies require remote accessibility of information, which is facilitated by cloud-based ITSM solutions.

Latin America offers potential growth opportunities, as there is rise in technology penetration and organizations are focusing on offering better customer experience to differentiate themselves from the competitors.The major vendors in the Cloud-Based ITSM Market include BMC Software, Inc., CA Technologies, ServiceNow, Cherwell Software, LLC, Hewlett Packard Enterprise Company, and HEAT Software USA, Inc., along with others.

Global Cloud-Based ITSM Market was valued at US$ 3.23Bn in 2017 and is expected to reach US$ 10.02Bn by 2026, at a CAGR of 15.02% during a forecast period.

x The cloud-based ITSM market is driven by factors such as the widespread implementation of Bring Your Own Device (BYOD) policies & increasing the mobile workforce, advent of advanced technologies like big data and IoT, and benefits of agile implementation, easy deployment, and subscription-based pricing of global cloud-based ITSM solutions.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.The main restrains faced by global cloud-based ITSM market is increased business analysis and complexity.

Nowadays, because of substantial implementation of the internet of things for various cloud-based applications and excess use of the remote application, most of the organizations are facing problem like compliance which causes complexity in business.Based on the Service segment, Professional services segment is projected to dominate the global cloud-based ITSM market and is projected to contribute the largest market share, whereas managed services segment is projected to produce at the highest rate during the forecast period.

Global Cloud-based ITSM solutions are expected to grow with the highest CAGR in the SMEs segment, as these solutions help SMEs to handle their business efficiently with improved customer satisfaction.On the basis of Industry Vertical segment, the healthcare & life sciences sector is projected to grow with the highest rate in 2026.

Need for advanced skills has led organizations in the telecom and IT sector to focus more on cloud-based services and on improving customer satisfaction.

Latin America offers potential growth opportunities, as there is a rise in technology penetration in the region and organizations there are focusing on offering better customer experience in order to differentiate themselves from the competitors.This report focuses on the Global Cloud-Based ITSM Market rank, future forecast, growth opportunity, key market, and emerging players.

Recently published a report entitled Cloud-Based ITSM Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.

Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The entire cloud-based ITSM market has been sub-categorized into service, organization size, and vertical.

The report provides an analysis of these subsets with respect to the geographical segmentation.

This research study will keep marketer informed and helps to identify the target demographics for a product or service.Request a FREE Sample Copy of Cloud-Based ITSM Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/cloud-based-itsm-market/download-sampleBy ServiceProfessional ServicesManaged ServicesBy Organization SizeSmall And Medium EnterprisesLarge EnterprisesBy VerticalBanking, Financial Services, And InsuranceTelecom And ITHealthcare And Life SciencesRetail And Consumer Packaged GoodsGovernment And Public SectorEnergy And UtilitiesTravel And HospitalityManufacturingEducationOthersThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the cloud-based ITSM market include BMC Software, Inc., CA Technologies, ServiceNow, Inc., Cherwell Software, LLC, Hewlett Packard Enterprise Company, Citrix Systems, Inc., Axios Systems PLC, IBM Corporation, Heat Software USA, Inc. and Hornbill Corporate Limited.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.This section covers regional segmentation which accentuates on current and future demand for cloud-based ITSM market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

This report focuses on the global Cloud Based ITSM status, future forecast, growth opportunity, key market and key players.

The study objectives are to present the Cloud Based ITSM development in United States, Europe and China.

In 2017, the global Cloud Based ITSM market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.Access the PDF sample of the report @ https://www.orbisresearch.com/contacts/request-sample/2311465The key players covered in this studyFreshdeskSamanageSerena SoftwareCloudhealth TechnologiesLandesk SoftwareZoho CorporationSysaid Technologies... Market segment by Type, the product can be split intoOperations & Performance ManagementService Portfolio ManagementConfiguration & Change ManagementDashboard Analysis & ManagementOther Market segment by Application, split intoGovernmentBFSIIT & TelecomEnergy & UtilitiesHealthcareOther Market segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South America The study objectives of this report are:To analyze global Cloud Based ITSM status, future forecast, growth opportunity, key market and key players.To present the Cloud Based ITSM development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Cloud Based ITSM are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.

