Global Cloud-based ITSM Market 2015-2019 illuminated by New Research Report Business

Global Cloud-based ITSM Market 2015-2019 illuminated by New Research Report

BY Nikkhil 19 • May 04, 2016
Nikkhil 19

Nikkhil 19

  • 1235 Articles
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  • Joined February 25, 2016

MarketResearchReports.Biz announces addition of new report “ Global Cloud-based ITSM Market 2015-2019” to its database.

 

Description

 

Market outlook of the cloud-based ITSM market

 

Technavios 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.

 

Technavio 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

 

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.

 

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/489739

 

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.

 

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