IT Management as a Service Market, Global Outlook and Forecast 2023-2029
IT service management as a service (ITSMaaS) is a term for the idea that companies can outsource their IT Services rather than maintaining them in-house. With ITSM, companies can decrease costs and free up staff, while getting quality IT service that trades on specialization and economies of scale.
This report aims to provide a comprehensive presentation of the global market for IT Management as a Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Management as a Service. This report contains market size and forecasts of IT Management as a Service in global, including the following market information:
Global IT Management as a Service Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global IT Management as a Service market was valued at US$ 230500 million in 2022 and is projected to reach US$ 394310 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
ITSM allows the company to maintain IT Services with lower fixed costs for hardware and labor. Instead, companies often pay per user, per year, for a given IT service. In addition to basic IT diagnostic and repair Services, ITSM can also provide other types of Services, such as help with virtualization systems, storage assistance and much more.
We surveyed the IT Management as a Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IT Management as a Service Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global IT Management as a Service Market Segment Percentages, by Type, 2022 (%)
Systems and Network Monitoring and Management
Problem Management
Resource Utilization, Capacity Planning, and Billing
Global IT Management as a Service Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IT Management as a Service Market Segment Percentages, by Application, 2022 (%)
IT and Telecom
BFSI
Public Sector
Others
Global IT Management as a Service Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IT Management as a Service Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IT Management as a Service revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IT Management as a Service revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ServiceNow
HP
Broadcom
BMC Software
Absolute Software
Cherwell Software
EMC Infra
Epicor Software
FrontRange Solutions
Fujitsu
Hornbill
IBM
ManageEngine
Microsoft
Oracle
SAP
Serena Software
Sofigate
Sunrise Software
SunView Software
Symantec
SysAid Technologies
Vmware
Outline of Major Chapters:
Chapter 1: Introduces the definition of IT Management as a Service, market overview.
Chapter 2: Global IT Management as a Service market size in revenue.
Chapter 3: Detailed analysis of IT Management as a Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of IT Management as a Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.