March 1, 2022
Clearsight’s ServiceNow Market Overview 2021
2021 was a record year for M&A deals in the ServiceNow ecosystem. ServiceNow transactions jumped ~50% in two years, from 11 in 2019 to 21 in 2021. This market consolidation in the space was driven by strong industry tailwinds related to the digitization of enterprise and related IT and HR processes. Read more on ServiceNow’s role in the growing Platform-as-a-Service (PaaS) market in our infographic below.
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Managing Director, Clearsight Advisors
Vice President, Clearsight Advisors