Press release
Increasing Adoption Of Cloud Computing Among Organizations Is Likely To Propel Growth Of The IT Operations And Services Market
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 CorporationOracle CorporationHP Inc.Compuware CorporationServiceNow, 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
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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
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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.
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