Information Technology Service Management Market Size, Share, and Trends 2024 to 2034

The global information technology service management market size is calculated at USD 15.44 billion in 2025 and is forecasted to reach around USD 51.93 billion by 2034, accelerating at a CAGR of 14.43% from 2025 to 2034. The North America market size surpassed USD 5.53 billion in 2024 and is expanding at a CAGR of 14.57% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : March 2025
  • Report Code : 5800
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Information Technology Service Management Market 

5.1. COVID-19 Landscape: Information Technology Service Management Industry Impact

5.2. COVID-19  Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Information Technology Service Management Market, By Component

8.1. Information Technology Service Management Market, by Component

8.1.1. Solution

8.1.1.1. Market Revenue and Forecast

8.1.2. Services

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Information Technology Service Management Market, By Technology

9.1. Information Technology Service Management Market, by Technology

9.1.1. Performance Management

9.1.1.1. Market Revenue and Forecast

9.1.2. Configuration Management

9.1.2.1. Market Revenue and Forecast

9.1.3. Network Management

9.1.3.1. Market Revenue and Forecast

9.1.4. Database Management System

9.1.4.1. Market Revenue and Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Forecast

Chapter 10. Global Information Technology Service Management Market, By Deployment Mode 

10.1. Information Technology Service Management Market, by Deployment Mode

10.1.1. Cloud

10.1.1.1. Market Revenue and Forecast

10.1.2. On-Premises

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Information Technology Service Management Market, By Enterprise Size

11.1. Information Technology Service Management Market, by Enterprise Size

11.1.1. SMEs

11.1.1.1. Market Revenue and Forecast

11.1.2. Large Enterprises

11.1.2.1. Market Revenue and Forecast

Chapter 12. Global Information Technology Service Management Market, By Industry Vertical

12.1. Information Technology Service Management Market, by Industry Vertical

12.1.1. IT & Telecom

12.1.1.1. Market Revenue and Forecast

12.1.2. BFSI

12.1.2.1. Market Revenue and Forecast

12.1.3. Retail & E-commerce

12.1.3.1. Market Revenue and Forecast

12.1.4. Healthcare

12.1.4.1. Market Revenue and Forecast

12.1.5. Energy & Utilities

12.1.5.1. Market Revenue and Forecast

12.1.6. Government

12.1.6.1. Market Revenue and Forecast

12.1.7. Others 

12.1.7.1. Market Revenue and Forecast

Chapter 13. Global Information Technology Service Management Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Component

13.1.2. Market Revenue and Forecast, by Technology

13.1.3. Market Revenue and Forecast, by Deployment Mode

13.1.4. Market Revenue and Forecast, by Enterprise Size

13.1.5. Market Revenue and Forecast, by Industry Vertical

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Component

13.1.6.2. Market Revenue and Forecast, by Technology

13.1.6.3. Market Revenue and Forecast, by Deployment Mode

13.1.6.4. Market Revenue and Forecast, by Enterprise Size

13.1.6.5. Market Revenue and Forecast, by Industry Vertical  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Component

