Summary
The global Problem Management Solution Software Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Problem management solution has become increasingly popular in the past few years, with more businesses finding themselves dealing with ever-increasing numbers of problems and solutions. The main benefit to this type of software is its ability to allow a business to operate more effectively by automating much of the process that traditionally goes into keeping everything running smoothly. Some key elements of problem management software include ease of use; and the number of users that the software can support.
The increasing need to reduce the problematic incidents produced in the organization is driving the growth of the problem management solutions market. The growing adoption of a cloud-based solution is again fostering the growth of the market. According to the report published by CloudStandards, by 2022, 90% of companies in the market will be using cloud services, generating a total value of $278.3 billion, with the fastest-growing segment being Infrastructure as a Service (IaaS). Growing penetration of the internet around the globe coupled with the rising popularity of problem management solutions is further projected to foster the growth of the market.
North America is projected to gain significant growth over the forecast period and this is attributed to the strong presence of the IT industry in the region. According to CompTIA, Inc., the United States is the largest tech market in the world, representing 33% of the total, or around $1.6 trillion for 2021. The economic impact of the U.S. tech sector, measured as a percentage of gross domestic product, exceeds that of most other industries, including notable sectors such as retail, construction, and transportation.
Key Developments:
- In February 2021, OneStream Software, a provider of corporate performance management (CPM) solutions for mid-sized to very large enterprises, and PwC UK announced they have entered into a strategic alliance for the UK market
- In August 2019, Kepner-Tregoe (KT) has offered its new and updated ServiceNow Advanced Problem Management (RCA) App for the Now platform Madrid release.
- In June 2018, plunk has struck a deal to acquire VictorOps, a developer of DevOps incident management tools, in a move to expand Splunk's product lineup for software developers.
- In January 2021, Tandem has announced the launch of Tandem Incident Management, a new software product for creating an incident response plan and tracking incidents as they occur. The software helps companies be proactive in their cyber resilience strategy.
The Problem Management Solution Software Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Problem Management Solution Software Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Atlassian
- Axios
- BMC Software Inc.
- Cherwell Software
- Freshworks Inc.
- IBM Corporation
- Ivanti
- ServiceNow
- Soft Expert
- SolarWinds
- Team Quest Corporation
- Zendesk
By the Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Banking, Financial Services, and Insurance (BFSI)
- IT & Telecommunication
- Retail
- Healthcare
- Manufacturing
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Problem Management Solution Software Market Report:
- To assess the size of the market by value and volume
- Analyze the Problem Management Solution Software Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Problem Management Solution Software Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Problem Management Solution Software Market
The Problem Management Solution Software Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Problem Management Solution Software Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Problem Management Software Solution Market Size Growth Rate by Type (2014-2025)
1.4.2 On-premise
1.4.3 Cloud
1.5 Market by Application
1.5.1 Global Problem Management Software Solution Market Share by Application (2019-2025)
1.5.2 Banking, Financial Services, and Insurance (BFSI)
1.5.3 IT & Telecommunication
1.5.4 Retail
1.5.5 Healthcare
1.5.6 Manufacturing
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Problem Management Software Solution Market Size
2.2 Problem Management Software Solution Growth Trends by Regions
2.2.1 Problem Management Software Solution Market Size by Regions (2019-2025)
2.2.2 Problem Management Software Solution Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
3 Market Share by Key Players
3.1 Problem Management Software Solution Market Size by by Players
3.1.1 Global Problem Management Software Solution Revenue by by Players (2014-2019)
3.1.2 Global Problem Management Software Solution Revenue Market Share by by Players (2014-2019)
3.1.3 Global Problem Management Software Solution Market Concentration Ratio (CR5 and HHI)
3.2 Problem Management Software Solution Key Players Head office and Area Served
3.3 Key Players Problem Management Software Solution Product/Solution/Service
3.4 Date of Enter into Problem Management Software Solution Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Problem Management Software Solution Market Size by Type (2014-2019)
4.2 Global Problem Management Software Solution Market Size by Application (2014-2019)
5 North America
5.1 North America Problem Management Software Solution Market Size (2014-2019)
5.2 Problem Management Software Solution Key Players in North America
5.3 North America Problem Management Software Solution Market Size by Type
5.4 North America Problem Management Software Solution Market Size by Application
6 Europe
6.1 Europe Problem Management Software Solution Market Size (2014-2019)
6.2 Problem Management Software Solution Key Players in Europe
6.3 Europe Problem Management Software Solution Market Size by Type
6.4 Europe Problem Management Software Solution Market Size by Application
7 China
7.1 China Problem Management Software Solution Market Size (2014-2019)
7.2 Problem Management Software Solution Key Players in China
7.3 China Problem Management Software Solution Market Size by Type
7.4 China Problem Management Software Solution Market Size by Application
8 Japan
8.1 Japan Problem Management Software Solution Market Size (2014-2019)
8.2 Problem Management Software Solution Key Players in Japan
8.3 Japan Problem Management Software Solution Market Size by Type
8.4 Japan Problem Management Software Solution Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Problem Management Software Solution Market Size (2014-2019)
