Worldwide IT Operations Management Software Forecast, 2023–2027
This IDC study provides the market size and forecast for the ITOM software market for the years 2022 through 2027, including cuts by geographic region as well as deployment model. It also provides commentary on drivers and inhibitors to market growth. "Organizations continue to transform into digital businesses, and part of that process requires growing and modernizing the approach to ITOM," said Nancy Gohring, research director, Enterprise System Management, Observability, and AIOps at IDC. "This movement will continue to drive the ITOM market, with a 2022–2027 CAGR of 10.3% and projected revenue of $28.4 billion in 2027."
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Cloud-Native Technology Adoption
Platforms/Centralization Push
Inhibitors
Resistance to Change
Technical Skills Gap
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates