Worldwide System and Service Management Software Forecast, 2020-2024: Baseline Forecast with Coronavirus Disruption Scenarios

Worldwide System and Service Management Software Forecast, 2020-2024: Baseline Forecast with Coronavirus Disruption Scenarios

  • March 2020 •
  • 13 pages •
  • Report ID: 5878660 •
  • Format: PDF
This IDC study provides a five-year forecast (2020-2024) for the worldwide system and service management software market."The worldwide system and service management software market achieved a level of $24.6 billion in 2019 according to IDC estimates. Because of the impact of the worldwide coronavirus pandemic, prior forecasts calling for market to grow 10.9% in 2020 are beginning to be reduced to between 9.9% and 8.5% depending on the scenario considered. IDC expects impacts on growth will continue to be felt into 2021." -- Tim Grieser, research vice president, Enterprise System Management Software