9.2 Problem Management Software Solution Key Players in Southeast Asia
9.3 Southeast Asia Problem Management Software Solution Market Size by Type
9.4 Southeast Asia Problem Management Software Solution Market Size by Application
10 India
10.1 India Problem Management Software Solution Market Size (2014-2019)
10.2 Problem Management Software Solution Key Players in India
10.3 India Problem Management Software Solution Market Size by Type
10.4 India Problem Management Software Solution Market Size by Application
11 Central & South America
11.1 Central & South America Problem Management Software Solution Market Size (2014-2019)
11.2 Problem Management Software Solution Key Players in Central & South America
11.3 Central & South America Problem Management Software Solution Market Size by Type
11.4 Central & South America Problem Management Software Solution Market Size by Application
12 International Players Profiles
12.1 Atlassian
12.1.1 Atlassian Company Details
12.1.2 Company Description and Business Overview
12.1.3 Problem Management Software Solution Introduction
12.1.4 Atlassian Revenue in Problem Management Software Solution Business (2014-2019))
12.1.5 Atlassian Recent Development
12.2 Axios
12.2.1 Axios Company Details
12.2.2 Company Description and Business Overview
12.2.3 Problem Management Software Solution Introduction
12.2.4 Axios Revenue in Problem Management Software Solution Business (2014-2019)
12.2.5 Axios Recent Development
12.3 BMC Software Inc.
12.3.1 BMC Software Inc. Company Details
12.3.2 Company Description and Business Overview
12.3.3 Problem Management Software Solution Introduction
12.3.4 BMC Software Inc. Revenue in Problem Management Software Solution Business (2014-2019)
12.3.5 BMC Software Inc. Recent Development
12.4 Cherwell Software
12.4.1 Cherwell Software Company Details
12.4.2 Company Description and Business Overview
12.4.3 Problem Management Software Solution Introduction
12.4.4 Cherwell Software Revenue in Problem Management Software Solution Business (2014-2019)
12.4.5 Cherwell Software Recent Development
12.5 Freshworks Inc.
12.5.1 Freshworks Inc. Company Details
12.5.2 Company Description and Business Overview
12.5.3 Problem Management Software Solution Introduction
12.5.4 Freshworks Inc. Revenue in Problem Management Software Solution Business (2014-2019)
12.5.5 Freshworks Inc. Recent Development
12.6 IBM Corporation
12.6.1 IBM Corporation Company Details
12.6.2 Company Description and Business Overview
12.6.3 Problem Management Software Solution Introduction
12.6.4 IBM Corporation Revenue in Problem Management Software Solution Business (2014-2019)
12.6.5 IBM Corporation Recent Development
12.7 Ivanti
12.7.1 Ivanti Company Details
12.7.2 Company Description and Business Overview
12.7.3 Problem Management Software Solution Introduction
12.7.4 Ivanti Revenue in Problem Management Software Solution Business (2014-2019)
12.7.5 Ivanti Recent Development
12.8 ServiceNow
12.8.1 ServiceNow Company Details
12.8.2 Company Description and Business Overview
12.8.3 Problem Management Software Solution Introduction
12.8.4 ServiceNow Revenue in Problem Management Software Solution Business (2014-2019)
12.8.5 ServiceNow Recent Development
12.9 Soft Expert
12.9.1 Soft Expert Company Details
12.9.2 Company Description and Business Overview
12.9.3 Problem Management Software Solution Introduction
12.9.4 Soft Expert Revenue in Problem Management Software Solution Business (2014-2019)
12.9.5 Soft Expert Recent Development
12.10 SolarWinds
12.10.1 SolarWinds Company Details
12.10.2 Company Description and Business Overview
12.10.3 Problem Management Software Solution Introduction
12.10.4 SolarWinds Revenue in Problem Management Software Solution Business (2014-2019)
12.10.5 SolarWinds Recent Development
12.11 Team Quest Corporation
12.12 Zendesk
13 Market Forecast 2019-2025
13.1 Market Size Forecast by Product (2019-2025)
13.2 Market Size Forecast by Application (2019-2025)
13.3 Market Size Forecast by Regions
13.4 North America
13.5 Europe
13.6 China
13.7 Japan
13.8 Southeast Asia
13.9 India
13.10 Central & South America
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
List of Table
List of Tables and Figures
Table Problem Management Software Solution Key Market Segments
Table Key Players Problem Management Software Solution Covered
Table Global Problem Management Software Solution Market Size Growth Rate by Type 2018-2025 (Million US$)
Figuer On-premise Figures
Table Key Players of On-premise
Figuer Cloud Figures
Table Key Players of Cloud
Table Global Problem Management Software Solution Market Size Growth by Application 2019-2025 (Million US$)
Figure Global Problem Management Software Solution Market Share by Application in 2018 & 2025
Figure Banking, Financial Services, and Insurance (BFSI) Case Studies
