Global IT Management as a Service Market

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Mar 24, 2014, 05:00 ET

DUBLIN, March 24, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/vv4r4t/global_it) has announced the addition of the "Global IT Management as a Service Market" report to their offering.

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The analysts forecast the Global IT Management-as-a-Service (ITMaaS) market to grow at a CAGR of 34.29 percent over the period 2012-2016. The increasing number of employees using personal technology devices in the workplace is one of the key factors contributing to this market growth. The Global ITMaaS market has also been witnessing increased popularity of ITMaaS among small and medium-sized enterprises. However, risk associated with multi-tenancy could pose a challenge to the growth of this market.

The report, the Global ITMaaS Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global ITMaaS market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

One of the major reasons for ITMaaS adoption is to reduce the capital and operational costs associated with computing resource provisioning within enterprises. Since cloud services are provided over the cloud infrastructure, there is a considerable reduction in the associated capital and operational expenditure. SMEs have a smaller budget and opt for public cloud services to meet their business requirements. The pay-per-use model makes the solution feasible for SMEs as they pay only for their usage.

ITMaaS providers promptly setup and configure the IT service management system in a SaaS-based environment. They also provide users to have a glance regarding power usage efficiency and data center usage competence. This trend is increasing the popularity of ITMaaS solutions among SMEs.

According to the report, one of the major drivers is the increasing implementation of BYOD policies in organizations. Employees working in various organizations bring their own devices to their workplace and connect them to the company networks. This poses a serious challenge to companies in terms of data security. Therefore, organizations are gearing up to be able to effectively and securely manage these personal devices and secure company information from risks of being lost.

Further, the report states that one of the major challenges is the risk associated with multitenancy. This is a situation where many applications are run on limited hardware infrastructure. This increases cost efficiency in organizations by virtue of managing more number of users by using fewer resources. However, this poses a threat of losing sensitive data if multi-tenancy architecture is not properly designed.

Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
3. Introduction
4. Market Research Methodology
5. Scope of the Report
6. Public Cloud Services Ecosystem
7. Market Environment
8. Market Landscape
9. Market Segmentation
10. End-User Segmentation
11. Geographical Segmentation
12. Key Leading Countries
13. Vendor Landscape
14. Buying Criteria
15. Market Growth Drivers
16. Drivers and their Impact
17. Market Challenges
18. Impact of Drivers and Challenges
19. Market Trends
20. Key Vendor Analysis
21. Other Reports in this Series

Companies Mentioned: