IT Service Management (ITSM) Market Size Is Anticipated To Reach USD 29,927.0 Million By 2030
The global information technology service management (itsm) market size was estimated at USD 13,456.7 million in 2024 and is projected to reach USD 29,927.0 million by 2030, growing at a CAGR of 14.4% from 2025 to 2030. The global IT Service Management (ITSM) market is experiencing rapid growth as organizations increasingly rely on digital technologies to manage complex IT infrastructures. ITSM solutions help businesses design, deliver, manage, and improve IT services efficiently, ensuring alignment with business objectives. With rising cloud adoption, remote work models, and digital transformation initiatives, ITSM has become a strategic priority across industries. IT Service Management Market Overview IT Service Management refers to a set of processes, policies, and tools used by organizations to manage the full lifecycle of IT services. ITSM solutions typically include incident management, problem management, change management, asset management, and service desk operations. Th...