Global IT Asset Management Market Growth (Status and Outlook) 2023-2029

Global IT Asset Management Market Growth (Status and Outlook) 2023-2029

IT asset management (ITAM) is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business environment.

LPI (LP Information)' newest research report, the “IT Asset Management Industry Forecast” looks at past sales and reviews total world IT Asset Management sales in 2022, providing a comprehensive analysis by region and market sector of projected IT Asset Management sales for 2023 through 2029. With IT Asset Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IT Asset Management industry.

This Insight Report provides a comprehensive analysis of the global IT Asset Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IT Asset Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IT Asset Management market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IT Asset Management and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IT Asset Management.

The global IT Asset Management market size is projected to grow from US$ 2205.4 million in 2022 to US$ 3315.2 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.

IT asset management is an important part of an organization's strategy. It usually involves gathering detailed hardware and software inventory information which is then used to make decisions about hardware and software purchases and redistribution. IT inventory management helps organizations manage their systems more effectively and saves time and money by avoiding unnecessary asset purchases and promoting the harvesting of existing resources.

This report presents a comprehensive overview, market shares, and growth opportunities of IT Asset Management market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud Based
On-premises

Segmentation by application
Enterprises
Government

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Broadcom
IBM
Oracle
SolarWinds
BMC
Snow Software
Livingstone
Agiloft
Axios
Cherwell
Eracent
Express Metrix
Freshservice
HP
Innotas
InvGate
iQuate
Kaseya
LabTech
Landesk
Provance
Samanage
ServiceNow
Symantec
SysAid
Vector Networks

Please note: The report will take approximately 2 business days to prepare and deliver.