Press release
Seamless Efficiency and Innovation: Emerging Trends in IT Operations Management to Shape the Next Decade | ServiceNow, Trianz, Micro Focus, Happiest Minds
At a CAGR of 8.2%, it is anticipated that the worldwide IT operations management (ITOM) market would increase from USD 170.7 billion in 2023 to USD 274.7 billion in 2030 . The need for ITOM solutions from businesses of all sizes to increase the efficacy and efficiency of their IT operations is what is fueling the expansion of this market. The IT Operations Management (ITOM) market, which includes the strategies, procedures, and tools used to oversee and improve an organization's IT infrastructure's everyday operations, is an essential subsegment of the information technology sector.
As businesses rely more heavily on technology to run their operations, the complexity of IT infrastructures has grown, leading to the emergence of the IT Operations Management market . The development of ITOM solutions and techniques was prompted by the requirement for effective administration and control of IT resources. The ITOM market expanded quickly over time as organizations increased their reliance on IT systems and technology. The market's growth was also aided by the development of industry standards, best practices, and specialist ITOM platforms and software.
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Some of the IT Operations Management Top companies influencing this Market include: ServiceNow, Trianz, Micro Focus, Happiest Minds, BMC Software, NIIT Technologies, BruckEdwards, Al Maliky, IBM, Broadcom, Pink Elephant, Linium, Cask, OpsRamp, Splunk, PwC, NTT Communications, Melillo, Qatar Computer Services, ArnettGroup and others.
AIOps, which uses machine learning and analytics to improve real-time monitoring, anomaly detection, and incident response, is quickly becoming a crucial component of IT operations. ITOM solutions provide unified administration and monitoring across on-premises and cloud-based resources by adapting to hybrid and multi-cloud settings. To simplify repetitive operations, lessen manual involvement, and maximize resource usage, ITOM technologies are increasingly embracing automation and orchestration features.
Collaboration between the development and operations teams is encouraged through integration with DevOps principles, which also improves agility and speeds up product delivery. These recent advances highlight the importance of the IT Operations Management market in guaranteeing safe and efficient IT operations, helping businesses traverse complicated technical environments, and providing dependable digital experiences.
Market Segmentation: By Type
Service Mapping
Event Management
Cloud Management
Market Segmentation: By Application
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
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Regional Analysis
The Middle East & Africa (MEA), Asia Pacific (APAC), Europe, North America, and Latin America are studied for the IT Operations Management market in the years to come. APAC market can hold global foothold in the near future as it is expected to have several growth scopes. North America can hold decent share of the worldwide market. The presence of several manufacturing hub for products can attract several growth opportunities. As global leaders are observed to perform well and rapid urbanization can favor expansion of the market in near future. Europe market can rise due to increase in the number of high brands. The rise in popularity of different type of products and drive the market rise in the region. The rise in demand for IT Operations Management in ever-growing sector to promote North America market through the solution period.
Major Takeaways from the report:
1. Accurate market size and forecast information to help you understand the key market opportunity.
2. Comprehensive analysis of dominant and pure-play competitors.
3. Market forecasting for IT Operations Management in both developed and developing countries.
4. A thorough market study concentrating on the market's current state of development.
5. Factors impacting the market's growth
6. Major insights into key industry segments
7. Recent market trend analysis impacting client purchasing behavior.
Table of Contents
Global IT Operations Management Market Research Report 2023- 2030
Chapter 1 IT Operations Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global IT Operations Management Market Forecast
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