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Cloud-based ITSM (IT Service Management) industry Analysis by Segmentation, Parameters, Geography, Size, Regios, Application and Forecast to 2019

Tuesday, October 25, 2016 23:11
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Wiseguy Reports research analyst predicts the global cloud-based ITSM market to grow at a CAGR of around 16% during the forecast period. Widespread adoption of BYOD policies and rising mobile workforce are some of the significant growth drivers for this market. The increased usage of smartphones and tablets across organizations has enabled employees to work remotely. With the help of cloud-based ITSM, organizations are moving toward the trend of BYOD, which allows employees to access organizational data and resources without being tied up to a single location.

Wiseguy Reports predicts the mobile workforce population to reach more than 1.2 billion worldwide by the end of 2015, representing 36% of the total workforce. This will pose a challenge for companies in terms of managing and streamlining the workflow. Therefore, automating business processes using the cloud-based model will help in solving these business constraints.

Geographical segmentation and analysis of the cloud-based ITSM market 
• Americas 
• APAC 
• EMEA

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The Americas led the global cloud-based ITSM market during 2015. The region saw tremendous growth over the past five years because of the rise in the mobile workfare and enterprise collaboration. The need to reduce operational costs and TCO and the high traction among SMEs are some of the factors that have contributed to market growth in this region.

Competitive landscape and key vendors 
With a large number of providers, the cloud-based ITSM market has become one of the fastest-growing segment of the cloud computing market. Axios, FrontRange, Cherwell Software, and LANDesk are some of the newer companies that are rapidly gaining market share. This is because prominent on-premise vendors such as HP and IBM are focusing only minimally on cloud-based deployment models.

The leading vendors in the market are
• CA Technologies 
• BMC 
• IBM 
• HP 
• ServiceNow

The other prominent vendors in the market include Axios Systems, Cherwell Software, CloudHealth Technologies, EasyVista, Dell (EMC), Freshdesk, FrontRange Solutions, Fruition Partner, Hornbill Services, LANDesk, NTRGlobal, Sunrise Software, Sunview, SysAid Technologies, TechExcel, Unisys, Vivantio, and Zendesk.

Access Report @ https://www.wiseguyreports.com/reports/241944-global-cloud-based-itsm-market-2015-2019

Key questions answered in the report include 
• What will the market size and the growth rate be in 2019? 
• What are the key factors driving the global cloud-based ITSM market? 
• What are the key market trends impacting the growth of the cloud-based ITSM market? 
• What are the challenges to market growth? 
• Who are the key vendors in this market space? 
• What are the market opportunities and threats faced by the vendors in the global cloud-based ITSM market? 
• Trending factors influencing the market shares of the Americas, APAC, and EMEA? 
• What are the key outcomes of the five forces analysis of the cloud-based ITSM market?

Wiseguy Reports also offers customization on reports based on specific client requirement.

Related reports: 
• Global Cloud-based ITSM Market 2014-2018 
• Global Cloud-Based BPO- Market Analysis 2015-2019 
• Global Cloud-based Video Conferencing Market 2015-2019

About Us

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.

Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349

Follow on LinkedIn: https://www.linkedin.com/company/wise-guy-research-consultants-pvt-ltd-?trk=biz-companies-cym

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