target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Forecast - Doc Document number: # EUR152502924
European System and Service Management Software Market Forecast, 2023–2028: Operational Complexities and Rapidly Rising Costs Drive CloudOps Investments
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Abstract
This IDC Market Forecast analyzes the European system and service management software market and illustrates how the SSM software industry will evolve in the next five years. It presents market revenue and growth for different IT segments and details on how enterprises should face new technology changes in the cloud industry. It presents market revenue and growth for different IT segments and provides details on how enterprises should face new technology changes in the cloud industry. For more information about IDC's definitions, please refer to the latest IDC's Worldwide Software Taxonomy, 2024 (IDC #US52000924, April 2024).
"Increasing adoption of hybrid cloud and multicloud and growing complexity are pushing CloudOps demand. European organizations now need CloudOps solutions more than never, and as the market continues to grow, cloud vendors will have huge opportunities in this space to help customers better optimize their business applications, services, and processes," said Filippo Vanara, senior research analyst, European CloudOps, IDC Europe.