TECH SUPPLIER Feb 2021 - Market Forecast - Doc # US47461721
Worldwide System and Service Management Software Forecast, 2021–2025
By: Tim GrieserResearch Vice President, Enterprise System Management Software, Shannon KalvarResearch Manager , IT Service Management and Client Virtualization, Stephen ElliotProgram Vice President, Management Software and DevOps
This IDC study provides a 2021–2025 forecast for the worldwide system and service management software market.
According to Tim Grieser, research vice president, Enterprise System Management Software at IDC, "The system and service management software market is estimated to have reached a level of $27.4 billion in 2020. IDC expects that positive growth will occur in the future in this market with the market forecast to grow at a five-year 2020-2025 CAGR of 9.3%."
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