Figure IT & Telecommunication Case Studies
Figure Retail Case Studies
Figure Healthcare Case Studies
Figure Manufacturing Case Studies
Figure Problem Management Software Solution Report Years Considered
Figure Global Problem Management Software Solution Market Size and Growth Rate 2014-2025 (Million US$)
Table Global Problem Management Software Solution Market Size by Regions 2019-2025 (Million US$)
Table Global Problem Management Software Solution Market Size by Regions 2019-2025 (Million US$)
Table Global Problem Management Software Solution Market Share by Regions 2014-2019
Figure Global Problem Management Software Solution Market Share by Regions 2014-2019
Figure Global Problem Management Software Solution Market Share by Regions in 2018
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure PORTER'S FIVE FORCES ANALYSIS
Table Global Problem Management Software Solution Revenue by by Players (2014-2019) (Million US$)
Table Global Problem Management Software Solution Market Share by by Players (2014-2019)
Figure Global Problem Management Software Solution Market Share by by Players in 2018
Table Global Problem Management Software Solution by Players Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Problem Management Software Solution Product/Solution/Service
Table Date of Enter into Problem Management Software Solution Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Problem Management Software Solution Market Size by Type (2014-2019) (Million US$)
Table Global Problem Management Software Solution Market Size Share by Type (2014-2019)
Figure Global Problem Management Software Solution Market Size Market Share by Type (2014-2019)
Table Global Problem Management Software Solution Market Size by Application (2014-2019) (Million US$)
Table Global Problem Management Software Solution Market Size Share by Application (2014-2019)
Figure Global Problem Management Software Solution Market Size Market Share by Application (2014-2019)
Figure Global Problem Management Software Solution Revenue Market Share by Application in 2018
Figure North America Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table North America Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table North America Key Players Problem Management Software Solution Market Share (2018-2019)
Table North America Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table North America Problem Management Software Solution Market Share by Type 2014-2019
Table North America Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table North America Problem Management Software Solution Market Share by Application 2014-2019
Figure Europe Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table Europe Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table Europe Key Players Problem Management Software Solution Market Share (2018-2019)
Table Europe Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table Europe Problem Management Software Solution Market Share by Type 2014-2019
Table Europe Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table Europe Problem Management Software Solution Market Share by Application 2014-2019
Figure China Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table China Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table China Key Players Problem Management Software Solution Market Share (2018-2019)
Table China Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table China Problem Management Software Solution Market Share by Type 2014-2019
Table China Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table China Problem Management Software Solution Market Share by Application 2014-2019
Figure Japan Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table Japan Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table Japan Key Players Problem Management Software Solution Market Share (2018-2019)
Table Japan Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table Japan Problem Management Software Solution Market Share by Type 2014-2019
Table Japan Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table Japan Problem Management Software Solution Market Share by Application 2014-2019
Figure Southeast Asia Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table Southeast Asia Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table Southeast Asia Key Players Problem Management Software Solution Market Share (2018-2019)
Table Southeast Asia Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table Southeast Asia Problem Management Software Solution Market Share by Type 2014-2019
Table Southeast Asia Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table Southeast Asia Problem Management Software Solution Market Share by Application 2014-2019
Figure India Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table India Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table India Key Players Problem Management Software Solution Market Share (2018-2019)
