Servicenow Store Apps Market is predicted to reach USD 82.4 billion at a CAGR of 33.30% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Servicenow Store Apps Market”.

The servicenow store apps market is estimated to register a CAGR of 33.30% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global servicenow store apps market— International Business Machines Corporation, Okta, Inc., PagerDuty, teamviewer, Dynatrace LLC, xMatters, Inc., SAILPOINT TECHNOLOGIES INC., Talkdesk, Inc., Cisco Systems Inc., and Microsoft Corporation

Servicenow Store Apps Market Highlights

The global servicenow store apps market is accounted to register a CAGR of 33.30% during the forecast period and is estimated to reach USD 82.4 Billion by 2032.

The ecosystem of apps created for the servicenow platform is the center of the servicenow store apps market. By offering specialized solutions for diverse corporate needs including IT service management, human resources, and customer support, these apps expand the capability of the platform. Businesses using servicenow's cloud-based service management software to improve efficiency and reduce procedures are driving the market.

Segment Analysis

The global servicenow store apps market has been segmented into type and enterprise size.

On the basis of type, the market is segmented into cloud-based and web-based. Cloud-based segment accounted for the largest revenue share in 2022. This is because they enable users to connect to software applications that are using shared computer resources over the internet.

Based on enterprise size, the global servicenow store apps market has been segmented into small and medium enterprises (SMEs) and large enterprises. Large enterprises segment dominated the global servicenow store apps market in 2022. The SERVICENOW platform is increasingly being used by multinational organizations in established and developing countries for IT business management, IT operations management, IT service management, and IT security and risk management, which propels market expansion.

Regional Analysis

The global servicenow store apps market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe servicenow store apps market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The servicenow store apps market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World servicenow store apps market comprises of Middle East, Africa, and Latin America.

The North America servicenow store apps market dominated this market in 2022 (45.80%). Due to enterprises' increasing usage of servicenow store apps for building and developing enterprise service catalogs and evolving the IT service paradigm to service domains both inside and outside the corporation, the United States is the region's primary market. The market in North America is also predicted to expand because to the availability of credible suppliers of servicenow store apps.

Moreover, the Europe market has been persistently growing over the forecast period. Europe servicenow store apps market accounted for the healthy market share in 2022. This could be explained by how businesses are increasingly using apps from the servicenow store to build corporate service catalogs and advance the IT service model.

Additionally, the Asia Pacific servicenow store apps market is expected to register significant growth from 2023 to 2032. This is due to the rising investment in the creation of cloud infrastructure and the incorporation of cutting-edge technologies like AI and ML.

Furthermore, the rest of the world's servicenow store apps market is divided into the Middle East, Africa, and Latin America. The Latin American servicenow store apps market is experiencing notable growth as businesses adopt cloud-based service management solutions. Enterprises seek customized applications on the servicenow platform to optimize IT, HR, and customer service processes. Despite the growing popularity, challenges such as data security concerns and limited awareness remain to be addressed.

Key Findings of the Study

• The global servicenow store apps market is expected to reach USD 82.4 Billion by 2032, at a CAGR of 33.30% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the rising investment in the creation of cloud infrastructure and the incorporation of cutting-edge technologies like AI and ML.


• Based on enterprise size, the large enterprises segment was attributed to holding the largest market in 2022.


• International Business Machines Corporation, Okta, Inc., PagerDuty, teamviewer, Dynatrace LLC, xMatters, Inc., SAILPOINT TECHNOLOGIES INC., Talkdesk, Inc., Cisco Systems Inc., and Microsoft Corporation