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The market for cloud ITSM is expected to grow significantly in the future due to the increasing use of multi-cloud and hybrid settings, as well as advancements in automation, analytics, and artificial intelligence. This growth will be driven by a focus on security, edge computing, and user experience, along with the adoption of IoT, 5G, and AI in various industries. The Cloud ITSM Market size is projected to reach USD 17.8 billion by 2029, with a CAGR of 13.5% during the forecast period.