Change Management Software Market Size

  • Report ID: 3656
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Change Management Software Market Size

Change Management Software Market size was valued at USD 2.34 billion in 2024 and is set to exceed USD 7 billion by 2037, registering over 8.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of change management software is evaluated at USD 2.52 billion.

The growth of the market can be attributed to the growing digitalization of the IT sector, along with automation of management services. Additional factors, such as, work from home situation, and need for remote management are estimated to raise the demand for change management software. The dependency on automated digital medium, and AI is raising amongst every sector, such as, finance, IT, healthcare, education, and others, for various applications. Growing penetration of AI in IT and Telecom sector is forecasted to positively influence the market growth. According to a report by the World Economic Forum, AI is expected to result in a surge of an estimated USD 15.7 trillion, or 26% increase, in the global GDP, by 2030. Management software provide higher accuracy, reduce system downtime, and improve efficiency, which is another major driver estimated to fuel the market growth. The growing adoption of management software, such as, enterprise resource management, among others, is further anticipated to boost the market growth.


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Author Credits:  Abhishek Verma


  • Report ID: 3656
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of change management software is evaluated at USD 2.52 billion.

Change Management Software Market size was valued at USD 2.34 billion in 2024 and is set to exceed USD 7 billion by 2037, registering over 8.8% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is expected to account for largest revenue share by 2037, ascribed to growing implementation of automation, AI, cloud technology, and other advanced technologies in the IT sector in the region.

The major players in the market are ServiceNow, BMC Software, Inc., Kinvey, Inc., SUSE Group, Microsoft Corporation, Red Hat, Inc., SysAid Technologies Ltd., and others.
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