Whenever data information was unavailable for the base year, the prior year has been considered.Browse the full report @ https://www.orbisresearch.com/reports/index/global-cloud-based-itsm-market-size-status-and-forecast-2018-2025Table of Contents  Chapter One: Report Overview1.1 Study Scope1.2 Key Market Segments1.3 Players Covered1.4 Market Analysis by Type1.4.1 Global Cloud Based ITSM Market Size Growth Rate by Type (2013-2025)1.4.2 Operations & Performance Management1.4.3 Service Portfolio Management1.4.4 Configuration & Change Management1.4.5 Dashboard Analysis & Management1.4.6 Other1.5 Market by Application1.5.1 Global Cloud Based ITSM Market Share by Application (2013-2025)1.5.2 Government1.5.3 BFSI1.5.4 IT & Telecom1.5.5 Energy & Utilities1.5.6 Healthcare1.5.7 Other1.6 Study Objectives1.7 Years Considered Chapter Two: Global Growth Trends2.1 Cloud Based ITSM Market Size2.2 Cloud Based ITSM Growth Trends by Regions2.2.1 Cloud Based ITSM Market Size by Regions (2013-2025)2.2.2 Cloud Based ITSM Market Share by Regions (2013-2018)2.3 Industry Trends2.3.1 Market Top Trends2.3.2 Market Drivers2.3.3 Market Opportunities Chapter Three: Market Share by Key Players3.1 Cloud Based ITSM Market Size by Manufacturers3.1.1 Global Cloud Based ITSM Revenue by Manufacturers (2013-2018)3.1.2 Global Cloud Based ITSM Revenue Market Share by Manufacturers (2013-2018)3.1.3 Global Cloud Based ITSM Market Concentration Ratio (CRChapter Five: and HHI)3.2 Cloud Based ITSM Key Players Head office and Area Served3.3 Key Players Cloud Based ITSM Product/Solution/Service3.4 Date of Enter into Cloud Based ITSM Market3.5 Mergers & Acquisitions, Expansion Plans Chapter Four: Breakdown Data by Type and Application4.1 Global Cloud Based ITSM Market Size by Type (2013-2018)4.2 Global Cloud Based ITSM Market Size by Application (2013-2018) Chapter Five: United States5.1 United States Cloud Based ITSM Market Size (2013-2018)5.2 Cloud Based ITSM Key Players in United States5.3 United States Cloud Based ITSM Market Size by Type5.4 United States Cloud Based ITSM Market Size by Application Chapter Six: Europe6.1 Europe Cloud Based ITSM Market Size (2013-2018)6.2 Cloud Based ITSM Key Players in Europe6.3 Europe Cloud Based ITSM Market Size by Type6.4 Europe Cloud Based ITSM Market Size by Application Chapter Seven: China7.1 China Cloud Based ITSM Market Size (2013-2018)7.2 Cloud Based ITSM Key Players in China7.3 China Cloud Based ITSM Market Size by Type7.4 China Cloud Based ITSM Market Size by Application Chapter Eight: Japan8.1 Japan Cloud Based ITSM Market Size (2013-2018)8.2 Cloud Based ITSM Key Players in Japan8.3 Japan Cloud Based ITSM Market Size by Type8.4 Japan Cloud Based ITSM Market Size by Application Chapter Nine: Southeast Asia9.1 Southeast Asia Cloud Based ITSM Market Size (2013-2018)9.2 Cloud Based ITSM Key Players in Southeast Asia9.3 Southeast Asia Cloud Based ITSM Market Size by Type9.4 Southeast Asia Cloud Based ITSM Market Size by Application Chapter Ten: India10.1 India Cloud Based ITSM Market Size (2013-2018)10.2 Cloud Based ITSM Key Players in India10.3 India Cloud Based ITSM Market Size by Type10.4 India Cloud Based ITSM Market Size by Application Chapter Eleven: Central & South America11.1 Central & South America Cloud Based ITSM Market Size (2013-2018)11.2 Cloud Based ITSM Key Players in Central & South America11.3 Central & South America Cloud Based ITSM Market Size by Type11.4 Central & South America Cloud Based ITSM Market Size by Application Chapter Twelve: International Players Profiles12.1 Freshdesk12.1.1 Freshdesk Company Details12.1.2 Company Description and Business Overview12.1.3 Cloud Based ITSM Introduction12.1.4 Freshdesk Revenue in Cloud Based ITSM Business (2013-2018)12.1.5 Freshdesk Recent Development12.2 Samanage12.2.1 Samanage Company Details12.2.2 Company Description and Business Overview12.2.3 Cloud Based ITSM Introduction12.2.4 Samanage