TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

IT Service Management Market to Reach USD 47.88 Billion by 2032, Owing to Rising Digital Transformation and Cloud Adoption | Report by SNS Insider

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Sns Insider
IT Service Management Market to Reach USD 47.88 Billion by 2032, Owing to Rising Digital Transformation and Cloud Adoption | Report by SNS Insider

The global IT Service Management Market is projected to grow from USD 14.77 billion in 2025 to USD 47.88 billion by 2032, driven by digital transformation, cloud adoption, and AI-driven service delivery, with a CAGR of 15.94%.

Insights
MSFT   positive

Actively investing in AI infrastructure, signed multiple large cloud services contracts with neocloud providers


NOW   positive

Mentioned as a key player in a rapidly expanding market with strong growth projections