ITACM & ITOM Market Development Strategy Market Report 2025: Expanding Your Reach and Impact

The global market for ITACM & ITOM was estimated to be worth US$ 27630 million in 2024 and is forecast to a readjusted size of US$ 53020 million by 2031 with a CAGR of 9.9% during the forecast period 2025-2031. The main global ITACM&ITOM players include Splunk, SolarWinds, IBM, Microsoft, Cisco, etc. The top five ITACM&ITOM players account for approximately 22% of the total market. North America is the largest consumer market for ITACM&ITOM, accounting for about 61%, followed by Europe and Asia-Pacific. In terms of type, Observability is the largest segment, with a share over 29%. And in terms of application, the largest application is SMEs, followed by Large Enterprises.