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Change Management Software Market Trends

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Report ID: 3656
Published Date: Aug 26, 2024
Report Format: PDF, PPT

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Change Management Software Market Trends

Growth Drivers

Increasing Digitalization of Management Services
Adoption of Automated and Synchronized IT Services

Challenges

Growing Third Party Collaborations
Poor Infrastructure in Low-income Countries

Change Management Software Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	8.8%
Base Year Market Size (2023)	USD 2.15 billion
Forecast Year Market Size (2036)	USD 6.44 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Change Management Software Market Size, Growth Forecast 2036

Author Credits: Abhishek Verma

Report ID: 3656
Published Date: Aug 26, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of change management software is assessed at USD 2.3 billion.

Change Management Software Market size was over USD 2.15 billion in 2023 and is projected to exceed USD 6.44 billion by 2036, witnessing over 8.8% CAGR during the forecast period i.e., between 2024-2036. The growing adoption of automation in management services will boost the market growth.

Asia Pacific industry is set to dominate majority revenue share by 2036, 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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