Albany, NY -- (SBWire) -- 07/14/2017 --ITaaS is a framework that helps enterprises manage IT infrastructures without depending on the central IT department. Business units in organizations can select IT services to support digital transformation with an optimum level of flexibility and scalability. ITaaS is emerging in the global IT service market to tackle several of these issues, relieving the leadership of justifying IT investments over the bottom line. However, since the ITaaS model adoption invites a complete change in the IT service accessibility structure, it requires the leadership and executives across the line of business (LOB) to champion the change. This becomes a necessity for making the best use of the cloud technology adoption and multiple cloud services that many of the late adopters are also embracing at a rapid rate every day.

The global IT as a service market to grow at a CAGR of 22.6% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global IT as a service market for 2017-2021. To calculate the market size, the report considers the cloud-based services implemented for ITaaS.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global IT As A Service Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BMC Software
- HPE
- IBM
- Red Hat
- VMware

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Other prominent vendors
- Accenture
- Adaptive Computing
- CA Technologies
- Cisco Systems
- Citrix Systems
- CloudBolt Software
- Convirture
- CSC
- Dell EMC
- Egenera
- Embotics
- GigaSpaces Technologies
- Micro Focus
- Oracle
- RightScale
- Scalr
- ServiceNow
- Splunk
- Zimory

Market driver
- Increased need to support a virtualized IT ecosystem
- For a full, detailed list, view our report

Market challenge
- Lack of quality standards in service level agreements (SLAs)
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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