Global 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 2027
Market Synopsis of IT Asset Management Software:
IT Asset management software refers to those 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 marvelous growth as every organization needs IT products for effective process and this software helps to monitor the IT Assets. At present this market has been valued at US $XX million and growing with the CAGR rate of XX% and expected to reach US $XX million by the end of forecasted period.
Study Objective of IT Asset Management Software:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global IT Asset Management Software Market.
- To provide insights about factors affecting the market growth.
- To analyze the IT Asset Management Software market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment, by scale, by type and by deployment and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global IT Asset Management Software Market.
For the better understanding of the report, this market has been segmented on the basis Deployment which includes- on-premise IT asset management software, cloud-based IT asset management software and hybrid IT asset management software. And by types which includes hardware asset management and software asset management
Currently North America is dominating the market of IT Asset Management Software Market with market share of XX% due to support from the US and Canada as these countries are well developed. Europe stands as second position in prospect of market share due to the heavy industrialization in past couple of years in various countries that belongs to this region. IT Asset Management Software Market in Asia-Pacific has emerged as fastest growing market with the CAGR of XX% and expected to reach US $XX million by the end of forecasted period. Currently Asia-Pacific holds XX% of market share.
The prominent players in the market of IT Asset Management Software are 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), Symantec Corp. (US), among others.
- In June 2016, LANDESK Software upgraded the compatibility level to windows 10 and mobile.
- In May 2016, Symantec Corporation announced the encryption to everywhere in order to make software more secure.
- Major companies including Microsoft, IBM, and HP among others offer IT asset management software into their product portfolio.
- Microsoft provides SAM which is Software Asset Management which can be used to assess the strength for the existing infrastructure, process and procedures.
- IBM offers Tivoli Asset Management software which is used for IT and effective management of IT assets life cycle.
- HP provides HPE asset manager which is complete asset portfolio management software and keeps provide features like hardware and software asset management, easy cloud chargeback, centralized contact management among other features.
The reports also covers brief analysis of Geographical Region includes:
Rest of Western Europe
Rest of Asia
The Middle East& Africa
The report for Global IT Asset Management Software Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.