Global IT Asset Management Software Market 2023-2027
The IT asset management software market is forecasted to grow by USD 4.23 bn during 2021-2026, accelerating at a CAGR of 6.77% during the forecast period. The report on the IT asset management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rapid adoption of asset management software and the growing importance of asset tracking, the increasing need to comply with asset management standards, and the expansion of IT infrastructure.
Technavio's IT asset management software market is segmented as below:
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growing adoption of cloud-based asset management software services as one of the prime reasons driving the IT asset management software market growth during the next few years. Also, the rapid proliferation of the bring your own device (BYOD) policy, and evolution of the Internet of Things (IoT) and a rapidly growing number of IoT devices will lead to sizable demand in the market.
The report on the IT asset management software market covers the following areas:
- IT asset management software market sizing
- IT asset management software market forecast
- IT asset management software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IT asset management software market vendors that include BMC Software Inc., Certero Ltd., Datalogic Spa, Dell Technologies Inc., Flexera Software LLC, Freshworks Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., InvGate, Ivanti Inc., Koch Industries Inc., Microsoft Corp., Oracle Corp., PrismHR Inc., SAP SE, ServiceNow Inc., Snow Software AB, SolarWinds Corp., SysAid Technologies Ltd., and Ziff Davis LLC. Also, the IT asset management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.