DUBLIN--(BUSINESS WIRE)--The "Problem Management Software - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Problem Management Software Market accounted for $2,382 million in 2019 and is expected to reach $4,248 million by 2027, growing at a CAGR of 7.5% during the forecast period.
The rise in the adoption of problem management software is the major factor in propelling the market growth. However, the high cost of implementation is hampering the market growth.
Problem management software is the key support software, focusing mainly on proactively analyzing needs to notice a recurring pattern and diagnosing the underlying root cause for a problem. Problem management software helps organizations reduce the business impact of service disruptions, and avoid future disruptions. This software also helps IT investigate the root cause of an occurrence through structured problem analysis, and then document solutions and workarounds in the knowledge base.
Based on the application, the healthcare segment is going to have a lucrative growth during the forecast period due to rising adoption of IoT in the healthcare industry and an increasing number of instruments with software applications in the industry are the key factor contributing towards the high growth of the segment in the global problem management software market.
By geography, the Asia-Pacific is going to have a lucrative growth during the forecast period due to a bulky number of the manufacturing base, growing adoption of problem management software in the retail and banking industry. Moreover, the increasing economy of the region is the key factor contributing to the high growth of problem management software market in the Asia-Pacific region.
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global Problem Management Software Market, By Product
5.1 Introduction
5.2 Deployment and Integration
5.3 Managed Services
5.4 Professional Services
6 Global Problem Management Software Market, By Component
6.1 Introduction
6.2 Services
6.3 Software
7 Global Problem Management Software Market, By Deployment Type
7.1 Introduction
7.2 On-premise
7.3 Cloud
8 Global Problem Management Software Market, By Sales Channel
8.1 Introduction
8.2 Manufacturer/Distributor/Service Provider
8.3 Aftermarket
9 Global Problem Management Software Market, By Application
9.1 Introduction
9.2 Third-party Planners
9.3 Retail
9.4 Manufacturing
9.5 IT & Telecommunication
9.6 Healthcare
9.7 Government
9.8 Education
9.9 Corporate
9.10 Banking, Financial Services, and Insurance (BFSI)
10 Global Problem Management Software Market, By Geography
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launches
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Atlassian
12.2 Axios
12.3 BMC Software Inc.
12.4 Cherwell Software
12.5 Freshworks Inc.
12.6 Halo Service Desk
12.7 IBM Corporation
12.8 Ivanti
12.9 ServiceNow
12.10 Soft Expert
12.11 SolarWinds
12.12 Sunrise Software Limited
12.13 Team Quest Corporation
12.14 Zendesk
12.15 Zoho Corporation Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/n8tuv6