Global IT Inventory Management Software Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global IT Inventory Management Software Market 2024 by Company, Regions, Type and Application, Forecast to 2030

IT inventory management software refers to a specialized digital solution designed to track, monitor, and manage all aspects of an organization's IT assets and inventory. These assets may include hardware devices such as computers, laptops, servers, networking equipment, and peripherals, as well as software licenses, applications, and digital resources. IT inventory management software provides comprehensive visibility into the entire IT infrastructure, allowing IT administrators and asset managers to accurately record asset details, track their location and usage, monitor maintenance schedules, and optimize resource allocation. Additionally, this software often includes features for asset discovery, inventory auditing, asset lifecycle management, procurement management, license compliance tracking, and reporting and analytics. By centralizing IT asset data and automating manual processes, IT inventory management software helps organizations improve asset utilization, minimize costs, mitigate risks, and ensure compliance with regulatory requirements such as software licensing agreements. Overall, IT inventory management software plays a critical role in enhancing IT governance, streamlining operations, and maximizing the value of IT investments for businesses of all sizes and industries.

According to our (Global Info Research) latest study, the global IT Inventory Management Software market size was valued at US$ 1467 million in 2023 and is forecast to a readjusted size of USD 2228 million by 2030 with a CAGR of 5.5% during review period.

The IT inventory management software market is currently witnessing significant growth, driven by the increasing complexity of IT infrastructures, the proliferation of digital assets, and the growing need for efficient asset tracking and management solutions. As organizations continue to embrace digital transformation and adopt cloud-based services, the demand for IT inventory management software has surged, fueled by the need to gain visibility and control over diverse IT assets across on-premises, cloud, and hybrid environments. Moreover, the shift towards remote work and decentralized IT operations, accelerated by the COVID-19 pandemic, has further underscored the importance of robust inventory management tools to ensure the availability, security, and compliance of IT assets. Looking ahead, future development trends in the IT inventory management software market are expected to focus on innovation, automation, and integration. This includes the adoption of advanced technologies such as artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT) to enable predictive analytics, automate asset discovery and classification, and optimize inventory workflows. Additionally, there is a growing emphasis on enhancing the user experience through intuitive interfaces, mobile accessibility, and self-service portals to empower IT administrators and end-users to efficiently manage and track their assets. Furthermore, as sustainability and environmental concerns gain prominence, there is a rising demand for IT inventory management software that supports green IT initiatives by facilitating energy-efficient asset utilization, reducing electronic waste, and promoting responsible disposal practices. Overall, the IT inventory management software market is poised for continued growth and innovation as organizations seek to optimize their IT asset management practices and adapt to the evolving digital landscape.

This report is a detailed and comprehensive analysis for global IT Inventory Management Software market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global IT Inventory Management Software market size and forecasts, in consumption value ($ Million), 2019-2030

Global IT Inventory Management Software market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global IT Inventory Management Software market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global IT Inventory Management Software market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for IT Inventory Management Software

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global IT Inventory Management Software market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SolarWinds, ManageEngine, Atera, JIRA(Atlassian), Spiceworks, Pulseway, Asset Panda, Freshservice, NetSuite, IT Glue, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

IT Inventory Management Software market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

IT Inventory Management Software market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
On-premise
Cloud-based

Market segment by Application
Enterprise
Financial
Government
Healthcare
Others

Market segment by players, this report covers
SolarWinds
ManageEngine
Atera
JIRA(Atlassian)
Spiceworks
Pulseway
Asset Panda
Freshservice
NetSuite
IT Glue
InvGate
ServiceNow
BMC
Snipe-IT
SysAid
Itarian
Sematext
BOSS Solutions
Oracle

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe IT Inventory Management Software product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of IT Inventory Management Software, with revenue, gross margin, and global market share of IT Inventory Management Software from 2019 to 2024.

Chapter 3, the IT Inventory Management Software competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and IT Inventory Management Software market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of IT Inventory Management Software.

Chapter 13, to describe IT Inventory Management Software research findings and conclusion.