Cloud ITSM Market Size: Segmented By Application, Geography Trends, Growth & Forecasts To 2025

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Adroit Market Research
Cloud ITSM Market by Solutions (Operations
Performance Management, Service Portfolio
Management, Service Desk Software, Dashboard
Reporting Analytics, and Configuration
Change Management), Services (Managed Services
and Professional Services), Industry Vertical
(BFSI, IT Telecom, Healthcare, Retail,
Manufacturing, and Others), and Region, Global
Forecast, 2018 to 2025
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Adroit Market Research
Global Cloud ITSM Market Size and Share-Global
Forecast to 2025

• The global Cloud ITSM market size is anticipated
  to reach over USD 11 billion by 2025. In
  addition, it is expected to exhibit a CAGR of
  over 18 during the forecast period 2018-2025.
  Cloud solutions and services are transforming
  the conventional business process into digital
  ones.
• The cloud- ITSM primarily involves three service
  strategies that are financial management, demand
  management, and portfolio management. Moreover,
  to comply with the constantly growing workload
  across organizations, these services are being
  used for efficient management of workloads and
  cost calculations.
• The recent and future cloud ITSM market
  progresses is defined to state the attractiveness
  of the market. Key
• impacting aspects focus on the cloud ITSM of
  market opportunities and trends over the forecast
  period.
• Factors such as the rising acceptance of
  cloud-based solutions among numerous
  organizations and industries are driving the
  market growth. Also, the integration of
  artificial intelligence-based tools with IT
  solutions is boosting the global cloud ITSM
  market growth.
• However, the growing data privacy and security
  concerns are expected to hamper the market
  growth. Furthermore, the increasing trend of
  BYOD and mobile workforce among enterprises
  globally is anticipated to provide growth
  opportunities for the cloud ITSM market in the
  upcoming years.

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Adroit Market Research
Global Cloud ITSM Market Size and Share-Global
Forecast to 2025

• The cloud ITSM market has solid competition among
  the early established and new players. Also, to
  capture a competitive advantage over the other
  industry players many industry players are aiming
  potential markets by forming collaboration and
  partnerships, agreements, mergers acquisitions,
  acquiring new startups other companies, and
  escalating their business presence.
• Based on the services, the market is segmented
  into managed services and professional services.
  The managed services segment is having the
  highest growth and it is expected to witness the
  highest growth over the forecast period.
• The growth of this segment is mainly attributed
  to the increasing need to update and maintain
  software to ensure efficient functioning
  throughout the business processes. On the
  contrary, the professional services segment
  leads the market growth in 2019 and it is
  projected to hold its position during the
  forecast years.
• The Asia-Pacific region is projected to
  experience the highest growth throughout the
  forecast period.
• The major players of the global cloud ITSM market
  are Citrix Systems, IBM, HPE, CA Technologies,
  Axios Systems, Atlassian, ServiceNow, BMC
  Software, Microsoft, and Micro Focus. Moreover,
  the other prospective players in the cloud ITSM
  market are Cherwell Software, Ivanti, Freshworks,
  ManageEngine, and LogMein.

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Adroit Market Research

• Global Cloud ITSM Market Size and Share-Global
  Forecast to 2025
• Segment Overview of Global Cloud ITSM Market
• Solutions Overview, 2018-2025

• Operations performance management
• Service portfolio management
• Service desk software
• Dashboard reporting analytics
• Configuration change management
• Services Overview, 2018-2025
• Managed services
• Professional services
• Industry Vertical Overview, 2018-2025
• BFSI
• IT Telecom
• Healthcare
• Retail
• Manufacturing
• Others
• Regional Overview, 2018-2025 (USD Billion)
• North America
• Europe
• Asia Pacific

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