Table India Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table India Problem Management Software Solution Market Share by Type 2014-2019
Table India Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table India Problem Management Software Solution Market Share by Application 2014-2019
Figure Central & South America Problem Management Software Solution Market Size 2014-2019 (Million US$)
Table Central & South America Key Players Problem Management Software Solution Revenue (2018-2019) (Million US$)
Table Central & South America Key Players Problem Management Software Solution Market Share (2018-2019)
Table Central & South America Problem Management Software Solution Market Size by Type 2014-2019 (Million US$)
Table Central & South America Problem Management Software Solution Market Share by Type 2014-2019
Table Central & South America Problem Management Software Solution Market Size by Application 2014-2019 (Million US$)
Table Central & South America Problem Management Software Solution Market Share by Application 2014-2019
Table Atlassian Company Details
Table Atlassian Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure Atlassian Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table Atlassian Recent Development
Table Axios Company Details
Table Axios Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure Axios Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table Axios Recent Development
Table BMC Software Inc. Company Details
Table BMC Software Inc. Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure BMC Software Inc. Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table BMC Software Inc. Recent Development
Table Cherwell Software Company Details
Table Cherwell Software Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure Cherwell Software Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table Cherwell Software Recent Development
Table Freshworks Inc. Company Details
Table Freshworks Inc. Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure Freshworks Inc. Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table Freshworks Inc. Recent Development
Table IBM Corporation Company Details
Table IBM Corporation Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure IBM Corporation Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table IBM Corporation Recent Development
Table Ivanti Company Details
Table Ivanti Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure Ivanti Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table Ivanti Recent Development
Table ServiceNow Company Details
Table ServiceNow Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure ServiceNow Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table ServiceNow Recent Development
Table Soft Expert Company Details
Table Soft Expert Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure Soft Expert Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table Soft Expert Recent Development
Table SolarWinds Company Details
Table SolarWinds Revenue in Problem Management Software Solution Business 2014-2019 (Million US$)
Figure SolarWinds Revenue Growth Rate in Problem Management Software Solution Business (2014-2019)
Table SolarWinds Recent Development
Table Team Quest Corporation Company Details
Table Zendesk Company Details
Table Global Problem Management Software Solution Market Size by Regions (Million US$) 2019-2025
Figure Global Problem Management Software Solution Market Size Share by Regions (2019-2025)
Figure Global Problem Management Software Solution Market Size Share by Regions in 2025
Figure North America Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Figure Europe Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Figure China Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Figure Japan Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Figure Southeast Asia Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Figure India Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Figure Central & South America Problem Management Software Solution Market Size Forecast (2019-2025)(Million USD)
Table Global Problem Management Software Solution Market Size by Product (2019-2025) (Million US$)
Figure Global Problem Management Software Solution Market Size by Product (2019-2025)
Figure Global Problem Management Software Solution Market Size by Product in 2025
Table Global Problem Management Software Solution Market Size by Application (2019-2025) (Million US$)
Figure Global Problem Management Software Solution Market Size by Application (2019-2025)
Figure Global Problem Management Software Solution Market Size by Application in 2025
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
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