Increasing Adoption Of Cloud Computing Among Organizations Is Likely To Propel Growth Of The IT Operations And Services Market

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Increasing Adoption Of Cloud Computing Among Organizations Is Likely To Propel Growth Of The IT Operations And Services Market

iCrowd Newswire
12 May 2022, 18:02 GMT+10

250 Pages IT Operations And Services Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights of IT Operations And Services. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of IT Operations And Services Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of IT Operations And Services market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of IT Operations And Services

This newly published and insightful report sheds light on Market Insights of IT Operations And Services, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of IT Operations And Services Market.

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Competitive Landscape

Key players in the global IT operations and services management market focus on product development, mergers & acquisition, and collaborations. Players are taking various efforts to collaborate with several technologies provider to offer lucrative results. Recent Key developments among players are:

In January 2020, Freshworks Inc., disclosed its partnership with Splashtop, a player that provides remote support solutions, remote access, and collaboration. The partnership is expected to offer remote support solutions to the users of Freshworks' ITSM software.

In July 2020, SolarWinds expanded its IT operations management portfolio to meet the demands of IT professionals functioning in hybrid IT realities and sustain economic pressures.

Report Attributes

Details

Anticipated Base Year Value (2021)

US$ 26.2 Billion

Expected Market Value (2022)

US$ 27.8 Billion

Projected Forecast Value (2022-2032)

US$ 53.2 Billion

Anticipated Market Size of China (2032)

US$ 3.8 Billion

Projected CAGR of Japan (2022-2032)

6.5%

Expected Market Size of Australia

US$ 1.6 Billion

Key Players in the Global IT Operations and Services Management Market

IBM Corporation

Oracle Corporation

HP Inc.

Compuware Corporation

ServiceNow, Inc.

From 2021 to 2022, the market is expected to exhibit a Y-o-Y growth rate of 6.1%. Expansion of the market can be attributed to the growing demand for cloud-based ITSM solutions and services owing to the increasing adoption of cloud computing among organizations.

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Key Segments Profiled in the Global IT Operations and Services Management Market

IT Operations and Services Management Market by Type :
- IT Operations and Services Management by ITSM
- IT Operations and Services Management by ITOM

IT Operations and Services Management Market by ITOM Type :
- IT Operations and Services Management by Configuration Automation and Discovery
- IT Operations and Services Management by Event Management
- IT Operations and Services Management by Cloud Provisioning
- IT Operations and Services Management by Workload and IT Automation

IT Operations and Services Management Market by Industry Verticals :
- IT Operations and Services Management by BFSI
- IT Operations and Services Management by Telecom and IT
- IT Operations and Services Management by Government
- IT Operations and Services Management by Healthcare/ Medical/ Pharmaceutical
- IT Operations and Services Management by Aerospace/ Defense
- IT Operations and Services Management by Retail/ Wholesale/Distribution
- IT Operations and Services Management by Manufacturing
- IT Operations and Services Management by Education
- IT Operations and Services Management by Hospitality/ Entertainment/ Recreation/ Travel
- IT Operations and Services Management by Energy Utilities
- Others

IT Operations and Services Management Market by Region :
- IT Operations and Services Management in North America
- IT Operations and Services Management in Europe
- IT Operations and Services Management in Asia Pacific
- IT Operations and Services Management in Middle East & Africa
- IT Operations and Services Management in Latin America

Key Question answered in the survey of IT Operations And Services market report:

Sales and Demand of IT Operations And Services

Growth of IT Operations And Services Market

Market Analysis of IT Operations And Services

Market Insights of IT Operations And Services

Key Drivers Impacting the IT Operations And Services market

Which are the Key drivers impacted by IT Operations And Services market

Restraints IT Operations And Services Market Growth

Market Survey of IT Operations And Services

More Valuable Insights on IT Operations And Services Market

Fact.MR, in its new report, offers an unbiased Market Analysis of IT Operations And Services, Sales and Demand of IT Operations And Services, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.Explore Fact.MR's Comprehensive Coverage on Technology Domain:

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Tags: Sales of IT Operations and Services Management, IT Operations and Services Management (ITOSM) Market, IT Operations and Services Management Market, Global IT Operations and Services Management Market