13.1.7.2. Market Revenue and Forecast, by Technology

13.1.7.3. Market Revenue and Forecast, by Deployment Mode

13.1.7.4. Market Revenue and Forecast, by Enterprise Size

13.1.7.5. Market Revenue and Forecast, by Industry Vertical

13.2. Europe

13.2.1. Market Revenue and Forecast, by Component

13.2.2. Market Revenue and Forecast, by Technology

13.2.3. Market Revenue and Forecast, by Deployment Mode

13.2.4. Market Revenue and Forecast, by Enterprise Size  

13.2.5. Market Revenue and Forecast, by Industry Vertical  

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Component

13.2.6.2. Market Revenue and Forecast, by Technology

13.2.6.3. Market Revenue and Forecast, by Deployment Mode

13.2.7. Market Revenue and Forecast, by Enterprise Size  

13.2.8. Market Revenue and Forecast, by Industry Vertical  

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Component

13.2.9.2. Market Revenue and Forecast, by Technology

13.2.9.3. Market Revenue and Forecast, by Deployment Mode

13.2.10. Market Revenue and Forecast, by Enterprise Size

13.2.11. Market Revenue and Forecast, by Industry Vertical

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Component

13.2.12.2. Market Revenue and Forecast, by Technology

13.2.12.3. Market Revenue and Forecast, by Deployment Mode

13.2.12.4. Market Revenue and Forecast, by Enterprise Size

13.2.13. Market Revenue and Forecast, by Industry Vertical

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Component

13.2.14.2. Market Revenue and Forecast, by Technology

13.2.14.3. Market Revenue and Forecast, by Deployment Mode

13.2.14.4. Market Revenue and Forecast, by Enterprise Size

13.2.15. Market Revenue and Forecast, by Industry Vertical

13.3. APAC

13.3.1. Market Revenue and Forecast, by Component

13.3.2. Market Revenue and Forecast, by Technology

13.3.3. Market Revenue and Forecast, by Deployment Mode

13.3.4. Market Revenue and Forecast, by Enterprise Size

13.3.5. Market Revenue and Forecast, by Industry Vertical

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Component

13.3.6.2. Market Revenue and Forecast, by Technology

13.3.6.3. Market Revenue and Forecast, by Deployment Mode

13.3.6.4. Market Revenue and Forecast, by Enterprise Size

13.3.7. Market Revenue and Forecast, by Industry Vertical

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Component

13.3.8.2. Market Revenue and Forecast, by Technology

13.3.8.3. Market Revenue and Forecast, by Deployment Mode

13.3.8.4. Market Revenue and Forecast, by Enterprise Size

13.3.9. Market Revenue and Forecast, by Industry Vertical

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Component

13.3.10.2. Market Revenue and Forecast, by Technology

13.3.10.3. Market Revenue and Forecast, by Deployment Mode

13.3.10.4. Market Revenue and Forecast, by Enterprise Size

13.3.10.5. Market Revenue and Forecast, by Industry Vertical

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Component

13.3.11.2. Market Revenue and Forecast, by Technology

13.3.11.3. Market Revenue and Forecast, by Deployment Mode

13.3.11.4. Market Revenue and Forecast, by Enterprise Size

13.3.11.5. Market Revenue and Forecast, by Industry Vertical

13.4. MEA

13.4.1. Market Revenue and Forecast, by Component

13.4.2. Market Revenue and Forecast, by Technology

13.4.3. Market Revenue and Forecast, by Deployment Mode

13.4.4. Market Revenue and Forecast, by Enterprise Size

13.4.5. Market Revenue and Forecast, by Industry Vertical

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Component

13.4.6.2. Market Revenue and Forecast, by Technology

13.4.6.3. Market Revenue and Forecast, by Deployment Mode

13.4.6.4. Market Revenue and Forecast, by Enterprise Size

13.4.7. Market Revenue and Forecast, by Industry Vertical

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Component

13.4.8.2. Market Revenue and Forecast, by Technology

13.4.8.3. Market Revenue and Forecast, by Deployment Mode

13.4.8.4. Market Revenue and Forecast, by Enterprise Size

13.4.9. Market Revenue and Forecast, by Industry Vertical

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Component

13.4.10.2. Market Revenue and Forecast, by Technology

13.4.10.3. Market Revenue and Forecast, by Deployment Mode

13.4.10.4. Market Revenue and Forecast, by Enterprise Size

13.4.10.5. Market Revenue and Forecast, by Industry Vertical

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Component

13.4.11.2. Market Revenue and Forecast, by Technology

13.4.11.3. Market Revenue and Forecast, by Deployment Mode

13.4.11.4. Market Revenue and Forecast, by Enterprise Size

13.4.11.5. Market Revenue and Forecast, by Industry Vertical

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Component

13.5.2. Market Revenue and Forecast, by Technology

13.5.3. Market Revenue and Forecast, by Deployment Mode

13.5.4. Market Revenue and Forecast, by Enterprise Size

13.5.5. Market Revenue and Forecast, by Industry Vertical

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Component

13.5.6.2. Market Revenue and Forecast, by Technology

13.5.6.3. Market Revenue and Forecast, by Deployment Mode

13.5.6.4. Market Revenue and Forecast, by Enterprise Size

13.5.7. Market Revenue and Forecast, by Industry Vertical

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Component

13.5.8.2. Market Revenue and Forecast, by Technology

13.5.8.3. Market Revenue and Forecast, by Deployment Mode

13.5.8.4. Market Revenue and Forecast, by Enterprise Size

13.5.8.5. Market Revenue and Forecast, by Industry Vertical

Chapter 14. Company Profiles

14.1. Atlassian

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. BMC Software, Inc.

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Broadcom

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Cloud Software Group, Inc

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Freshworks Inc.

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Hewlett Packard Enterprise Development LP

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. IBM Corporation

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Ivanti.

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Open Text

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. ServiceNow.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global information technology service management market size is expected to grow from USD 13.49 billion in 2024 to USD 51.93 billion by 2034.

The information technology service management market is anticipated to grow at a CAGR of 14.43% between 2025 and 2034.

The major players operating in the information technology service management market are Atlassian, BMC Software, Inc., Broadcom, Cloud Software Group, Inc, Freshworks Inc., Hewlett Packard Enterprise Development LP IBM Corporation, Ivanti., Open Text, ServiceNow., and Others.

The driving factors of the information technology service management market are the rapid shift toward cloud computing, the demand for ITSM solutions is increasing to improve IT infrastructure for managing complex tasks, boosting the growth of the information technology service management market.

North America region will lead the global information technology service management market during the forecast period 2025 to 2034.

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