IT Asset Management Software (ITAM) Market Size, Share, Segmentation, Analysis By Company Profiles, Leading Key Vendors, Import & Export and Revenue by Forecast to 2023

“IT Asset Management Software Market”
IT Asset Management Software Market information research report, by Deployment (on-premise IT asset management software, cloud-based IT asset management software and hybrid IT asset management software), by type (hardware asset management, software asset management) – Global Forecast 2023

Market Research Future published a half-cooked Research report on “Global IT Asset Management Software Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights:

According to a recent study report published by the Market Research Future, The global IT Asset Management Software Market is booming and expected to gain prominence over the forecast period.  The Market is forecasted to demonstrate a huge growth by 2027, surpassing its previous growth records in terms of value with a whooping CAGR during the anticipated period (2016 – 2027).

IT Asset Management Software refers to that software which are being used to monitor the IT assets in the organization. This software plays very vital role in the cost minimization and excess purchase of IT Assets. It involves the identification and deep collection of information about hardware and software which are being used in the organization and helps in the purchase decision. Currently this market has seen marvellous growth as every organization needs IT products for effective process and this software helps to monitor the IT Assets.

According to MRFR, Global IT Asset Management Software Market is estimated to grow at a CAGR of 8% during the forecast period 2017-2023

Major key Players

ServiceNow, Inc. (US), Microsoft Corporation (US), BMC Software Inc. (US), IBM Corporation (US), HP Inc. (US), Oracle Corp (US), Dell Inc. (US), LANDESK Software (US), Samanage Ltd. (US), and Symantec Corp. (US), are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global IT Asset Management Software Market.

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Industry Updates:

Feb 2018 MacAulay-Brown, Inc. which has established itself as a leading company in national security and delivers cybersecurity and product solutions along with advanced engineering services, stated recently that the firm and its business partner, xAssets LLC, have received Software Certification for the xAssets Client Version 7.x of the Information Technology Asset Management and Network Discovery Tool (ITAM-ND). The software of late was approved for the comprehensive certification process given by the Department of the Air Force for both server and client applications. This certification is a result of work by xAssets and MacB project managers, technical engineers, and other experts to reach the exacting values necessary by the U.S. Air Force to attain software certification status.       

Competitive Analysis

The businesses in this trade area are combining their resources to attain their vision for achieving a substantial portion of the business as early as possible. This has raised the possibilities for the approaching growth period significantly. The merchandise that are being provided presently differ greatly because of the rationale of the robust pace of technological discoveries. This consequence is productive for companies so they can aim to uphold their commercial enterprise’s liquidity to take the most effective decisions in terms of strategy execution and designing. The profitable situations accessible in this market are being utilized by candidates who are trying to increase their market coverage by focused development which can encourage the expansion of this business sector.

Segmentation:

The industry for IT asset management software has been divided into the categories of type and deployment. The segmentation on the basis of types comprises of software asset management and hardware asset management. The division on the basis of Deployment comprises of cloud-based IT asset management software, on-premise IT asset management software and hybrid IT asset management software.

Regional Analysis:

The region wise division of the market for IT asset management software has been categorized into Europe, Asia Pacific, North America and Rest of the World. Presently, the North American region is controlling the industry for IT Asset Management Software with a market share of reasonable size owing to the backing from the Canadian and US markets as these countries are well industrialized. The European market has emerged in the second position in terms of market split owing to the intense industrialization in the past couple of years in diverse countries that are a part of this region. However, the IT asset management software industry in the Asia-Pacific region has emerged as one of the most swiftly expanding segments with an exceptional CAGR per cent and is anticipated to reach significant millions in revenue by the end of forecast period.

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Intended Audience

  • Professional Service Provider
  • Advisory firms
  • Training Service Providers
  • Support and Maintenance Service Providers
  • Software Developers
  • Procurement Managers
  • Distribution Centers
  • Manufacturing Companies

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