Revenue in Cloud Based ITSM Business (2013-2018)12.2.5 Samanage Recent Development12.3 Serena Software12.3.1 Serena Software Company Details12.3.2 Company Description and Business Overview12.3.3 Cloud Based ITSM Introduction12.3.4 Serena Software Revenue in Cloud Based ITSM Business (2013-2018)12.3.5 Serena Software Recent Development12.4 Cloudhealth Technologies12.4.1 Cloudhealth Technologies Company Details12.4.2 Company Description and Business Overview12.4.3 Cloud Based ITSM Introduction12.4.4 Cloudhealth Technologies Revenue in Cloud Based ITSM Business (2013-2018)12.4.5 Cloudhealth Technologies Recent Development12.5 Landesk Software12.5.1 Landesk Software Company Details12.5.2 Company Description and Business Overview12.5.3 Cloud Based ITSM Introduction12.5.4 Landesk Software Revenue in Cloud Based ITSM Business (2013-2018)12.5.5 Landesk Software Recent Development12.6 Zoho Corporation12.6.1 Zoho Corporation Company Details12.6.2 Company Description and Business Overview12.6.3 Cloud Based ITSM Introduction12.6.4 Zoho Corporation Revenue in Cloud Based ITSM Business (2013-2018)12.6.5 Zoho Corporation Recent Development12.7 Sysaid Technologies12.7.1 Sysaid Technologies Company Details12.7.2 Company Description and Business Overview12.7.3 Cloud Based ITSM Introduction12.7.4 Sysaid Technologies Revenue in Cloud Based ITSM Business (2013-2018)12.7.5 Sysaid Technologies Recent Development Chapter Thirteen: Market Forecast 2018-202513.1 Market Size Forecast by Regions13.2 United States13.3 Europe13.4 China13.5 Japan13.6 Southeast Asia13.7 India13.8 Central & South America13.9 Market Size Forecast by Product (2018-2025)13.10 Market Size Forecast by Application (2018-2025) Chapter Fourteen: Analyst's Viewpoints/Conclusions Chapter Fifteen: Appendix15.1 Research Methodology15.1.1 Methodology/Research Approach15.1.1.1 Research Programs/Design15.1.1.2 Market Size Estimation12.1.1.3 Market Breakdown and Data Triangulation15.1.2 Data Source15.1.2.1 Secondary Sources15.1.2.2 Primary Sources15.2 Disclaimer15.3 Author Details Direct 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According to a new market research report "Cloud ITSM Market by Component (Solutions (Service Portfolio Management, Configuration & Change Management, Operations & Performance Management), Services), Vertical (BFSI, IT & Telecommunication, Retail & Consumer Goods), Region - Global Forecast to 2024", published by MarketsandMarkets™, the cloud ITSM market size to grow from USD 4.4 billion in 2019 to USD 10.4 billion by 2024, at a CAGR of 18.6% during 2019–2024.

These verticals are expected to witness high adoption of cloud ITSM solutions and services to achieve various benefits, such as increased efficiency, higher RoI, and cost-effectiveness.

IT and ITES companies have taken several steps, such as business process outsourcing, infrastructure sharing, IT outsourcing, and revenue assurance, to reduce their operating costs and increase their revenues.By solution, the managed services segment is expected to grow at the highest CAGR during the forecast periodThe component segment is subdivided into solutions and services segments.

Managed services provide end-users with software configured to their requirements to assist at every step of software usage.North America to hold the largest market size during the forecast periodNorth America is expected to hold the largest market size in the global cloud ITSM market.

Due to the rise in competition in the cloud ITSM market, service organizations across verticals are likely to embrace professional services to gain competitive advantage.

The growth across APAC is owing to a rapid increase in considerations of cloud ITSM solutions.Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=261087410The cloud ITSM market report provides the competitive landscape and company profiles of the key vendors by their product offerings and business strategies.